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Positron valuation, funding and investors

Positron works in generative AI hardware acceleration solutions, based in Reno, United States. Founded in 2023, it has about 100 employees.

Reno Series C
VALUATION · TODAY
$5.16B +26% after Series C
Range $4.35B – $7.48B · Grade A
TODAY
+12 MO
$2.00B
$4.00B
$6.00B
$8.00B
$10.00B
2024
2025
2026
2027
Seed $23.5M
Series A $51.6M
Series B $230M
Series C $875M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY100 employees
+47%6m growth
+144%1y growth
+488%2y growth
50
100
150
TODAY
Predicted in 1 yr $6.50B +26% vs today
Predicted next raise $715M if a round comes
Winding-down probability 0%
Last round
Series C · $875M · Sep 2026
Valuation at last round
$5.00B
Headcount
100 · growing
Grade
A
Founded
2023
How VCMC values companies →

Positron valuation today

VCMC values Positron at $5.2B today, with a range of $4.3B to $7.5B and a grade of A. The valuation starts from its last funding round, a Series C round in Sep 2026.

Valuation by date (51 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Positron: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2023$22.1M$8.05M – $60.7M$24.1M (+9%)before first round–unknownD0%
1 Feb 2023$22.3M$8.11M – $61.2M$24.3M (+9%)before first round–unknownD0%
1 Mar 2023$22.4M$8.16M – $61.6M$24.5M (+9%)before first round–unknownD0%
1 Apr 2023$22.6M$8.22M – $62.0M$24.7M (+9%)before first round–unknownD0%
1 May 2023$22.8M$8.28M – $62.5M$24.8M (+9%)before first round–unknownD0%
1 Jun 2023$22.9M$8.35M – $63.0M$25.0M (+9%)before first round–unknownD0%
1 Jul 2023$23.1M$8.41M – $63.4M$25.2M (+9%)before first round–unknownD0%
1 Aug 2023$23.3M$8.47M – $63.9M$25.2M (+8%)before first round–unknownD0%
1 Sep 2023$23.4M$8.53M – $64.4M$25.2M (+8%)before first round–unknownD0%
1 Oct 2023$20.2M$7.34M – $55.4M$21.5M (+7%)before first round6unknownD0%
1 Nov 2023$20.3M$7.39M – $55.8M$21.5M (+6%)before first round6unknownD0%
1 Dec 2023$20.5M$7.45M – $56.2M$21.5M (+5%)before first round6unknownD0%
1 Jan 2024$20.6M$7.50M – $56.6M$21.5M (+5%)before first round6unknownD0%
1 Feb 2024$20.8M$7.56M – $57.0M$21.5M (+4%)before first round6unknownD0%
1 Mar 2024$21.9M$7.97M – $60.2M$22.6M (+3%)before first round8unknownD0%
1 Apr 2024$22.1M$8.03M – $60.6M$22.6M (+2%)before first round8unknownD0%
1 May 2024$22.2M$8.09M – $61.1M$22.6M (+1%)before first round8unknownD0%
1 Jun 2024$22.4M$8.15M – $61.5M$22.6M (+1%)before first round8unknownD0%
1 Jul 2024$22.6M$8.21M – $62.0M$22.6M (0%)before first round8unknownD0%
1 Aug 2024$35.2M$15.1M – $70.0M$35.2M (0%)before first round17growingC0%
1 Sep 2024$35.2M$15.1M – $70.0M$35.2M (0%)before first round17growingC0%
1 Oct 2024$35.2M$15.1M – $70.0M$35.2M (0%)before first round17growingC0%
1 Nov 2024$35.9M$15.4M – $71.2M$35.9M (0%)before first round19growingC0%
1 Dec 2024$35.9M$15.4M – $71.2M$35.9M (0%)before first round19growingC0%
1 Jan 2025$35.9M$15.4M – $71.2M$35.9M (0%)before first round19growingC0%
1 Feb 2025$35.9M$15.4M – $71.2M$35.9M (0%)before first round19growingC0%
12 Feb 2025$157M$103M – $477M$313M (+100%)after a round19growingC0%
1 Mar 2025$162M$103M – $477M$313M (+93%)after a round19growingC0%
1 Apr 2025$172M$103M – $477M$313M (+82%)after a round19growingC0%
1 May 2025$182M$103M – $477M$313M (+72%)after a round19growingC0%
1 Jun 2025$193M$103M – $477M$313M (+62%)after a round19growingC0%
1 Jul 2025$204M$103M – $477M$313M (+53%)after a round19growingC0%
29 Jul 2025$298M$210M – $760M$536M (+80%)after a round19growingC0%
1 Aug 2025$300M$210M – $760M$536M (+79%)after a round33growingC0%
1 Sep 2025$315M$210M – $760M$536M (+70%)after a round33growingC0%
1 Oct 2025$333M$220M – $798M$562M (+69%)after a round41growingC0%
1 Nov 2025$352M$220M – $798M$562M (+60%)after a round41growingC0%
1 Dec 2025$376M$229M – $829M$585M (+56%)after a round49growingC0%
1 Jan 2026$398M$229M – $829M$585M (+47%)after a round49growingC0%
1 Feb 2026$421M$229M – $829M$585M (+39%)after a round49growingC0%
5 Feb 2026$1.0B$869M – $1.7B$1.5B (+50%)after a round49growingB0%
1 Mar 2026$1.0B$869M – $1.7B$1.5B (+46%)after a round49growingB0%
1 Apr 2026$1.1B$869M – $1.7B$1.5B (+41%)after a round68growingB0%
1 May 2026$1.1B$869M – $1.7B$1.5B (+36%)after a round68growingB0%
1 Jun 2026$1.2B$869M – $1.8B$1.6B (+35%)after a round80growingB0%
1 Jul 2026$1.2B$869M – $1.8B$1.6B (+30%)after a round80growingB0%
1 Aug 2026$1.2B$869M – $1.8B$1.6B (+25%)after a round80growingB0%
1 Sep 2026$1.3B$869M – $1.8B$1.6B (+21%)after a round80growingB0%
11 Sep 2026$5.0B$4.3B – $7.5B$6.5B (+30%)after a round80growingA0%
1 Oct 2026$5.1B$4.3B – $7.5B$6.5B (+28%)after a round100growingA0%
24 Oct 2026$5.2B$4.3B – $7.5B$6.5B (+26%)after a round100growingA0%

Key facts about Positron

Founded
2023
Headquarters
Reno, United States
Employees
about 100 +144% in a year
Total raised
$1.18B
Funding rounds
4
Last round
Series C Sep 2026

Positron was founded in 2023 by Thomas Sohmers.

Positron funding history

Positron has 4 funding rounds on record, from Feb 2025 to Sep 2026, $1.18B in total. The latest disclosed valuation is $5.00B post-money (Series C, Sep 2026).

  1. Series C 10 Sep 2026

    Led by New Enterprise Associates, Andra Capital, Atreides Management, Valor, SemiAnalysis Capital, Jim Clark; with DFJ Growth, Qatar Investment Authority, Cisco Investments, Naver Ventures, Hudson River Trading, 1517 Fund, Resilience Reserve, Natural Capital, Helena, Boardman Bay, Arena Private Wealth, Flume Ventures, Unless, Fincadia Advisors, Banyan Ventures, U First Capital, VentureTech Alliance.

    Sources: positron.ai, prnewswire.com, savedelete.com and 3 more

    $875M

    $5.00B post-money

  2. Series B 4 Feb 2026

    Led by Arena Private Wealth, Jump Trading, Unless, Helena Capital; with Qatar Investment Authority, Arm Holdings Plc, Valor, Atreides Management, DFJ Growth, Resilience Reserve, Flume Ventures, 1517 Fund.

    Sources: positron.ai, techcrunch.com, middleeastainews.com and 1 more

    $230M

    $1.00B post-money

  3. Series A 28 Jul 2025

    Led by Valor, Atreides Management, DFJ Growth; with Flume Ventures, Resilience Reserve, 1517 Fund, Unless.

    Sources: businesswire.com, lw.com, silicon.co.uk and 3 more

    $52M

  4. Seed 11 Feb 2025

    With Flume Ventures, Valor, Atreides Management, Resilience Reserve.

    Sources: businesswire.com, usatoday.com, newelectronics.co.uk and 2 more

    $24M

Positron investors

27 investors have backed Positron; Atreides Management, Valor and DFJ Growth and 8 more led at least one round.

What Positron does

Positron works in device manufacturing, with 14 recorded offerings and customers in AI, gaming, content moderation and CDN.

Positron is a United States company engaged in the design and manufacturing of purpose-built hardware for generative AI, with a focus on accelerating Transformer Model Inference. The company develops hardware and software solutions for enterprises and research teams, supporting inference, fine-tuning, and training of large language models. Positron also engages in research and development of Application-Specific Integrated Circuits (ASICs) for parallel compute workloads, including training and other compute-intensive tasks. Its products are designed to be scalable and adaptable, with a developer portal providing integration support.

Description from Veridion's company data.

Products and services

  • Generative AI Hardware Acceleration Solutions
  • Transformer Model Inference Hardware Manufacturing
  • Transformer Model Fine-Tuning Hardware Manufacturing
  • Transformer Model Training Hardware Manufacturing
  • Parallel Compute Workload Hardware Acceleration
  • ASIC Design and Manufacturing
  • AI Hardware Software Integration Services
  • Developer Portal Integration Services
  • Scalable AI System Solutions
  • Low Power AI Hardware Manufacturing
  • High Performance AI Hardware Manufacturing
  • Industry-Specific AI Hardware Solutions
  • Research and Development Services
  • AI Hardware Distribution

Markets

  • AI
  • Gaming
  • Content Moderation
  • CDN
  • Token-as-a-Service

Technology

  • Application-Specific Integrated Circuit (ASIC) for Generative AI Acceleration
  • Transformer Model Acceleration Hardware
  • Parallel Compute Architecture for AI Training and Inference

Business model

  • Business-to-Business
  • Manufacturing

Industry codes (NAICS)

  • 334111 Electronic Computer Manufacturing 70% match
  • 513210 Software Publishers 30% match

Questions about Positron

What is Positron worth?

Valuation $5.2B (range $4.3B to $7.5B), as of 24 Oct 2026. The last disclosed valuation was $5.00B (Series C, Sep 2026).

Has Positron raised money?

Positron has 4 funding rounds on record, from Feb 2025 to Sep 2026, $1.18B in total. The latest disclosed valuation is $5.00B post-money (Series C, Sep 2026).

Who has invested in Positron?

Atreides Management, Valor, DFJ Growth, Unless, Arena Private Wealth and Andra Capital, and 21 more. Lead investors include Atreides Management, Valor, DFJ Growth and Unless.

How many people work at Positron?

About 100, up 144% over the last year. Headcount grew from 6 in Oct 2023 to 100 in Sep 2026.

What does Positron do?

Positron works in device manufacturing, with 14 recorded offerings and customers in AI, gaming, content moderation and CDN. Its main offerings are generative AI hardware acceleration solutions, transformer model inference hardware manufacturing and transformer model fine-tuning hardware manufacturing.

When was Positron founded, and where is it based?

Positron was founded in 2023 and is based in Reno, United States. It has about 100 employees, up 144% over the last year.