Positron, a Reno, NV-based developer of AI inference expertise for synthetic intelligence computing, raised $23.5m in funding.
Backers included Flume Ventures, Valor Fairness Companions, Atreides Administration, and Resilience Reserve.
The corporate intends to make use of the funds to scale manufacturing of its U.S.-manufactured, energy-efficient AI chips.
Led by Mitesh Agrawal, the newly appointed CEO, Positron is constructing superior inference methods that ship efficiency, vitality effectivity, and scalability to knowledge facilities and enterprises enabling them to unlock the total potential of their AI workloads whereas decreasing dependency on Nvidia.
The corporate is already transport merchandise to knowledge facilities and neoclouds across the nation.
Agrawal, who beforehand served as an govt at Lambda, joins Positron’s Co-Founders, CTO Thomas Sohmers and CSO Edward Kmett.
FinSMEs
11/02/2025
