Positron
Reno, Nevada, United States · Artificial Intelligence, Biotechnology, Hardware
Positron AI is transforming generative AI inference with energy-efficient, high-performance compute systems built entirely in the United States. Headquartered in Reno, Nevada, with a remote-first team distributed across the country, Positron’s unique hardware architecture offers the lowest total cost of ownership for transformer models by solving the power, memory, and scalability bottlenecks of l
Key facts
- Headquarters
- Reno, Nevada, United States
- Employees
- 33
- Industries
- Artificial Intelligence, Biotechnology, Hardware
- Status
- Public (POSC)
- Website
- positron.ai
- Company page
Recent activity at Positron
- : SEC 8-K (1.01): On September 30, 2026, Positron Corporation entered into a material definitive agreement by issuing three unsecured promissory notes totaling $2,000,000. The largest note of $1,500,000 was issued to George Ortiz, an affiliated investor. Additionally, a $400,000 note was provided to TISU Investments LTD, controlled by company director Tis Prager, while the final $100,000 note was issued to an unrelated third party. The notes carry an annual interest rate of 20%, with an interim interest payment due six months after issuance, highlighting the company's strategy to secure funding while managing capital costs.
- : Positron AI secures $875 million in Series C funding at a $5 billion valuation. This financing will enable the company to advance its Asimov silicon and Titan system production.
- : SEC 8-K (1.01): On August 13, 2026, Positron Corporation entered into a Line of Credit Agreement with George Ortiz, a related investor, to provide up to $2,000,000. The agreement allows the Company to draw funds at will, with a maximum of $500,000 per calendar quarter and a minimum of $50,000. Loans are subject to a fixed interest rate of 12% per annum, with interest payable quarterly. This financial arrangement is expected to enhance the Company's liquidity for operational needs.
- : Positron Corporation Secures $2 Million Line of Credit
- : Positron AI
- : Positron secured $230M in Series B funding led by Qatar Investment Authority to compete with Nvidia in the AI chip market.
- : SEC 8-K (1.01): On December 23, 2025, Positron Corporation entered into a Subscription Agreement with a single investor for the purchase of 1,333,333 shares of the Company's common stock for a total of $2,000,000. The transaction was executed without a placement agent and relies on an exemption from registration under Regulation S of the Securities Act. This agreement indicates a strategic move to bolster the company's equity financing, which may impact its operational capabilities and liquidity position. The shares were not registered under federal or state securities laws, reflecting a private placement scenario.
- : Positron AI
- : Positron AI secures $51.6 million in oversubscribed Series A to accelerate its inference-optimized hardware, led by Valor Equity Partners and Atreides Management.
- : Positron raised $23.5M in a funding round led by Flume Ventures, Valor Equity Partners, Atreides Management, and Resilience Reserve to scale production of energy-efficient AI chips made in America.
Positron funding history
| Date | Round | Amount |
|---|---|---|
| Sep 2026 | Series C | $875.0M |
| Aug 2026 | Funding Round | $2.0M |
| May 2026 | Venture | $233.9M |
| Feb 2026 | Series B | $230.0M |
| Jul 2025 | Venture | $75.1M |
Leadership
- Edward, Founder and Chief Scientist
- Jor Jiao, Head of Finance
- Mitesh, Chief Executive Officer
- Edward Kmett, Founder
- Thomas Sohmers, Founder
- Mitesh Agrawal, Chief Executive Officer
Verified email and direct lines for Positron’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
Positron files 2 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Positron in the news
- Positron AI Raises $875 Million at a $5 Billion Valuation to Bring Its Next-Generation Inference Silicon to Market - PR Newswire (Sep 10, 2026)
- AI chip startup Positron's valuation skyrockets in latest funding round - Reuters (Sep 10, 2026)
- AI inference chip startup Positron AI raised $875 million at a $5 billion valuation - Quartz (Sep 10, 2026)
- Exclusive | Positron Valued at $5 Billion in New Funding as Demand for AI Chips Surges - WSJ (Sep 11, 2026)
- AI inference startup Positron raises $875m at $5bn valuation - Yahoo Finance (Sep 11, 2026)
- Sheryl Savage – Positron AI - Vanguard Law Magazine (Jun 30, 2026)
- Positron AI Raises $230 Million Series B at Over $1 Billion Valuation to Scale Energy-Efficient AI Inference - Business Wire (Feb 04, 2026)
- Positron AI raises $230M at over $1B valuation to build energy-efficient AI accelerator hardware - SiliconANGLE (Feb 04, 2026)
Companies similar to Positron
- Hoppr · Artificial Intelligence, Biotechnology, Health Care, Image Recognition, Machine Learning
- Corologic · Artificial Intelligence, Biotechnology, Health Care, Image Recognition, Machine Learning
- IMIDEX Inc. · Artificial Intelligence, Biotechnology, Health Care, Image Recognition, Machine Learning
- FotoFinder Systems · Artificial Intelligence, Biotechnology, Health Care, Image Recognition, Machine Learning
- Oxipit · Artificial Intelligence, Biotechnology, Health Care, Image Recognition, Machine Learning
About Positron: questions and answers
What does Positron do?
Positron AI is transforming generative AI inference with energy-efficient, high-performance compute systems built entirely in the United States. Headquartered in Reno, Nevada, with a remote-first team distributed across the country, Positron’s unique hardware architecture offers the lowest total cost of ownership for transformer models by solving the power, memory, and scalability bottlenecks of l
Where is Positron headquartered?
Positron is headquartered in Reno, Nevada, United States.
How many employees does Positron have?
Positron has about 33 employees.
Has Positron raised funding?
Yes. Fundz has recorded 5 funding events for Positron. The most recent, Series C of $875.0M, was in Sep 2026.
Who leads Positron?
Edward is a Founder and Chief Scientist at Positron.
What is the latest news on Positron?
On Sep 30, 2026, SEC 8-K (1.01): On September 30, 2026, Positron Corporation entered into a material definitive agreement by issuing three unsecured promissory notes totaling $2,000,000. The largest note of $1,500,000 was issued to George Ortiz, an affiliated investor. Additionally, a $400,000 note was provided to T
Is Positron a public company?
Yes. Positron is publicly traded under the ticker POSC.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy