Latham & Watkins Advises Positron AI in US$51.6 Million Series A
Positron AI, the premier company for American-made semiconductors and inference hardware, has announced the close of a US$51.6 million oversubscribed Series A funding round, bringing its total capital raised this year to over US$75 million. The round was led by Valor Equity Partners, Atreides Management, and DFJ Growth. Additional investment came from Flume Ventures, which includes tech icon Scott McNealy, Resilience Reserve, 1517 Fund, and Unless. This new funding will support the continued deployment of Positron’s first-generation product, Atlas, and accelerate the rollout of its second-generation products in 2026.
Latham & Watkins LLP represents Positron AI in the transaction with an Emerging Companies & Growth team led by Bay Area partner Alex Kassai, with associates Christopher Pham, Samantha Wang, and Ryleigh Chen.