Positron

Application Specific Semiconductors · Reno, NV · Founded 2023 · Privately Held (backing)

Developer of semiconductor hardware designed to accelerate inference workloads. Positron is based in Reno, NV and was founded in 2023. It was valued at $5 billion at its Series C in Sep 2026, the last priced event on record. It has raised $514 million across 5 recorded rounds; the latest was an $875 million Series C in Sep 2026.

PMV mark · valuation
$5.0B
Oct 2026
Priced at
its Series C
Sep 2026
Total raised
$514.0M
Last round
Series C
Sep 2026

Capitalization table

2 share classes, by liquidation seniority
ClassLiq. prefIssue price
Series B-1▮▮
Series B-2▮▮
Preferences, participation and issue prices are Pro.Unlock preferences + participation

Membership and data by Private Market View

Pro
The prices on Positron
  • ·Every dated print: 3 trades with prices and structures
  • ·7 investment vehicles formed around Positron: sponsors, sizes, dates
  • ·Direct lines for 5 people on the team
Pro · $99 a month
List $299 · founding price, locked for as long as you stay

Membership and data by Private Market View

Reading Positron's cap table

Share classes are listed senior-first: in a sale or liquidation, higher-seniority preferred stock is paid its liquidation preference before junior classes and common see proceeds. A participating class takes its preference and shares in the remainder; a non-participating class chooses one or the other.

The original issue price is what investors paid per share in that class’s round — read against current secondary prices, it shows which investors are above or below water.

Frequently asked about Positron

How many share classes does Positron have?
Positron has 2 recorded share classes, listed by liquidation seniority — Series B-1 is the most senior.
How many shares has Positron authorized?
Across its 2 recorded classes, Positron has authorized 11,042,418 shares.
Where does Positron's cap table come from?
Share classes are assembled from certificates of incorporation, priced-round filings, and disclosures across Positron's 5 recorded funding rounds.