Company
New Enterprise Associates (NEA) is a major U.S. venture capital firm investing across technology, healthcare, and life sciences sectors.
The $375m Series C priced Positron at $3.5bn before the money, and the up-to-$500m follow-on has to be sitting at $4.5bn pre-money to reach the $5bn headline, which only holds if every dollar of it is drawn.
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Factory raised $200 million to run language ports and migrations with orchestrated agents. Its projects open with a Readiness Report that checks whether the customer's repository is organized and documented well enough for those agents to work in.
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Blackstone, Khosla and Sequoia backed a $200M round pricing Factory at $5B, five months after a $150M round at $1.5B, and the volume figure the company put behind it is a count of developers, not dollars.
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Positron says the money covers a TSMC N3P tapeout by the end of 2026, a new 2MW engineering data center and a production ramp in the second half of 2027. The larger of the round's two tranches is described as up to $500 million.
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The $875 million round prices an inference chip whose performance figures come from cycle-accurate simulations and whose production date has moved from early 2027 into the second half. The system Positron ships today runs on HBM.
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The Reno startup says its Asimov ASIC carries 288 GB of on-package LPDDR5X and realizes more than 90% of its memory bandwidth. Both figures come from the company, and no independent benchmark accompanies them.
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Positron is now worth $5 billion on a design that swaps HBM for the memory that ships in phones, but Asimov has not taped out, mass production is set for the second half of 2027, and the 26x tokens-per-dollar figure comes from simulation.
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A $250 million round pushed the AI pentesting company above $2 billion. The clearest return on Snehal Antani's two decades inside IBM, GE Capital, Splunk and JSOC is who he could hire and what he could borrow.
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Wispr raised $280 million at a $2 billion valuation six months after its last round. Its lead investor says the competitive set is every text box in front of an AI model.
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