Fincadia Advisors’ Investment Funds Invest $50 Million in Positron AI’s $875 Million Series C and C-1 Financing

Follow-on investment deepens Fincadia Advisors’ commitment to AI inference infrastructure

MELVILLE, N.Y.--(BUSINESS WIRE)--FCP Venture X LLC Series XV and FCP Venture X QP LLC Series XXI (together, the “Series”), each a separate series of a Delaware series limited liability company advised by Fincadia Advisors LLC (“Fincadia Advisors”), an investment adviser registered with the Securities and Exchange Commission, today announced a $50 million investment in Positron AI, as part of the company’s $875 million Series C and C-1 financing at a $5 billion post-money valuation.

The financing was co-led by New Enterprise Associates (NEA), Atreides Management, Valor Equity Partners, Andra Capital, Dylan Patel’s SemiAnalysis Capital and Jim Clark.

Other series of FCP Venture X invested in Positron’s Series B financing in February 2026; the Series C and C-1 investment was made through the Series. The financing values Positron at $5 billion, up from $1 billion at its Series B in February 2026.

Positron develops memory-first inference systems designed for performance and energy efficiency. The company has deployed more than 50 racks of its first-generation Atlas systems at Oracle Cloud Infrastructure, where partner Parasail uses the capacity to power its inference service.

“Artificial intelligence’s long-term impact will depend not only on what the models can do, but also on the economics of putting them to work,” said Dwayne Samboy, Chief Investment Officer at Fincadia Advisors. “Positron designed its systems to give AI models more memory and faster access to the data they need. The Atlas deployment at Oracle Cloud Infrastructure showed us the team’s ability to execute. Its next-generation Asimov chip is designed to avoid dependence on high-bandwidth memory and improve inference economics. That’s what gave us the confidence to invest.”

The financing will support the tapeout of Asimov, Positron’s next-generation silicon, on TSMC N3P at the end of 2026, with production in the second half of 2027; the build-out of a 2 MW-plus engineering data center and emulation platform; and the production ramp of Titan, its next-generation inference system, including supply commitments, system integration and go-to-market expansion. Positron’s announcement of the financing is available at positron.ai.

“I am really grateful for Fincadia’s continued support of Positron AI in this round and previous rounds,” said Mitesh Agrawal, Chief Executive Officer of Positron AI. “Each time they chose to invest again, they showed their confidence in our team and our vision. That means a lot to me personally, and I appreciate the trust they continue to place in us. They were a pleasure to work with and made the investment process easy for us, which gave us more time to focus on building Positron AI.”

“Building the next generation of AI infrastructure takes both a clear technical vision and disciplined execution, and Mitesh, Thomas and the Positron team have shown both,” said Joon Rhee, Manager at Fincadia Advisors. “We look forward to supporting them through the Asimov and Titan ramp.”

Arete Wealth Management, LLC, member FINRA | SIPC, served as placement agent in connection with the Series’ investment.

“FCP Venture X brought a clear investment thesis and a long-term perspective to this transaction,” said David Levine, Chief Executive Officer of Arete Wealth. “We were pleased to serve as the exclusive placement agent and to support FCP Venture X’s participation in this financing. We greatly value our relationship with the Fincadia Advisors team and our work together supporting carefully selected private-market investments.”

About Positron AI

Positron AI builds hardware and software to make AI inference dramatically cheaper and more energy efficient. The company’s shipping product, Atlas, is deployed in production at Oracle Cloud Infrastructure today; its next-generation silicon, Asimov, will power Titan, a multi-terabyte-memory inference system for long-context and next-generation AI workloads. Learn more at positron.ai.

About Fincadia Advisors

Fincadia Advisors is a private investment firm investing across private markets on behalf of its funds and clients, with a core focus on AI infrastructure: the silicon, systems, and power behind large-scale AI deployment. Fincadia’s venture investments are made through FCP Venture X, the firm’s dedicated venture platform.

Investing in private-market securities involves risk, including the possible loss of principal. This press release is for informational purposes only. Under no circumstances is it to be used or considered an offer to sell, or a solicitation of an offer to buy, interests in any series of FCP Venture X LLC or FCP Venture X QP LLC or any other securities. Arete Wealth Management, LLC, member FINRA | SIPC, served as placement agent for the offering of interests in the Series. Principals of Fincadia Advisors are registered representatives of Arete Wealth Management, and Arete Wealth Management and its registered representatives received compensation in connection with that placement.