Early Cerebras investor Adit Singh joins Mayfield as infrastructure partner
Adit Singh, a veteran investor known for his early stake in Cerebras, has joined the venture capital firm Mayfield as an infrastructure partner. He will focus on hardware, semiconductors, and physical AI, leveraging Mayfield's significant assets to lead large-scale seed investments.
Why it matters
This move highlights the increasing consolidation of capital and expertise in the semiconductor and AI infrastructure sectors as firms compete for high-growth hardware startups.
Adit Singh was a partner at Foundation Capital when he helped source and co-lead the first funding round into then-obscure chip startup Cerebras.
By the time Cerebras held its blockbuster IPO in May, Foundation Capital held a roughly 7% stake , making it the third-largest shareholder in the company, which now trades at a valuation of nearly $50 billion.
Singh now has a new VC firm to call home: On Thursday, he said he’s now joined the 57-year-old Mayfield as an infrastructure partner.
At Mayfield, Singh will invest in hardware, infrastructure software, cybersecurity, and physical AI. He says it was the firm’s strength in semiconductors that drew him to the role.
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