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Early Cerebras investor Adit Singh joins Mayfield as infrastructure partner

At Mayfield, Singh will focus on semiconductor, cybersecurity, and physical AI investments.

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At Mayfield, Singh will focus on semiconductor, cybersecurity, and physical AI investments.

The short version

  • 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.

What happened

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.

Why it matters

“I’m a chip designer by training,” Singh said.

Summary by Nerd News Network. Read the full article at TechCrunch via the links above and below.

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