Introducing F4 Champions, a new accelerator for founders at the earliest stage.F4 Champions for early-stage foundersEnrollment closesAugust 2Learn more

F4/SemiAnalysis Capital/Activity

SemiAnalysis Capital Activity

Every public signal F4 has attached to this firm, with sources and cross-entity links.

Types

Time range

Investment

Dylan Patel raised a $50M special-purpose vehicle to participate in Fluidstack's roughly $700M growth round for AI datacenter and GPU cloud buildout.

FluidStack

FluidStack SemiAnalysis Capital

app.dealroom.co

kucoin.com

Added recently

Investment

Co-led Positron AI's $875M Series C at a $5B valuation alongside NEA, Atreides Management, Valor Equity Partners, and Andra Capital; Dylan Patel joined Positron's board of directors.

Positron AI

Positron AI SemiAnalysis Capital

pulse2.comSEP 10, 2026

finsmes.com

wsj.com

SEP 10, 2026

New Fund

Filed SEC Form D for SemiAnalysis Capital Fund I, L.P., targeting a $400M venture fund for AI infrastructure investments managed by founder Dylan Patel.

SemiAnalysis Capital Fund I

SemiAnalysis Capital

theinformation.comJUL 31, 2026

kucoin.com

pipelineroad.com

tokenpost.com

JUL 31, 2026

Milestone

Portfolio company Prime Intellect raised a $130M Series A led by Radical Ventures, with NVIDIA Ventures and Intel Capital participating, to build the open superintelligence stack.

Prime Intellect

Prime Intellect SemiAnalysis Capital

primeintellect.aiJUL 8, 2026

JUL 8, 2026

News

Profiled for building SemiAnalysis into a hybrid media, research, and investing operation with outsized influence in AI/semiconductor circles.

The Information profile: How Dylan Patel and SemiAnalysis grabbed sway in Silicon Valley

SemiAnalysis Capital

theinformation.comAPR 17, 2026

APR 17, 2026

Milestone

Portfolio company Positron raised a $230M Series B, pushing its valuation past $1B, to challenge Nvidia in AI inference chips.

Positron AI

Positron AI SemiAnalysis Capital

finance.yahoo.comFEB 4, 2026

FEB 4, 2026

3 investments· FEB 2025 – JUN 2025Show all

Investment

Dylan Patel personally invested in Positron AI's $51.6M Series A alongside Valor Equity Partners and Atreides Management, ahead of SemiAnalysis Capital's formal fund formation.

Positron AI

Positron AI SemiAnalysis Capital

tracxn.comJUN 16, 2025

JUN 16, 2025

Investment

Dylan Patel invested in zeroRISC's $10M seed round for open-source silicon root-of-trust commercialization, alongside Fontinalis Partners.

ZeroRISC

ZeroRISC SemiAnalysis Capital

tracxn.comJUN 11, 2025

JUN 11, 2025

Investment

Dylan Patel participated in Prime Intellect's $15M round led by Founders Fund with Menlo Ventures and Andrej Karpathy, ahead of SemiAnalysis Capital's formation.

Prime Intellect

Prime Intellect SemiAnalysis Capital

tracxn.comFEB 28, 2025

primeintellect.ai

FEB 28, 2025

SemiAnalysis Capital | Activity | F4