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Adit Singh Joins Mayfield as Infrastructure Partner

Created at 20 Aug · 5:25 PM1 source↑ Market-relevant
IN SHORT

Adit Singh, an early investor in Cerebras, has joined Mayfield as an infrastructure partner. He will focus on hardware, infrastructure software, cybersecurity, and physical AI investments, leveraging his semiconductor expertise.

Key Numbers

7%Foundation Capital's stake in Cerebras at IPO
$50 billionCerebras's valuation post-IPO
57-year-oldMayfield's age
$2 billionUpscale AI valuation
$700 millionLumilens funding round
$5.5 billionLumilens valuation
10 yearsTime since Singh recognized Cerebras's potential
2017Year Singh co-founded Neotribe Ventures
4 yearsTime Singh led Neotribe Ventures
$3 billionMayfield's assets under management
$20 millionMayfield's maximum seed check size
15 yearsDuration Navin Chaddha has known Singh

Who's Involved

Adit Singh
New infrastructure partner at Mayfield, formerly of Foundation Capital and Neotribe Ventures
Mayfield
Venture capital firm where Adit Singh will focus on infrastructure investments
Cerebras
Chip startup Adit Singh helped fund early on
Foundation Capital
Venture capital firm where Adit Singh was a partner
Navin Chaddha
Managing partner at Mayfield
Neotribe Ventures
Firm co-founded by Adit Singh
Cota Capital
Early-stage firm where Adit Singh previously worked

↳ Why This Matters

Adit Singh's move to Mayfield signals a continued focus on significant seed-stage infrastructure and semiconductor investments, potentially bringing substantial capital and expertise to promising hardware and AI companies.

Key facts

  • Adit Singh, an early investor in Cerebras, has joined Mayfield as an infrastructure partner.
  • Singh will focus on investments in hardware, infrastructure software, cybersecurity, and physical AI.
  • Mayfield has $3 billion in assets under management, allowing for seed checks up to $20 million.
  • Singh has a background in electrical engineering and chip design.
  • He previously co-founded Neotribe Ventures and worked at Cota Capital.

Adit Singh, known for his early investment in chip startup Cerebras, has joined Mayfield as an infrastructure partner. Singh, who previously worked at Foundation Capital and co-founded Neotribe Ventures, will focus on investments in hardware, infrastructure software, cybersecurity, and physical AI.

Singh's background in electrical engineering and chip design, which he credits for recognizing Cerebras's potential a decade ago, will be a key asset in his new role. He noted Mayfield's strong semiconductor portfolio, citing investments in companies like Upscale AI and Lumilens, as a significant draw.

The increasing size of seed infrastructure deals also influenced Singh's decision. Mayfield's substantial assets under management allow it to participate in larger seed rounds, a segment Singh aims to target. Mayfield managing partner Navin Chaddha expressed enthusiasm for Singh joining, noting their long-standing relationship and shared board seats.

Frequently asked questions

Adit Singh has a background in electrical engineering and chip design. He was an early investor in Cerebras and previously worked at Foundation Capital, co-founded Neotribe Ventures, and joined Cota Capital.

At Mayfield, Singh will invest in hardware, infrastructure software, cybersecurity, and physical AI.

He was drawn to Mayfield's strength in semiconductors, its substantial assets under management allowing for larger seed checks, and the firm's established track record.

What Happens Next

01Singh will begin making investments in hardware, infrastructure software, cybersecurity, and physical AI.
02Mayfield will continue to leverage its $3 billion AUM for seed-stage infrastructure deals.

How It Developed

Adit Singh helped source and lead the first funding round for Cerebras while at Foundation Capital.
Foundation Capital held a significant stake in Cerebras by the time of its IPO.
Adit Singh co-founded Neotribe Ventures in 2017.
Singh later joined Cota Capital.
Adit Singh has joined Mayfield as an infrastructure partner.
Singh will invest in hardware, infrastructure software, cybersecurity, and physical AI at Mayfield.
Mayfield managing partner Navin Chaddha confirmed Singh's long-standing relationship with the firm.

Sources

T1
Early Cerebras investor Adit Singh joins Mayfield as infrastructure partnerTechCrunch

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