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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.

Adit Singh, a former partner at Foundation Capital, has transitioned from investing in chip startup Cerebras to joining Mayfield as an infrastructure partner. Foundation Capital held a 7% stake in Cerebras, which now has a valuation of nearly $50 billion. Singh's decision to join Mayfield was largely due to the firm's significant assets under management, enabling it to make seed checks of up to $20 million.

Mayfield Managing Partner Navin Chaddha expressed that despite their 15-year relationship and shared board memberships, Singh's decision to join the firm was a culmination of favorable circumstances. Singh, with a background in electrical engineering and chip design, praised Mayfield's semiconductor portfolio, which he believes is the best in the market, citing investments in Upscale AI and Lumilens as evidence.

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