# Atreides Management's AI Investments: 14 Startups in Its Portfolio (2026) > The 14 AI startups Atreides Management has backed, by stage: $24B raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/atreides-management-ai-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Series C and later 9 - [Crusoe](https://millionrounds.com/company/crusoe) - [Cognition](https://millionrounds.com/company/cognition) - [Cerebras Systems](https://millionrounds.com/company/cerebras-systems) - [Fireworks AI](https://millionrounds.com/company/fireworks-ai) - [Legora](https://millionrounds.com/company/legora) - [Positron AI](https://millionrounds.com/company/positron-ai) - [Lumilens](https://millionrounds.com/company/lumilens) - [Mythic](https://millionrounds.com/company/mythic) - [Enfabrica](https://millionrounds.com/company/enfabrica) ## Series A 3 - [Flapping Airplanes](https://millionrounds.com/company/flapping-airplanes) - [Deep Cogito](https://millionrounds.com/company/deep-cogito) - [*M* Mega](https://millionrounds.com/company/mega) ## Series B 2 - [Valar Atomics](https://millionrounds.com/company/valar-atomics) - [Flow Engineering](https://millionrounds.com/company/flow-engineering) ## Segment by segment ### Series C and later 9 startups · $21B raised - [**Crusoe**](https://millionrounds.com/company/crusoe) Crusoe is an energy-first AI infrastructure company that develops and operates large-scale, AI-optimized data centers powered by c United States $9.9B - [**Cognition**](https://millionrounds.com/company/cognition) Cognition, based in San Francisco, is an artificial intelligence company focused on enhancing software development. United States $3.0B - [**Cerebras Systems**](https://millionrounds.com/company/cerebras-systems) Cerebras Systems develops computing chips with the sole purpose of accelerating AI. United States $3.0B - [**Fireworks AI**](https://millionrounds.com/company/fireworks-ai) Fireworks AI is a generative AI infrastructure platform that specializes in delivering fast inference and full-parameter training United States $1.7B - [**Legora**](https://millionrounds.com/company/legora) Legora is a legal technology company based in Stockholm, founded in 2023. Sweden $1.3B - [**Positron AI**](https://millionrounds.com/company/positron-ai) Positron AI is a semiconductor and AI infrastructure company based in Reno, Nevada, founded in 2023. United States $875M - [**Lumilens**](https://millionrounds.com/company/lumilens) Lumilens addresses the red hot market for AI data center infrastructure by designing, manufacturing and selling photonic interconn United States $709M - [**Mythic**](https://millionrounds.com/company/mythic) Mythic is a semiconductor company founded in 2012, specializing in power-efficient Analog Processing Units (APUs) for edge AI inference. United States $204M ### Series A 3 startups · $1.3B raised - [**Flapping Airplanes**](https://millionrounds.com/company/flapping-airplanes) Flapping Airplanes is an AI research lab dedicated to developing data-efficient training methods for artificial intelligence. United States $1.2B - [**Deep Cogito**](https://millionrounds.com/company/deep-cogito) Deep Cogito is an AI research startup based in San Francisco, founded in June 2024 by former Google and DeepMind engineers Drishan United States $96M - [*M* **Mega**](https://millionrounds.com/company/mega) United States $12M ### Series B 2 startups · $1.7B raised - [**Valar Atomics**](https://millionrounds.com/company/valar-atomics) Valar Atomics is a U.S.-based advanced nuclear energy startup founded in 2023 and headquartered in El Segundo, California. United States $1.6B - [**Flow Engineering**](https://millionrounds.com/company/flow-engineering) Flow Engineering is a software development company founded in 2016 and based in Los Angeles, California, with an additional office United Kingdom $73M **How this map is made.** Every startup here works in AI and has raised money in a round we track that names Atreides Management as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Co-investors **Who invests with Atreides Management** 43 co-investors](https://millionrounds.com/portfolio-maps/atreides-management-co-investors)[Sector portfolio **Techstars' AI portfolio** 336 startups · $4.9B](https://millionrounds.com/portfolio-maps/techstars-ai-portfolio)[Sector portfolio **Alumni Ventures' AI portfolio** 302 startups · $36B](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-ai-portfolio)[Sector portfolio **Andreessen Horowitz's AI portfolio** 259 startups · $426B](https://millionrounds.com/portfolio-maps/andreessen-horowitz-ai-portfolio)[Sector portfolio **General Catalyst's AI portfolio** 226 startups · $179B](https://millionrounds.com/portfolio-maps/general-catalyst-ai-portfolio)[Sector portfolio **Sequoia Capital's AI portfolio** 209 startups · $543B](https://millionrounds.com/portfolio-maps/sequoia-capital-ai-portfolio) ## Raising from investors like Atreides Management? 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