By UpMarket Research | Last updated: September 2026
CEO Patrick BowenFounded 2020HQ Austin, TX, US
Neurophos is an Austin-based semiconductor company developing photonic AI inference chips. It builds optical processors and metasurface-based compute systems designed to improve AI speed and energy efficiency.
Access to pre-IPO shares is available to accredited investors through UpMarket.
Latest Price
Previous Price
Seed Dec 2023
How to Invest in Neurophos Through UpMarket
Neurophos shares are not on public exchanges. UpMarket provides accredited investors access through secondary market transactions.
Step 01
Verify accredited investor status
Confirm eligibility under SEC Rule 501 of Regulation D. Income or net worth threshold applies.
Step 02
Create an UpMarket account
Complete KYC/AML onboarding. Typically 1–2 business days. Licensed rep assigned on signup.
Step 03
Review available Neurophos offerings
Full offering memoranda and risk disclosures provided before any commitment is required.
Step 04
Complete subscription documents
Review and sign subscription agreement. All documents handled digitally through the platform.
Step 05
Fund your investment
Wire transfer or ACH. $50K minimum. Funds held in custodial account until close.
Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.
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Valuation Growth Over Time
Post-money valuation by round
Previous roundsMost recent
Date
Round
PPS (split-adj.)
Valuation
Jan 2026
Series A
Dec 2023
Seed
Why Investors Are Watching Neurophos
Growth Signal
Neurophos raises $110M Series A to scale photonic AI chips
Neurophos announced a $110 million oversubscribed Series A in January 2026, bringing total funding to $118 million. The Austin-based company said it plans to expand its North Austin headquarters and hire 80 local employees.
Competitive Moat
Metamaterials patent base underpins Neurophos optical compute
Neurophos says it is leveraging decades of metamaterials research and more than 300 patents to build its optical compute-in-memory platform. Its architecture targets AI inference speed and energy efficiency gains of more than 100x.
Product Milestone
Optical Processing Units target 100-GPU workloads at 1% power
Neurophos develops ultra-dense Optical Processing Units that it says can match workloads equivalent to 100 leading GPUs while using only 1% of the power. The company describes the chips as a drop-in replacement for data-center GPU environments.
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No. As of August 2026, Neurophos is a private company and does not trade on any public stock exchange. Accredited investors can access Neurophos shares through UpMarket, a FINRA-registered broker-dealer that specializes in pre-IPO investments.
Neurophos does not have a public stock price because it is privately held. The most recent known share price comes from its last funding round. Pre-IPO share prices on the secondary market may differ from the last round price depending on supply, demand, and market conditions.
Yes. Accredited investors can indicate interest in Neurophos shares through UpMarket by filling out the form on this page or creating an account at upmarket.co. All pre-IPO offerings are subject to availability and require a $50,000 minimum investment. UpMarket is a FINRA-registered broker-dealer and has brokered more than $500M in alternative investments since 2019.
Pre-IPO investments carry significant risks. Neurophos shares are illiquid, meaning there is no public market to sell them quickly. There is no guaranteed exit timeline or return. The investment is speculative in nature, and investors should be prepared for the possibility of total loss. Valuations of private companies can fluctuate substantially between funding rounds. Investors should consult their financial advisor and review all offering documents before investing.
In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.
There are two primary exit paths for pre-IPO holdings: selling your shares on the secondary market to another buyer, or holding until the company completes an IPO or is acquired. Both paths are subject to transfer restrictions, company approval (right of first refusal), and market conditions. The timing of any exit is unpredictable, and investors should plan for a multi-year holding period.
The minimum investment for most pre-IPO offerings on UpMarket is $50,000. This amount may vary depending on the specific offering and share availability. There are no fees to create an UpMarket account or browse available investments. Investors only pay transaction-related fees when they complete an investment.
UpMarket's valuation estimate is derived from a proprietary model that incorporates multiple data sources: funding round data (Caplight), revenue estimates (Sacra), secondary market pricing, and public company comparables. The model applies a private company discount to the public comp multiple to account for illiquidity and information asymmetry. This estimate is not investment advice and may differ substantially from the price at which shares actually trade.
Neurophos is an Austin-based semiconductor company developing photonic AI inference chips and optical processors, raised $110M in Series A funding to scale its metasurface-based compute systems, accredited investors can access Neurophos stock through UpMarket.