Mythic is an Edge AI company founded in 2012 and based in Redwood City, USA. It has raised $132M in total funding, most recently a Convertible in 2023.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Mar 9, 2023 | Convertible | $13M | — | Atreides Management, DCVC, Lux Capital |
| May 11, 2021 | Series C | $70M | — | BlackRock, Hewlett Packard Enterprise |
| Mar 20, 2018 | Series B | $40M | — | SoftBank Ventures |
| Mar 1, 2017 | Series A | $9M | — | DFJ |
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Mythic's flagship edge-AI inference chip, delivering up to 25 TOPS (INT8) within roughly a 3W power envelope. It stores neural-network weights as analog values directly in flash memory and performs matrix multiplication in the analog domain, eliminating most data movement between memory and compute. Targeted at video analytics, machine vision, and other power- and latency-constrained edge applications, it can be combined across multiple chips for larger models.
Mythic's next-generation compute platform, advancing its analog compute-in-memory architecture toward higher performance and broader model support. Following Mythic's May 2026 acquisition of European processor-IP firm Videantis, the roadmap pairs Mythic's analog matrix compute with Videantis' digital processor IP into a hybrid platform aimed at delivering a large energy-efficiency advantage over GPUs for edge generative-AI and vision workloads.
10 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.