Mythic - About the company
Mythic is a series D company based in Austin (United States), founded in 2012 by Dave Fick. It operates as a Developer of analog compute-in-memory solutions for artificial intelligence inference acceleration. Mythic has raised $266M in funding from investors like DCVC, Lux Capital and AME Cloud Ventures, with a current valuation of $*****. The company has 166 active competitors, including 51 funded and 14 that have exited. Its top competitors include companies like Ambarella, Graphcore Systems and DarkVision.
Company Details
Developer of analog compute-in-memory solutions for artificial intelligence inference acceleration. The company provides processors and cards designed for power-efficient AI at the edge. Its technology aims to eliminate memory bottlenecks, enabling new AI applications. The products target sectors including robotics, security, and consumer devices.
- Website
- mythic.ai
- Social
- Email ID
- *****@mythic-ai.com
- Phone Number
- +1 **********
- Registered Address
- Austin, Texas
Key Metrics
Founded Year
2012
Location
Austin, United States
Stage
Series D
Total Funding
$266M in 9 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 17, 2025
Ranked
14th among 166 active competitors
Employee Count
108 as on Sep 30, 2026
Investment & Acquisitions
Legal entities associated with Mythic
Mythic is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MYTHIC INC CIN: 471012224 , United States, Active | Dec 31, 1999 | - | 13 (As on Dec 31, 2024) | - |
MYTHICS, INC. CIN: 541987871 , United States, Active | Dec 31, 2011 | - | 394 (As on Dec 31, 2024) | - |
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Mythic's funding and investors
Mythic has raised a total funding of $266M over 9 rounds. Its first funding round was on Jan 01, 2015. Its latest funding round was a Series D round on Dec 17, 2025 for $*****. 12 investors participated in its latest round. Mythic has 28 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Mythic:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 17, 2025 | 6764552 | Series D | 8686366 | 4025280 | 2720121 | 6519043 |
Mar 09, 2023 | 3020130 | Series C | 4204356 | 2320494 | 3101751 | 7092766 |
May 11, 2021 | 9103520 | Series C | 8144352 | 4158946 |
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Mythic's founders and board of directors
Founder? Claim ProfileThe founders of Mythic is Dave Fick.
Here are the details of Mythic's key team members:
- Dave Fick: CTO & Co-Founder of Mythic.
View details of Mythic's Founder profiles and Board Members
Mythic's employee count trend
Mythic has 108 employees as of Sep 26. Here is Mythic's employee count trend over the years:
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Mythic's Competitors and alternates
Top competitors of Mythic include Ambarella, Graphcore Systems and DarkVision. Here is the list of Top 10 competitors of Mythic, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ambarella 2004, Santa Clara (United States), Public | Manufacturer of AI-enabled image processors | $15.4M | 69/100 | |
2nd | Graphcore Systems 2016, Bristol (United Kingdom), Acquired | Manufacturer of hardware and software for machine learning processing tasks | $742M | 68/100 | |
3rd |  DarkVision 2013, North Vancouver (Canada), Acquired | Developer of acoustic imaging technology for industrial asset inspection applications | $5.5M | 68/100 | |
4th | Provider of neural learning processors for edge AI applications | $340M | 68/100 | ||
5th |  Celestial AI 2020, Santa Clara (United States), Acquired | Developer of optical interconnect technology for artificial intelligence infrastructure systems | $589M | 66/100 | |
6th |  EdgeCortix 2019, Chuo (Japan), Series B | Developer of energy-efficient AI processors, accelerators, modules, cards, and systems | $138M | 66/100 | |
7th | SambaNova Systems 2017, Palo Alto (United States), Series F | Provider of AI-powered software and hardware | $2.48B | 65/100 | |
8th |  Fractile 2022, London (United Kingdom), Series B | Developer of AI chips for running large AI models | $260M | 64/100 | |
9th |  Kinara AI 2014, Los Altos (United States), Acquired | Providers of AI-based edge processor | $54M | 63/100 | |
10th | Manufacturer of intelligent edge system on chip hardware for processing | $13M | 62/100 | ||
14th |  Mythic 2012, Austin (United States), Series D | Developer of analog compute-in-memory solutions for artificial intelligence inference acceleration | $266M | 62/100 |
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Mythic's Investments and acquisitions
Mythic has acquired Videantis. Mythic has not made any investments as of now.Reports related to Mythic
Here is the latest report on Mythic's sector:
News related to Mythic
Filter this listMedia has covered Mythic for a total of 8 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
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Mythic AI Inaugurates Bengaluru Centre, Aims to Quadruple India Team by Q1 2027CyberMedia India Online•Sep 28, 2026•Mythic
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Buzz Semicon Mythic Partners with Microchip’s SST for Neuromorphic AI HardwareElectronicsforyou•Mar 19, 2026•Microchip Technology, Mythic, Silicon Storage Technology
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Honda and Mythic Announce Joint Development of 100x Energy-Efficient Analog AI Chip for Next-Generation VehiclesBusiness Wire•Feb 06, 2026•Mythic
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Mythic Rises from the Ashes with $125 Million Funding RoundEE times•Jan 15, 2026•Mythic, Lockheed Martin, Honda, DCVC
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Mythic raises $125M for compute-in-memory chips led by DCVC, joined by NEA, Softbank KR and Honda Motor Co.SiliconAngle•Dec 18, 2025•Nea, SoftBank, DCVC, Mythic and 15 others
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AI chip startup Mythic rises from the ashes with $13M, new CEOTechCrunch+•Mar 09, 2023•Mythic, Atreides Management, DCVC, Lux Capital and 6 others
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