Mythic - About the company
Mythic is a series D company based in Austin (United States), founded in 2012. 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 129 active competitors, including 48 funded and 13 that have exited. Its top competitors include companies like Ambarella, Graphcore Systems and Celestial AI.
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
- 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 May 11, 2021
Ranked
13th among 129 active competitors
Employee Count
84 as on Jun 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 |
|---|---|---|---|---|
MYTHICS, INC. CIN: 541987871 , United States, Active | Dec 31, 2011 | - | 394 (As on Dec 31, 2024) | - |
MYTHIC INC CIN: 471012224 , United States, Active | Dec 31, 1999 | - | 13 (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
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 17, 2025 | 1301946 | Series D | 3834716 | 6272452 | 4429008 | 5308597 |
Mar 09, 2023 | 9353479 | Series C | 5307428 | 3705895 | 7309070 | 4413318 |
May 11, 2021 | 9459655 | Series C | 3823030 | 7741567 |
View details of Mythic's funding rounds and investors
Mythic's founders and board of directors
Founder? Claim ProfileMythic's employee count trend
Mythic has 84 employees as of Jun 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 Celestial AI. 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 | Celestial AI 2020, Santa Clara (United States), Acquired | Developer of optical interconnect technology for artificial intelligence infrastructure systems | $589M | 66/100 | |
4th | SambaNova Systems 2017, Palo Alto (United States), Series F | Provider of AI-powered software and hardware | $2.48B | 65/100 | |
5th | Fractile 2022, London (United Kingdom), Series B | Developer of AI chips for running large AI models | $260M | 64/100 | |
6th | Provider of neural learning processors for edge AI applications | $340M | 63/100 | ||
7th | EdgeCortix 2019, Chuo (Japan), Series B | Developer of energy-efficient AI processors, accelerators, modules, cards, and systems | $138M | 63/100 | |
8th | Kinara AI 2014, Los Altos (United States), Acquired | Providers of AI-based edge processor | $54M | 63/100 | |
9th | Developer of AI chips, software, and intelligent processing solutions | $100M | 61/100 | ||
10th | Syntiant 2017, Irvine (United States), Series C | Provider of neural processing units for edge computing applications | $121M | 60/100 | |
13th | Mythic 2012, Austin (United States), Series D | Developer of analog compute-in-memory solutions for artificial intelligence inference acceleration | $266M | 59/100 |
Looking for more details on Mythic's competitors? Click here to see the top ones
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
Media has covered Mythic for a total of 6 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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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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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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MatrixSpace Raises $10.1M in FundingFinSMEs•Aug 15, 2022•MatrixSpace, Cyxtera, ON Semiconductor, Sierra Wireless and 1 other
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