MemryX Inc.

MemryX Inc.

Private
Ann Arbor, MichiganFrontier & Industrial Techhttps://memryx.com

Last Round

Series B

Mar 27, 2025

Total Funding Raised

$44M

Company Overview

MemryX Inc. is an application specific semiconductors company that develops edge AI chips intended to enhance processing capabilities in embedded systems.

Sector

Frontier & Industrial Tech

Verticals

Semiconductors, Edge Computing, Computer Vision, Smart Manufacturing, Autonomous Vehicles

Business Model

B2B

Customer Profile

Hardware Sales

AI Layer

Infrastructure

Keywords

AI acceleratorAI chipedge AIAI inferencefabless semiconductoredge computingcomputer visionAI co-processorlow-power AIvision processorVPUneural network acceleratorembedded systemssoftware development kitSDKcompute-at-memoryindustrial automation

Historical Pricing

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MemryX Inc. Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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MemryX Inc. Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series BMar 27, 2025
Series AMay 12, 2021

Key People

Founding team and executive leadership

Neil Weintraut

Founding CFO

Founding Team

MemryX Inc. Investors

Notable investors and investment history

InvestorRounds
eLab VenturesSeries A, Series B
ARM IoT CapitalSeries A, Series B
M VenturesSeries A, Series B
University of MichiganSeries A
HarbourVest PartnersSeries B
eLab VenturesSeries B
NEOM Investment FundSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 18, 2026

    M Series Edge Safety Assistant now uses MemryX AI accelerators.

  • Jan 9, 2026

    Partnered with BIOSTAR to integrate AI accelerator into industrial system.

MemryX Inc. Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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MemryX Inc. Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersAnn Arbor, Michigan
Employee Range51
Year Founded2019
Last FundingMar 27, 2025

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