The funding round brings the total raised by MemryX to around $63 million.
Company Description
MemryX designs AI accelerator chips for autonomous vehicles, robotics, industrial automation, IoT devices, drones, and healthcare equipment. The company provides various software tools for developers, including hundreds of AI models available on its MemryX Developer Hub platform.
Market
Edge AI applications
Location
USA
Coinvestors
Innovation Partnerships, Arm IoT Capital, HarbourVest Partners, eLab Ventures, Hemi Ventures