Compute-in-memory chip startup Mythic raises $125 million to…

Team S · 2025-12-31T11:18:40.000Z

Mythic Inc., a compute-in-memory semiconductor startup developing analog AI processors that combine memory and computation on a single die, has closed a $125 million funding round led by DCVC to fuel its next phase of growth as the company targets major performance and efficiency gains in artificial intelligence inference workloads. The capital brings Mythic’s total outside funding to more than $175 million and underscores strong investor confidence in its differentiated architecture. Unlike traditional digital processors that separate memory and compute, Mythic’s compute-in-memory architecture enables many AI model operations to be performed directly within memory circuits, reducing data transfer overhead and improving energy efficiency a key advantage for power-constrained applications. The company says its analog processing units can deliver large improvements in performance-per-watt compared with conventional graphics processors. The Series D-style financing was co-led by DCVC (Data Collective), with participation from prominent global backers including New Enterprise Associates (NEA), SoftBank KR, Honda Motor Co., Atreides Management, Future Ventures, S3 Ventures, Linse Capital, One Madison Group and Catapult Capital reflecting a broad coalition of venture, corporate and technology investors interested in next-generation AI hardware platforms. Led by CEO Taner Ozcelik, a former Nvidia veteran, Mythic is positioning its analog compute architecture to support efficient AI workloads across edge and data-center settings, targeting both latency-sensitive and power-efficient use cases where traditional GPU-based systems struggle. #AI #Semiconductors #chipfunding #hardware #Mythic #DCVC #AIInference #AnalogCompute #venturecapital

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Compute-in-memory chip startup Mythic raises $125 million to… | Newnex