MemryX

About MemryX

MemryX is a company focused on delivering revolutionary Edge AI solutions through innovative AI chips that bring server-level performance to edge devices. Their technology aims to provide high performance with low power consumption (often less than 10% of traditional GPUs) and simplified software integration, addressing the challenges of real-time processing and actionable insights in various markets.

Products & Services

MX3 Edge Accelerator:An AI accelerator designed for edge devices to enhance AI processing capabilities.

MX3 M.2 Accelerator:A module offering seamless AI processing via a PCIe interface, noted for ease of use and effective hardware/software integration.

Form Factors:Various hardware configurations for MemryX AI solutions to fit different systems.

Specialties

Edge AI processing Low-power AI inference At-memory computing Dataflow architecture AI software simplification

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Series B T: - FT: Series B	A: 44000000 MR: - FA: $44 million FAN: 44000000	D: 2025-03-27 FD: 2025-03-27	5 investors

Series B Latest

2025-03-27

$44.0M

5 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

Unlock All Metrics

Mock Up

Team & Leadership

K

Keith Kressin

President & CEO

D

Dr. Wei Lu

CTO & Co-Founder

R

Roger Peene

VP of Product & Business Development

P

Puneet Singh

VP of Engineering

R

Rick Bolander

Co-Founder & Managing Director at eLab Ventures

D

Dr. Daniel Franke

M Ventures

View 4 more team members with Pro

Unlock Full Team Directory

Recent News

MemryX Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised