MemryX Inc. logo — Simple and Scalable Edge AI

MemryX Inc.

Simple and Scalable Edge AI

Founded 2019 United States Ann Arbor, United States 50 employees Series B Total: $52.00M AI, Information Technology

General Information

Company Name MemryX Inc.
Founded Year 2019
Location United States Ann Arbor, United States
Employees 50
Industries AI, Information Technology
Funding Stage Series B
Business Model B2B, D2C, API
Revenue Model Product Sales, Licensing, Usage Based
Social

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About MemryX Inc.

MemryX Inc., embodying the slogan "Simple and Scalable Edge AI," is a promising AI chip startup established in 2019. Headquartered in the United States, with additional branches in Taipei and Hsinchun, Taiwan, the company specializes in producing AI accelerator chips that deliver server-like performance and accuracy, yet at low power and cost. These chips are especially conducive for Edge AI applications such as autonomous driving, robotics, and machine vision.

Positioned within the AI and Information Technology industries, MemryX recently secured a notable investment of $44.00M Series B on 01 March 2025, led by the NEOM Investment Fund (NIF). This venture capital support positions the company favorably for expansion and technological advancements. MemryX also offers robust career prospects for both new graduates and seasoned engineers, fostering a dynamic and collaborative work culture.

Taxonomy: Edge AI, AI accelerator chips, Autonomous driving, Robotics, Machine vision, Compute-at-memory technology, Dataflow architecture, Low power AI solutions, Fabless semiconductor, IoT applications, Transportation industry, Industrial applications, Consumer applications, ASIC design, Low cost AI solutions

Services & Products

AI Accelerator Modules
Edge AI Application Deployment
AI Model Integration

Target Customers

Developers Edge AI Product Designers Data Center Operators Video Management System Companies

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $44.00M 1
NEOM Investment Fund (NIF)
01 Mar 2025
Series A $8.00M 6
eLab Ventures, HarbourVest Partners +4
01 Jan 2023
Series A Undisclosed 3
eLab Ventures, HarbourVest Partners +1
01 May 2021
Spinout Undisclosed -
01 Apr 2019

MemryX Inc. Alternatives & Competitors

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FAQ About MemryX Inc.

Simple and Scalable Edge AI
MemryX Inc. was founded in 2019.
MemryX Inc. is headquartered in Ann Arbor, United States.
MemryX Inc. operates in AI and Information Technology. Its work centres on Edge AI, AI accelerator chips, Autonomous driving and Robotics. Its customers include Developers, Edge AI Product Designers and Data Center Operators.
MemryX Inc. has a B2B, D2C and API business model. Its revenue comes from Product Sales, Licensing and Usage Based.
MemryX Inc. has approximately 50 employees.
MemryX Inc. has completed 4 funding rounds, raising a total of $52.00M. The latest funding stage is Series B.
MemryX Inc. offers: AI Accelerator Modules, Edge AI Application Deployment, AI Model Integration.
Top alternatives and competitors to MemryX Inc. include POLYN Technology, JIMU Intelligent, Pipeshift (YC S24), Dedomena.AI, Monster API. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MemryX Inc. and POLYN Technology are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for MemryX Inc., https://bouncewatch.com/company/memryx-inc, updated 7 February 2026. When citing, please name BounceWatch and link this page.

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