Austin, United States
Mythic, with the slogan "Pioneering Analog Compute for AI," is a technology venture that has been making significant strides in the artificial intelligence sector since its founding in 2012 by Mike Henry and Dave Fick. Operating out of Austin, TX and Redwood City, CA, the company is pioneering a distinctive analog compute-in-memory technology that offers unparalleled enhancements in power, cost efficiency, and performance, thus addressing some of the key limitations faced by AI deployment.
Positioned within the AI, Computer Vision, and Machine Learning industries, Mythic aims to simplify and reduce the cost of implementing powerful AI solutions, ranging from data centers to edge devices. The firm recently garnered a significant $125.00M Late VC investment as of 01 December 2025, with backing from notable investors such as Future Ventures, DCVC, S3 Ventures, Linse Capital, SoftBank, and others. These investments highlight strong market confidence in Mythic's potential to reshape the AI landscape.
