MemryX raises USD 44 million Series B for MX3 and MX4
MemryX raised USD 44 million in Series B financing to scale MX3 production and complete the design of its next-generation MX4 accelerator.
Evidence notes
- The round received support from new and existing investors.
- Capital was allocated to ramping production of the MX3 accelerator.
- The financing also supported completion of the MX4 design.
Company context
MemryX develops edge-AI accelerator chips and modules for low-power inference in embedded systems, servers and multi-camera deployments.