Mythic

Mythic designs analog in-memory-compute chips for low-power edge inference, having survived a near-shutdown in 2023 before restructuring and raising fresh capital to continue development. It targets defense, industrial, and edge-vision customers. Mythic's M1076 analog compute engine shipped to select customers in limited volumes as of 2025, following its 2023 near-collapse and relaunch. Mythic raised an oversubscribed $125M round led by DCVC in December 2025 with NEA, Future Ventures, SoftBank, Honda and Lockheed Martin participating, and acquired European processor-IP company Videantis in May 2026.

Ecosystem functionAnalog in-memory-compute pioneer, a cautionary and resilience story in the edge-inference graveyard/comeback category.

Business modelSells analog in-memory edge inference chips