Mythic Raises $70 Million In Series C Funding Led By Blackrock And Hewlett Packard Enterprise
Amount Raised
$70 Million
Round Type
Series C
Description
Mythic, the pioneering analog AI processor company with breakthrough analog compute-in-memory technology, today announced $70 million in Series C funding led by BlackRock and Hewlett Packard Enterprise (HPE). The Series C round brings Mythic's total funding to $165.2 million. Mythic will use the new funding to accelerate plans for mass production of its groundbreaking AI inference solutions and increase support for the company's growing customer base, which spans across APAC, Europe and the U.S. Mythic will also use the money raised to develop its next generation hardware platform and build out its software portfolio.
Quick answer
MYTHIC raised $70 Million in a Series C round, dated May 11, 2021. MYTHIC is based in Round Rock, Texas, United States.
- How much did MYTHIC raise?
- MYTHIC raised $70 Million in a Series C round on May 11, 2021.
- What does MYTHIC do?
- Mythic is ushering in a new era of accelerated computing with its Analog Processing Units (APUs)—a fundamentally different approach to AI inference that collapses compute and memory into a single plane.
- Where is MYTHIC based and how big is it?
- MYTHIC is based in Round Rock, Texas, United States.
- Who are the decision-makers at MYTHIC?
- Fundz holds 2 contacts at MYTHIC, including the Director, AI Engineering. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware around the same time
Companies in the same sectors as MYTHIC that raised within 45 days of this round, from Fundz verified event records.
- Canadian Solar raised $54M (Funding Round) on June 24, 2021.
- Meshplusplus, Inc. raised $2M (Seed) on June 21, 2021.
- Cyemptive Technologies, Inc. raised $1.3M (Seed) on June 17, 2021.
- Phishcloud, Inc. raised $300K (Seed) on June 17, 2021.
- Nymbus raised $5M (Funding Round) on June 15, 2021.
- Crexendo raised $19M on June 10, 2021.
Who to call at MYTHIC, and when
A new round usually means MYTHIC is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day MYTHIC raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at MYTHIC, from your own LinkedIn network
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Fundz sees it the moment MYTHIC raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
MYTHIC raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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