MemryX

Ann Arbor, MI · Founded 2019 · Privately Held (backing)

Developer of artificial intelligence accelerators designed for edge and data center inference operating in the semiconductor industry. MemryX is based in Ann Arbor, MI and was founded in 2019. Its last reported valuation was $136 million in Mar 2025. It has raised $63 million.

Last reported valuation
$136.0M
Oct 2026
Priced at
—
Total raised
$63.0M
Last round
—

MemryX key facts

as of Oct 2026
  • Developer of artificial intelligence accelerators designed for edge and data center inference operating in the semiconductor industry.
  • MemryX is valued at approximately $136.0M as of Oct 2026 (last reported valuation).
  • It has raised $63.0M; the latest was Later Stage VC ($44.0M) in Mar 2025.
  • Notable investors include M Ventures, Innovation Partnerships, HarbourVest Partners, University of Michigan, University of Michigan Endowment — 10 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$136.0M

MemryX's last reported valuation, Mar 2025. Nothing priced has surfaced since.

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MemryX funding rounds

No rounds on record

No funding rounds for MemryX are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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MemryX valuation

MemryX's last reported valuation was $136 million in Mar 2025. No priced round, secondary trade or fund mark has surfaced since.

MemryX investors

10 investors are on record for MemryX, including M Ventures, Innovation Partnerships, HarbourVest Partners and University of Michigan.

About MemryX

Developer of artificial intelligence accelerators designed for edge and data center inference operating in the semiconductor industry. The company offers accelerator modules based on a proprietary at-memory compute architecture integrated through Peripheral Component Interconnect Express and Universal Serial Bus interfaces, and develops next-generation chips using three-dimensional hybrid bonding memory for data center deployment, enabling customers to perform low-latency and energy-efficient artificial intelligence processing from edge devices to cloud infrastructure.

Sector
Information Technology
HQ
Ann Arbor, MI, United States
Founded
2019
Employees
45
Ownership
Privately Held (backing)

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