# Mythic

**Source:** https://www.startuphub.ai/startups/mythic
**Profile type:** Startup

> Develops AI chips for edge computing, enabling AI processing on devices.

## About

Mythic is a high-performance analog computing company developing power-efficient analog processing units (APUs) for edge AI. Their compute-in-memory architecture eliminates memory bottlenecks, enabling order-of-magnitude improvements in energy efficiency, cost, and performance for AI inference. Mythic serves markets including smarter cities, intelligent machines, robotics, smart homes, AR/VR, drones, aerospace, data centers, automotive, and defense.

## Key facts

- **Slug:** mythic
- **Website:** https://www.mythic.ai/
- **Location:** Sunnyvale, United States
- **Founded:** 2016-06-01
- **Employees:** 80
- **Operating status:** Active
- **Total funding:** $121M
- **Sectors / tags:** AI Chip, AI Hardware, Edge AI, On-Device AI, Neuromorphic Computing, Robotics, Autonomous Systems, Semiconductor, Chip Design
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/mythic-ai
  - Twitter: https://twitter.com/mythicinc
  - Facebook: https://www.facebook.com/mythicinc

## Frequently asked

### What does Mythic do?

Mythic is a high-performance analog computing company developing power-efficient analog processing units (APUs) for edge AI. Their compute-in-memory architecture eliminates memory bottlenecks, enabling order-of-magnitude improvements in energy efficiency, cost, and performance for AI inference. Mythic serves markets including smarter cities, intelligent machines, robotics, smart homes, AR/VR, drones, aerospace, data centers, automotive, and defense.

### What is Mythic's revenue?

StartupHub estimates Mythic's annual revenue at $14.4M (range $7.8M to $39.8M, 65% confidence), based on comparable companies in the sector.

### What is Mythic's valuation?

StartupHub estimates Mythic's effective valuation at $467.5M (range $303.3M to $727.8M, 10% confidence), based on comparable companies in the sector.

### How much funding has Mythic raised?

Mythic has raised a total of $121M in funding.

### Where is Mythic headquartered?

Mythic is headquartered in Sunnyvale, United States.

### When was Mythic founded?

Mythic was founded in 2016.

### What industry does Mythic operate in?

Mythic operates in AI Chip, AI Hardware, Edge AI, On-Device AI, Neuromorphic Computing, Robotics.

### How many employees does Mythic have?

Mythic has approximately 80 people on record.

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