Born out of the Integrated Circuits Lab at the University of Michigan, Mythic has developed a local AI platform, comprised of both hardware and software, that turns devices into secure and trusted intelligent assistants. Unlike traditional cloud-based AI solutions, Mythic leverages local AI to enable consumer electronics, wearable and security and monitoring manufacturers to deliver the availability, responsiveness, seamless integration and uncompromised privacy that consumers demand.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 03/22/17 | $9,000,000 | Series A |
AME Cloud Ventures Data Collective DFJ  Lux Capital | undisclosed |
| 03/20/18 | $40,000,000 | Series B |
AME Cloud Ventures Andy Bechtolsheim Data Collective DFJ Lockheed Martin Ventures Lux Capital SoftBank Ventures | undisclosed |
| 06/13/19 | $30,000,000 | Series B-1 |
AME Cloud Ventures Atreides Capital DCVC Future Ventures LAM Research Lockheed Martin Ventures Lux Capital Micron Ventures SoftBank Ventures Asia Threshold Ventures Valor Equity Partners | undisclosed |
| 03/09/23 | $13,000,000 | Venture |
Atreides Management Catapult Ventures DCVC Hermann Companies Lux Capital | undisclosed |
