MemryX, a pioneer in Edge AI semiconductor technology, has successfully closed a $44 million Series B funding round, marking a significant milestone in its mission to revolutionize edge computing. The round attracted support from both new and existing investors, reinforcing industry confidence in the company’s vision and product roadmap.
Next-Gen Edge AI Performance
Central to MemryX’s growth is its flagship MX3 AI Accelerator, now officially production-ready. This chip delivers state-of-the-art performance for vision-based inference applications while consuming less than 10% of the energy used by traditional GPUs. With its software-centric design, the MX3 stands out for its efficiency, scalability, and versatility.
Already, a diverse array of customers—including those developing AI-enabled Video Management Systems (VMS), edge servers, and industrial PCs—are integrating the MX3 into their commercial solutions. The chip’s wide adoption is a testament to its real-world capability and engineering excellence.
Looking Ahead: The MX4 Accelerator
With Series B funding secured, MemryX is now gearing up to finalize the design of the MX4 Accelerator, its next-generation edge AI chip. This advancement will build on the MX3’s foundation, leveraging the company’s robust software stack to deliver even more powerful and efficient AI processing at the edge.
“Our software-first architecture has enabled us to remain highly capital efficient while supporting dozens of customers with a reliable and scalable AI platform,” stated Keith Kressin, CEO of MemryX. “This funding empowers us to scale our MX3 production and bring the game-changing MX4 to life.”
MemryX Developer Hub & Public Tools
Developers and engineers can access a suite of software tools and performance benchmarks through the MemryX Developer Hub. These resources cover hundreds of AI models, offering insights and optimization guidance for building high-performance applications at the edge.
MemryX’s commitment to transparency and developer engagement continues to set it apart in the AI hardware space, fostering innovation and adoption across industries.
Industry Presence at ISC West 2025
MemryX will be showcasing its cutting-edge technologies at ISC West 2025 in Las Vegas from April 2–4. Attendees will have the opportunity to explore live demos, meet hardware partners, and gain deeper insights into how MemryX is shaping the future of Edge AI computing.
For those interested in the broader implications of edge AI in securing digital environments, Straiker’s emergence with $21M to protect enterprise AI offers a compelling parallel to MemryX’s mission of building smarter, more secure AI infrastructure at scale.
Driving the Future of Edge Intelligence
As industries demand faster, more energy-efficient AI solutions outside the cloud, MemryX is well-positioned to lead the transition to decentralized processing. With the MX3 already making waves and the MX4 on the horizon, the company represents a pivotal force in the evolution of artificial intelligence at the edge.
