Our mission

Accelerate edge AI with a solution that is highly efficient, scalable, and simple to deploy and support.

Dr. Wei Lu, Co-founder and CTO of MemryX

The future of computing requires design focus be placed on the efficient movement of data. By jointly architecting a hardware and software solution from the ground up for dataflow-centric AI, we can quickly ramp Edge and make intelligent devices more pervasive in our everyday lives.

Dr. Wei Lu
Co-founder, MemryX
What defines us

Four decisions the company is built on

//01

Research origin

Co-founded by Dr. Wei Lu, IEEE Fellow and professor at the University of Michigan since 2005 — a leading figure in memory devices and in-memory computing.

//02

At-memory dataflow

Weights live on the accelerator. Removing external DRAM removes the power, cost and latency that memory movement adds to every inference.

//03

Software that deploys

The compiler maps trained models onto the fabric directly — no retraining, no quantization step, no model zoo to work around.

//04

One architecture, many generations

MX1 and MX2 proved the core. MX3 ships today. MX3+ and MX4 scale the same fabric — without asking customers to rewrite anything.

How we got here

From a Michigan lab to volume silicon

MemryX was co-founded in 2019 by Dr. Wei Lu, an IEEE Fellow and Professor of Electrical Engineering at the University of Michigan since 2005, and a highly influential expert in memory devices, neuromorphic computing and in-memory computing systems.

Dr. Lu and a small team at Michigan understood that the future of computing depended on the ability to scale and ramp dedicated AI accelerators across a large and diverse embedded market. The team set out to build a fundamental core architecture for edge AI with high flexibility and reconfigurability.

The result was a forward-looking design with dual priorities: minimise data movement, and ship software that is practical to deploy and scalable enough to support hardware generations that had not been designed yet.

That core architecture was proven and optimised across two internal generations before a single product shipped — and it is the same fabric running inside every MX3 accelerator today.

2019

MemryX founded

Co-founded in Ann Arbor by Dr. Wei Lu around an at-memory dataflow architecture for edge inference.

2020–2022

MX1 and MX2

First and second generation hardware and software used for internal prototyping — proving and optimising the core architecture.

2023

MX3 brought up

Third-generation silicon on 12 nm, with the compiler and runtime that make it deployable without retraining.

2024

Into production

MemryX transitions to production and begins volume shipments of the MX3.

2025

Recognised in the field

Edge AI & Vision Alliance Product of the Year, with the Cascade module family shipping across four form factors.

Leadership

Proven semiconductor leadership

Built by people from Nvidia, Onsemi, Qualcomm, IBM and the University of Michigan.

Ross Jatou
Ross Jatou
President & CEO
25+ years of semiconductor leadership. Former VP of Engineering at Nvidia leading AI, enterprise, automotive and embedded development, and SVP/GM at Onsemi for sensors and processors. 15 years at Nvidia, 8 at Onsemi, 2 at IBM.
Dr. Wei Lu
Dr. Wei Lu
CTO & Co-Founder
Professor in the EECS department at the University of Michigan since 2005 and an IEEE Fellow. Co-founded MemryX in 2019 and defines the company’s product architecture. Previously co-founded Crossbar Inc, a resistive RRAM technology company.
Dr. Mohammed Zidan
Dr. Mohammed Zidan
VP of Architecture
Expertise in accelerator architectures, AI systems and memory-centric computing. Led hardware/software co-design of the MemryX NPU architectures. Widely published, with 17 granted US patents. Ph.D. EE, KAUST.
Joe Faris
Joe Faris
VP of Sales & Marketing
20+ years of semiconductor and vision-systems leadership. Global technical business development leader at Mythic and Luminar, advising CEOs on customer acquisition and market execution. 10 years scaling Tier 1 and OEM business at Onsemi and Intel.
Governance

Board of Directors

Investors and founders steering the company through production and scale.

Rick Bolander
eLab Ventures
Representing Series Seed investors. Co-founder and Managing Director at eLab Ventures; a venture investor since 1994 with more than 50 deals and over $100M led in early-stage financings.
Sebastian Schoefer
M Ventures
Representing Series A investors.
Charlie Talcott
Osparie
Representing Series B investors.
Dr. Wei Lu
MemryX
Co-Founder and CTO. Professor at the University of Michigan and an IEEE Fellow.
Ross Jatou
MemryX
President and Chief Executive Officer.
Technical advisory committee

The people we pressure-test with

Architecture, silicon and machine-learning specialists who review where the technology is going.

Pat Moorhead
Moor Insights & Strategy
Founder and Chief Analyst; previously Corporate Vice President at AMD. Covers silicon, AI infrastructure and the semiconductor market.
Jem Davies
Formerly Arm
Arm Fellow and former General Manager of the Machine Learning group, previously leading GPU and media processing.
Onur Mutlu
ETH Zürich
Professor of Computer Science, previously Carnegie Mellon. Works on memory systems, processing-in-memory and computer architecture.
Guy Lemieux
University of British Columbia
Professor of Electrical and Computer Engineering and founder of VectorBlox Computing, working on reconfigurable and vector processing.
Proof

Independently reviewed

Not our claims — theirs. Five independent labs, reviewers and publications put the MX3 through its paces.

“… the 1st AI accelerator we’ve encountered for which both the hardware and the software just works … exceptionally easy to use while providing good performance and consuming little power.”

Independent benchmarking evaluation

“It’s a low-power, high-efficiency workhorse … it integrates seamlessly into existing systems — bringing massive AI capability without the usual hardware overhaul.”

Hardware review

“When it comes to edge AI, the MX3 M.2 AI Accelerator Module punches way above its weight — literally.”

Hands-on module test

“I tested a lot of NPU accelerators. And in my opinion this one [MemryX] is the most convenient one.”

Anton Maltsev, Cherry Labs

“When compared to other AI flows, MemryX finished the crossing line in first place …”

Community build review

Work with us.

Collaborating on a design, evaluating the MX3, or looking for a role — tell us what you need.

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