MemryX Inc. is a fabless semiconductor company that specializes in edge AI processing solutions, leveraging proprietary compute-at-memory technology and a unique dataflow architecture. Founded in 2019 by Dr. Wei Lu, the company aims to accelerate Edge AI by providing efficient, scalable solutions that are easy to deploy. Their flagship products, including the MX3 Edge Accelerator, are designed to meet the growing demand for real-time processing in various industries such as video management, industrial automation, and smart vision. With a focus on high performance and low power consumption, MemryX is positioned to disrupt traditional computing paradigms, particularly in edge devices, and is preparing for volume shipments in 2024.

Ann Arbor, MI, USA

MemryX

Artificial intelligence

Information technology

Edge computing

Machine learning

eLab Ventures was founded by a team of passionate entrepreneurs and investors with successful track records in venture capital and creating disruptive startups. Located strategically in both Ann Arbor and Silicon Valley, eLab's mission is to improve the entrepreneurial ecosystem by bridging valuable but scarce resources from the Valley to local entrepreneurs in the Midwest and other emerging ecosystems. Unlike an incubator or accelerator, eLab is a full venture capital fund that can support a startup beyond the seed round and all the way through to final liquidity. eLab also provides formal training in entrepreneurship and shared resources to improve capital efficiency for young companies.

Michigan eLab Investment Co LLC

eLab Ventures

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