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MemryX Raises $44M to Scale Edge AI and Develop MX4 - HostingJournalist.com

Summary by Hosting Journalist.com
MemryX, a developer of advanced Edge AI semiconductor solutions, has announced the successful closure of a $44 million Series B funding round. The investment was backed by both existing stakeholders and new investors, signaling strong market confidence in the companys vision and technology roadmap.The new capital will support the scaling of MemryXs current flagship product, the MX3 AI accelerator, and fund the final design stages of its forthcom…
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MemryX Raises $44M to Scale Edge AI and Develop MX4 - HostingJournalist.com

MemryX, a developer of advanced Edge AI semiconductor solutions, has announced the successful closure of a $44 million Series B funding round. The investment was backed by both existing stakeholders and new investors, signaling strong market confidence in the companys vision and technology roadmap.The new capital will support the scaling of MemryXs current flagship product, the MX3 AI accelerator, and fund the final design stages of its forthcom…

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Hosting Journalist.com broke the news in on Monday, March 31, 2025.
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