Mythic adds $30m to series B story

Jun 14, 2019 • Callum Cyrus

SoftBank, Lam Research, Lockheed Martin and Micron all featured in Mythic's $30m series B1 round, which brought the AI microchip maker's total series B intake to $70m.

US-based artificial intelligence chipmaker Mythic collected $30m yesterday in a series B1 round involving semiconductor supplier Lam Research, aerospace manufacturer Lockheed Martin, data storage technology provider Micron and telecommunications firm SoftBank.

The round, which brought Mythic’s overall series B funding to $70m, was led by investment firm Valor Equity Partners and also backed by Future Ventures, Atreides Capital, Lux Capital, Data Collective, AME Cloud Ventures and Threshold Ventures, an offshoot of venture capital firm DFJ.

SoftBank invested through its SoftBank…

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