Company

OUR MISSION

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

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

The principles behind how we build.

//01

Rethink the fundamentals

We started by questioning the assumptions behind conventional AI compute. That same mindset continues to shape how we approach architecture, products, and the problems that come next.

//02

Efficiency by design

Efficiency isn’t an optimization we add later. It begins with the architecture—reducing unnecessary data movement and putting resources toward the work that matters.

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Complex technology, made usable

Advanced hardware only matters if people can build with it. We pair purpose-built silicon with software, tools, documentation, and support designed to make AI acceleration straightforward to adopt.

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Build for what comes next

AI is evolving quickly. We build technology with room to grow—across models, workloads, products, and generations—so customers can invest in MemryX with the future in mind.

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 a new at-memory dataflow architecture for AI inference.

2021


MX1

First-generation silicon used to validate the core MemryX architecture and software foundation.

2023


MX2

Second-generation hardware expanded the architecture and helped mature the compiler, runtime, and system-level design.

2025


MX3

Third-generation production silicon brought MemryX to market with efficient, scalable AI inference across the Cascade product family.

2026


Recognized in the field

MemryX gains broader industry recognition for efficient AI inference, including the 2025 Edge AI and Vision Product of the Year Award and growing deployment across multiple Cascade form factors.

Leadership

Proven semiconductor leadership

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

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

Co-Founder & CTO

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

VP, 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

VP, 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.

Ross Jatou

President and Chief Executive Officer.

Dr. Wei Lu

Co-Founder and CTO. Professor at the University of Michigan and an IEEE Fellow.

Sebastian Schoefer

Representing Series A investors.

Charlie Talcott

Representing Series B investors.

Rick Bolander

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.

Technical advisory committee

The people we pressure-test with

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

Pat Moorhead

Founder and Chief Analyst; previously Corporate Vice President at AMD. Covers silicon, AI infrastructure and the semiconductor market.

Jem Davies

Arm Fellow and former General Manager of the Machine Learning group, previously leading GPU and media processing.

Onur Mutlu

Professor of Computer Science, previously Carnegie Mellon. Works on memory systems, processing-in-memory and computer architecture.

Guy Lemieux

Professor of Electrical and Computer Engineering and founder of VectorBlox Computing, working on reconfigurable and vector processing.

Proof

Independently Tested. Real-World Validated.

Independent labs, reviewers, and publications have tested MemryX for themselves. See what they found.

“… 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.”

BDTi

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.”

ip X change

Hardware Review

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

Elector {maker}

Hands-On Module Test

"The MemryX-powered system strengthens our ability to apply real-time AI on the factory floor while establishing a scalable architecture for our broader smart factory strategy."

Express LUCK

Sherman Chan, Vice President

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

Hackster.io

Community Build Review

Work with us.

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