Mythic acquires videantis ‒ eCAPITAL remains shareholder

PORTFOLIO NEWS
Silicon Valley innovation and German engineering unite to create a transatlantic AI champion delivering up to 100x efficiency gains over conventional GPU-based systems.

Mythic, a pioneer in analog compute-in-memory technology, today announced the acquisition of videantis GmbH, a leading European provider of unified digital processor IP.

The transaction combines Mythic’s breakthrough analog compute architecture with videantis’ production-proven unified hardware and software platform, accelerating the development of a new class of hybrid AI computing systems. By minimizing data movement and collapsing computation and memory into a single physical plane, the combined platform is designed to deliver up to 100x greater efficiency gains than traditional GPU-based architectures, directly addressing the structural power constraints of modern AI infrastructure.

This milestone follows Mythic’s oversubscribed $125 million funding round ‒ led by prominent deep-tech investors including DCVC, NEA, Future Ventures, S3 Ventures, Atreides Management, SoftBank ‒ and its strategic collaboration with Honda to develop next-generation AI chips for autonomous vehicles. The acquisition of videantis, whose processor IP is already integrated into more than 25 million chips worldwide, positions Mythic to scale from edge devices and robotics to large-scale data center deployments, reinforcing a transatlantic AI champion.

AI’s present energy consumption is ruinously wasteful, untenable, and destabilizing. With the addition of the amazing team at videantis, Mythic will provide the world a top-performing AI chip that uses one percent of the energy used by today’s state-of-the-art GPUs. We are manufacturing this chip in the US and Europe, providing our customers safety against geopolitical instability. We seek to ensure that the future of AI is sustainable, stable, and abundant.

Dr. Taner Ozcelik, CEO, Mythic

With this transaction, Mythic significantly strengthens its position across data center, automotive, robotics and defense markets, and establishes a powerful transatlantic AI semiconductor platform rooted in both Silicon Valley and Germany.

This transaction brings together two highly differentiated architectures at exactly the right moment for the global AI infrastructure market. The combination of analog compute-in-memory and a production-proven unified digital platform creates a uniquely positioned player capable of redefining performance-per-watt standards at global scale.

Willi Mannheims, Managing Partner, eCAPITAL

By uniting Mythic’s breakthrough analog computing with videantis’ scalable, production-proven unified digital architecture, this transaction lays the foundation for a new generation of energy-efficient AI systems. It creates a true transatlantic AI champion. For us at eCAPITAL, this represents European deep-tech resilience in action ‒ differentiated technology built in Europe and scaled worldwide to strengthen strategic semiconductor sovereignty.

Katharina Frie, Partner, eCAPITAL

A proven architectural edge
videantis brings over a decade of zero-field-defect performance in automotive-grade silicon, powering safety-critical systems such as Automatic Emergency Braking (AEB). Its unified VLIW/SIMD processor architecture enables FPGA-like adaptability with ASIC-level efficiency, supported by a mature, production-hardened software stack.

We have always believed that efficiency comes from controlling data movement. Mythic’s compute-in-memory approach applies this philosophy to the extreme limit. Together, we deliver a system-level efficiency that neither could achieve alone.

Dr. Hans-Joachim Stolberg, Founder and CEO, videantis

Following the acquisition, videantis will operate as a wholly owned subsidiary of Mythic. All five founders will join Mythic to drive the continued evolution of the hybrid analog-digital computing platform.

About eCAPITAL
Founded 1999 in Germany, eCAPITAL is a venture capital investor focusing on European early- and growth-stage deep-tech companies with a positive impact on society. With entrepreneurial spirit and assets under management totaling over €400 million, the eCAPITAL team is investing in the verticals of Cybersecurity + Defense Tech, AI Tech + Infrastructure Software, Climate Tech, New Materials + Semiconductors. In addition to financial resources, eCAPITAL offers its portfolio companies strategic support and access to an international network of entrepreneurs, scientists, investors and founders. For more information visit www.ecapital.vc.

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