M

Mythic

Power-efficient edge AI processors for inference

EDA / CAD Engineer

Full-TimeUpdated on 10/23/2026
$150k - $260k/yr
Senior
Palo Alto, CA, USA+1 moreMore locations: Austin, TX, USA
HybridAustin is hybrid; Palo Alto attendance is unstated.
Hardware EngineeringSilicon & ASIC Design

About the job

Requirements
  • Deep understanding of the Cadence tool flow.
  • Experience with analog and mixed-signal design tools, including Virtuoso, AMS, and Spectre.
  • Experience with layout and signoff tools, including PVS/Pegasus and Calibre.
  • Experience with synthesis, automated place-and-route, and physical design tools, including Genus and Innovus/DDI.
  • Revision control experience and methodology recommendations, including Perforce or versIC.
  • Experience managing internal and external IP.
  • Experience supporting multiple PDKs simultaneously.
  • Scripting and automation experience using Python, Perl, Tcl, Bash/Shell, and SKILL to automate EDA flows, tool setup, regression runs, log parsing, environment configuration, and design-data processing.
  • Experience administering and troubleshooting FlexNet/FlexLM, including license-server configuration, lmstat/lmutil diagnostics, feature availability, checkout failures, queueing, utilization monitoring, and vendor-daemon issues.
  • Experience troubleshooting Linux/Unix environments, integrating LSF/Slurm/Grid Engine compute farms, using environment modules, managing tool versions, and debugging interactions between EDA applications, compute infrastructure, and license servers.
  • Experience developing and supporting scripted CAD flows integrating tools such as Cadence Virtuoso, Spectre, Xcelium, Synopsys, or Siemens EDA with internal automation, regression, and verification infrastructure.
  • Demonstrated history of solving problems for EDA users.
Responsibilities
  • Support IC design and IT leadership with multiple tool and infrastructure upgrades.
  • Manage several repositories of PDKs and IPs, and multiple tools from multiple vendors.
  • Advise design IT leadership on methodology enhancements and future planning.
  • Keep up with advancements in industry tools relevant to the organization's goals.
  • Where necessary or advantageous, develop custom tools, scripts, or plug-ins that users can readily adopt.
Desired Qualifications
  • Familiarity with TSMC and GF.
  • Remote computing support experience (ETX).
  • Experience supporting engineering across multiple international locations.
  • Some system administration ability.
  • Experience with Make/GNU Make, CMake, and custom Makefile-based flows, including maintaining build dependencies, environment setup, and reproducible EDA/CAD workflows.
  • Experience with Jenkins, GitLab CI/CD, and GitHub Actions, including developing and supporting automated regression, validation, build, and deployment pipelines for EDA tools and design flows.

About the company

Mythic designs power-efficient AI hardware for edge deployments. Its main products are the M1076 Analog Matrix Processor, a single-chip accelerator that can run at up to 25 TOPS, and the MP10304 Quad AMP PCIe card, which adds more performance for AI inference on edge devices and servers. The hardware uses analog matrix processing to perform AI computations with low energy usage, enabling high-performance inference in real-world environments without relying on cloud servers. Mythic targets customers that need strong AI performance with tight power budgets, such as tech companies and other businesses with heavy data-processing needs. Compared with typical AI accelerators, Mythic emphasizes analog computation and edge efficiency, offering a compact single-chip solution plus an expansion PCIe card to scale performance. The company's goal is to make high-performance AI inference practical at the edge by delivering power-efficient processors and modules for edge devices and servers.

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$290.4M

Headquarters

Austin, Texas

Founded

2012

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Simplify's Take

What believers are saying

  • Mythic closed a $125 million round on December 17, 2025, led by DCVC.
  • Mythic acquired Videantis on May 19, 2026, expanding automotive and data-center reach.
  • Mythic opened Bengaluru on September 28, 2026, and plans to quadruple India headcount by 2027.

What critics are saying

  • Mythic’s 2025 revenue was only $6.4 million against $125 million raised.
  • Revelio reported 152 employees in March 2026, yet scale remains tiny for chip wars.
  • Delayed automotive SoCs until the late 2020s expose Mythic to execution failure and obsolescence.

What makes Mythic unique

  • Mythic combines analog compute-in-memory with Videantis’ production-proven digital processor stack.
  • Honda and Mythic announced joint development on February 6, 2026 for automotive-grade AI SoCs.
  • Mythic’s APUs target 120 TOPS per watt, positioning them against GPU-heavy inference.

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Benefits

  • Every day is casual Friday!
  • Commuter: Caltrain & MetroRail passes. Scooter, Bike, Public Transit and Parking Stipend
  • Dog-Friendly in Austin office
  • $500 annual education benefit for conferences, classes or purchase of books
  • HSA/FSA: Mythic contributes $750 for single and $2000 for family per year if you enroll in high deductible plan
  • We pay 100% of employee premiums and 70% of dependent premiums
  • Flexible PTO and WFH
  • $150 quarterly wellness benefit

Growth & Insights and Company News

6 month growth

-2%

1 year growth

-3%

2 year growth

-4%
Tech in Asia
Sep 28th, 2026
US AI chip startup Mythic opens Bengaluru engineering centre, plans to quadruple headcount by 2027

US AI chip startup Mythic has opened an engineering centre in Bengaluru, India. The company expects local headcount to quadruple by Q1 2027 under Manoj Kumar, vice president of Mythic India. The expansion aligns with India's semiconductor policy, which includes a Design Linked Incentive scheme supporting design work and broader ecosystem development. Mythic's India move follows a 2023 turnaround when the company raised $13 million and appointed a new chief executive officer. The startup focuses on AI chip development.

Nomadic Soft
May 21st, 2026
Mythic Acquires Videantis: Innovating AI Compute Efficiency for a Sustainable Future

Mythic Acquires Videantis: Innovating AI Compute Efficiency for a Sustainable Future

eCapital
May 19th, 2026
Mythic acquires videantis ‒ eCAPITAL remains shareholder - eCAPITAL

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

FinancialContent
May 19th, 2026
Mythic acquires Videantis to build hybrid AI platform with 100x energy efficiency advantage over GPUs

Mythic, a pioneer in analog compute-in-memory technology, has acquired Videantis, a leading European digital processor IP company. The transaction unites Mythic's analog compute platform with Videantis' unified digital processor architecture to create a hybrid AI computing system claiming 100x energy efficiency advantage over conventional GPU-based systems. Videantis has shipped over 25 million chips worldwide with zero field defects, powering systems across all top three European automotive manufacturers. Its unified processor architecture runs deep learning, computer vision and AI inference workloads on a single platform. The acquisition follows Mythic's $125 million funding round and its agreement with Honda to co-develop next-generation AI chips. All five Videantis founders, including CEO Hans-Joachim Stolberg, will join Mythic, which will operate Videantis as a wholly owned subsidiary.

Tech in Asia
Apr 16th, 2026
Japan targets 26% global share in self-driving cars by 2030s.

Japan targets 26% global share in self-driving cars by 2030s. Japan will target a 26% global share in self-driving cars in the 2030s under a new growth strategy that Takaichi Sanae's government plans to draft this summer. The government set numerical goals for 34 of 61 products and technologies chosen in March for priority public and private investment. It also wants Japanese companies' share of undersea cable installations to rise to about 35% by 2030 from 20% now, citing demand tied to AI. For content, the government aims to lift overseas sales of Japanese anime to 6 trillion yen (US$38 billion), in 2033, about four times 2022 levels. Officials plan to add a roadmap covering investment needs and expected economic effects to the growth strategy. Food for thought. Implications, context, and why it matters. Demographic pressures are the driving force behind Japan's new growth strategy. * The targets respond to demographic strain, since Japan has the world's highest share of people aged 65 and older at 29.1% 1. * Labor gaps are already biting, with a projected shortfall of 36,000 bus drivers by 2030 that is forcing service cuts in cities and rural areas 1. * Freight faces a similar squeeze, as a 36% shortage of truck drivers is expected by 2031 and could reduce national transport capacity by about a third by 2030 2. * Corporate bankruptcies have climbed to a 13-year high and household consumption is falling, so the government is tying its push into self-driving vehicles and AI to keeping growth going despite worker shortages 3. Japan's new strategy is steering rival automakers toward alliances. * To reach its goals for self-driving cars, the government is supporting frameworks that nudge long-time rivals such as Toyota and Honda to work together on AI-powered self-driving technology 4. * Nissan and Honda have also teamed up, saying they have fallen behind foreign rivals and cannot catch up while trying to do everything on their own 5. * Companies are also looking overseas for know-how to speed up work on self-driving technology. * Honda is co-developing AI chips with U.S. startup Mythic, a semiconductor company, under a joint development agreement, while Toyota has a preliminary agreement with Waymo, Alphabet's self-driving technology company, to explore collaboration on autonomous driving technologies 67. Stay updated on the go with our mobile app. Get latest insights with smoother, more personalized experience through TIA mobile app. How would you feel if you could no longer use Tech in Asia? Share, tag us, and land on our Wall of!