Myelin Foundry funding, investors and company details

Myelin Foundry is an emerging Artificial Intelligence (AI) - Deeptech startup from Bengaluru, working in the space of Deep-tech startup that builds AI algorithms designed to run directly on edge devices, aiming to transform user experiences and industry outcomes without dependence on cloud infrastructure.. Founded by Gopichand Katragadda, Ganesh S..

Company: Myelin Foundry Private Limited
Sector: Artificial Intelligence (AI) - Deeptech
Location: Bengaluru
Founders: Gopichand Katragadda, Ganesh S.
Total funding raised: ₹57.9 Cr

Company overview

Myelin Foundry is an Indian deep-tech startup that builds AI algorithms designed to run directly on edge devices, aiming to transform user experiences and industry outcomes without dependence on cloud infrastructure. The company operates across media and entertainment, mobility, and healthcare, delivering solutions that enhance video streaming quality, enable real-time analytics, and optimize device-level performance. By processing data locally, Myelin Foundry addresses challenges related to latency, bandwidth usage, and data privacy. Its flagship offering, Fovea Stream, applies edge AI to significantly improve video quality while reducing bandwidth consumption, creating better streaming experiences for users and lowering delivery costs for content providers. The firm’s technology stack combines machine learning, computer vision, and deep learning models optimized for low-power hardware, making its solutions scalable across a range of devices and industries. Through the integration of AI and edge computing, Myelin Foundry positions itself at the forefront of India’s deep-tech ecosystem, with a mission to reimagine human experiences through intelligent, efficient, and personalized solutions delivered at the device level.

Funding rounds

Latest round: $ 4.00 Mn (₹33.38 Cr.), 2024-04-08. Investors: SIDBI Venture Capital
Past round (Series A): $ 3.00 Mn (₹24.52 Cr.), 2023-01-23. Investors: Visteon Corporation, Endiya Partners, Beyond Next Ventures, Pratithi Investments