About Myelin Foundry
Myelin Foundry is a company based in Bengaluru (India) founded in 2019 by Gopichand Katragadda and Ganesh Suryanarayanan. Myelin Foundry has raised $15.98 million across 9 funding rounds from investors including Visteon, Beyond Next Ventures and SIDBI Venture Capital. The company has 41 employees as of April 08, 2024. Myelin Foundry offers products and services including Fovea EDGE, Fovea STREAM, Fovea AUTO, and MICI. Myelin Foundry operates in a competitive market with competitors including Abacus.AI, Ambarella, IntelliFusion, Awiros and Unleash live, among others.
- Headquarter Bengaluru, India
- Employees 41 as on 08 Apr, 2024
- Founders Gopichand Katragadda, Ganesh Suryanarayanan
- Stage Minicorn
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Myelin Foundry Private Limited
- Date of Incorporation 21 Jan, 2019
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$888.19 K (USD)883.08as on Mar 31, 2023
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Net Profit
-$259.31 K (USD)69.27as on Mar 31, 2023
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EBITDA
-$222.05 K (USD)70.52as on Mar 31, 2023
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Total Equity Funding
$15.98 M (USD)
in 9 rounds
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Latest Funding Round
$5.27 M (USD), Series B
Feb 20, 2026
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Investors
Visteon
& 21 more
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Employee Count
41
as on Apr 08, 2024
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Products & Services of Myelin Foundry
Myelin Foundry offers a comprehensive portfolio of products and services, including Fovea EDGE, Fovea STREAM, Fovea AUTO, and MICI.
Enables real-time AI inference on edge devices for automation.
Reduces content delivery costs using edge AI processing.
Supports in-vehicle infotainment and ADAS applications.
Facilitates multi-sensor data fusion for factory automation.
People of Myelin Foundry
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Funding Insights of Myelin Foundry
Myelin Foundry has successfully raised a total of $15.98M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $5.27 million completed in February 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Myelin Foundry
Myelin Foundry has secured backing from 22 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Visteon, Beyond Next Ventures and SIDBI Venture Capital.
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Venture capital management for SMEs and startups in India.
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Early-stage venture capital investing in AI, deep tech, healthcare, and fintech startups.
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Private investment arm of Kris Gopalakrishnan Family Office.
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Investor details for Myelin Foundry
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Investments & Acquisitions by Myelin Foundry
Investment portfolio details for Myelin Foundry
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Financial Statements - Myelin Foundry
Detailed financials for Myelin Foundry
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Myelin Foundry Comparisons
Peer comparison for Myelin Foundry
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Competitors of Myelin Foundry
Myelin Foundry operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Abacus.AI, Ambarella, IntelliFusion, Awiros and Unleash live, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provides AI based data models creation for data science
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AI-enabled image processors are manufactured for ADAS and security applications.
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Provider of AI and cloud-based vision processing units for video analytics applications
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Real-time video analytics solutions are provided via AI platform.
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AI based platform offering image and video analytics solutions
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AI and cloud-enabled video-security solutions are offered for fleet monitoring.
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Detailed competitors of Myelin Foundry
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Latest news on Myelin Foundry
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Frequently Asked Questions about Myelin Foundry
Myelin Foundry was founded in 2019.
Myelin Foundry is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Gopichand Katragadda is the current CEO of Myelin Foundry. They have also founded this company.
Myelin Foundry is a funded company, having raised a total of $15.98M across 9 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Myelin Foundry is 41.
Annual revenue of Myelin Foundry is $888.19K as on Mar 31, 2023.
Myelin Foundry was founded in 2019 in Bengaluru, India, as a deep-tech startup focused on artificial intelligence. Edge AI solutions are created to handle real-time processing of unstructured data, supporting applications across industries. Operations emphasize deployment at the edge to improve efficiency in sectors like manufacturing and healthcare, with leadership provided by co-founders Gopichand Katragadda as CEO and Ganesh Suryanarayanan as CTO.
Myelin Foundry's top competitors include Abacus.AI, Ambarella and IntelliFusion.
Myelin Foundry offers Fovea EDGE, Fovea STREAM, Fovea AUTO, and MICI.
Myelin Foundry has 22 investors. Key investors include Visteon, Beyond Next Ventures, SIDBI Venture Capital, Endiya Partners, and Eureka Stock and Share Broking Services.
The valuation of Myelin Foundry is $19M as of May 2024.