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Myelin Foundry

Category: AI Infrastructure

A deep-tech AI company building agentic AI solutions for real-time, edge-first deployment on video, voice, and sensor data across automotive, industrial, and media sectors. Myelin Foundry was founded in 2019. The company is led by Dr. Gopichand Katragadda. Based in Bangalore, India. Team size: 40-50. Total funding raised: $16.0M. Latest round: Strategic Investment ($5.3M, Feb 2026). Key investors include ["ASM Technologies","SIDBI Venture Capital","Visteon Corporation","Endiya Partners","Beyond Next Ventures"].

Founded
2019
Headquarters
Bangalore, India
Team size
40-50
Total funding
$16.0M

Value proposition

Enables powerful AI to run effortlessly on low-cost, low-compute edge devices with zero cloud dependency—delivering lightning-fast decisions, full data privacy, and reliable offline performance while reducing bandwidth and energy costs.

Products and solutions

["XAIRA – Intent-aware agentic AI assistant for in-cabin Protection, Information, and Entertainment (P.I.E.)","Digital Cockpit AI Suite – Conversational, context-aware driver assistance with CAN/OBD/HMI integration","Inspect AI – Real-time surface defect detection for manufacturing quality control","Predict AI – Predictive maintenance platform analyzing sensor and PLC data for anomaly detection","Upscaler AI – Real-time SD to HD/FHD video enhancement on-device, reducing streaming costs by 40%","Lip-Sync AI – Generative AI for perfect dubbed content lip-sync across multiple languages","Fovea Stream – Edge-native multimedia enrichment platform (super resolution, noise reduction, dehazing)","Fovea GPT – Multimodal (audio, video, text, sensors) edge-native cognitive intelligence layer"]

Unique value

Proprietary Myelin Edge AI Stack enables real-time AI inference on low-cost edge devices without cloud dependency. Combines Fovea GPT (multimodal AI for conversational intelligence and predictive maintenance) and Fovea Stream (real-time video/audio processing) into a modular, scalable foundation.

Target customer

Automotive OEMs and tier-1 suppliers, industrial/manufacturing companies (semiconductor, electronics, solar), OTT/streaming platforms, and media & entertainment companies

Industries served

["Automotive & Electric Vehicles","Manufacturing & Smart Factory","Media & Entertainment / OTT Streaming","Semiconductor & Electronics Manufacturing","Industrial Automation"]

Technology advantage

Edge-first architecture eliminates cloud latency and ensures data privacy with on-device processing. Optimized model compression and deep learning frameworks run on constrained environments. Business model includes per-device and per-microservice licensing.

How they differentiate

Proprietary Myelin Edge AI Stack delivers real-time AI inference on low-cost, low-compute edge devices with zero cloud dependency. Combines multimodal conversational intelligence and real-time video/audio processing to deliver ultra-low latency (<50ms) processing directly on consumer hardware.

Main competitors

["VideoVerse","FogHorn Systems","Mozark"]

Key partnerships

["ASM Technologies Ltd – Strategic investor","Mahindra & Mahindra – M-Lens system deployment","Microsoft Azure Marketplace","Endiya Partners","SIDBI Venture Capital","Visteon Corporation"]

Notable customers

["Mahindra & Mahindra (XUV-700)","Automotive OEMs","OTT/Streaming Platforms","Manufacturing Companies"]

Major milestones

["M-Lens AI system deployed in Mahindra XUV-700 for Adrenox Connect (2024)","Series A raised $3M led by Visteon Corporation (Jan 2023)","Series A-II raised $4M led by SIDBI Venture Capital (May 2024)","Strategic investment of ₹48 Cr from ASM Technologies for 20% stake (Feb 2026)","Fovea platform available on Microsoft Azure Marketplace","Anusha Rammohan inducted as Co-Founder & CTPO (Jan 2025)"]

Growth metrics

Revenue of ₹6.2 Cr+ (FY24); Team size 40-50 employees; 10 patents filed with 1 approved; Commercial deployments with major automotive OEMs

Market positioning

India-based deep-tech startup positioned as a specialized edge AI platform provider for automotive, industrial, and media & entertainment verticals. Distinguished by strategic partnerships with major automotive OEMs and backing from tier-1 automotive investors.

Geographic focus

India (primary), United States, Asia-Pacific markets

Patents and IP

10 patents filed with 1 approved; others at various stages of approval.

About Dr. Gopichand Katragadda

Former Group CTO and Innovation Head at Tata Sons (2014-2019); Chairman and Managing Director of GE India Technology Centre (John F. Welch Technology Centre) where he led 5,500+ engineers and scientists; Vice President at Karta Technologies (US); GE Certified Six Sigma Master Black Belt; Over 30 journal publications and 5 patents; Author of innovation book 'SMASH'; TEDx speaker; Chartered Engineer (UK); Fellow of IET; President, IET Board of Trustees (2024-2025)

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