Our
Mission

Accelerate Edge AI by providing a highly efficient and scalable solution that is simple to deploy and support.

Dr Wei Lu

MemryX Inc was co-founded in 2019 by Dr. Wei Lu, an IEEE Fellow and Professor of Electrical Engineering at the University of Michigan since 2005. Dr. Lu is a highly influential expert in memory devices, neuromorphic computing, and in-memory computing systems.

Dr. Lu, and a small team at the University of Michigan understood that the future of computing was reliant on the ability to scale and ramp dedicated AI accelerators across a large and diverse embedded market. The team focused on developing a fundamental core architecture for Edge AI with high flexibility/reconfigurability.

A forward-looking architecture was designed with dual priorities placed on data movement, and software that was simple/practical to deploy, and scalable to support future hardware generations. The core architecture was proven and optimized using first (MX1) and second (MX2) generation AI HW/SW solutions used for internal prototyping from 2020-2022.

We’re looking forward to 2024. MemryX will transition into production and start volume shipments of the MX3. Plenty of new opportunities will exist to share our solutions and stories.

If you are interested in collaborating with us or would like more information on our products, please reach out and let us know.

Leadership

President & CEO
CTO & Co-Founder
VP of Product & Business Development
VP of Engineering

Board of Directors

Co-Founder & Managing Director at eLab Ventures
CEO, KLA
President & CEO
CTO & Co-Founder
Keith KressinPresident & CEO

Keith Kressin

President & CEO

Keith Kressin has over 25 years of leadership experience in the semiconductor industry including over 13 years at Qualcomm as the SVP/GM responsible for multiple business lines including AR/VR, PCs, and AI Accelerators for Cloud Computing. Prior to that, he spent eight years at Intel and four years at Texas Instruments. Keith has extensive expertise in product management, silicon roadmaps, strategic planning, and semiconductor technologies.

Dr. Wei LuCTO & Co-Founder

Dr. Wei Lu

CTO & Co-Founder

Dr. Wei Lu is a highly distinguished professor in the EECS department at the University of Michigan since 2005 and is an IEEE fellow. He co-founded MemryX in 2019 and is responsible for defining the company’s product architecture. In 2010, Dr. Lu co-founded Crossbar Inc, a resistive RRAM technology company. He is an expert in memory devices, neuromorphic computing, and in-memory computing systems.

Roger PeeneVP of Product & Business Development

Roger Peene

VP of Product and Business Development

Roger Peene has 30 years of experience in the semiconductor industry at leading companies including Advanced Micro Devices (AMD), Intel, PMC-Sierra and most recently as the VP and General Manager of the Datacenter SSD Solutions Business at Micron. Roger is a proven global sales and business development leader with deep knowledge of complete silicon product lifecycle and experience in creating a superior customer value propositions.

Puneet SinghVP of Engineering

Puneet Singh

VP of Engineering
Puneet Singh has over 25 years of VLSI industry experience leading mobile, server, and PC development at Qualcomm and Intel. He led the commercialization of >500Mu Systems-on-a-chip (SoCs) sold. Puneet has broad expertise in platforms, chipsets, SoC/Si, IP, software, and systems.
Rick Bolander

Rick Bolander

Co-Found and Managing Director at eLab Ventures

Rick Bolander has been a private investor since 1988 launching Blue Sky Ventures, a real estate investment firm, and entering the venture capital industry in 1994 at Apex Venture Partners where he was general partner. In 1999, he co-founded Gabriel Venture Partners, an early-stage venture capital firm that invests in and assists information technology startups.

Rick identifies the smartest entrepreneurs and works side-by-side with them to build highly successful companies from the ground up. Rick has been involved in more than 50 venture deals, and has led over $100 million in early-stage financings and has had over $200 million in realizations. Rick has served on the boards of AccessLine Communications (acquired by Telanetix), Arula Systems (acquired by Raritan), Concord Communications (IPO – NASDAQ: CCRD), Exodus Communications (IPO – NASDAQ: EXDS, then acquired by Savvis), IPWireless (acquired by Nextwave), Jacked (acquired by Roundbox), Neopath (acquired by Cisco), NetScaler (acquired by Citrix Systems), Persistent Systems (IPO – BSE India: PER EQ), Placeware (acquired by Microsoft) Tut Systems (IPO – NASDAQ: TUTS), and Chegg (IPO – NYSE:CHGG).

Rick currently serves as a board member of Kajeet, the leader in mobile service for Tweens as well as the leader in providing safe mobile education services to students. Prior to Rick’s investment career, he held various operational roles ranging from product development, operations management, regional marketing and sales management at AT&T and Lucent. After working as a design engineer at Chevron, Rick taught computer architecture at the University of Michigan. Rick fosters entrepreneurship by supporting the University of Michigan’s Center for Entrepreneurship as a board member and as a charter member of TiE. He worked with other University of Michigan alumni to launch an accredited academic program on campus that provides classroom and field experience for University of Michigan students to mentor and assist at-risk youth and was recognized as the 2010 College of Engineering Merit Award Winner. Rick received a BS in Electrical Engineering and MS in Electrical Engineering (summa cum laude) from the University of Michigan, and holds an MBA from Harvard Business School.

Dr. Daniel Franke

Dr. Daniel Franke

M Ventures
Dr. Daniel Franke, Principal in the Technology team, joined M Ventures as an Associate in 2019, after supporting the team as an Analyst as part of the M Ventures Fellowship. Daniel obtained his Bachelor’s and Master’s in Chemistry at RWTH Aachen University before moving on to the Massachusetts Institute of Technology for his Ph.D. studies. At MIT, Daniel developed functional materials for display technologies and advanced biomedical imaging applications, leading to a pending patent application for a novel biomedical imaging platform on basis of shortwave infrared light.
Rick Wallace

Rick Wallace

President and CEO KLA

Rick Wallace serves as the Chief Executive Officer and President of KLA as well as a member of the company’s Board of Directors. He began as an applications engineer at KLA Instruments in 1988, and has held various general management positions throughout his 30+-year tenure with the company. Earlier in his career, he held positions with Ultratech Stepper and Cypress Semiconductor.

Rick served on the Proofpoint Board of Directors through their acquisition in 2021 by Thoma Bravo. Rick previously served as a member of the Board of Directors of SEMI (Semiconductor Equipment and Materials International), including as SEMI’s Chairman of the Board.

Rick earned his bachelor’s degree in electrical engineering from the University of Michigan and his master’s degree in engineering management from Santa Clara University.

Keith KressinPresident & CEO

Keith Kressin

President & CEO

Keith Kressin has over 25 years of leadership experience in the semiconductor industry including over 13 years at Qualcomm as the SVP/GM responsible for multiple business lines including AR/VR, PCs, and AI Accelerators for Cloud Computing. Prior to that, he spent eight years at Intel and four years at Texas Instruments. Keith has extensive expertise in product management, silicon roadmaps, strategic planning, and semiconductor technologies.

Dr. Wei Lu

Dr. Wei Lu

CTO & Co-Founder

Dr. Wei Lu is a highly distinguished professor in the EECS department at the University of Michigan since 2005 and is an IEEE fellow. He co-founded MemryX in 2019 and is responsible for defining the company’s product architecture. In 2010, Dr. Lu co-founded Crossbar Inc, a resistive RRAM technology company. He is an expert in memory devices, neuromorphic computing, and in-memory computing systems.

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