Fundraising FoxMentium
Santa Barbara, US · 8 known investors
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Mentium Technologies designs ultra-low-power, radiation-tolerant Edge AI co-processors and an accompanying SDK for size-, weight-, and power-constrained systems such as satellites, spacecraft, drones, robotics, bodycams, and security devices. Its Luna co-processor family delivers endpoint AI inference at sub-watt power for space, defense, and IoT markets.
Founders & leadership
Board
Investors · 8
How we know: av.vc · Not right? Tell us
How we know: Excellis Holding's portfolio page · Not right? Tell us
How we know: techstartups.com · funding news · Not right? Tell us
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How we know: techstartups.com · funding news · Not right? Tell us
Also in the syndicate · 2
Funding
SEC filings, press & company announcements$10.7M disclosed across 2 of 3 rounds · 2025–2026
- Undisclosed amountseedNov 2025
Lerer Hippeau (lead), Antler, Matchstick Ventures, MBA Ventures, Tower Research Capital
Source ↗ - $3.2MSeedOct 2025 · 4 sources
Lerer Hippeau (lead), Antler, Matchstick Ventures, MBA Ventures, Tower Research Capital
Source ↗
▶$7.5MraisedJul 2026 · 74 investors · Other TechnologyRule 506(b)
- Mirko PreziosoExecutive Officer, Director
- Craig EnsleyDirector
- Farnood Merrikh BayatExecutive Officer, Director
- John BowersDirector
- Offering amount
- $8.8M
- Amount sold
- $7.5M
- Minimum investment
- $10K
- Sales commissions
- $675K
- Proceeds to insiders
- $500K
- Placement agents
- Network 1 Financial Securities, Inc.
- First sale
- Jun 2026
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Non-dilutive funding · 4 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| NASA | Phase II | 2022 | $4.6M |
| NASA | Phase II | 2018 | $754.5K |
| National Science Foundation | Phase I | 2018 | $224.6K |
| NASA | Phase I | 2017 | $116.7K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does Mentium do?
- Mentium Technologies designs ultra-low-power, radiation-tolerant Edge AI co-processors and an accompanying SDK for size-, weight-, and power-constrained systems such as satellites, spacecraft, drones, robotics, bodycams, and security devices. Its Luna co-processor family delivers endpoint AI inference at sub-watt power for space, defense, and IoT markets.
- Who founded Mentium?
- Mentium was founded by Konstantin Likharev, Dimitri Strukov.
- Who are Mentium's investors?
- Mentium's investors include Alumni Ventures, Excellis Holding, Silicon Catalyst, Antler, Lerer Hippeau, Matchstick Ventures.
- How much funding has Mentium raised?
- Mentium has disclosed $10.7M raised across 2 of its 3 known rounds.
- Where is Mentium headquartered?
- Mentium is headquartered in Santa Barbara, US.