DLA Piper represented Lux Capital in its investment in Mythic's recent US$40 million Series B financing. Mythic is developing a technology platform that delivers the power of desktop GPU in a button-sized chip that supports multi-million weight neural networks facilitating local AI on any device.

The Series B was led by SoftBank Ventures, which also included participation from other existing investors including Lux Ventures, Data Collective, DFJ, AME Cloud Ventures, and new investors Andy Bechtolsheim and Lockheed Martin.

The DLA Piper team representing Lux Capital was led by partner Jonathan Axelrad (San Francisco), and also included associate Taylor Cashwell (San Francisco).