Insider Brief
- MythWorx raised $5 million in seed funding at a $100 million valuation, led by Eagle Venture Funds, to advance its next-generation AI model, Echo Ego v2, which delivers human-like reasoning with one-tenth the power usage of traditional LLMs.
- Echo Ego v2 outperforms much larger models without pretraining or chain-of-thought prompting, achieving leading results on MMLU-Pro benchmarks and outperforming models like DeepSeek-R1.
- The funding will support hiring, product expansion, and licensing of MythWorx’s AGI technology to major tech, government, and defense sectors, positioning it as a disruptor in efficient reasoning-based AI.
PRESS RELEASE — MythWorx, a next-generation AI startup with a unique AI/AGI construct and architecture and pioneering reasoning capabilities, announced it closed its seed funding round of $5 million at a $100 million valuation led by Eagle Venture Fund IV, Eagle Freedom Fund I, and Eagle Freedom Fund II, along with investment from other leading angel investors. The valuation is significantly higher than other seed-stage AI startups, reflecting the groundbreaking reduction in compute and power needs and human-like reasoning capabilities presented by MythWorx’s model, Echo Ego v2.
Echo Ego v2 vastly outperforms traditional large language models (LLMs) as it requires an astonishing one-tenth of the power resources when completing tasks and answers questions up to eight times faster. MythWorx’s model uses true reasoning principles. It does not require pretraining to perform well on benchmarking, compared to LLMs that frequently use pattern recognition or memorized strategies during pretraining to score capably.
“This funding milestone validates the strength of our technology and the market’s understanding and support of our new brain-modeled approach to AI,” said Jason Williamson, CEO of MythWorx. “Our mission is to deliver AI that is smarter, faster and dramatically more efficient than traditional LLMs, to redefine what’s possible with true reasoning capabilities. And we’ve delivered — with our model representing a ‘black swan’ moment for AI.”
The funding will further support MythWorx’s growth by enabling hiring for key roles throughout the company, adding products and enhanced capabilities, and streamlining and accelerating the company’s go-to-market strategy.
Despite its smaller size, MythWorx’s model outperforms models hundreds of times larger across a wide range of tasks. It performs well without pretraining, retries or chain-of-thought prompting, and recently supported its claims through the well-regarded MMLU-Pro benchmarking testing. It outperformed DeepSeek-R1 and many other LLMs during the benchmarking, without prior fine tuning.
This contrasts with traditional LLMs that rely on multiple attempts or chain-of-thought reasoning to refine answers.
“This financing allows us to move forward quickly with our go-to-market strategy of licensing our unique AGI capability to big tech, government, and Department of War sectors that have long anticipated the advent of true reasoning,” said Wade Myers, co-founder and chairman of MythWorx.
“We’re thrilled to lead this seed round and partner with MythWorx,” said Wes Lyons, General Partner, Eagle Venture Fund. “Their breakthrough technology has the potential to redefine AI, and we believe their exceptional team has the vision and execution capabilities to build a category-defining company. We couldn’t be more excited to support them at this early stage of their journey.”
About MythWorx
MythWorx is an AGI innovator introducing a new class of AI that delivers true reasoning capabilities without pretraining and with minimal compute requirements. It outperforms large-scale models across key benchmarks. MythWorx is now entering joint ventures and master licensing agreements. Learn more at https://mythworx.ai.
Contacts
Carole Barrow
PRforMythWorx@bospar.com
