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D-Matrix Announces $110 Million In Series B Funding To Make Generative Ai Commercially Viable With First-Of-Its-Kind Inference Compute Platform

PRIVATESep 06, 2023

Amount Raised

$110 Million

Round Type

Series B

Santa ClaraInformation TechnologyHardwareSoftwareData And AnalyticsScience And EngineeringArtificial Intelligence

Investors

D MatrixTemasek

Description

d-Matrix, the leader in high-efficiency generative AI compute for data centers, has closed $110 million in a Series-B funding round led by Singapore-based global investment firm Temasek. The goal of the fundraise is to enable d-Matrix to begin commercializing Corsair, the world’s first Digital-In Memory Compute (DIMC), chiplet-based inference compute platform, after the successful launches of its prior Nighthawk, Jayhawk-I and Jayhawk II chiplets.

Quick answer

d-Matrix raised $110 Million in a Series B round, dated September 6, 2023. Investors: D Matrix and Temasek. d-Matrix is based in Santa Clara, California, United States.

How much did d-Matrix raise?
d-Matrix raised $110 Million in a Series B round on September 6, 2023.
Who invested in d-Matrix?
D Matrix and Temasek are named as investors in this round.
What does d-Matrix do?
d-Matrix is building a new way of doing datacenter AI inferencing using in-memory computing (IMC) techniques with chiplet level scale-out interconnects.
Where is d-Matrix based and how big is it?
d-Matrix is based in Santa Clara, California, United States. Fundz records about 290 employees.
Who are the decision-makers at d-Matrix?
Fundz holds 3 contacts at d-Matrix, including the Vice President, Human Resources. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware and Data And Analytics around the same time

Companies in the same sectors as d-Matrix that raised within 45 days of this round, from Fundz verified event records.

  • EdgeCortix raised $20M (Funding Round) on October 4, 2023.
  • Cursor raised $8M (Funding Round) on October 11, 2023.
  • RIOS raised $1.1M on September 29, 2023.
  • Bright Money raised $12M (Funding Round) on September 27, 2023.
  • Ahura AI raised $2.7M (Seed) on September 22, 2023.
  • Capacity raised $26M on September 22, 2023.

Who to call at d-Matrix, and when

A new round usually means d-Matrix is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
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Company Information

Company

d-Matrix

Location

Santa Clara, California, United States

About

d-Matrix is building a new way of doing datacenter AI inferencing using in-memory computing (IMC) techniques with chiplet level scale-out interconnects. Founded in 2019, d-Matrix has attacked the physics of memory-compute integration using innovative circuit techniques, ML tools, software and algorithms; solving the memory-compute integration problem, which is the final frontier in AI compute efficiency. Learn more d-Matrix AI

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment d-Matrix raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

3 contacts
Verified contactsLeon B., Vice President, Human Resources hidden hidden hiddenSee plans and pricing
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ML-powered predictions for d-Matrix's next move

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

d-Matrix raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.