Tech Company Financing Transactions
MatX Funding Round
MatX, based in Mountain View, secured $500 million from Jane Street, private investors and Marvell.
Transaction Overview
Company Name
Announced On
2/24/2026
Transaction Type
Venture Equity
Amount
$500,000,000
Round
Series B
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
444 Castro Street 600
Mountain View, CA 94041
USA
Mountain View, CA 94041
USA
Phone
Undisclosed
Website
Email Address
Overview
Our goal is to make the best chips physically possible for the large model needs of frontier labs. The MatX One chip delivers higher throughput than any announced product while also matching the best latencies of any products. For training and prefill, it excels on FLOPS; for decode and RL it excels on latency, FLOPS, and long-context support.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Reiner Pope
Browse more venture capital transactions:
Prev: 2/24/2026: Kash venture capital transaction
Next: 2/24/2026: UNC Greensboro (UNCG) venture capital transaction
Share this article
News on VC Transactions
We do our best to report on all VC transactions involving tech companies. VC investment data records on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs