Tech Company Financing Transactions
d-Matrix Funding Round
Archerman Capital, Cortes Capital and Entrada Ventures invested in a $110 million Series B venture round for d-Matrix. The financing round closed on 9/6/2023.
Transaction Overview
Company Name
Announced On
9/6/2023
Transaction Type
Venture Equity
Amount
$110,000,000
Round
Series B
Investors
Proceeds Purpose
The company will use the funds to Make Generative AI Commercially Viable with First-of-Its-Kind Inference Compute Platform. d-Matrix plans to invest in recruitment and commercialization of its product to satisfy the immediate customer need for lower cost, more efficient compute infrastructure for generative AI inference.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
5201 Great America Pkwy 300
Santa Clara, CA 95054
United States
Santa Clara, CA 95054
United States
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
d-Matrix is led by a team of dedicated entrepreneurs with a 20+ year history in building businesses that have shipped over 100M chips and generated over $1B in revenue.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Technical Officer
Sudeep Bhoja
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Where The Data Comes From
We report on all VC transactions involving tech companies. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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