Fundz

MatX

COVINA, CA · Manufacturing · 110 employees

MatX designs hardware tailored for the world’s best AI models: We dedicate every transistor to maximizing performance for large models. For these models, we deliver 10× more computing power, enabling AI labs to make models an order of magnitude smarter and more useful. Our hardware would make it possible to train GPT-4 and run ChatGPT, but on the budget of a small startup.

Funding history

  • Funding Round — $527.9M — Mar 2026
  • Series series b — $500.0M — Feb 2026
  • Funding Round — $95.0M — Dec 2024
  • Funding Round — $80.0M — Nov 2024
  • Funding Round — $24.9M — Dec 2023

Recent signals

  • Mar 10, 2026: Raised $527.9M
  • Feb 24, 2026: Raised $500.0M in Series series b
  • Dec 06, 2024: Raised $95.0M
  • Nov 22, 2024: Raised $80.0M
  • Dec 19, 2023: Raised $24.9M

See plans & pricing → Track MatX’s funding, hiring, and signals — with verified contacts — on Fundz.