AI chip startup MatX raised $80M in a funding round to enhance their product development.
Amount Raised
$80 Million
Round Type
Funding Round
CovinaManufacturingInvestors
Description
MatX, an AI chip startup, has successfully raised $80 million in its latest funding round. The investment will be utilized to further advance their technology and product offerings.
Quick answer
MatX raised $80 Million in a Funding Round round, dated November 22, 2024. Investors: Nat Friedman. MatX is based in Covina, California, United States.
- How much did MatX raise?
- MatX raised $80 Million in a Funding Round round on November 22, 2024.
- Who invested in MatX?
- Nat Friedman is named as investors in this round.
- What does MatX do?
- MatX designs hardware tailored for the world’s best AI models: We dedicate every transistor to maximizing performance for large models.
- Where is MatX based and how big is it?
- MatX is based in Covina, California, United States. Fundz records about 110 employees.
- Who are the decision-makers at MatX?
- Fundz holds 4 contacts at MatX, including the Silicon Implementation Lead. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as MatX that raised within 45 days of this round, from Fundz verified event records.
- Botanic Healthcare raised $30M (Pre-Seed) on January 3, 2025.
- Swave raised $28M (Series A) on January 3, 2025.
- Expion Energy, Inc. raised $2.5M (Seed) on January 2, 2025.
- Deterrence raised $10M (Seed) on January 2, 2025.
- SoftShirts raised $2M (Seed) on January 1, 2025.
- BioProtonics raised $2.7M (Seed) on December 31, 2024.
Who to call at MatX, and when
A new round usually means MatX is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day MatX raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at MatX, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at MatX. With Fundz connected, it knows.
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Fundz sees it the moment MatX raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
MatX raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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