Total amount raised
$154 Millions
Latest funding date
09/01/2023
Location
d-Matrix has developed the Corsair™ platform, an ultra-efficient AI inference solution for datacenters, capable of processing up to 60,000 tokens per second with minimal latency. The platform is designed to be fast, cost-effective, and energy-efficient, redefining performance metrics for AI inference at scale.
Backed by notable investors such as Microsoft, d-Matrix is making significant strides in the AI industry. Keep reading to explore the intricacies of d-Matrix's fundraising journey and the investors backing this innovative platform.
What Is d-Matrix?
d-Matrix is a company specializing in AI and Machine Learning, with a focus on AI inference platforms for datacenters. Their flagship product, Corsair™, is designed to deliver ultra-low latency, high throughput, and energy-efficient solutions for generative AI applications.
With an emphasis on sustainability and scalability, d-Matrix aims to make AI more attainable and cost-effective for various applications. The company is backed by significant industry players and has formed notable partnerships, as highlighted in their announcements and news articles.
How Much Funding Has d-Matrix Raised?
- Seed Round
- Amount Raised: -
- Date: January 2021
- Lead Investors: TSVC
- Series A
- Amount Raised: $44M
- Date: April 2022
- Lead Investors: M12 - Microsoft's Venture Fund, Playground Global, SK Hynix
- Series B
- Amount Raised: $110M
- Date: September 2023
- Lead Investors: Temasek Holdings
d-Matrix has raised a total of $154M across all funding rounds.
Key Investors
- Temasek Holdings
- Details: Temasek Holdings is a global investment company headquartered in Singapore. It manages a net portfolio of over $300 billion, focusing on delivering sustainable long-term returns.
- Investment Focus Areas: Financial services, telecommunications, media & technology, transportation & industrials.
- Notable Investments: Alibaba Group, Gojek, Moderna.
- M12 - Microsoft's Venture Fund
- Details: M12 is the venture capital arm of Microsoft, investing in early-stage technology startups. It aims to accelerate the growth of innovative companies by providing access to Microsoft's resources and expertise.
- Investment Focus Areas: Artificial intelligence, cybersecurity, cloud computing, enterprise software.
- Notable Investments: Innovaccer, Skedulo, Element AI.
- Playground Global
- Details: Playground Global is a venture capital firm that supports early-stage startups with a focus on deep tech. It provides not only funding but also engineering and operational support.
- Investment Focus Areas: Robotics, artificial intelligence, hardware, software.
- Notable Investments: Relativity Space, Nervana Systems, Owl Labs.
- SK Hynix
- Details: SK Hynix is a South Korean semiconductor supplier and the world's second-largest memory chipmaker. It specializes in producing DRAM and NAND flash memory chips.
- Investment Focus Areas: Semiconductors, memory solutions, data storage.
- Notable Investments: Kioxia, Solidigm, SK Telecom.
- TSVC
- Details: TSVC, formerly known as TEEC Angel Fund, is a venture capital firm that invests in early-stage technology startups. It focuses on disruptive technologies and innovative business models.
- Investment Focus Areas: Artificial intelligence, healthcare, fintech, enterprise software.
- Notable Investments: Zoom, Carta, Ginkgo Bioworks.
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