MatX
About
MatX is an AI chip startup founded by two former Google hardware engineers. The company aims to develop processors that are 10 times more efficient than Nvidia's GPUs for training Large Language Models (LLMs) and delivering results. They plan to start shipping their chips, produced with TSMC, in 2027.
Key facts
At-a-glance profile data
- Website
- matx.com
- Founded
- 2023
- Total funding
- $620M (Series B)
- Business model
- B2B
Funding rounds
| Date | Round | Amount | Post-money | Lead investors |
|---|---|---|---|---|
| 24 Feb 2026 | Series B | $500M | - | Jane Street, Situational Awareness |
| 22 Nov 2024 | Series A | $95M | $300M | - |
| 4 Dec 2023 | Seed | $25M | - | - |
Tech stack
Detected on matx.com, last scanned 2 Sept 2026. Run your own scan
- Analytics
- Plausible
- CDN
- Vercel
- Email provider
- Google Workspace
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Frequently asked
How much funding has MatX raised?
MatX has raised a total of $620M in funding. The most recent round on record is Series B.