D-Matrix Secures $275M Series C Funding at $2B Valuation

Why It Matters

The sizable funding highlights strong market confidence in purpose‑built AI inference hardware as enterprises seek faster, cheaper and more energy‑efficient alternatives to GPUs, positioning d‑Matrix to capture a growing share of the data‑center AI workload market.

Deal Summary

Santa Clara‑based d-Matrix announced a $275 million Series C round, valuing the generative AI inference compute provider at $2 billion. The round was co‑led by Bullhound Capital, Triatomic Capital and Temasek, with participation from QIA, EDBI, M12, Microsoft’s Venture Fund and several other investors. The capital will fund global expansion and large‑scale deployments.