d-Matrix, a Santa Clara, CA-based leader in high-efficiency AI compute for data centers, closed $44 million in Series A funding.
The round was led by US-based venture capital firm Playground Global, with participation from M12 (Microsoft Venture Fund), & SK Hynix, existing investors Nautilus Venture Partners, Marvell Technology, and Entrada Ventures also participated in the round.
This investment will enable d-Matrix to build out its product roadmap and grow its team across the United States, Australia, and India— which currently consists of 50+ members, 30% of whom are PhDs, representing a mix of both operational and technical experience.
d-Matrix is also announcing its silicon chiplet NighthawkTM based on DIMC technology, a first-of-its-kind approach in the race to solving compute efficiency.
Company: d-Matrix Corp.
Round: Series A
Funding Month: April 2022
Lead Investors: Playground Global
Additional Investors: M12 (Microsoft Venture Fund), & SK Hynix, Nautilus Venture Partners, Marvell Technology, and Entrada Ventures
Company Website: https://www.d-matrix.ai/
Software Category: AI Computing Platform
About the Company: d-Matrix is building a new way of doing datacenter AI inferencing using in-memory computing (IMC) techniques with chiplet level scale-out interconnects. Founded in 2019, d-Matrix has attacked the physics of memory-compute integration using innovative circuit techniques, ML tools, software, and algorithms; solving the memory-compute integration problem, which is the final frontier in AI compute efficiency.