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.

Raised: $44.0M

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.     

Source:https://www.businesswire.com/news/home/20220420005117/en/d-Matrix-Announces-44-Million-in-Funding-to-Build-a-One-of-a-Kind-Compute-Platform-Targeted-for-At-Scale-Transformer-AI-Datacenter-Inference