MatrixSpace Raises $10.1 Million in Funding  

by Kay Aloha Villamor August 16th, 2022

MatrixSpace, a Burlington, MA-based smart edge sensing solutions provider, announced that it completed $10.1 million in funding.

MatrixSpace funding is addressing the next generation of AI-enabled sensing solutions and already has early enterprise and government customers in place.

Company: MatrixSpace, Inc.

Raised: $10.1M

Round: Private Funding

Funding Month: Aug 2022

Lead Investors: Undisclosed 

Additional Investors: 

Company Website: https://matrixspace.com/

Software Category: AI-enabled sensing solutions

About the Company: MatrixSpace was founded in late 2019 in Burlington, Massachusetts, by a proven US-based leadership team from the RF, radar, artificial intelligence, and autonomous sectors. The ability of MatrixSpace to combine industry-leading sensing, AI edge processing, and RF transmission in real-time is a significant technological advance with numerous vertical market applications. The business is developing AI-powered real-time edge sensing to sense and detect objects, motion, and direction in any circumstance. Its mission is to make the emerging capabilities of AI useful to ordinary people.

Source: https://matrixspace.com/announcing-matrixspace-smart-edge-sensing-solutions-launches-with-industry-leadership-team-and-advisors-10-1m-funding/






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