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MatX

1 viewer · 30d

Total raised

$527.9M

+$527.9M this year

1 filing since 2026 · latest Equity filed

Cumulative raised
LAST ROUND
Equity · $527.9M
ROUNDS
1
INVESTORS
23
FOUNDED
2023
HQ
Mountain View, CA
SECTOR
Other Technology
EMPLOYEES
N/A
30D VIEWERS
1

AI overview

Updated

MatX is an artificial intelligence hardware startup founded in 2022 by former engineers from Google's Tensor Processing Unit (TPU) team. The company designs and develops high-throughput AI accelerator chips and systems specifically optimized for large language models (LLMs). It aims to address the market's chip shortages and provide a more powerful, cost-effective alternative to general-purpose GPUs for both training and inference tasks.

What sets it apart

The company's key differentiators include its founding team's expertise from Google's TPU project and its focus on advanced interconnect technology, which it claims will deliver 10x better performance for the largest AI models by enabling superior scaling across large clusters.

Funding history

1 round
EquityFeb 18, 2026
Form D
+$527.9M$527.9M total

Latest SEC filings

via EDGAR · CIK 0002004726
Form D · Feb 18, 2026View on EDGAR

Products

1 tracked

AI Accelerator Chips and Systems

AI Accelerator Hardware

MatX's core offering consists of specialized AI accelerator chips engineered for transformer-based large language models. The hardware is designed to support both the training and inference phases for models starting at 7 billion parameters, with an optimal performance target for models of 20 billion parameters or more.

  • High-throughput processing optimized for LLMs
  • Advanced interconnects for superior scaling to large clusters
  • Designed to offer high performance at a lower cost than general-purpose GPUs
  • Supports both training and inference workloads