# d-Matrix

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/d-matrix

- Industry: Semiconductors
- Headquarters: Santa Clara, US
- Website: www.d-matrix.ai/
- Total disclosed funding: $412M
- Latest round: Series C (Nov 12, 2025)
- Investors on record: 17

## About

Based in California, US, and founded in 2019 by Siddharth Sheth and Sudeep Bhoja, d-Matrix Corporation operates as a developer of an AI computing platform. In November 2025, d-Matrix Corp. raised USD 275 million in series C funding co-led by Temasek Holdings, GP Bullhound and Triatomic Capita, including Qatar Investment Authority, EDBI, M12, Nautilus Venture Partners, Industry Ventures, and Mirae Asset Capital.

D-Matrix Corporation provides a computing platform designed to target artificial intelligence inferencing workloads in the data center. The company develops a silicon chip NighthawkTM based on DIMC technology along with an AI platform that uses various ML tools for the integration of multiple programming engines.

The company plans to utilize the November 2025 funding to advance its roadmap, expand globally, and support large-scale AI platform deployments.

## Funding rounds

- Series C, Nov 12, 2025, $275M — Temasek Holdings, Industry Ventures, Qatar Investment Authority, M12, Nautilus Venture Partners, GP Bullhound, Triatomic Capital, Mirae Asset Capital, EDBI
- Series B, Sep 6, 2023, $100M — Temasek Holdings, Microsoft, Samsung Venture Investment, M12, Nautilus Venture Partners, Playground Ventures, Entrada Ventures
- Series A, Apr 20, 2022, $37M — Marvell Technology Group Ltd., SK Hynix, M12, Nautilus Venture Partners, Playground Global, LLC, Entrada Ventures
- Seed, Jan 13, 2021 — Marvell Technology Group Ltd., TSVC, Nautilus Venture Partners, Entrada Ventures

## Investors

- Marvell Technology Group Ltd. — Seed, Series A
- TSVC (https://capitalatlas.ai/funds/tsvc) — Seed
- Nautilus Venture Partners (https://capitalatlas.ai/funds/nautilus-venture-partners) — Seed, Series A, Series B, Series C
- Entrada Ventures (https://capitalatlas.ai/funds/entrada-ventures) — Seed, Series A, Series B
- SK Hynix — Series A
- M12 (https://capitalatlas.ai/funds/m12) — Series A, Series B, Series C
- Playground Global, LLC — Series A
- Temasek Holdings — Series B, Series C
- Microsoft — Series B
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series B
- Playground Ventures (https://capitalatlas.ai/funds/playground-ventures) — Series B
- Industry Ventures (https://capitalatlas.ai/funds/industry-ventures) — Series C
- Qatar Investment Authority (https://capitalatlas.ai/funds/qatar-investment-authority) — Series C
- GP Bullhound (https://capitalatlas.ai/funds/gp-bullhound) — Series C
- Triatomic Capital (https://capitalatlas.ai/funds/triatomic-capital) — Series C
- Mirae Asset Capital (https://capitalatlas.ai/funds/mirae-asset-capital) — Series C
- EDBI — Series C