# DG Matrix

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

- Industry: Power & Utilities
- Headquarters: Morrisville, US
- Website: www.dgmatrix.com
- Total disclosed funding: $43M
- Latest round: Series A (Feb 18, 2026)
- Investors on record: 11

## About

DG Matrix Inc. is a technology company specializing in advanced power electronics and solid-state transformer systems that modernize energy infrastructure and improve how electricity is delivered, managed, and scaled for high-demand applications such as AI data centers, microgrids, and electrification. DG Matrix Inc. was established in 2022 in Morrisville, US, focusing on developing next-generation solid-state power conversion and transformer platforms for energy infrastructure, including data center power delivery, microgrids, and EV/fleet charging ecosystems.
In February 2026, DG Matrix Inc. raised USD 30 million in series A funding led by Engine Ventures, with participation from Helios Climate Ventures, Mitsubishi Heavy Industries, Ltd., Fine Structure Ventures, MCJ, Sabanci Ventures, Piedmont Capital Management, Clean Energy Ventures, Chevron Technology Ventures, Cerberus Capital Management, and ABB Technology Ventures.
DG Matrix specializes in solid-state power routing and transformer technology designed to simplify, accelerate, and enhance power distribution in complex electrical environments. Their core product offerings include the Interport™ platform (also described as its Power Router system), a multi-port solid-state transformer architecture that integrates multiple AC and DC sources and loads with bidirectional power flow, replacing traditional combinations of transformers, switchgear, rectifiers, and inverters with a compact, software-defined power system.
The platform caters to sectors such as AI and hyperscale data centers, distributed energy/microgrids, and fleet and EV charging infrastructure, addressing critical challenges in areas like grid constraints, power density, deployment speed (“time to power”), reliability, and integration of varied energy sources and loads. Their client base encompasses enterprise and infrastructure customers and partners deploying next-generation power systems, including organizations building or operating power-intensive infrastructure where electrification and AI-driven demand are rapidly increasing, particularly in North America and other global markets.
Throughout its product lifecycle, DG Matrix has continuously updated its offerings, advancing power density, modularity, and deployment readiness to keep pace with evolving energy infrastructure requirements and commercialization needs.
DG Matrix generates revenue primarily through commercialization and deployment of its hardware-based solid-state transformer/power routing systems and related implementation, integration, and support arrangements typical of energy infrastructure technology providers, rather than a subscription-based analytics software model. In addition to system deployments, DG Matrix may engage in strategic partnerships with industrial and energy ecosystem participants to accelerate commercialization and broaden market reach for solid-state power infrastructure solutions.
The company will use the February 2026 funding to scale manufacturing and supply chain operations, hire engineering, sales, and field teams, complete required certifications, and deploy its solid-state transformer systems for AI data centers and electrification projects.

## Funding rounds

- Series A, Feb 18, 2026, $30M — Cerberus Capital Management, Chevron Technology Ventures, ABB Technology Ventures, Mitsubishi Heavy Industries, Engine Ventures, Clean Energy Ventures, MCJ, Fine Structure Ventures, Sabanci Ventures, Helios Climate Ventures, Piedmont Capital Investments
- Seed, Dec 18, 2024, $13M — Cerberus Capital Management, Chevron Technology Ventures, ABB Technology Ventures, Clean Energy Ventures, Piedmont Capital Investments

## Investors

- Cerberus Capital Management (https://capitalatlas.ai/funds/cerberus-capital-management) — Seed, Series A
- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Seed, Series A
- ABB Technology Ventures (https://capitalatlas.ai/funds/abb-technology-ventures) — Seed, Series A
- Clean Energy Ventures (https://capitalatlas.ai/funds/clean-energy-ventures) — Seed, Series A
- Piedmont Capital Investments (https://capitalatlas.ai/funds/piedmont-capital-investments) — Seed, Series A
- Mitsubishi Heavy Industries — Series A
- Engine Ventures (https://capitalatlas.ai/funds/engine-ventures) — Series A
- MCJ (https://capitalatlas.ai/funds/mcj) — Series A
- Fine Structure Ventures (https://capitalatlas.ai/funds/fine-structure-ventures) — Series A
- Sabanci Ventures (https://capitalatlas.ai/funds/sabanci-ventures) — Series A
- Helios Climate Ventures (https://capitalatlas.ai/funds/helios-climate-ventures) — Series A