MATRIX Industries
Latest round
- Seed
Last raised
- Nov 2011
Total raised
- $1.6M
Investors
- 1
About MATRIX Industries
MATRIX Industries, Inc.MATRIX Industries focuses on creating self-powered solutions for health and security applications. Founded by Akram Boukai, the company is headquartered in Menlo Park, US.MATRIX Industries specializes in self-powered solutions designed for health and security applications. The company's core product offerings include Perceptive, a health wearable that harnesses body heat and solar energy for power, effectively eliminating the need for battery charging. Perceptive is particularly suited for eldercare in nursing homes and assisted living facilities, as it seamlessly connects to the cloud to provide critical health metrics without requiring an app or smartphone. The second flagship product, Proximity, serves as an underground early-warning security system, utilizing Matrix’s proprietary energy harvesting technology to detect and differentiate between humans, vehicles, and animals without maintenance requirements.MATRIX Industries generates revenue through direct sales of its innovative products to institutional clients, including healthcare facilities and security organizations. The financial structure is based on direct transactions where clients purchase Perceptive and Proximity devices, typically as one-time purchases or through contractual agreements for ongoing service and maintenance support. The company positions these products at a premium due to their advanced technology and maintenance-free operation. The revenue model may also include partnerships with organizations that integrate MATRIX's solutions into their existing health monitoring or security systems.MATRIX Industries is focused on expanding its product line and market reach. The company is designing new products aimed at enhancing health monitoring and security functionalities, with anticipated launches expected in the upcoming years. Furthermore, MATRIX plans to expand its operations into new markets including Asia and South America by 2025.
Who invested in MATRIX Industries
1 investor across 1 round
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Funding rounds
Seed
Nov 8, 2011
Amount
$1.6M
Investors
Questions about MATRIX Industries
Who invested in MATRIX Industries?
MATRIX Industries has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has MATRIX Industries raised?
MATRIX Industries has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did MATRIX Industries last raise money?
MATRIX Industries's most recent round on record is a Seed, in Nov 2011.
What does MATRIX Industries do?
MATRIX Industries is a semiconductors company.
Where is MATRIX Industries headquartered?
MATRIX Industries is headquartered in Menlo Park, US.
Which VCs invest in companies like MATRIX Industries?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back semiconductors companies at MATRIX Industries's stage. Their profiles are linked below.
VCs backing semiconductors startups at Seed
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