Latest round

Series B

Last raised

Feb 2026

Total raised

$648M

Investors

13

About MatX

a. MatX operates as a hardware design company that focuses on designing high-throughput chips tailored for large language models (LLMs) used in artificial intelligence. In February 2026, MatX Inc., Harpoon Ventures, Triatomic Capital, and Spark Capital. The company provides hardware products for large models, prioritizing performance per dollar and competitive latency. Targeting transformer-based models with billions of activated parameters, MatX hardware supports multiple users for inference and training FLOPs. The firm’s hardware products deliver 10× more computing power, which enables developers and programmers to enhance the efficiency, speed, and affordability of AI applications.

Who invested in MatX

13 investors across 3 rounds

See all investors in MatX

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series B

    Feb 18, 2026

    Amount

    $528M

    Investors

    Locked

  2. Series A

    Nov 22, 2024

    Amount

    $95M

    Investors

    Locked

  3. Seed

    Mar 26, 2024

    Amount

    $25M

    Investors

    Locked

Questions about MatX

Who invested in MatX?

MatX has 13 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has MatX raised?

MatX has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did MatX last raise money?

MatX's most recent round on record is a Series B, in Feb 2026.

What does MatX do?

MatX is a hardware company.

Where is MatX headquartered?

MatX is headquartered in Covina, US.

Which VCs invest in companies like MatX?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back hardware companies at MatX's stage. Their profiles are linked below.

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