We make the best chips physically possible for the large model needs of frontier labs.
Location: United States
Total raised: $580M
Investors 2
| Date | Name | Website |
| 26.10.2023 | Homebrew | homebrew.c... |
| 10.07.2025 | Spark Capi... | sparkcapit... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 02.03.2026 | Series B | $500M | Spark Capi... |
| 22.11.2024 | - | $80M | - |
Mentions in press and media 9
| Date | Title | Description |
| 02.03.2026 | MatX Inks $500 Million in Series B Funding | MOUNTAIN VIEW, CA, according to 'The Tech Buzz', MatX has raised $500 million in Series B funding, led by Jane Street and Situational Awareness. >> Click here for more funding data on MatX >> To export MatX funding data to PDF ... |
| 27.02.2026 | MatX Secures $500M: Redefining AI Chip Future for Large Language Models | MatX secured a monumental $500 million Series B funding. This capital turbocharges MatX One AI chip development. The specialized processor targets large language models exclusively. Its core is a revolutionary splittable systolic array arch... |
| 26.02.2026 | MatX: $500 Million Series B Raised To Accelerate MatX One LLM Chip Development | MatX, an AI chip startup founded by former Google hardware engineers, announced that it has raised a $500 million Series B funding round to complete development and scale manufacturing of its next-generation processor, the MatX One. The fun... |
| 24.02.2026 | Chip startup MatX raises $500M to speed up large language models Send us a News Tip EXTRACT THE SIGNAL FROM THE NOISE Cookies | MatX Inc., a chip startup founded by former Google LLC engineers, has raised $500 million in funding to bring its first product to market. Jane Street and Situational Awareness led the Series B investment. MatX stated today that they were j... |
| 26.11.2024 | The Rise of AI Startups: MatX and Boosted.ai Lead the Charge | In the bustling world of technology, artificial intelligence (AI) is the golden child. It’s a realm where innovation dances with investment, and two startups are stealing the spotlight: MatX and Boosted.ai. These companies are not just ridi... |
| 22.11.2024 | AI chip startup MatX reportedly raises $80M funding round Your vote of support is important to us and it helps us keep the content FREE. One click below supports our mission to provide free, deep, and... | MatX Inc., a chip startup led by former Google LLC engineers, has reportedly raised $80 million in fresh funding. TechCrunch today cited sources as saying that Anthropic PBC backer Spark Capital led the investment. The raise, which is descr... |
| - | MatX | “MatX designs hardware tailored for the world's best AI models: we dedicate every transistor to maximizing performance for large models.” |
| - | MatX | “MatX | MatX: high throughput chips for LLMs” |
| - | MatX | “Faster chips for LLMs” |