MatX Overview

  • Year Founded
  • 2023

Year Founded

  • Status
  • Private

  • Employees
  • 92

Employees

  • Latest Deal Type
  • M&A
  • (Rumor/Speculation)

  • Latest Deal Amount
  • $7B

  • Investors
  • 32

MatX General Information

Description

Manufacturer of computer chips intended to build a computing platform for artificial general intelligence. The company specializes in building hardware by combining deep domain experience for large language models, graphics processing units, and other machine-learning models, enabling developers and programmers to make models an order of magnitude more useful.

Contact Information

Website
www.matx.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 444 Castro Street
  • Suite 600
  • Mountain View, CA 94041
  • United States
+1 (408)
Primary Industry
Application Specific Semiconductors
Other Industries
Computers, Parts and Peripherals
Vertical(s)
Big Data, Manufacturing, Artificial Intelligence & Machine Learning
Corporate Office
  • 444 Castro Street
  • Suite 600
  • Mountain View, CA 94041
  • United States
+1 (408)

MatX Timeline

202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

MatX Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 27-Aug-2026 $7B Rumor/Speculation Generating Revenue
4. Early Stage VC (Series B) 24-Feb-2026 Completed Generating Revenue
3. Early Stage VC (Series A) 22-Nov-2024 Completed Generating Revenue
2. Accelerator/Incubator $24.9M Completed Generating Revenue
1. Seed Round 19-Dec-2023 $24.9M $24.9M Completed Generating Revenue
To view MatX’s complete valuation and funding history, request access »

MatX Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A-1
Series A
Pre A-4
Pre A-3
Pre A-2
Pre A-1 123,747 $0.000010 $4.05 $4.05 1x $4.05 0.53%
Pre A 1,532,613 $0.000010 $9.79 $9.79 1x $9.79 6.58%
To view MatX’s complete cap table history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Request a free trial

MatX Patents

  • 12

    Total Documents Applications and Grants

  • Total Patents Families

  • 4

    Granted

  • 8

    Pending

  • Expiring in next 12 mo

MatX Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20260079766-A1 Load balancing Pending 13-Sep-2024
US-20260056739-A1 Large systolic arrays in ai processors Pending 20-Aug-2024
WO-2026043813-A1 Large systolic arrays in ai processors Pending 20-Aug-2024
US-12632219-B2 Quantization and low precision ai processor Active 20-Aug-2024
US-20260056710-A1 Quantization and low precision ai processor Active 20-Aug-2024 G06F7/523
To view MatX’s complete patent history, request access »

MatX Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

MatX Investors (32)

Investor Name Investor Type Holding Investor Since Participating Rounds
Alchip Technologies Corporation Minority
Angel (individual) Minority
Cleo Ventures (paris) Venture Capital Minority
Angel (individual) Minority
Angel (individual) Minority
You’re viewing 5 of 32 investors. Get the full list »

Ready to get started?

Request a free trial

MatX FAQs

  • When was MatX founded?

    MatX was founded in 2023.

  • Where is MatX headquartered?

    MatX is headquartered in Mountain View, CA.

  • What is the size of MatX?

    MatX has 92 total employees.

  • What industry is MatX in?

    MatX’s primary industry is Application Specific Semiconductors.

  • Is MatX a private or public company?

    MatX is a Private company.

  • What is the current valuation of MatX?

    The current valuation of MatX is .

  • What is MatX’s current revenue?

    The current revenue for MatX is .

  • How much funding has MatX raised over time?

    MatX has raised $648M.

  • Who are MatX’s investors?

    Alchip Technologies, , Cleo Ventures (paris), , and are 5 of 32 investors who have invested in MatX.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process