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MatX

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Designs AI hardware with optimized performance for LLMs

Mountain View, United StatesFounded 2022Semiconductors
Valuation $1–2.5B Last recorded · 2026
Headcount 100–500 Current team size
Total funding $500M–1B Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for MatX and the history behind them.

About MatX

MatX is a company that operates in the semiconductor industry, with a focus on developing hardware specifically for artificial intelligence models. The company's core product is a high-throughput chip designed to maximize the performance of large language models (LLMs).

The hardware is engineered to dedicate every transistor to this purpose, distinguishing it from more general-purpose processors. This specialization suggests a target market of organizations that develop or heavily utilize large-scale AI, such as tech companies, research institutions, and enterprises in the AI sector.

The company's approach also encompasses software and compiler development, as evidenced by their hiring in these areas. This indicates a full-stack approach to optimizing AI model performance, from the silicon to the code. Their research blog mentions JAX code, suggesting a focus on making their hardware accessible and programmable for machine learning engineers.

The business model appears to be centered on the design and sale of these specialized chips. Given the high demand for computational power for AI, MatX is positioned to capitalize on the growing need for efficient and powerful hardware for large models.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2022
Headquarters
Mountain View, United States
Employees
122
Open positions
19
Dealroom signal
95.7/100
Sector
Semiconductors, Core AI, Rumoured $1B, Semiconductor Designers and Manufacturers, AI Chips and Processors, AI Computing Infrastructure, NIF defense security and resilience, NIF Security of Critical Technologies, DT and LS
Technology
Artificial Intelligence, Hardware, Deep Tech, Machine Learning
Business model
Manufacturing
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Feb 2026 $500M $2B Marvell Technology · John Collison · NFDG · Situational Awareness ↗
SERIES AOther financing Nov 2024 $80M $300M Daniel Gross · Adam D’Angelo · Harpoon · Triatomic Capital ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

MatX website traffic

Latest recorded traffic for MatX is 28K monthly website visits, up 3.7% over the last three months. MatX's team grew 58.4% over the past year.

Latest monthly visits28K 3-month web change+3.7% 1-year team growth+58.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

13 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Series A11 investors entered at this stage

Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇺🇸 United States94%
🇫🇷 France3.6%
🇲🇦 Morocco1.2%
🇹🇼 Taiwan1.2%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about MatX on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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