d-Matrix Raises $110 Million

d-Matrix is an AI chip startup that enables the automatic exploration and synthesis of complex chip architectures. By combining deep learning techniques with traditional chip design principles, D-Matrix has created a game-changing platform that allows for the rapid creation and optimization of AI chips. Leveraging generative intelligence, their platform can explore a vast design space, considering numerous parameters and constraints simultaneously. 

d-Matrix has raised $110 million a Series B funding round led by Singapore-based global investment firm Temasek. Other investors in the new round include Playground Global, M12, Nautilus Venture Partners, Entrada Ventures, Industry Ventures, Ericsson Ventures, Marlan Holding, Mirae Asset, Cortes Capital, Archerman Capital, TGC Square, Lam Capital, and Samsung Ventures. In total, d-Matrix has raised $154 million till that moment.

d-Matrix, Santa Clara, California, United States, was founded in 2019 by Sid Sheth and Sudeep Bhoja. “The team at D-Matrix is changing the cost economics of deploying AI inference with a compute solution purpose-built for LLMs, and this round of funding validates our position in the industry,” said co-founder and CEO Sid Sheth. “The promise of generative AI is currently unattainable due to the high cost of inference, and with today’s announcement and our funding infusion, we will be able to bring a commercially viable solution to market faster than anyone else in the space,” he added.

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