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d-Matrix Funding Rounds & Valuation History (2022–2025)

Private Valuation & Funding Round Tracker · d-Matrix

d-Matrix funding rounds & valuation history

d-Matrix, the Santa Clara chip company whose Corsair digital in-memory-compute accelerators target fast, efficient AI inference in data centres. Funding from the Series A (Apr 2022) to the Series C (Nov 2025), sourced to d-Matrix and DatacenterDynamics.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 3 Currency: US$, nominal
Last closed round Closed
$2B
$275M Series C, Nov 2025
Raised in rounds listed
$429M
Sum of 3 closed rounds with a disclosed amount (GNF calc.)
Largest round
$275M
Series C, Nov 2025
Closed rounds listed
3
Apr 2022 to Nov 2025

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 3 of 3 rows
d-Matrix funding rounds, Apr 2022 to Nov 2025
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Series C
$275M
BullhoundCapitalWith: Triatomic Capital, Temasek
$2BStated by d-Matrix
—Not disclosedNo run-rate stated in the announcement
Closed round
Series B
$110M
Temasek
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Closed round
Series ARound size per d-Matrix; Playground Global, M12 and SK Hynix joined existing investors Nautilus, Marvell and Entrada.
$44M
Playground Global
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

Amount raised in each closed round

Amounts raised, not valuations: fewer than two closed rounds have a disclosed valuation.

Sources: d-Matrix, DatacenterDynamics. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. 20 Apr 2022 · Closed

    Series A: $44M led by Playground Global.

  2. 6 Sep 2023 · Closed

    Series B: $110M led by Temasek.

  3. 12 Nov 2025 · Closed

    Series C: $275M at $2B led by BullhoundCapital.

Still private: d-Matrix has not filed for an IPO and has not been acquired. DatacenterDynamics reported in October 2026 that NVIDIA plans to invest, following July 2026 reports of a new raise targeting a $5 billion valuation (not closed; not shown as a round).

Cite this dataset

Free to quote with a link back. Copy this citation:

d-Matrix Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 14 Nov 2026. https://growthnavigatefunding.net/funding/d-matrix/

Download the data

The same 3 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
d-matrix-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/d-matrix-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

The seed round, and the reported 2026 raise and NVIDIA investment (not announced as closed).

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (AI-50 batch, not yet published).

Sources

  1. d-Matrix: d-Matrix Raises $275 Million to Power the Age of AI Inference, 12 Nov 2025
  2. DatacenterDynamics: Report: Nvidia plans to invest in inference chip startup d-Matrix, 9 Oct 2026
  3. d-Matrix: d-Matrix Announces $110 Million in Series B Funding, 6 Sep 2023
  4. d-Matrix: d-Matrix Announces $44 Million in Funding to Build a One-of-a-Kind Compute Platform, 20 Apr 2022