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d-Matrix

d-Matrix

Private
Santa Clara, CaliforniaAI, Data & Cloud Infrastructurehttps://www.d-matrix.ai/

Last Round

Series C

Nov 12, 2025

Est. Valuation

$2B

Total Funding Raised

$429M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

d-Matrix is a semiconductor company that develops a computing platform for generative artificial intelligence and large language models, utilizing innovative in-memory computing techniques to enhance memory-compute integration and improve computing efficiency for data centers.

Sector

AI, Data & Cloud Infrastructure

Verticals

Semiconductors, Computing Hardware, Cloud Infrastructure

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Infrastructure

Keywords

ai inferencein-memory computingai chipai acceleratorllm inferencememory walldatacenter acceleratorinference orchestrationgenerative ai hardwaretoken generationrack-scale aiai infrastructurefabless semiconductorrisc-v acceleratorai hardware startup

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Track how buyer interest and sentiment changes over time.

d-Matrix Comparables

Compare d-Matrix with similar companies based on industry and business-model similarity.

d-Matrix comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Fractile
88%
Tensordyne
87%
Tenstorrent
86%

d-Matrix Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series CNov 12, 2025
Series BSep 6, 2023
Series AApr 20, 2022

Secondary Market Activity

Bids, offers, and trades by month

Data table
OperationDatePriceSizeShare ClassStructure
BID

Key People

Founding team and executive leadership

Sid Sheth

Founder | President | CEO

Founding Team

Mani Subramaniyan

Architect (CTO office)

Executive Team

d-Matrix Investors

Notable investors and investment history

d-Matrix investors
InvestorRounds
Playground VenturesSeries B, Series A
TemasekSeries B, Series C
3F VenturesSeries B
Mirae AssetSeries C, Series B
Triatomic CapitalSeries C, Series B
Playground GlobalSeries B, Series A
Cortes CapitalSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 1, 2026

    Partnered with Aircover Communications for external PR.

  • May 1, 2026

    Flagship inference accelerator, Corsair, is in full production and shipping.

Recent news

Latest coverage and updates

  • launchesOct 13, 2026

    D-Matrix Corp. launches Squadron, a fleet of multi-rack systems that delivers efficient, low-latency AI inference compute at data center scale, during its keynote at OCP Global Summit in California on Oct 12th '26; Squadron ships to priority customers, while Corsair servers and SquadRacks are generally available.

  • launchesOct 12, 2026

    D-Matrix Corp. announces Squadron, multi-rack compute clusters for megawatt-scale, ultra-low-latency AI inference, at OCP Global Summit in California on Oct 12th '26; the systems ship to priority customers and the Corsair servers and SquadRacks are generally available.

  • attends_eventOct 12, 2026

    D-Matrix Corp. attends OCP Global Summit in California on Oct 12th '26, where its CEO unveils d-Matrix Squadron during a keynote.

  • recognized_asOct 6, 2026

    Fast Company recognizes D-Matrix Corp.'s Corsair AI data center platform as Foundational AI Technology on its Next Big Things in Tech list in California on Oct 6th '26.

  • recognized_asOct 6, 2026

    D-Matrix Corp.'s Corsair Inference Platform is named Foundational AI Technology on Fast Company's Next Big Things in Tech list in California on Oct 6th '26, recognizing its memory-centric design as it ships to priority customers.

d-Matrix Filings

Explore SEC and related filing metadata, where available.

d-Matrix filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about d-Matrix's valuation, stock price, and market status.

Is d-Matrix a public or private company?

d-Matrix is a private company.

What is the current stock price of d-Matrix?

d-Matrix is a private company, so its shares have no public market price. Caplight tracks d-Matrix's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is d-Matrix worth (valuation)?

d-Matrix's valuation is estimated at $2.0B based on funding round data.

Can I buy d-Matrix stock?

d-Matrix shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was d-Matrix's last funding round?

d-Matrix's most recent funding round was Series C on November 12, 2025.

Who are the main investors in d-Matrix?

Key investors in d-Matrix include Playground Ventures, Temasek, Triatomic Capital, Playground Global, Bullhound Capital.

Will d-Matrix IPO soon?

No public IPO plans have been announced for d-Matrix.

How can I track d-Matrix secondary market activity?

Caplight tracks bids, offers, and trades in d-Matrix's shares on secondary markets.

Firmographic Details

HeadquartersSanta Clara, California
Employee Range248
Year Founded2019
Last FundingNov 12, 2025

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