Exclusive: MatX, chip startup founded by Google alums, raised Series A at valuation of $300M+, sources say

Exclusive: MatX, chip startup founded by Google alums, raised Series A at valuation of $300M+, sources say

MatX, a startup designing chips that support large language models, has raised a Series A of approximately $80 million, three sources say, less than a year after raising its $25 million seed round.  Spark Capital led the investment, valuing the company at a pre-money valuation in the mid-$200 million range and a post-money valuation in […] © 2024 TechCrunch. All rights reserved. For personal use only.

AI chip startup MatX reportedly raises $80M funding round

Maria Deutscher 2024-11-22 17:02:00 siliconangle.com MatX Inc., a chip startup led by former Google LLC engineers, has reportedly raised $80 million in fresh funding. TechCrunch today cited sources as saying that Anthropic PBC backer Spark Capital led the investment. The raise, which is described as a Series B round, reportedly values MatX at more than $300 million. Source

AI chip startup MatX reportedly raises $80M funding round - SiliconANGLE

MatX Inc., a chip startup led by former Google LLC engineers, has reportedly raised $80 million in fresh funding. TechCrunch today cited sources as saying that Anthropic PBC backer Spark Capital led the investment. The raise, which is described as a Series B round, reportedly values MatX at more than $300 million. The milestone comes […] The post AI chip startup MatX reportedly raises $80M funding round appeared first on SiliconANGLE.

AI chip startup MatX, founded by Google alums, raises Series A at $300M+ valuation, sources say

MatX, a startup designing chips that support large language models, has raised a Series A of approximately $80 million, three sources say, less than a year after raising its $25 million seed round.  Spark Capital led the investment, valuing the company at a pre-money valuation in the mid-$200 million range and a post-money valuation in […] © 2024 TechCrunch. All rights reserved. For personal use only.

Sources: MatX, which designs chips to train LLMs, raised a ~$80M Series A led by Spark Capital, at a ~$300M valuation, after raising a $25M seed in March

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