d-Matrix Secures $110M Series B Funding for Generative AI Compute
d-Matrix specializes in generative AI compute for data centers, particularly digital in-memory computing (DIMC) solutions for transformer and generative AI inference acceleration.
Company Name: d-Matrix - get early access
Location: Santa Clara, CA (with offices in Bengaluru, India, and Sydney, Australia)
Business Focus: Specializes in generative AI compute for data centers, particularly digital in-memory computing (DIMC) solutions for transformer and generative AI inference acceleration.
Funding Details:
- Amount: $110M in Series B funding
- Lead Investor: Temasek
- Other Participants: Industry Ventures, Ericsson Ventures, Marlan Holdings, Mirae Asset, Cortes Capital, Archerman Capital, TGC Square, Lam Capital, Samsung Ventures, along with existing investors such as Playground Global, M12 (Microsoft Venture Fund), Nautilus Venture Partners, and Entrada Ventures.
Purpose of Funding:
- Commercialize Corsair, a digital-in memory compute (DIMC), chiplet-based inference compute platform. This follows the previous launches of the company's Nighthawk, Jayhawk-I, and Jayhawk II chiplets.
"This is capital that understands what it takes to build a semiconductor business" - Sid Sheth, CEO
Background:
Company Description: Under the leadership of CEO Sid Sheth, d-Matrix is at the forefront of digital in-memory computing, providing solutions that cater to the growing need for transformer and generative AI inference acceleration. The company employs advanced DIMC circuit techniques, coupled with a chiplet-based architectural approach. This setup is further enhanced by high-bandwidth BoW (chiplet) interconnects and a comprehensive stack of machine learning tools and software, ensuring inference is executed efficiently at scale.
Product Line: The company has previously launched the Nighthawk, Jayhawk-I, and Jayhawk II chiplets. The next in their product lineup is the Corsair, which they plan to commercialize with the funds raised in the current Series B round.