An index of frontier and emerging AI labs.
AI compute hardware
AI inference-compute company building digital in-memory compute accelerators for generative AI data centers. Closed a $275M Series C in November 2025 at a $2B valuation.
| Name | d-Matrix |
|---|---|
| Aliases | dMatrix |
| Space | AI compute hardware |
| Founded | 2019 |
| Latest valuation | $2B(confirmed) |
| Stage | — |
| Status | active |
| HQ | Santa Clara |
| Founders | Sid Sheth, Sudeep Bhoja |
| Website | https://www.d-matrix.ai |
| Careers | https://www.d-matrix.ai/careers |
| — | |
| X / Twitter | — |
| Date | Round | Amount ($M) | Valuation | Confidence | Source |
|---|---|---|---|---|---|
| — | — | — | $2B | reported | — |
No founders recorded yet. Submit info.
| Date | Type | Title | Source |
|---|---|---|---|
| 2026-06-14 | added | d-Matrix added to tracker Latest valuation: $2B. | — |
No sources cited.
| Lab | Valuation | Founded |
|---|---|---|
| Cerebras Systems | ~$56B (mkt cap) | 2016 |
| Groq | ~$6.4B | 2016 |
| Etched | $5B | 2022 |
| Unconventional AI | $4.5B | 2025 |
| Celestial AI | $3.25B (acq.) | 2020 |
| Tenstorrent | ~$3.2B | 2016 |
| Hailo | $1.2B | 2017 |
| Lightmatter | $1.2B | 2017 |