MatX Inc.
MatX Inc. develops high-throughput chips designed for large language models (LLMs), focusing on achieving the best possible physical performance for frontier labs.
Funding history
About MatX Inc.
How much funding has MatX Inc. raised?
MatX Inc. has raised $119.9M in total funding. The most recent round was Series B.
Where is MatX Inc. headquartered?
MatX Inc. is headquartered in Covina, CA.
What does MatX Inc. do?
MatX Inc. develops high-throughput chips designed for large language models (LLMs), focusing on achieving the best possible physical performance for frontier labs.
What makes MatX Inc. notable?
AI chip startup founded by former Google hardware engineers Reiner Pope and Mike Gunter; it raised a $500M Series B in early 2026 led by Jane Street and Situational Awareness Fund (founded by an ex-OpenAI researcher), after an earlier ~$80M Series A.
Leadership
Related terms
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Free to use in articles, research, and reference works. Stable URL, will not change. Data on this page last updated September 3, 2026.
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