QIA Joins d-Matrix’s $275M Funding Round
The Qatar Investment Authority (QIA) has joined a $275 million funding round for d-Matrix, a U.S.-based AI chip and inference-compute startup. The round included participation from leading global investors such as Microsoft, Temasek, and several top-tier international investment funds.
The investment aims to accelerate d-Matrix’s global expansion and strengthen its capabilities in developing AI inference acceleration platforms designed to deliver higher efficiency, superior performance, and significantly reduced power consumption across data centers. With the new capital, the company plans to support large-scale deployments for sovereign entities, hyperscalers, and enterprise customers worldwide.
QIA’s participation reflects the fund’s continued commitment to backing advanced technologies, AI-driven innovation, and sustainable energy solutions within cloud infrastructure and digital transformation sectors.
Valued at USD 2 billion and bringing its total funding to $450 million, d-Matrix will use the new capital to advance its product roadmap, accelerate international growth, and support multiple large-scale deployments of its high-performance, energy-efficient inference platform tailored for hyperscale, enterprise, and sovereign clients.
The oversubscribed round drew strong interest from Europe, North America, Asia, and the Middle East. It was co-led by a global consortium including Bullhound Capital, Triatomic Capital, and Temasek, with new investors such as QIA and EDBI, alongside follow-on participation from M12 (Microsoft’s venture fund), Mirae Asset, Industry Ventures, and Nautilus Venture Partners.
d-Matrix’s full-stack inference platform delivers a breakthrough combination of compute-memory integration, high-speed networking, and inference-optimized software. The result is 10× higher performance, 3× lower cost, and 3–5× better energy efficiency compared to GPU-based systems.
This dramatic improvement in efficiency directly addresses the global AI sustainability challenge, enabling a single data center to handle workloads equivalent to ten traditional centers, ultimately reducing global energy consumption while helping enterprises deliver profitable and scalable AI services.
Sid Sheth, CEO and co-founder of d-Matrix, said:
"From day one, d-Matrix has been uniquely focused on inference… (full quote remains unchanged)"
Investor confidence continues to grow as d-Matrix expands its differentiated technology stack, customer base, and partnerships — including the newly announced d-Matrix SquadRack™ open standards-based reference architecture developed with Arista, Broadcom, and Supermicro. With innovations such as 3D memory stacking and a customer-centric go-to-market strategy, d-Matrix is positioning itself as a foundational pillar of the next-generation AI infrastructure ecosystem.
