MatX raised a $500M Series B to accelerate development of its AI chips.
- Amount
- $500M
- Stage
- Series B
- Announced
- 25 February 2026
- Leads
- Jane Street, Situational Awareness LP
- Other investors
- Spark Capital, Daniel Gross, Nat Friedman's fund, Patrick Collison, John Collison, Triatomic Capital, Harpoon Ventures, Andrej Karpathy, Dwarkesh Patel, Alchip
- Use of funds
- Wrapping up development, sca
- Checked
- Amount and date matched across 3 press sources