MatX
MA
MatX designs high-performance chips purpose-built for large language model training and inference, founded in 2022 by Reiner Pope and Mike Gunter (ex-Google TPU) in Mountain View.
Founded by Reiner Pope (Co-founder, CEO), Mike Gunter (Co-founder, CTO)
Blended valuation$6.1B$6.1B secondary
Valuation history
Weekly blended valuation with priced funding rounds marked on the timeline.
$6.5B
blended valuationfunding round
Nov 18, 2024$0Oct 5, 2026
All rounds
3 funding rounds, newest first.
| Round | Announced | Raised | Post-money |
|---|---|---|---|
| Series B | Feb 24, 2026 | $500M | — |
| Series A | Nov 22, 2024 | $80M | $300M |
| Seed | Mar 26, 2024 | $25M | — |
Investors
12 investors across all rounds.
- NFNat Friedman
- SCSpark Capital
- HAHarpoon
- JCJohn Collison
- NVNFDG Ventures
- PCPatrick Collison
- JSJane Street
- SASituational Awareness
- MTMarvell Technology
- TCTriatomic Capital
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Secondary market activity
Recent buy and sell interest for MatX shares on the secondary market.
| Kind | Implied valuation | Price / share | Date |
|---|---|---|---|
| $6.3B | $180.00 | Sep 23, 2026 | |
| $6.3B | $180.00 | Sep 22, 2026 | |
| $6.3B | $180.00 | Sep 14, 2026 |
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Data as of Oct 14, 2026. Valuations are estimates blended from primary and secondary-market signals — not investment advice.