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DG Matrix

dgmatrix.com ↗
PROCESS SCHEMATIC · POWER / GRID / SOLID-STATE TRANSFORMERS LIVE
Founded
2022
Stage
SERIES A
Raised
$100M
HQ
RALEIGH, NC
Layer
COMPONENTS

Solid-state transformers for AI data centers, EVs, and microgrids.

Funding history

RoundAmountDateLead
Seed$20M2025-03Clean Energy Ventures
Series A$60M2026-02Engine Ventures
Upstream
Wide-bandgap power semiconductors (technology from NC State's FREEDM Systems Center)
Downstream
AI data centersEV fleet charging and microgrid operators
Related
American TurbinesAyr EnergyAetherfluxBase Power

Sources

DG Matrix Closes $60 Million Series A to Scale Next-Generation Power Infrastructure ↗DG Matrix raises $60M to make data center power smarter (TechCrunch) ↗DG Matrix Raises $20 Million to Revolutionize Global Energy Infrastructure (company press release, March 2025) ↗