MatX

Computers, Parts and Peripherals · Mountain View, CA · Founded 2023 · Privately Held (backing)

Manufacturer of computer chips intended to build a computing platform for artificial general intelligence. MatX is based in Mountain View, CA and was founded in 2023. It was valued at $362 million at its early-stage round in Nov 2024, the last priced event on record. It has raised $620 million across 1 recorded round; the latest was a $95 million Series A in Nov 2024.

PMV mark · valuation
$362.0M
Oct 2026
Priced at
its early-stage round
Nov 2024
Total raised
$619.9M
Last round
Early Stage VC (Series A)
Nov 2024
What is MatX worth?
$362.0MPrivateMarketView mark · Oct 2026

Valued at $362.0M at its early-stage round, Nov 2024. Nothing has traded since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Markrounds hold their value until the next priced eventMark, today
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MatX funding history

1 rounds
DateRoundRaisedPost-money
Nov 2024Early Stage VC (Series A)$95.0M▮
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MatX valuation

MatX was valued at $362 million at its early-stage round in Nov 2024. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has MatX raised?

MatX has raised $620 million in total; 1 of its rounds is on record. The largest on record was a $95 million Series A in Nov 2024.

Comparable companies

Comparable computers, parts and peripherals names by valuation on PrivateMarketView: PsiQuantum ($7 billion), Oxide Computer ($1.6 billion) and Quantum Machines ($700 million).

How MatX's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For MatX, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about MatX

What is MatX worth?
MatX is valued at $362.0M as of Oct 2026. Valued at $362.0M at its early-stage round, Nov 2024. Nothing has traded since.
How much has MatX raised?
MatX has raised $619.9M in total funding across 1 recorded rounds.
When did MatX last raise?
MatX last raised in Nov 2024 (Early Stage VC (Series A)), raising $95.0M.