On November 12, 2025, d-Matrix, a pioneer in generative AI inference compute for data centers, announced an oversubscribed $275 million in Series C funding, valuing the company at $2 billion and bringing the total raised to date to $450 million. The funding is co-led by a global consortium that includes Bullhound Capital, Triatomic Capital, and Temasek. The round also includes new participation from the Qatar Investment Authority and EDBI, alongside follow-on participation from M12 (Microsoft’s venture fund), Nautilus Venture Partners, Industry Ventures, and Mirae Asset. Wilson Sonsini Goodrich & Rosati advised d-Matrix on the transaction.

The new capital will advance the company’s roadmap, accelerate global expansion, and support multiple large-scale deployments of the data center inference platform for hyperscale, enterprise, and sovereign customers.

The Wilson Sonsini team that advised d-Matrix on the transaction includes:

Corporate
Michael Danaher
Lang Liu
Oliver Zhou
MJ Han
Pavit Dhaliwal

Technology Transactions
Barath Chari
Allegra Sachs
Ariel Friedman
Mina Li

National Security and Trade
Joshua Gruenspecht
Seth Cowell

For more information, please see d-Matrix’s press release. Additional coverage can be found on Bloomberg.