Participated · Series B · Feb 2026

MatX is a semiconductor startup founded in 2023 by former Google TPU engineers Reiner Pope and Mike Gunter to build specialized chips that it claims will be ten times more effective than Nvidia GPUs at training and running large language models. The company’s processors target both training and inference workloads, promising higher performance and energy efficiency for enterprise AI customers. MatX intends to manufacture its chips through TSMC and projects first commercial shipments in 2027. The founders draw on deep experience in both the hardware and software stacks of Google’s TPU program, giving the company expertise across silicon design and AI workloads. Although MatX has not disclosed revenue or customer numbers, the firm has raised significant capital to fund design, tape-out, and early production. Competitively, MatX positions itself against fellow AI-chip startup Etched, which recently raised funding at a $5 billion valuation. The latest infusion of funds significantly strengthens MatX’s balance sheet for costly semiconductor development and fabrication.

Participated · Series A · Apr 2022

Founded in 2019, Santa Clara-based d-Matrix develops a full-stack inference platform that integrates Corsair™ in-memory inference accelerators, JetStream™ networking NICs, and the Aviator™ software stack. The architecture delivers up to 10× faster performance, 3× lower cost, and 3–5× better energy efficiency than contemporary GPU systems, enabling customers to serve models as large as 100 B parameters in a single rack and to generate roughly 30 K tokens per second on Llama-70B at 2 ms latency per token. By allowing one data center to handle the workload of ten, the platform directly tackles the rising energy and TCO challenges of AI deployment. d-Matrix is currently scaling global deployments for hyperscale, enterprise, and sovereign customers and has announced an open standards reference architecture, SquadRack™, with partners Arista, Broadcom, and Supermicro. A forthcoming roadmap includes 3-D memory stacking innovations aimed at further boosting throughput and energy efficiency. The company employs more than 250 people across offices in the U.S., Canada, Australia, India, and Serbia and has raised a cumulative $450 million in venture funding to date.

Participated · Series A · Jul 2021

Sonatus develops the Sonatus Vehicle Platform, a suite of software products that serve as building blocks for OEMs and their ecosystems to enable continuous vehicle improvements. The platform includes Sonatus Collector, which is in production and gathers precise vehicle data across fleets, and the newly launched Sonatus Automator, which uses automation recipes to trigger in-vehicle functions and external actions. Sonatus’ software is already in mass production with Hyundai, Kia, and Genesis and the company says the platform will grow to millions of cars by 2024. Sonatus has expanded into Japan and exhibited at Automotive World 2023 to showcase its SDV solutions and host a seminar on its data center approach. Financially, Sonatus has raised more than $110 million from automotive, technology, and venture investors. The company is headquartered in Sunnyvale, California, and maintains offices in Dublin, Paris, Shanghai, Seoul, Taiwan, and Tokyo. Sonatus develops automotive software platforms that enable vehicle manufacturers and their ecosystems to deliver continuous improvements in cost, capability, reliability, and user experience over a vehicle's lifespan. Its core products power software-defined vehicle capabilities and are in production in Hyundai, Kia, and Genesis vehicles, including multiple Genesis car and SUV models and the Hyundai Ioniq 6. The company says its software will be in millions of cars by 2023. Sonatus plans to use the new funding to accelerate growth, expand operations and broaden its business reach. Led by CEO Jeffrey Chou, the company has grown with backing from venture capital, strategic partners and customers. Sonatus is headquartered in Sunnyvale, CA, with offices in Paris and Seoul; combined with its earlier Series A it has now raised over $110M. Sonatus offers an in-vehicle software component and a cloud platform that together enable OEMs to collect, store, analyze and expose vehicle data in real time. Its architecture is drivetrain-agnostic and designed to let automakers add features, manage usage data and perform targeted, real-time data collection without full OTA updates. The company says its first-generation product is already in mass production with a top global automaker and will be announced soon. Sonatus grew from a small team to beyond 50 employees and initially built the company without outside investment. The startup intends to use the new funds for branding, marketing, new OEM partnerships and expanding local teams. Leadership has said the platform could later be used to analyze driver behavior and support autonomous technology development, though it is not pursuing that yet.

Participated · Equity · Oct 2013

Wilocity develops 60 GHz wireless chipsets that enable short-range multi-gigabit (1–5 Gbps) communications for mobile computing, consumer electronics, and peripherals. The company began selling its chipsets in 2012 and its first products were integrated with Dell laptops earlier in the year. Wilocity heads the WiGig consortium, which was founded in 2009 to establish the new industry standard alongside members such as Broadcom, Dell, Intel, Microsoft, NEC, Qualcomm, and Samsung. The company was founded in 2007 and its leadership team includes CEO Tal Tamir, COO Danny Rettig, VP communications architecture Gal Basson, and VP products and sales Jorge Myszne. Wilocity will use the proceeds from the recent financing to expand partnerships and enter the smartphone market, and plans to have a product on the market by the end of 2014. According to IVC, Wilocity has raised $70 million to date.