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DG Matrix

Series A

DG Matrix is a power electronics company that has developed the Interport platform, the first multi-port solid-state transformer (SST) solution designed for AI data centers, grid infrastructure, and EV fleet electrification. The Interport platform is a software-driven, hyper-scalable energy system that enables fast, flexible, and software-defined power distribution adapting to dynamic variation in real time. For AI…

Energy Tech · Energy Storage Tech, · Tempe, United States · EST 2022

About

DG Matrix is a power electronics company that has developed the Interport platform, the first multi-port solid-state transformer (SST) solution designed for AI data centers, grid infrastructure, and EV fleet electrification. The Interport platform is a software-driven, hyper-scalable energy system that enables fast, flexible, and software-defined power distribution adapting to dynamic variation in real time. For AI data centers, the platform offers LV skid solutions for MW-scale powertrains, SideCar solutions for pulse-load mitigation with galvanic isolation, and MV skid solutions transforming medium-voltage AC to high-voltage DC. The company is a NVIDIA MGX Ecosystem Partner and NVIDIA Inception Program member, partnering with Infineon, Skeleton Technologies, and InfraPartners. DG Matrix has received the Duke Energy Innovation Award, been named a Top 10 Innovator in Grid Technologies by Darcy Partners, and recognized in the Cleantech Top 100. Founded in 2022 and headquartered in Morrisville, North Carolina, the company has raised approximately $80 million in Series A funding. Investors include Clean Energy Ventures, ABB, Chevron Technology Ventures, Cerberus Capital Management, Engine Ventures, and Fine Structure Ventures. The company has approximately 69 employees.

Business model

Electric Vehicles > Charging Solutions > Plug in Charging > Fast Chargers,

Energy Storage Tech > Charging > Devices > Plug In > Electric Vehicle > Four Wheelers > Fast Chargers > DC Chargers

Team background

College Wise > IIT Roorkee

Institutional investors

Clean Energy VenturesChevron Technology VenturesCerberus Capital ManagementPiedmont CapitalEngine VenturesFine Structure VenturesHelios Climate VenturesMCJPiedmont Capital InvestmentsCerberus Ventures

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