Matrix Industries
Matrix Industries develops smartwatches powered by body heat using thermoelectric platform technology. The devices use temperature gradients to generate electricity, eliminating the need for traditional charging. The company calculates biometrics like calories burned, activity level, and sleep quality based on the electric power generated. Founded in 2011 and headquartered in Menlo Park, United States, Matrix…
Funding snapshot
About
Matrix Industries develops smartwatches powered by body heat using thermoelectric platform technology. The devices use temperature gradients to generate electricity, eliminating the need for traditional charging. The company calculates biometrics like calories burned, activity level, and sleep quality based on the electric power generated. Founded in 2011 and headquartered in Menlo Park, United States, Matrix Industries has raised approximately $55.7M in Series B funding from investors including Khosla Ventures and UCLA Ventures. The company's thermoelectric technology has applications beyond wearables, including powering implants, sensors, and IoT devices, leveraging body heat and environmental temperature differences to provide perpetual power for low-energy devices.
Business model
Security & Surveillance Technology > PIDAS > Object Detection & Ranging System,
Wearable Technology > Watches and Trackers > Smart Watches,
Fitness & Wellness Tech > Physical Fitness > Tracking and Monitoring > Activity Trackers > Wearable Devices > Wristwear
Team background
College Wise > University of California (Los Angeles)
Institutional investors
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