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Temasek, a Singapore-based global investment firm, led a $110m Series B round in d-Matrix, a supplier of digital in-memory computing solutions, with participation from Playground Global, M12, Nautilus Venture Partners Entrada Ventures, Industry Ventures, Ericsson Ventures, Marlan Holdings, Mirae Asset, Cortes Capital, Archerman Capital, TGC Square, Lam Capital and Samsung Ventures. “The current trajectory of AI compute is unsustainable as the TCO to run AI inference is escalating rapidly. The team at d-Matrix is changing the cost economics of deploying AI inference with a compute solution purpose-built for LLMs, and this round of funding validates our position in the industry” Sid Sheth, d-Matrix Co-Founder and CEO.
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