DG Matrix
Bottleneck owner
Maker of the Interport multi-port solid-state transformer for AI data centers, utilities and EV fleets.
DG Matrix builds the Interport(TM) platform, which it calls the first multi-port solid-state transformer (SST): a software-driven, single-system power fabric that replaces complex legacy transformers and switchgear with intelligent multi-port power flow. Interport enables fast, flexible, software-defined power distribution for AI data centers, commercial/industrial electrification, EV fleet charging and utility/grid applications, scaling from kW to MW. It doubles power density using silicon-carbide (SiC) power devices - with STMicroelectronics and Infineon as silicon suppliers - and joins NVIDIA's MGX ecosystem. DG Matrix was co-founded by CEO Haroon Inam with CTO Dr. Subhashish Bhattacharya, an NC State solid-state-transformer expert. (Company-reported facts.)
Research mapping
Physical AI / Grid, Power & Thermal Infrastructure (L2) / Bottleneck owner
Evidence boundary
Original analysis and independent corroboration remain under development. Commercial scale and durable technical advantage remain under review.
What makes it defensible
The multi-port solid-state transformer - software-defined, multi-port power conversion that replaces a rack of legacy gear, built on a deep patent and publication base in SST design.
Position in the stack: Power-electronics hardware layer between the grid and AI/EV loads - the 'power fabric' that connects and orchestrates energy sources and loads.
Who buys it
Founding team
Haroon Inam — Co-Founder & CEO — 30+ year power-electronics and technology executive; co-founded DG Matrix to commercialize multi-port solid-state transformers.
Dr. Subhashish Bhattacharya — Co-Founder & CTO — NC State professor; leading innovator in low- and medium-voltage solid-state transformers with 12 patents and 700+ publications.
SourceFinancing detail
- Last round
- Series A ($60M, Feb 2026)
Investors: Engine Ventures, ABB, Mitsubishi Heavy Industries, Chevron Technology Ventures
Mapped funds and investors
Direct relationships supported by published evidence.
Reported holdings as-of
No sourced relationships mapped yet.
Disclosed investment history
No sourced relationships mapped yet.
Showing up to four relationships in each group. ETF weights describe the fund’s portfolio, not ownership of this company. Private investment history does not establish current ownership.
Evidence & media
-
DG Matrix raises $60M to make data center power smarter
What this source supports: $60M Series A led by Engine Ventures (with ABB, Cerberus Ventures, Chevron Technology Ventures) for solid-state transformers.
What it does not establish: No revenue, order book, or disclosed customer deployments.
Source -
DG Matrix raises $60m to scale solid state transformer for data center market
What this source supports: Round brings total capital raised to more than $100M.
What it does not establish: No deployment volumes or unit economics.
Source -
DG Matrix, Inc. Asset Profile
What this source supports: DG Matrix Inc, founded 2022, Morrisville NC; advanced power electronics / solid-state transformers.
What it does not establish: Directory profile; no performance or financial metrics.
Source -
DG Matrix and TerraFlow to Pilot Solid-State Transformer With GPU Cluster
What this source supports: DG Matrix + TerraFlow to deploy an SST + vanadium redox flow battery to power a 1,200-core Dell GPU cluster; replicates Nvidia 800 VDC, replaces 11-18 pieces of equipment.
What it does not establish: Announced commercial agreement; field results not yet demonstrated.
Source -
DG Matrix Doubles Interport Platform Power to 400 kW with STMicroelectronics SiC Technology
What this source supports: Interport SST output doubles from 200 kW to 400 kW in the same power-module footprint using STMicroelectronics silicon-carbide devices; efficiency >98.5%.
What it does not establish: First-party announcement; independent performance verification pending.
Source -
DG Matrix Unveils Interport 360 SST and Interport OS for AI Factories Based on NVIDIA MGX
What this source supports: Interport 360 Flex = skid-mounted power solution for modular datacenters on the NVIDIA MGX architecture: the modular Interport SST Cell plus Interport OS real-time power-fabric software, giving a path from AC distribution to NVIDIA 800 VDC while protecting land/power/shell investment. Interport SST Cell shown on the NVIDIA MGX AI Factory wall at OCP Global Summit (Oct 12-15, San Jose).
What it does not establish: First-party product launch; NVIDIA wall placement is a reference-architecture listing, not a purchase order.
Source
Timeline
-
Product
Unveils Interport 360 Flex (Interport SST Cell + Interport OS) for NVIDIA MGX / 800 VDC AI factories
Source -
Product
Doubles Interport SST output from 200 kW to 400 kW using STMicroelectronics SiC technology
Source -
partnership
Commercial agreement with TerraFlow Energy: SST + vanadium-flow battery to power a 1,200-core GPU cluster
Source -
Financing
Series A ($60M, Feb 2026)
Source