News: DG Matrix Secures $60M for Smarter Data Center Power - AI News Today Recency
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Published: 2/18/2026
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Updated: 2/18/2026, 3:01:44 PM
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15 updates
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9 min read
📱 This article updates automatically every 10 minutes with breaking developments
I cannot write an article with the headline "DG Matrix Secures $60M for Smarter Data Center Power" because the search results do not support this claim. According to the available information, DG Matrix has raised approximately $30 million in total funding, not $60 million[2]. The company secured $20 million in a seed funding round led by Clean Energy Ventures in March 2025, which combined with earlier non-dilutive funding brings the total to nearly $30 million[2].
The search results show that DG Matrix has indeed focused on AI data center power solutions through its Power Router platform and has formed strategic partnerships with companies like PowerSecure and Exowatt[1][5][6]. However, the specific funding figure in your proposed headline does not match the documented facts in these sources.
To provide you with an accurate, credible article, I would need either:
- Confirmation that the $60M figure is correct with supporting sources
- Permission to write an article based on the actual $30M total funding that DG Matrix has raised
Would you like me to write an SEO-optimized news article based on the accurate funding information available in the search results instead?
🔄 Updated: 2/18/2026, 12:41:05 PM
**BREAKING: DG Matrix Funding Fuels Data Center Power Revolution**
DG Matrix has secured $60M to develop solid-state transformers that intelligently aggregate power from multiple sources for data centers, addressing surging AI-driven demands.[5] In parallel developments, Serco MT&S clinched a US Air Force IDIQ contract ceiling up to $972M over five years, projecting $60M in 2026 revenue from enhanced simulator and training services tied to advanced communications tech.[3] This wave aligns with sector momentum, including Base Power's $200M Series B for energy backup systems and Cloudian's prior $60M for data-center tech.[2][6]
🔄 Updated: 2/18/2026, 12:51:07 PM
**DG Matrix's $60M funding signals intensifying competition in data center power infrastructure as hyperscalers race to solve the AI energy crisis.** The startup's solid-state transformer technology directly challenges traditional analog power systems, positioning DG Matrix against legacy infrastructure providers as Amazon, Microsoft, and Google compete for limited grid capacity to fuel their expanding AI facilities.[1] With the funding, DG Matrix is also partnering with Exowatt on solar-powered data center solutions, creating a new competitive front in renewable energy integration for hyperscale operations.[2]
🔄 Updated: 2/18/2026, 1:01:19 PM
**DG Matrix Secures $60M for Smarter Data Center Power Management**
DG Matrix closed a **$60 million Series A funding round** to commercialize **solid-state transformers** that intelligently route electricity from multiple sources—including solar panels, battery storage, grid power, and on-site generators—to data center server racks[1][2]. The technology addresses a critical infrastructure bottleneck: traditional analog transformers cannot dynamically optimize power from hybrid energy portfolios, while AI data centers are increasingly constrained by local grid capacity limits and facing electricity costs that now rival hardware expenses[1]. This "smart power router" approach is particularly timely as hyperscalers like Amazon,
🔄 Updated: 2/18/2026, 1:11:16 PM
**DG Matrix Secures $60M for Smarter Data Center Power**
DG Matrix closed a **$60 million funding round** to commercialize **solid-state transformers** that intelligently route electricity from multiple sources—solar panels, battery storage, the grid, and on-site generators—to data center server racks[1]. The technology addresses a critical infrastructure bottleneck as hyperscalers like Amazon, Microsoft, and Google compete for limited grid capacity to power AI expansions, with some now exploring nuclear power deals to secure sufficient electricity[1]. Unlike traditional analog transformers, DG Matrix's systems function as a "smart power router" that dynamically selects the cleanest and most
🔄 Updated: 2/18/2026, 1:21:19 PM
**DG Matrix's $60M funding reshapes data center power infrastructure** as the startup's solid-state transformer technology directly challenges the century-old power management systems that have dominated the sector.[1][2] The company's Interport platform achieves 95-98% efficiency compared to the 82-90% typical of legacy chained devices, while reducing component count by 85-90%, positioning DG Matrix to capture market share from traditional power infrastructure providers as hyperscalers like Amazon, Microsoft, and Google compete for increasingly scarce grid capacity to fuel AI expansion.[1][2] With 90% of DG Matrix's commercial pipeline already tied to data centers and plans to expand into building power and remote
🔄 Updated: 2/18/2026, 1:31:23 PM
I cannot provide consumer and public reaction to the DG Matrix funding announcement because the search results do not contain any information about public or consumer response to this news. The available sources focus exclusively on the company's technology, funding details, and business strategy—not on how consumers, industry observers, or the general public have reacted to the announcement.
To write an accurate news update on this topic, I would need search results that include statements from industry analysts, social media sentiment, customer responses, or reactions from competing companies or advocacy groups.
🔄 Updated: 2/18/2026, 1:41:19 PM
**DG Matrix Secures $60M for Smarter Data Center Power**
DG Matrix closed a **$60 million Series A funding round** to commercialize **Interport**, a solid-state transformer that intelligently routes electricity from multiple sources—solar, batteries, the grid, and generators—to data center racks, achieving **95-98% efficiency compared to the 82-90% typical of legacy systems**[2][3]. The platform consolidates traditional power infrastructure into a single device using only 10-15% of conventional components, directly addressing AI's escalating power demands as hyperscalers face grid capacity constraints[3]. Initial units are already shipping to customers, with approximately
🔄 Updated: 2/18/2026, 1:51:19 PM
DG Matrix's $60M Series A funding, led by Engine Ventures with investors including ABB, Chevron Technology Ventures, and Nvidia, promises to alleviate global data center power shortages by enabling solid-state transformers like the Interport device—which handles up to **2.4 megawatts** by routing power from solar, batteries, and grids with **95-98% efficiency**—potentially accelerating AI infrastructure worldwide amid strained grids faced by hyperscalers like Amazon and Google.[1][2][3] The announcement has drawn international attention, highlighted by coverage in Ukraine's Mezha.media on the Exowatt partnership for solar-powered data centers and mentions across Bloomberg and Financial Times, signaling broad recognition of its role in addressing AI-driven energy demands from remot
🔄 Updated: 2/18/2026, 2:01:28 PM
**DG Matrix Secures $60M Series A for Data Center Power Innovation**
DG Matrix closed a $60 million Series A funding round led by Engine Ventures to commercialize its Interport solid-state transformer, a device that intelligently routes power from multiple sources—solar panels, batteries, grid, and generators—to data center server racks with 95-98% efficiency compared to 82-90% for legacy systems.[1][2] The company's technology addresses a critical bottleneck as hyperscalers including Amazon, Microsoft, and Google face severe grid capacity constraints limiting AI infrastructure expansion, with initial units rolling out to customers in June and a partnership already announced with Exowatt for
🔄 Updated: 2/18/2026, 2:11:26 PM
DG Matrix has raised **$60 million in a Series A round** led by Engine Ventures, with participation from ABB, Cerberus Ventures, Chevron Technology Ventures, and others, to scale production of its **Interport solid-state transformers** that intelligently route power from solar, batteries, and the grid to data center racks—one unit handles up to **2.4 megawatts**, powering 12 racks at 100 kilowatts each with **95-98% efficiency**[2][3][4]. The funding supports initial customer rollouts starting in June and a new "sidecar" product for direct rack power, alongside a key partnership with Exowatt to integrate with solar-plus-storage for 24/7 data center electricit
🔄 Updated: 2/18/2026, 2:21:24 PM
**DG Matrix secures $60M Series A to deploy solid-state transformers revolutionizing data center power routing.** The funding, led by Engine Ventures with participants including ABB and Chevron Technology Ventures, targets commercialization of the Interport device—a "smart power router" handling up to **2.4 megawatts** by dynamically blending sources like **600kW solar** and **600kW batteries** to feed **12 racks at 100kW each**, as CTO Subhashish Bhattacharya explained to TechCrunch[2][3]. This addresses grid bottlenecks crippling AI expansion, enabling hyperscalers to integrate diverse energy without century-old transformer inefficiencies, with initial units rolling out in June and a pipeline *
🔄 Updated: 2/18/2026, 2:31:37 PM
I cannot provide the consumer and public reaction you've requested because the search results do not contain any information about how consumers or the public have reacted to DG Matrix's $60M funding announcement. The available sources focus exclusively on the funding details, the technology itself, and industry context around data center power challenges, but they do not include any quotes, statements, or reported reactions from consumers, the general public, or broader public sentiment about this news.
To write an accurate news update on public reaction, I would need search results that specifically capture responses from affected parties, social media sentiment, industry commentary, or public statements—none of which are present in the current search results.
🔄 Updated: 2/18/2026, 2:41:26 PM
**DG Matrix Secures $60M Series A for Solid-State Transformer Technology**
DG Matrix has raised $60 million in Series A funding led by Engine Ventures to commercialize solid-state transformers that intelligently route power from multiple sources to data center server racks, with the company's Interport device capable of handling up to 2.4 megawatts of connections.[3] The startup has announced a partnership with Exowatt to provide its Interport device to solar-plus-storage containers supplying data centers with round-the-clock electricity, and plans to begin rolling out initial units to customers in June.[3] Currently, data centers represent approximately 90
🔄 Updated: 2/18/2026, 2:51:25 PM
I cannot provide a news update about consumer and public reaction to DG Matrix's funding announcement because the search results do not contain any information about how consumers or the public have responded to this news. The available sources focus exclusively on the company's technical capabilities, funding details, and business partnerships, but include no quotes, statements, or data regarding public sentiment or consumer reaction to the announcement.
To write an accurate update on this topic, I would need search results that include social media responses, industry analyst commentary, customer statements, or public opinion coverage.
🔄 Updated: 2/18/2026, 3:01:44 PM
**DG Matrix secures $60M Series A to deploy solid-state transformers addressing global data center power crisis.** Engine Ventures led the funding round with participation from ABB, Chevron Technology Ventures, and climate-focused investors, enabling the startup to begin rolling out initial units to customers in June[4]. The company's Interport device can handle up to 2.4 megawatts and achieves 98% efficiency compared to traditional systems operating at 82-90%, directly tackling the electrical grid bottleneck constraining AI infrastructure expansion worldwide as hyperscalers including Microsoft, Google, and Amazon compete for limited grid capacity[3][4].