DG Matrix

Emerging

Raised $60M Series A (Feb 2026) led by Engine Ventures with ABB, Chevron Technology Ventures, Clean Energy Ventures. Interport device: 2.4 MW power router for data centers. Exowatt partnership.

Grid Power Conversion (Data Centers)
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Updated April 2026

Company Overview

About DG Matrix

DG Matrix builds the Interport — a 2.4-megawatt power router for data centers that replaces multiple discrete power conversion devices (UPS systems, transformers, switchgear) with a single intelligent power management unit. The company raised $60 million in Series A financing in February 2026, led by Engine Ventures with ABB Ventures, Chevron Technology Ventures, and Clean Energy Ventures as strategic co-investors. DG Matrix has partnered with Exowatt for solar-plus-storage container deployments that integrate Interport for hybrid site power management.

Business Model & Competitive Advantage

The strategic investor composition is telling: ABB is one of the world's largest power conversion equipment manufacturers, and its investment in DG Matrix signals that the incumbent views DG Matrix's technology as a strategic threat or acquisition target rather than ignoring it. Chevron's participation reflects interest in distributed power infrastructure that can power industrial and data center sites from diverse energy sources including fossil and renewable.

Competitive Landscape 2025–2026

DG Matrix's positioning at the data center-grid crossover is particularly timely: AI data centers need power at scale, want to incorporate on-site renewable generation, require resilient power management, and are subject to utility grid interconnection constraints. The Interport's ability to manage power flows from the grid, on-site solar, batteries, and generators simultaneously makes it purpose-built for the energy management requirements of 2026's hyperscale AI facilities.

Revenue
$60M
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Key Differentiators

Emerging Innovator

DG Matrix is an emerging player bringing innovative solutions to the Climate Tech market.

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