# DG Matrix funding: rounds and investors

> DG Matrix has raised $80M across 2 rounds since 2025. Investors include Chevron Technology Ventures, Clean Energy Ventures and Engine Ventures.

Source: https://millionrounds.com/company/dg-matrix (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *DG Matrix*

2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech Climate Tech Energy Hardware & Electronics

Raised 9 months ago

Follow DG Matrix and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fdg-matrix)

Funding summary Updated 5 Nov 2026

**$80M** raised across 2 rounds since 2025, from 3 sources

**$20M** Seed **$60M** Series A

- **Latest round:** Series A, $60M Feb 2026
- **Led by:** Engine Ventures
- **Step-up i:** 3×
- **Investors:** 9 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$20M** Seed

**$60M** Series A

- **First round:** Seed, $20M
- **Biggest round:** $60M
- **Between rounds:** 12 months

## The rounds

- **Feb 2026** Series A **$60M** *7 new* *2 returning* [Engine Ventures](https://millionrounds.com/fund/engine-ventures) Lead [Chevron Technology Ventures](https://millionrounds.com/fund/chevron-technology-ventures) [MCJ](https://millionrounds.com/fund/mcj) [Clean Energy Ventures](https://millionrounds.com/fund/clean-energy-ventures) [ABB Technology Ventures](https://millionrounds.com/fund/abb) [Cerberus Ventures](https://millionrounds.com/fund/cerberus-ventures) [Fine Structure Ventures](https://millionrounds.com/fund/fine-structure-ventures) [Helios Climate Ventures](https://millionrounds.com/fund/helios-climate-ventures) [Piedmont Capital](https://millionrounds.com/fund/piedmont-capital) Reported by TechCrunch and 1 other SEC filing: $30M sold, first sale Feb 2026
- **Mar 2025** Seed **$20M** *2 new* [Chevron Technology Ventures](https://millionrounds.com/fund/chevron-technology-ventures) [Clean Energy Ventures](https://millionrounds.com/fund/clean-energy-ventures) Source recorded SEC filing: $13M sold, first sale Dec 2024

## Funding filed with regulators

DG Matrix filed 2 raises, $43M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Mar 2026 **$30M** 35 investors of $60M offered SEC Form D
- Dec 2024 **$13M** 23 investors of $21M offered SEC Form D

## Founders and team

From DG Matrix's own website: 2 founders, 7 on the team.

**Haroon Inam** Co-Founder & Chief Executive Officer

**Dr. Subhashish Bhattacharya** Co-Founder & Chief Technology Officer

- **Deepak Thakkar** Chief Commercial Officer
- **Karamjit Singh** Chief Delivery Officer
- **Peter Sopher** Chief Financial Officer
- **Rainer Stiller** Chief Marketing Officer
- **Leading Retail Chain** VP of Energy and Infrastructure
- **Major Fleet Charging Hub Developer** VP of Energy and Infrastructure
- **Anthony Wanger** Executive Chairman

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2025 **Series A** 2026 [Chevron Technology Ventures](https://millionrounds.com/fund/chevron-technology-ventures) [Clean Energy Ventures](https://millionrounds.com/fund/clean-energy-ventures) [Engine Ventures](https://millionrounds.com/fund/engine-ventures) L [MCJ](https://millionrounds.com/fund/mcj) [ABB Technology Ventures](https://millionrounds.com/fund/abb) [Cerberus Ventures](https://millionrounds.com/fund/cerberus-ventures) [Fine Structure Ventures](https://millionrounds.com/fund/fine-structure-ventures) [Helios Climate Ventures](https://millionrounds.com/fund/helios-climate-ventures) [Piedmont Capital](https://millionrounds.com/fund/piedmont-capital)

## Everyone who backed them

[Chevron Technology Ventures](https://millionrounds.com/fund/chevron-technology-ventures) Corporate VC **2** rounds

[Clean Energy Ventures](https://millionrounds.com/fund/clean-energy-ventures) VC firm **2** rounds

[Engine Ventures](https://millionrounds.com/fund/engine-ventures) VC firm **1** round, led 1

[MCJ](https://millionrounds.com/fund/mcj) VC firm **1** round

[ABB Technology Ventures](https://millionrounds.com/fund/abb) Corporate VC **1** round

[Cerberus Ventures](https://millionrounds.com/fund/cerberus-ventures) VC firm **1** round

[Fine Structure Ventures](https://millionrounds.com/fund/fine-structure-ventures) VC firm **1** round

[Helios Climate Ventures](https://millionrounds.com/fund/helios-climate-ventures) VC firm **1** round

[Piedmont Capital](https://millionrounds.com/fund/piedmont-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=dg-matrix).

## Quick answers about DG Matrix

### Who invested in DG Matrix?

DG Matrix's investors include Chevron Technology Ventures, Clean Energy Ventures, Engine Ventures, MCJ and ABB Technology Ventures, and 4 more on record. Engine Ventures led its latest round.

### How much has DG Matrix raised?

DG Matrix has raised $80M across 2 rounds since 2025.

### When did DG Matrix last raise?

DG Matrix's most recent round was a Series A of $60M in Feb 2026, led by Engine Ventures.

### What was DG Matrix's biggest round?

Its most recent round, $60M in Feb 2026, is also its largest on record.

### Who backed DG Matrix first?

DG Matrix's first round on record, in Mar 2025, was backed by Chevron Technology Ventures and Clean Energy Ventures.

### What stage is DG Matrix at?

DG Matrix's latest named round is a Series A, in Feb 2026.

### Where is DG Matrix based?

DG Matrix is based in the United States.

### Who led DG Matrix's rounds?

Engine Ventures led the Series A in 2026.

## Companies like DG Matrix

In the same sector, and raised in the last eighteen months.

[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Pathfinder** $13M · Nov 2026](https://millionrounds.com/company/pathfinder)[**Northwood Space** $505M · Nov 2026](https://millionrounds.com/company/northwood-space)[**Group14 Technologies** $632M · Oct 2026](https://millionrounds.com/company/group14-technologies)[**Iris Technology** Oct 2026](https://millionrounds.com/company/iris-technology)[**Mammoth Energy Services** $58M · Oct 2026](https://millionrounds.com/company/mammoth-energy-services)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
