<div id="readability-page-1" class="page">A company based in Morrisville, NC, DG Matrix, known for its solid-state transformer solutions, has recently concluded a successful Series A funding round, raising a total of $60 million. The funding round was oversubscribed and led by Engine Ventures, with contributions from Helios Climate Ventures, Mitsubishi Heavy Industries, Ltd., Fine Structure Ventures, MCJ, and Sabanci Climate Ventures. Notably, all existing investors, such as ABB, a prominent global technology leader in electrification and automation, also reinvested in this round.</div>

ABBNY

<p>A company based in Morrisville, NC, DG Matrix, known for its solid-state transformer solutions, has recently concluded a successful Series A funding round, raising a total of $60 million. The funding round was oversubscribed and led by Engine Ventures, with contributions from Helios Climate Ventures, Mitsubishi Heavy Industries, Ltd., Fine Structure Ventures, MCJ, and Sabanci Climate Ventures. Notably, all existing investors, such as ABB, a prominent global technology leader in electrification and automation, also reinvested in this round.</p>

DG Matrix secures $60M Series A funding led by Engine Ventures to advance solid-state transformer solutions for AI and electrification.