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DG Matrix - About the company

DG Matrix is a series A company based in Tempe (United States), founded in 2022 by Subhashish Bhattacharya. It operates as a Provider of a DC fast charger for electric vehicles. DG Matrix has raised $80M in funding from Clean Energy Ventures and Engine Ventures. The company has 1631 active competitors, including 202 funded and 100 that have exited. Its top competitors include companies like Wallbox, Battery Smart and SPAN.

Company Details

Provider of a DC fast charger for electric vehicles. The charger is based on single-unit L3 DC fast charging technology for optimized fast charging.
Key Metrics
Founded Year
2022
Location
Stage
Series A
Total Funding
$80M in 2 rounds
Latest Funding Round
Ranked
Employee Count
64 as on Sep 30, 2026
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DG Matrix's funding and investors

DG Matrix has raised a total funding of $80M over 2 rounds. Its first funding round was on Dec 18, 2024. Its latest funding round was a Series A round on Feb 18, 2026 for $*****. 9 investors participated in its latest round. DG Matrix has 12 institutional investors.

Here is the list of recent funding rounds of DG Matrix:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 18, 2026
8487297
Series A
3421126
9906319
4414407
7440201
Dec 18, 2024
4452128
Seed
7746165
3951359
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DG Matrix's founders and board of directors

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The founders of DG Matrix is Subhashish Bhattacharya.
Here are the details of DG Matrix's key team members:

DG Matrix's employee count trend

DG Matrix has 64 employees as of Sep 26. Here is DG Matrix's employee count trend over the years:
Employee count trend for DG Matrix
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DG Matrix's Competitors and alternates

Top competitors of DG Matrix include Wallbox, Battery Smart and SPAN. Here is the list of Top 10 competitors of DG Matrix, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Wallbox
Wallbox
2015, Barcelona (Spain), Public
Provider of electric-vehicle charging solutions
$70.2M
78/100
2nd
Logo for Battery Smart
Battery Smart
2019, Delhi (India), Series C
Chains providing battery-swapping services for electric vehicles
$176M
74/100
3rd
Logo for SPAN
SPAN
2014, San Francisco (United States), Series C
Smart energy management technology platform that modernizes residential electrical systems
$419M
73/100
4th
Logo for myenergi
myenergi
2016, Stallingborough (United Kingdom), Series C
Manufacturer of eco-smart home energy management and electric vehicle charging products
$36.8M
71/100
5th
Logo for SUN Mobility
SUN Mobility
2017, Bengaluru (India), Series B
Network providing battery swapping infrastructure for electric vehicle fleet operators
$135M
70/100
6th
Logo for CTEK
CTEK
1997, Vikmanshyttan (Sweden), Acquired
Provider of Electric vehicle charging solutions
$123M
69/100
7th
Logo for Energous
Energous
2012, San Jose (United States), Public
Provider of RF-based charging solutions
$5.5M
66/100
8th
Logo for FIMER
FIMER
1969, Vimercate (Italy), Acquired
Provider of electric-vehicle charging solutions
$43.3M
64/100
9th
Logo for WiTricity
WiTricity
2007, Watertown (United States), Series G
Magnetic resonance-based wireless charging solutions for electric vehicles
$146M
62/100
10th
Logo for DG Matrix
DG Matrix
2022, Tempe (United States), Series A
Provider of a DC fast charger for electric vehicles
$80M
62/100
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DG Matrix's Investments and acquisitions

DG Matrix has made no investments or acquisitions yet.

Reports related to DG Matrix

Here is the latest report on DG Matrix's sector:

News related to DG Matrix

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Media has covered DG Matrix for a total of 18 events in the last 1 year, 7 of them have been about partnerships and 4 about company updates.
•
DG Matrix Appoints Peter Gross to Executive Advisory BoardBusiness Wire•Jun 11, 2026•DG Matrix
•
DG Matrix Raises $60M in Series A FundingFinSMEs•Feb 18, 2026•ABB, Engine Ventures, Sabanc Climate Tech, DG Matrix and 3 others
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