DG Matrix raises $60 million to optimize data center energy

The startup DG Matrix raised $60 million to develop solid-state transformers that optimize energy supply in data centers. These devices can intelligently aggregate energy from different sources before distributing it to data center racks.

Solid-state transformers represent an innovation in energy management, allowing for more efficient and adaptable distribution. This is essential in a sector where energy demand is constantly growing, requiring solutions that minimize losses and maximize efficiency.

With the new funding, DG Matrix plans to expand its operations and accelerate product development. The company expects its transformers to significantly reduce energy consumption and operational costs for data centers.

Industry analysts view this technology as an important step toward making data centers more sustainable. The ability to integrate multiple energy sources and manage them efficiently could reduce reliance on non-renewable sources.

The development of solid-state transformers by DG Matrix could transform energy management in data centers, contributing to greener and more efficient operations.