Matrix Announces $800M Fund XII

Matrix, a San Francisco, CA and Boston, MA-based early-stage venture capital firm, is announcing a new $800M for Fund XII. 

The fund will focus on pre-seed, seed, and Series A companies across industries. Investment focus of the firm is on AI, fintech, chips and components, dev tools and infrastructure, digital health, B2B SaaS, and software defined hardware.

Founded in 1977, Matrix is a venture capital firm with a team of builders who lead pre-seed through Series A rounds. Recent investments include Afterpay, Apartment List, Canva, Courier, CTRL-Labs, Fivetran, Flock Safety, GOAT, HubSpot, LogRocket, Markforged, Oculus, Side, Steadily, and Zendesk.