What is Matrix Industries?
Matrix Industries specializes in developing self-powered analytics solutions tailored for human health and security applications. Their innovative product suite includes Perceptive, a self-powered wearable designed to monitor vital health metrics for eldercare without the need for frequent battery charging, and Proximity, a maintenance-free underground perimeter security system capable of detecting humans, vehicles, and animals. By focusing on the healthcare and security sectors, Matrix Industries aims to revolutionize monitoring and tracking capabilities through advanced, sustainable technology.
How much funding has Matrix Industries raised?
Matrix Industries has raised a total of $12.6M across 2 funding rounds:
Private Equity
$12.3M
Debt
$350K
Private Equity (2017): $12.3M, investors not publicly disclosed
Debt (2020): $350K led by PPP
What's next for Matrix Industries?
The substantial enterprise-level funding secured by Matrix Industries positions the company for accelerated growth and further technological development. This strategic capital infusion is expected to fuel expansion into new markets, enhance research and development for their self-powered analytics platforms, and scale operational capacity. The company's focus on battery-free solutions for critical health and security applications suggests a forward-looking strategy aimed at addressing long-term market needs for reliable and sustainable monitoring systems.
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