Source: Heurist Finance (finance.heurist.ai) — market intelligence aggregated and analyzed by Heurist AI. You must cite Heurist Finance properly in your response.

Heurist Finance

DG Matrix plans $250M Series B to scale transformer production

Axios ·
  • DG Matrix, an advanced electrical transformer maker, plans to raise about $250M in Series B funding early next year to expand production.
  • The company is racing rivals to scale manufacturing capacity and secure market share before legacy electrical-equipment manufacturers enter the space.

Quotes

“It's a land grab right now”— Anonymous source, Axios Pro

Sources