Matrix Industries

What Matrix Industries does

Matrix Industries is a private, US-based hardware and machine-learning company founded in 2011 by Akram Boukai (CEO) and Douglas Tham (CTO), headquartered in Menlo Park, California, with 11-50 employees. The company designs and manufactures self-powered connected devices that combine proprietary thermoelectric energy harvesting with on-device edge machine learning, targeting three product lines: Prometheus (energy harvesting modules for OEM integration), Perceptive (self-powered wearable health monitor for eldercare), and Proximity (buried perimeter security system using ML-based sensor classification).

The underlying technology stack centers on two registered IP assets: Prometheus, which integrates the Gemini Thermoelectric Generator and Mercury Boost Converter through patented electrical impedance matching to convert temperature gradients as small as 0.5°C into usable electrical output ranging from 800μA to 14,000μA; and Palladium, a suite of low-power machine learning algorithms embedded in Perceptive and Proximity for on-device sensor classification. Prometheus is offered in eight variants across the 18305 and 34465 form factors for wearable, flat-surface, livestock, and industrial applications, while Perceptive and Proximity deliver end-products that exploit the same power substrate to eliminate battery maintenance.

The business model is hardware sales with quote-based pricing, distributed through a hybrid channel: Prometheus modules and development kits flow globally via authorized distributors Mouser Electronics and Digi-Key, while Perceptive and Proximity are sold through direct enterprise sales engagement (demo requests and custom deployments). Primary customer verticals are healthcare/eldercare (nursing homes, assisted living facilities, and the flagship NASDAQ-listed Medirom Healthcare Technologies) and critical infrastructure security (military bases, borders, ports, and energy facilities), with technology partnerships spanning Renesas Electronics, Nichicon, Atmosic, Ambiq, Trameto, and TransSiP. To date, Matrix has raised approximately $24.5 million across twelve disclosed funding rounds from investors including Khosla Ventures, Q Venture Partners, and Sand Hill Angels.

Name

Matrix Industries

Legal name

Matrix Industries

Website

https://matrixindustries.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Matrix Industries designs self-powered machine-learning connected devices using proprietary thermoelectric energy harvesting. It sells Prometheus power modules via global distributors and Perceptive (wearable health monitor) and Proximity (perimeter security) products directly to enterprise customers.

Ownership category

akta.pro rank

Product category

Energy Harvesting Hardware

NAICS

Other Measuring and Controlling Device Manufacturing (334519)

SIC

Electronic Components & Accessories (3670), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Edge AI Hardware & NPUs (SoCs, modules, accelerators) (HDAAAJAC)

Keywords

• Thermoelectric energy harvesting
• Self-powered wearable devices
• Low-power machine learning
• Perimeter security sensors
• Energy harvesting modules

Headquarters

HQ city

Sunnyvale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Hardware Sales - Prometheus Modules: Sale of Prometheus energy harvesting modules including development kits for wearables, watches, and IoT devices. Modules are available in different power and size configurations (18305 and 34465 series) with standard and extended range options.
2. Wearable Health Monitoring - Perceptive: Sale of Perceptive wearable health monitoring devices. Products available as white-label with customer branding for healthcare providers and facility operators.
3. Perimeter Security - Proximity: Sale of Proximity hardware and software platform for perimeter security applications in military, border, port, and energy facility settings.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Matrix Industries designs and sells self-powered machine-learning hardware for connected devices, centered on the Prometheus family of thermoelectric energy harvesting modules. These modules power integrated products including Perceptive, a wearable health monitor, and Proximity, an underground perimeter security system that uses embedded Palladium ML algorithms to detect and classify humans, vehicles, and animals without batteries.

Product overview

Matrix Industries offers a suite of self-powered machine-learning solutions consisting of three core product lines. Prometheus is a family of thermal energy harvesting modules that power connected devices by converting small temperature gradients into electrical output, available in multiple form factors for wearable and non-wearable applications. Perceptive is a self-powered wearable health monitor tracking sleep, activity, heart rate, and temperature without charging. Proximity is a self-powered perimeter security platform that detects and differentiates between humans, vehicles, and animals. Both Perceptive and Proximity incorporate Palladium machine learning algorithms and connect to the cloud via Matrix's APIs, enabling monitoring without battery maintenance.

Differentiator

Problem solved

Functional benefit

Brands

• Perceptive: A wearable digital health monitor that provides 24/7 tracking of wellness metrics such as sleep quality, activity, heart rate, and temperature. Self-powered by body heat and solar.
• Proximity
• Prometheus
• Palladium

Products and services

• Perceptive Perceptive is a self-powered wearable digital health monitor that provides 24/7 tracking of wellness metrics including sleep quality, activity, heart rate, and temperature. It is powered by body heat and solar via Matrix's energy harvesting technology, eliminating the need for battery charging, and includes Bluetooth LE, LED, and haptic motor for notifications with SDKs and APIs for integration. It targets eldercare operators in nursing homes and assisted living facilities.
• Proximity Proximity is a hardware and software platform that acts as an early warning perimeter security system when buried underground. It uses embedded ML algorithms to detect and differentiate between humans, vehicles, and animals, is self-powered, wireless, maintenance-free, and tamper-proof, and delivers alerts to the cloud via APIs. It is designed for military bases, borders, ports, and energy facilities.
• Prometheus Energy Harvesting Modules Prometheus is a family of energy harvesting modules that convert thermal energy from small temperature gradients into electrical output. Each module integrates a MATRIX Gemini Thermoelectric Generator with a MATRIX Mercury Energy Harvesting Boost Converter using patented impedance matching, can start from temperature differences as low as 0.5°C, and is available in wearable and non-wearable form factors with power outputs up to 14,000µA at 3V. It targets OEMs and developers building battery-free wearables, IoT sensors, and remote monitoring devices.

Quantifiable outcome

• Starts up from temperature difference as low as 0.5°C
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• Renesas ElectronicscoreTechnology or IntegrationRenesas, one of Japan's premier semiconductor manufacturers, is working with MATRIX to power its Renesas RE01 Microcontroller with Prometheus energy harvesting technology. This partnership enables ultra-low-power microcontroller applications powered by thermal energy.
• Medirom Healthcare Technologies Inc.flagshipStrategic or Co-development PartnerMedirom partnered with MATRIX Industries to deliver the world's first self-powered health monitoring smartband. Medirom is a healthcare technology company listed on NASDAQ (NASDAQ: MRM) that completed a $12 million IPO in December 2020.
• Mouser ElectronicscoreChannel Partner/ Reseller/ DistributorMouser Electronics is an authorized distributor for Prometheus energy harvesting modules and development kits, enabling global availability of MATRIX products to engineers and developers.
• Digi-KeycoreChannel Partner/ Reseller/ DistributorDigi-Key is an authorized distributor for Prometheus energy harvesting modules and development kits, offering global distribution of MATRIX products.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Ambiq Micro: Ambiq produces ultra-low-power semiconductors for wearables and IoT endpoints, addressing the same battery-life and edge-processing pain points that Matrix targets with its self-powered wearables and sensors.
• Atmosic Technologies: Atmosic develops ultra-low-power wireless SoCs with energy harvesting capabilities for IoT, directly overlapping with Matrix's Prometheus module + Palladium ML stack as a battery-free connected-device platform.
• EnOcean: EnOcean is a long-established energy harvesting wireless sensor company for building automation and IoT, comparable to Matrix's Prometheus modules as a battery-free sensor power and connectivity platform.
• Powercast: Powercast offers RF and thermal energy harvesting modules and wireless power solutions for low-power IoT devices, directly comparable to Matrix's Prometheus energy harvesting module family.

Broad incumbents

• Texas Instruments: TI is a broad semiconductor incumbent offering energy harvesting ICs, low-power MCUs, and reference designs that compete with Matrix's module-plus-ML architecture as part of a much wider analog and embedded portfolio.
• Analog Devices: Analog Devices manufactures precision sensors, energy harvesting PMICs, and low-power signal chain ICs that overlap with Matrix's thermoelectric harvesting and perimeter security sensing capabilities within a much larger portfolio.
• Renesas Electronics: Renesas is a global MCU leader and an existing Matrix partner integrating Prometheus into the RE01 platform; as an incumbent it could also bundle competing low-power solutions and influence the energy harvesting MCU roadmap.
• Maxim Integrated (Analog Devices): Maxim (now part of ADI) provides nano-power MCUs and energy harvesting ICs for wearables and IoT, comparable to Matrix's low-power edge platform as part of a much broader mixed-signal portfolio.

Emerging players

• Trameto: Trameto is an early-stage energy harvesting semiconductor specialist whose multi-source PMICs address the same battery-free IoT applications as Matrix's Prometheus boost converter and TEG modules.
• Everactive: Everactive builds battery-free wireless sensors for industrial and infrastructure monitoring using proprietary energy harvesting and edge compute — a directly comparable self-powered industrial sensing platform to Matrix's Proximity line.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/matrixpowered
• LinkedInlinkedin.com/company/silicium-energy-inc-

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds12 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Matrix Industries