Matrix

Matrix Partners is a venture capital firm established in 1977, with offices in San Francisco, Cambridge, Shanghai, Beijing, Mumbai, and Bangalore. The firm focuses on seed, early-stage, late-stage, and growth capital investments across various sectors, including software, communications, artificial intelligence, fintech, digital health, and clean technology. With a commitment to building long-term relationships with entrepreneurs, Matrix Partners aims to support visionary founders in developing significant, industry-leading companies. The firm has a strong track record, having participated in hundreds of investments, with many of its portfolio companies achieving successful IPOs or profitable mergers and acquisitions. The team at Matrix Partners combines local insights with global expertise, comprising both former entrepreneurs and seasoned investors.

Ben Altshuler

Partner

Tim Barrows

Partner

Diana Kimball Berlin

Partner

Rahul Chaudhary

Venture Partner

Pranay Desai

Managing Director

Phyllis Doherty

Administrative Partner

Paul J. Ferri

Co-Founder

Jacob Jolis

Partner

Patrick Malatack

Partner

Harry Man

Partner

Kojo Osei

Partner

Kun Qian

Managing Director

Brian Ru

Venture Partner

Varun Singhal

Senior Associate

Dana Stalder

General Partner

David Su

Founding Managing Partner

Ilya Sukhar

General Partner

Sun Linghao

Managing Partner

Huadong Wang

Partner

Kevin Xiong

Partner

Michael Zuo

Partner

T.J. Parker

Partner

Past deals in FMCG

Country Delight

Series D in 2022
Country Delight produces and distributes milk intended to provide good quality and unadulterated milk at doorstep. The company's application offers to order milk products and have them delivered directly from the farmer, enabling customers to get rid off the hassle of managing ones milk requirements.

FPL Technologies

Series C in 2021
FPL Technologies Pvt. Ltd., founded in 2019 and headquartered in Mumbai, India, focuses on providing innovative financial solutions for a digitally savvy younger population. The company has developed a proprietary technology platform that aims to enhance the credit card experience, capitalizing on the growing demand for consumption credit in India. With the recent surge in digital payment adoption, FPL recognizes the need for a more user-friendly approach to credit management. Their flagship product, the One Score app, launched to help users check and understand their credit scores, offers a secure and straightforward way to manage credit behavior. By integrating an intuitive mobile application with their credit card services, FPL Technologies seeks to meet the evolving needs of millennials and improve their overall financial literacy and credit experience.

Simple Love

Series B in 2021
Simple Love is a natural yoghurt brand.

FPL Technologies

Series B in 2021
FPL Technologies Pvt. Ltd., founded in 2019 and headquartered in Mumbai, India, focuses on providing innovative financial solutions for a digitally savvy younger population. The company has developed a proprietary technology platform that aims to enhance the credit card experience, capitalizing on the growing demand for consumption credit in India. With the recent surge in digital payment adoption, FPL recognizes the need for a more user-friendly approach to credit management. Their flagship product, the One Score app, launched to help users check and understand their credit scores, offers a secure and straightforward way to manage credit behavior. By integrating an intuitive mobile application with their credit card services, FPL Technologies seeks to meet the evolving needs of millennials and improve their overall financial literacy and credit experience.

Zihaiguo

Series C in 2020
Developer and retailer of self-heating hot pots. The company retails various tastes of self-heating hot pots, enabling customers to enjoy hotpot conveniently at home.

Zhenkunhang

Series E in 2020
ZKH Group Ltd engages in providing MRO procurement service platform in China. It provides one-stop MRO procurement and management services for its customers, and offers digital and fulfillment solutions for participants along the industry value chain. It offers a broad range of MRO product offerings covering all MRO product lines on its platform, including spare parts, chemicals, manufacturing parts, general consumables, and office supplies. All of the Group's revenues are derived from the PRC.

XINGYUN GROUP

Series C in 2020
XINGYUN GROUP is a comprehensive services platform for global commodities in China, devoting to providing global channel operation, distribution, and supply chain services to brands, retailers, and international trade practitioners.

Simple Love

Series A in 2020
Simple Love is a natural yoghurt brand.

Zihaiguo

Series B in 2020
Developer and retailer of self-heating hot pots. The company retails various tastes of self-heating hot pots, enabling customers to enjoy hotpot conveniently at home.

Feiyu

Series A in 2020
Shanghai Feiyu Network Technology Co., Ltd. operates a luxury products trading platform. It sells bags, accessories, watches, footwear, and clothes. The company is based in Shanghai, China.

Yesmro

Series A in 2020
Yesmro is a self-operated e-commerce of MRO industrial consumer goods.

KK Group

Series D in 2019
KK Group provides an online-to-offline imported products marketplace. It provides an O2O platform that enables shoppers to purchase items from physical stores anywhere in the world through their mobile phone.

Yesmro

Series A in 2019
Yesmro is a self-operated e-commerce of MRO industrial consumer goods.

FPL Technologies

Seed Round in 2019
FPL Technologies Pvt. Ltd., founded in 2019 and headquartered in Mumbai, India, focuses on providing innovative financial solutions for a digitally savvy younger population. The company has developed a proprietary technology platform that aims to enhance the credit card experience, capitalizing on the growing demand for consumption credit in India. With the recent surge in digital payment adoption, FPL recognizes the need for a more user-friendly approach to credit management. Their flagship product, the One Score app, launched to help users check and understand their credit scores, offers a secure and straightforward way to manage credit behavior. By integrating an intuitive mobile application with their credit card services, FPL Technologies seeks to meet the evolving needs of millennials and improve their overall financial literacy and credit experience.

Pulshion

Seed Round in 2019
Pulshion is a trillion-dollar market. The size of small and medium-sized clothing stores directly facing Yimai is also a million in the country, and the direct market size exceeds 400 billion. The cognition and consumption habits of Chinese consumer groups are undergoing tremendous changes. The rise of the younger generation, the increasing demand for products and products, the signs of branding and small branding in the industry, coupled with new traffic such as short videos and live broadcasts. Rise, channels are also accelerating fragmentation and fragmentation. The quality supply chain, which relies heavily on big brand orders, is also facing a state of “not eating enough, finding out the road”.

XINGYUN GROUP

Series B in 2019
XINGYUN GROUP is a comprehensive services platform for global commodities in China, devoting to providing global channel operation, distribution, and supply chain services to brands, retailers, and international trade practitioners.

Zhenkunhang

Series D in 2019
ZKH Group Ltd engages in providing MRO procurement service platform in China. It provides one-stop MRO procurement and management services for its customers, and offers digital and fulfillment solutions for participants along the industry value chain. It offers a broad range of MRO product offerings covering all MRO product lines on its platform, including spare parts, chemicals, manufacturing parts, general consumables, and office supplies. All of the Group's revenues are derived from the PRC.

Qingmai

Venture Round in 2019
Qingmai business covers freshwater retail, community group purchase, and freshwater supply chain. Since the opening of the first brand retail store, it has successively opened up markets in Jiangsu, Zhejiang and Anhui, relying on a strong supply chain system, perfecting independent information technology systems, healthy and high-quality fresh products, and strictly maintaining customer-first service.

Qiancang Technology

Series A in 2019
Wuhan Qiancang Technology Co., Ltd. operates an e-commerce platform specializing in the retail of a wide range of food products, including vegetables, meat, seafood, and seasonal items. The company's offerings encompass eggs, beef, lamb, pork, chicken, duck, steak, and various grains and condiments. Positioned as a mobile instant delivery service, Qiancang Technology aims to deliver products within 30 minutes, enhancing convenience for consumers. The platform also provides beverages, snacks, and everyday necessities. By focusing on efficient warehousing, distribution, and stringent food safety controls, Qiancang Technology seeks to create a sustainable online retail experience that meets the evolving needs of its customers. The company is headquartered in Wuhan, China.

Yishou

Series B in 2019
Yishou.com is a fast fashion women's sourcing platform. It will increase the supply chain efficiency by integrating the hot-selling styles of the national first-level women's wholesale market through the purchase of buyers and time-limited flashing. In the mobile phone side, you can complete the purchase of the goods, support one get the goods, the price is 30% cheaper than the wholesale market.

KK Group

Series C in 2019
KK Group provides an online-to-offline imported products marketplace. It provides an O2O platform that enables shoppers to purchase items from physical stores anywhere in the world through their mobile phone.

&ME

Seed Round in 2019
A women's food and nutrition company based out of Bangalore. Carefully blending ancient ayurveda with modern science to make products that match the active lifestyle of this generation's women.

XINGYUN GROUP

Series B in 2018
XINGYUN GROUP is a comprehensive services platform for global commodities in China, devoting to providing global channel operation, distribution, and supply chain services to brands, retailers, and international trade practitioners.

Myra

Venture Round in 2018
We believe in creating a healthier tomorrow without having to struggle physically or financially today. Headquartered in Bangalore, we operate our own warehouses (full stack) to ensure the best quality of medicines to our customers without compromising on the experience. We are voted among the top 17 startups to watch out for in 2017.

Zhenkunhang

Series C in 2018
ZKH Group Ltd engages in providing MRO procurement service platform in China. It provides one-stop MRO procurement and management services for its customers, and offers digital and fulfillment solutions for participants along the industry value chain. It offers a broad range of MRO product offerings covering all MRO product lines on its platform, including spare parts, chemicals, manufacturing parts, general consumables, and office supplies. All of the Group's revenues are derived from the PRC.

KK Group

Series B in 2018
KK Group provides an online-to-offline imported products marketplace. It provides an O2O platform that enables shoppers to purchase items from physical stores anywhere in the world through their mobile phone.

Hot & Hot

Series B in 2018
Hot & Hot is one of the fastest growing on-demand food providers in China. The Company is the dominant leader in online crawfish retailer with over 50% market share in Beijing. With its proprietary supply chain technology, it is currently transforming the traditional restaurant business into a consumer centric online retail brand.

Zhenkunhang

Series B in 2017
ZKH Group Ltd engages in providing MRO procurement service platform in China. It provides one-stop MRO procurement and management services for its customers, and offers digital and fulfillment solutions for participants along the industry value chain. It offers a broad range of MRO product offerings covering all MRO product lines on its platform, including spare parts, chemicals, manufacturing parts, general consumables, and office supplies. All of the Group's revenues are derived from the PRC.

Woodstock Of Eating

Series A in 2017
Operator of city fairs for young people with music party and food retail. The company provides a space for the young generation with high quality leisure activities. In addition, the company also provides brand consultation services for business.

Zhenkunhang

Series B in 2017
ZKH Group Ltd engages in providing MRO procurement service platform in China. It provides one-stop MRO procurement and management services for its customers, and offers digital and fulfillment solutions for participants along the industry value chain. It offers a broad range of MRO product offerings covering all MRO product lines on its platform, including spare parts, chemicals, manufacturing parts, general consumables, and office supplies. All of the Group's revenues are derived from the PRC.

Dafengshou

Series B in 2017
Founded in 2014, Dafengshou sells pesticide, fertilizer, agricultural tools and books to over 300,000 farmers in China. The platform currently covers a number of provinces in China including Jiangxi, Anhui, Guangdong, Guangxi and Hubei.

Woodstock Of Eating

Angel Round in 2016
Operator of city fairs for young people with music party and food retail. The company provides a space for the young generation with high quality leisure activities. In addition, the company also provides brand consultation services for business.

Shotformats

Series A in 2013
Shotformats Digital Production Private Limited is a promising digital distribution and a new media company that develops innovative digital platforms, products, and content to service and reach audiences via varied digital distribution streams. In focus is the Value Added Service and Direct To Consumer initiative under the brand "Biscoot".

Guanghetang

Series B in 2011
Guanghetang is a Shanghai-based company specializing in the processing and distribution of meals and soups designed for women in postpartum confinement and nursing female health. Founded in 2003, it promotes a scientifically informed approach to confinement meals and dietary adjustments, recognizing this period as optimal for improving women's health. The company offers personalized meal kits that combine traditional Chinese medicine with modern nutritional science, aimed at supporting mothers during their recovery after childbirth. Guanghetang's products are available through specialty stores across China, with branches located in key cities including Beijing, Hangzhou, Chengdu, and Shenzhen. Through its innovative offerings, Guanghetang has established itself as a leader in the niche market of confinement meals and female health care.

FedEx

Post in 1995
FedEx Corporation is a global leader in transportation, e-commerce, and business services. The company operates several segments, including FedEx Express, which specializes in expedited shipping of packages and freight, and FedEx Ground, which offers reliable ground delivery services for both businesses and residential customers. FedEx Freight provides less-than-truckload shipping solutions, while FedEx Office delivers various printing and shipping management services. Additionally, the company offers a range of logistics and supply chain management solutions, including customs brokerage and freight forwarding. With a strong emphasis on safety and customer service, FedEx has built a reputation as a trusted employer and service provider. Founded in 1971 and headquartered in Memphis, Tennessee, FedEx continues to innovate in the shipping industry, exemplified by its acquisition of TNT Express in 2016, which expanded its operations in Europe.
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