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 GreenTech

Semitech

Series C in 2023
Semitech is an intelligent manufacturing system supplier focused on providing integrated manufacturing solutions for high-tech industries.

Carbonstop

Series B in 2022
Carbonstop specializes in carbon emission management solutions, offering a comprehensive software platform designed to assist businesses in calculating, analyzing, managing, and reporting their carbon emissions. The company provides carbon accounting software that enables enterprises to effectively track and reduce their CO2 emissions. In addition to its software offerings, Carbonstop also delivers carbon management consulting and training services, helping organizations implement strategies to minimize their carbon footprint. Through these solutions, Carbonstop aims to support companies in their efforts to promote sustainability and reduce their environmental impact.

Neptune Robotics

Series A in 2022
Neptune Robotics develops and manufactures underwater drones designed for enterprises in the maritime industry. Its underwater drones reduce the spread of invasive species in the ocean and also include filtration and debris collection systems designed to clean up oceans, enabling the reduction of waste in the oceans and improve ocean ecosystems.

Deep View Technology

Series B in 2022
Beijing Deep View Technology Co., Ltd. engaged in research on 3D computer vision algorithm. The company is based in Beijing, China.

Radium Technology

Series A in 2021
Radium Technology focuses on deep application of metal 3D printing technology in the field of mold manufacturing and application.

Zhongke Guosheng

Angel Round in 2021
Zhongke Guosheng is a bio-based materials R&D firm that designs and develops furan-based bio-based materials.

Space Transportation

Venture Round in 2021
Space Transportation designs and manufactures space transport systems intended to reduce space exploration costs. It specializes in developing reusable commercial space transport vehicles, aiming to reduce commercial launch costs associated with reentry and carrier recycling.

Geometrical-Pal

Seed Round in 2021
Geometrical-PAL is a Chinese autonomous driving technology developer.

GRIT Biotechnology

Series A in 2021
GRIT Biotechnology is engaged in research and development of tumor infiltration lymphocytes immunotherapy for curing solid tumors. The company is based in Shanghai, China.

Pesto Tech

Venture Round in 2021
Pesto Tech (India) Private Limited, established in 2017 and headquartered in Gurugram, India, focuses on providing training and education for software engineers seeking job opportunities in international markets. The company offers a 12-week career accelerator program that equips students and professionals with essential skills and knowledge in software engineering. Pesto Tech aims to upskill India's 5 million software engineers by connecting them with top global tech companies, facilitating access to full-time remote jobs that can lead to higher salaries. Additionally, the company employs AI technology to streamline talent acquisition by analyzing developer profiles and conducting assessments, thus enhancing the hiring process for employers.

Huicang Technology

Series A in 2021
Based on the core technology of high-speed three-dimensional warehousing automation, Huicang Technology focuses on two innovative product lines of standardized and modular high-speed three-dimensional storage and sorting. The company was co-founded by two American professors in the field of robotics and real-time control. The core team has gathered elites in logistics equipment, warehousing operations and other industries, with strong independent research and development strength and perfect production and implementation capabilities. Huicang products are widely used in manufacturing, distribution and terminals. With the outstanding advantages of "saving people and land, and taking both measures", it can save more than 70% of labor and land occupation. Huicang products have the remarkable characteristics of rapid implementation and flexible relocation, and provide customers with warehouse automation solutions with high input-output ratio and high flexibility.

Edda Technology

Private Equity Round in 2021
Developer of a computer-assisted radiology technology designed to enhance efficiency and effectiveness in imaging-guided cancer treatment. The company's technology offers a platform that supports a patient-specific, disease-targeted and multi-disciplinary approach to cancer treatment, enabling physicians to use advanced clinical applications, including automated volumetric organ segmentation and virtual planning and treatment simulation.

Ambilight

Series B in 2021
Ambilight Inc., founded in 2017 and headquartered in Shenzhen, China, specializes in the research, development, and production of flexible smart films. The company is recognized for its innovative technologies in material synthesis, manufacturing processes, and product design, serving a range of applications such as car canopies, side windows, anti-glare rearview mirrors, building curtain walls, and augmented reality glasses. Ambilight operates two innovation centers, one in Shenzhen and another in the United States, collaborating strategically with multiple Fortune Global 500 companies. Through its advancements in electrochromic materials and optical film production, Ambilight aims to enhance energy efficiency and reduce emissions across various industries.

POI-TECH

Series A in 2021
Guangzhou Poi-Tech Intelligent Information Technology Co., Ltd. is engaged in intelligent manufacturing and green manufacturing collaborative innovation. The firm is was founded in 2014 and is headquartered in China.

GRIT Biotechnology

Series A in 2020
GRIT Biotechnology is engaged in research and development of tumor infiltration lymphocytes immunotherapy for curing solid tumors. The company is based in Shanghai, China.

GeneCast Biotechnology

Series E in 2020
GeneCast Biotechnology Co., Ltd. is a Beijing-based company founded in 2014 that specializes in gene research and the development of advanced cancer diagnostic solutions. The company offers a technology platform for cell-free DNA next-generation sequencing (NGS) tests, which are used for companion diagnostics, genetic profiling, prognosis, and monitoring of various solid tumors, including lung, colorectal, liver, and breast cancers. GeneCast provides non-invasive and precise tumor diagnoses and personalized treatment guidance, leveraging high-throughput sequencing and bioinformatics. The company collaborates with hospitals and research institutions to enhance cancer treatment and genetic testing, aiming to improve patient outcomes and quality of life. GeneCast is also focused on advancing its research and clinical trials while expanding its distribution channels.

TaiMei Technology

Venture Round in 2020
Taimei Technology specializes in developing cloud-based software solutions for clinical research and pharmacovigilance, aimed at enhancing efficiency in the biopharmaceutical industry. Founded in 2013 and headquartered in Jiaxing, China, the company offers a wide array of integrated solutions, including electronic data collection, drug randomization, electronic patient-reported outcomes, and medical imaging systems. Its platform supports collaboration among sponsors, clinical sites, contract research organizations (CROs), patients, and regulatory bodies, facilitating comprehensive clinical trial management and drug monitoring. Taimei Technology also provides additional services such as training, consulting, and outsourcing, catering to the needs of pharmaceutical companies and clinical research organizations. With offices in Shanghai and Beijing, Taimei Technology is dedicated to advancing the clinical research landscape through innovative technology.

GeneCast Biotechnology

Series D in 2019
GeneCast Biotechnology Co., Ltd. is a Beijing-based company founded in 2014 that specializes in gene research and the development of advanced cancer diagnostic solutions. The company offers a technology platform for cell-free DNA next-generation sequencing (NGS) tests, which are used for companion diagnostics, genetic profiling, prognosis, and monitoring of various solid tumors, including lung, colorectal, liver, and breast cancers. GeneCast provides non-invasive and precise tumor diagnoses and personalized treatment guidance, leveraging high-throughput sequencing and bioinformatics. The company collaborates with hospitals and research institutions to enhance cancer treatment and genetic testing, aiming to improve patient outcomes and quality of life. GeneCast is also focused on advancing its research and clinical trials while expanding its distribution channels.

Li Auto

Series C in 2019
Lixiang, formerly known as Chehejia (“Car and Home”), is a Beijing-based electric vehicle startup that plans to disrupt the transportation and auto industries through complete vertical integration. It designs, researches, manufactures, sells, and offers services featuring a few models of electric vehicles. It makes products including smart EVs and electric SUVs to provide customers with longer crosstown journeys. Lixiang also offers rental services and Uber-like on-demand ride-hailing. It was founded in 2015.

Li Auto

Series C in 2019
Lixiang, formerly known as Chehejia (“Car and Home”), is a Beijing-based electric vehicle startup that plans to disrupt the transportation and auto industries through complete vertical integration. It designs, researches, manufactures, sells, and offers services featuring a few models of electric vehicles. It makes products including smart EVs and electric SUVs to provide customers with longer crosstown journeys. Lixiang also offers rental services and Uber-like on-demand ride-hailing. It was founded in 2015.

TaiMei Technology

Series D in 2018
Taimei Technology specializes in developing cloud-based software solutions for clinical research and pharmacovigilance, aimed at enhancing efficiency in the biopharmaceutical industry. Founded in 2013 and headquartered in Jiaxing, China, the company offers a wide array of integrated solutions, including electronic data collection, drug randomization, electronic patient-reported outcomes, and medical imaging systems. Its platform supports collaboration among sponsors, clinical sites, contract research organizations (CROs), patients, and regulatory bodies, facilitating comprehensive clinical trial management and drug monitoring. Taimei Technology also provides additional services such as training, consulting, and outsourcing, catering to the needs of pharmaceutical companies and clinical research organizations. With offices in Shanghai and Beijing, Taimei Technology is dedicated to advancing the clinical research landscape through innovative technology.

Li Auto

Series B in 2018
Lixiang, formerly known as Chehejia (“Car and Home”), is a Beijing-based electric vehicle startup that plans to disrupt the transportation and auto industries through complete vertical integration. It designs, researches, manufactures, sells, and offers services featuring a few models of electric vehicles. It makes products including smart EVs and electric SUVs to provide customers with longer crosstown journeys. Lixiang also offers rental services and Uber-like on-demand ride-hailing. It was founded in 2015.

GeneCast Biotechnology

Series C in 2018
GeneCast Biotechnology Co., Ltd. is a Beijing-based company founded in 2014 that specializes in gene research and the development of advanced cancer diagnostic solutions. The company offers a technology platform for cell-free DNA next-generation sequencing (NGS) tests, which are used for companion diagnostics, genetic profiling, prognosis, and monitoring of various solid tumors, including lung, colorectal, liver, and breast cancers. GeneCast provides non-invasive and precise tumor diagnoses and personalized treatment guidance, leveraging high-throughput sequencing and bioinformatics. The company collaborates with hospitals and research institutions to enhance cancer treatment and genetic testing, aiming to improve patient outcomes and quality of life. GeneCast is also focused on advancing its research and clinical trials while expanding its distribution channels.

352

Angel Round in 2017
Beijing 352 Environmental Protection Technology Co., Ltd. develops and manufactures air and water purification solutions. Its product portfolio includes air purifiers, fans, anti-haze masks, automotive air conditioning filters, car purifier, air quality detectors, direct drinking reverse osmosis water purifiers, faucet water purifiers, etc. The company was founded in 2014 and is based in Beijing, China.

TaiMei Technology

Series C in 2017
Taimei Technology specializes in developing cloud-based software solutions for clinical research and pharmacovigilance, aimed at enhancing efficiency in the biopharmaceutical industry. Founded in 2013 and headquartered in Jiaxing, China, the company offers a wide array of integrated solutions, including electronic data collection, drug randomization, electronic patient-reported outcomes, and medical imaging systems. Its platform supports collaboration among sponsors, clinical sites, contract research organizations (CROs), patients, and regulatory bodies, facilitating comprehensive clinical trial management and drug monitoring. Taimei Technology also provides additional services such as training, consulting, and outsourcing, catering to the needs of pharmaceutical companies and clinical research organizations. With offices in Shanghai and Beijing, Taimei Technology is dedicated to advancing the clinical research landscape through innovative technology.

TopGene

Series A in 2016
TopGene is a genomics technology company based in Guangzhou, China, founded in 2014. It specializes in genetic testing, molecular diagnostics, and companion diagnostics for various diseases, including chromosomal disorders, hereditary deafness, newborn genetic metabolic diseases, and cancers. The company provides a range of next-generation sequencing and DNA/RNA extraction services to academic, biotechnology, government, and pharmaceutical sectors. Its offerings include applications such as exome sequencing, transcriptome sequencing, and whole genome sequencing. TopGene focuses on patient-centered care and aims to enhance human health through an integrated service model that combines scientific research with clinical applications. By promoting precision medicine, TopGene contributes to advancements in the fields of genetics and cellular technology.

Yonghong Tech

Series C in 2016
Yonghong Technology Co., Ltd., founded in February 2012 and based in Beijing, China, specializes in big data and business intelligence solutions. The company focuses on data harnessing and the extraction of data value, providing services for commercial intelligence analysis to enterprise users. Its offerings include the Yonghong Z-Suite and other products designed to facilitate easy access to data insights, enabling businesses to identify risks and enhance operational efficiency. Yonghong Tech also provides professional consulting and system construction services across various sectors, including broadcasting, telecommunications, mobile, security, and government. The company holds patents in areas such as distributed computing, cloud computing, and data processing, reflecting its commitment to innovation in the field of data analytics.

TaiMei Technology

Series B in 2016
Taimei Technology specializes in developing cloud-based software solutions for clinical research and pharmacovigilance, aimed at enhancing efficiency in the biopharmaceutical industry. Founded in 2013 and headquartered in Jiaxing, China, the company offers a wide array of integrated solutions, including electronic data collection, drug randomization, electronic patient-reported outcomes, and medical imaging systems. Its platform supports collaboration among sponsors, clinical sites, contract research organizations (CROs), patients, and regulatory bodies, facilitating comprehensive clinical trial management and drug monitoring. Taimei Technology also provides additional services such as training, consulting, and outsourcing, catering to the needs of pharmaceutical companies and clinical research organizations. With offices in Shanghai and Beijing, Taimei Technology is dedicated to advancing the clinical research landscape through innovative technology.

Raven Tech

Series A in 2016
Raven Tech, Inc. is a Beijing-based startup founded in 2014, specializing in the development of independent app prototypes and creative projects. The company offers a range of innovative tools, including Logonator for generating random logo shapes, Convertor for transforming images into triangular pixel grids, and Vinput, which uses webcam input to create real-time pixelated visuals. Additionally, Raven Tech provides Asky, which embeds text into triangles, and Tribrush, a tool for designing icons and patterns. The company also features Mojifest, a collection of animated symbols for communication, and Re:morse, a font that combines triangular elements for encryption purposes. With a focus on artificial intelligence, big data, and next-generation operating systems, Raven Tech has gained recognition as a participant in significant startup accelerators, including Microsoft Venture Accelerator and Y Combinator. As of 2017, it operates as a subsidiary of Baidu, Inc.

TaiMei Technology

Series A in 2016
Taimei Technology specializes in developing cloud-based software solutions for clinical research and pharmacovigilance, aimed at enhancing efficiency in the biopharmaceutical industry. Founded in 2013 and headquartered in Jiaxing, China, the company offers a wide array of integrated solutions, including electronic data collection, drug randomization, electronic patient-reported outcomes, and medical imaging systems. Its platform supports collaboration among sponsors, clinical sites, contract research organizations (CROs), patients, and regulatory bodies, facilitating comprehensive clinical trial management and drug monitoring. Taimei Technology also provides additional services such as training, consulting, and outsourcing, catering to the needs of pharmaceutical companies and clinical research organizations. With offices in Shanghai and Beijing, Taimei Technology is dedicated to advancing the clinical research landscape through innovative technology.

Yonghong Tech

Series B in 2015
Yonghong Technology Co., Ltd., founded in February 2012 and based in Beijing, China, specializes in big data and business intelligence solutions. The company focuses on data harnessing and the extraction of data value, providing services for commercial intelligence analysis to enterprise users. Its offerings include the Yonghong Z-Suite and other products designed to facilitate easy access to data insights, enabling businesses to identify risks and enhance operational efficiency. Yonghong Tech also provides professional consulting and system construction services across various sectors, including broadcasting, telecommunications, mobile, security, and government. The company holds patents in areas such as distributed computing, cloud computing, and data processing, reflecting its commitment to innovation in the field of data analytics.

ETComm

Series A in 2015
ETComm (Beijing) Science & Technology Co., Ltd. develops new digital healthcare terminal equipment. The company is based in Beijing, China.

Raven Tech

Series A in 2015
Raven Tech, Inc. is a Beijing-based startup founded in 2014, specializing in the development of independent app prototypes and creative projects. The company offers a range of innovative tools, including Logonator for generating random logo shapes, Convertor for transforming images into triangular pixel grids, and Vinput, which uses webcam input to create real-time pixelated visuals. Additionally, Raven Tech provides Asky, which embeds text into triangles, and Tribrush, a tool for designing icons and patterns. The company also features Mojifest, a collection of animated symbols for communication, and Re:morse, a font that combines triangular elements for encryption purposes. With a focus on artificial intelligence, big data, and next-generation operating systems, Raven Tech has gained recognition as a participant in significant startup accelerators, including Microsoft Venture Accelerator and Y Combinator. As of 2017, it operates as a subsidiary of Baidu, Inc.

Yonghong Tech

Series A in 2015
Yonghong Technology Co., Ltd., founded in February 2012 and based in Beijing, China, specializes in big data and business intelligence solutions. The company focuses on data harnessing and the extraction of data value, providing services for commercial intelligence analysis to enterprise users. Its offerings include the Yonghong Z-Suite and other products designed to facilitate easy access to data insights, enabling businesses to identify risks and enhance operational efficiency. Yonghong Tech also provides professional consulting and system construction services across various sectors, including broadcasting, telecommunications, mobile, security, and government. The company holds patents in areas such as distributed computing, cloud computing, and data processing, reflecting its commitment to innovation in the field of data analytics.

ETCP

Series A in 2015
ETCP is the world's leading brand of intelligent parking industry, the wisdom of China's parking industry, founder and leader. Under the care and guidance of the relevant ministries and commissions of the state, Beijing Yuechang Technology Co., Ltd. was established in Beijing in 2012 with the guidance of the Chinese Government's strategy of building a smart city to enhance the urban public service management capability. The Group is headquartered in Beijing CBD Business, in the United States, Hong Kong and China a second-tier cities with core (sub) nearly 20 companies, holding and equity participation in more than 10 industry-related enterprises, the size of thousands of employees, enterprise market value of more than 4 billion yuan.

Raven Tech

Angel Round in 2014
Raven Tech, Inc. is a Beijing-based startup founded in 2014, specializing in the development of independent app prototypes and creative projects. The company offers a range of innovative tools, including Logonator for generating random logo shapes, Convertor for transforming images into triangular pixel grids, and Vinput, which uses webcam input to create real-time pixelated visuals. Additionally, Raven Tech provides Asky, which embeds text into triangles, and Tribrush, a tool for designing icons and patterns. The company also features Mojifest, a collection of animated symbols for communication, and Re:morse, a font that combines triangular elements for encryption purposes. With a focus on artificial intelligence, big data, and next-generation operating systems, Raven Tech has gained recognition as a participant in significant startup accelerators, including Microsoft Venture Accelerator and Y Combinator. As of 2017, it operates as a subsidiary of Baidu, Inc.

TechMed Healthcare

Venture Round in 2013
TechMed Healthcare is a modern healthcare organization focused on promoting preventive healthcare to enhance overall well-being. It recognizes the challenges posed by contemporary lifestyles, particularly for those with familial health issues, and addresses the confusion often caused by excessive health information available in the media. The organization prioritizes understanding individual health statuses and susceptibility to diseases, employing advanced technology for accurate diagnostics and early intervention. TechMed Healthcare operates a hospital lab management pathology chain that provides timely laboratory testing, diagnostic services, and imaging, enabling healthcare providers to efficiently deliver test results and improve patient care. Its team comprises highly trained medical professionals dedicated to making healthcare accessible and affordable for everyone, emphasizing the importance of health maintenance as a pathway to happiness.

Aegis

Series B in 2011
Aegis operates in multiple sectors, including financial advisory and environmental technology. In the financial realm, Aegis provides independent, conflict-free advice tailored to the unique needs of its clients, ensuring a focus on their goals through access to world-class services, cutting-edge technology, and independent research from reputable sources. Their offerings encompass a range of market services, including institutional trading, fixed income access, and asset management, catering to retail, institutional, and corporate clients. In the environmental sector, Aegis Petroleum Technology specializes in sewage treatment services, particularly for oil field waste and wastewater from various sources. Established in 2009 in Shanghai, the company utilizes proprietary technology and equipment to deliver comprehensive sewage disposal solutions, encompassing design, installation, and operational support. This dual focus allows Aegis to serve diverse client needs effectively, combining expertise in financial services with advanced environmental solutions.

NibiruTech Limited

Series A in 2011
NibiruTech, founded in July 2007, is engaged in iOS application development. Its main products include IslandEmpire, GalaxyEmpire, and KingsEmpire. Galaxy Empire ranked first in North America Apple’s AppStore on April 4, 2013, the best a Chinese-developed app has done in the AppStore. NibiruTech applies advanced concepts and technology to the development and has been invited to publish seven articles on Chinese magazines for programmers. InfoQ, a technology media site interviewed NibiruTech, recognizing the latter’s advanced development concepts.

Aegis

Series A in 2010
Aegis operates in multiple sectors, including financial advisory and environmental technology. In the financial realm, Aegis provides independent, conflict-free advice tailored to the unique needs of its clients, ensuring a focus on their goals through access to world-class services, cutting-edge technology, and independent research from reputable sources. Their offerings encompass a range of market services, including institutional trading, fixed income access, and asset management, catering to retail, institutional, and corporate clients. In the environmental sector, Aegis Petroleum Technology specializes in sewage treatment services, particularly for oil field waste and wastewater from various sources. Established in 2009 in Shanghai, the company utilizes proprietary technology and equipment to deliver comprehensive sewage disposal solutions, encompassing design, installation, and operational support. This dual focus allows Aegis to serve diverse client needs effectively, combining expertise in financial services with advanced environmental solutions.

Tigo Energy

Series B in 2009
Tigo Energy, Inc. specializes in developing module level power electronics (MLPE) and module optimizer technology for the solar industry. The company provides solar optimizers and software solutions, including module-level monitoring software for various photovoltaic (PV) arrays, as well as a mobile application for managing solar installations. Tigo also offers communication solutions, such as gateways and the Maximizer Management Unit, which facilitates communication between optimizers and inverters, alongside Cloud Connect for on-site management of solar components. Serving residential, commercial, utility, and government markets, Tigo Energy enhances the efficiency and reliability of solar installations, leading to improved output and reduced costs. The company distributes its products globally, with operations in the United States, Europe, Japan, China, Australia, Brazil, and the Middle East. Founded in 2007 and headquartered in Campbell, California, Tigo Energy also maintains an office in Tuscany, Italy.

Tigo Energy

Series A in 2008
Tigo Energy, Inc. specializes in developing module level power electronics (MLPE) and module optimizer technology for the solar industry. The company provides solar optimizers and software solutions, including module-level monitoring software for various photovoltaic (PV) arrays, as well as a mobile application for managing solar installations. Tigo also offers communication solutions, such as gateways and the Maximizer Management Unit, which facilitates communication between optimizers and inverters, alongside Cloud Connect for on-site management of solar components. Serving residential, commercial, utility, and government markets, Tigo Energy enhances the efficiency and reliability of solar installations, leading to improved output and reduced costs. The company distributes its products globally, with operations in the United States, Europe, Japan, China, Australia, Brazil, and the Middle East. Founded in 2007 and headquartered in Campbell, California, Tigo Energy also maintains an office in Tuscany, Italy.

Grandis

Venture Round in 2005
Grandis is the pioneer in developing and licensing innovative non-volatile memory solutions derived from cutting-edge research in spintronics. Its mission is to enable revolutionary products through application of the electron's spin to store, manipulate and transmit information.
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