Matrix

Matrix is a San Francisco based venture capital firm founded in 1977 that backs early-stage companies across AI, B2B, consumer, fintech, health tech, and infrastructure. It works with product teams from idea through Series A, offering hands-on support and strategic guidance to help portfolio companies reach scale. The team comprises former founders and operators who bring practical insight to building startups. Matrix operates globally, including Matrix Partners China, which builds long-term relationships with entrepreneurs in China and abroad and invests across sectors and stages. Over its history, Matrix has backed companies that progressed to IPOs or acquisitions, reflecting a focus on durable growth and long-term value creation through close founder collaboration and a global network.

Ben Altshuler

Partner

Timothy Barrows

General Partner

Diana Kimball Berlin

Partner

Phyllis Doherty

Administrative Partner

Paul Ferri

Investor

Past deals in Smart Home

Dessmann

Series D in 2022
Dessmann is a digital fingerprint biometric door lock supplier with head office in Stuttgart (Germany) and production unit in Hangzhou (China) and production unit in Hangzhou (China) .At Dessmann, They are committed to offering full security products and services to our customers. As a global company with offices and facilities around the world, they currently offer their digital locks in Indonesia, Singapore, China, Europe and Latin America. They will also offer their digital locks in Vietnam, Malaysia and Thailand in the near future. Their full biometric research and development centre allows us to innovate and bring new technologies and functionalities to their customers on a regular basis.

Casana

Series B in 2022
Casana, officially known as Heart Health Intelligence Inc., is a healthcare technology company based in Rochester, New York, founded in 2018. It specializes in developing innovative solutions for heart health monitoring, primarily through its flagship product, the Heart Seat. This smart toilet seat is designed to facilitate effortless and continuous in-home health monitoring by capturing essential clinical measurements such as heart rate, blood pressure, cardiac output, ECG, and blood oxygenation. The Heart Seat integrates advanced sensors, including a single-lead ECG, embedded photoplethysmogram LEDs, and sensitive weight sensors, to monitor cardiac activity. By offering a cloud-connected platform, Casana enables healthcare practitioners to track patients' cardiac health beyond traditional clinical settings, thereby enhancing the management of chronic conditions and improving patient outcomes through reliable and consistent vital signs analysis.

Dessmann

Series C in 2021
Dessmann is a digital fingerprint biometric door lock supplier with head office in Stuttgart (Germany) and production unit in Hangzhou (China) and production unit in Hangzhou (China) .At Dessmann, They are committed to offering full security products and services to our customers. As a global company with offices and facilities around the world, they currently offer their digital locks in Indonesia, Singapore, China, Europe and Latin America. They will also offer their digital locks in Vietnam, Malaysia and Thailand in the near future. Their full biometric research and development centre allows us to innovate and bring new technologies and functionalities to their customers on a regular basis.

Trifo

Series C in 2021
Trifo is a technology company that specializes in designing and manufacturing AI-powered home robots to enhance everyday living. Established in 2016 and headquartered in Santa Clara, California, with additional offices in Shenzhen and Beijing, Trifo develops integrated hardware and software systems equipped with advanced sensing, perception, and decision-making capabilities. Its robots are capable of autonomously organizing and interacting with home environments by understanding physical, geometric, and semantic elements. Additionally, Trifo provides a Software Development Kit (SDK), allowing users to integrate its products into personal projects. The company's innovative solutions aim to improve household efficiency and ease, continually adapting through advanced artificial intelligence technologies.

Addx.ai

Series A in 2021
Addx.ai, founded in early 2018, is a developer of a smart home operating system focused on creating an AI-driven Internet of Things (AIOT) platform. The company specializes in AI edge computing and video cloud solutions, aiming to connect end-product manufacturing brands, original equipment manufacturers (OEMs), and consumers globally. Addx.ai's offerings include a range of smart hardware and solutions that integrate AI technology into home products. Their product lineup features integrated home security, device control, energy management, and intelligent visual and speech recognition systems, all designed to enhance protection and convenience for consumers in their homes. The founding team comprises individuals with backgrounds from prominent organizations such as Amazon and esteemed institutions like Tsinghua University and the Swiss Federal Institute of Technology.

Trifo

Series B in 2020
Trifo is a technology company that specializes in designing and manufacturing AI-powered home robots to enhance everyday living. Established in 2016 and headquartered in Santa Clara, California, with additional offices in Shenzhen and Beijing, Trifo develops integrated hardware and software systems equipped with advanced sensing, perception, and decision-making capabilities. Its robots are capable of autonomously organizing and interacting with home environments by understanding physical, geometric, and semantic elements. Additionally, Trifo provides a Software Development Kit (SDK), allowing users to integrate its products into personal projects. The company's innovative solutions aim to improve household efficiency and ease, continually adapting through advanced artificial intelligence technologies.

Trifo

Series A in 2018
Trifo is a technology company that specializes in designing and manufacturing AI-powered home robots to enhance everyday living. Established in 2016 and headquartered in Santa Clara, California, with additional offices in Shenzhen and Beijing, Trifo develops integrated hardware and software systems equipped with advanced sensing, perception, and decision-making capabilities. Its robots are capable of autonomously organizing and interacting with home environments by understanding physical, geometric, and semantic elements. Additionally, Trifo provides a Software Development Kit (SDK), allowing users to integrate its products into personal projects. The company's innovative solutions aim to improve household efficiency and ease, continually adapting through advanced artificial intelligence technologies.

XGimi

Corporate Round in 2018
XGimi is a developer and manufacturer of high-performance, multi-functional smart projectors and laser TVs, established in 2012 and based in Chengdu, China. The company specializes in high-definition projectors that are embedded with an Android operating system and offer three-dimensional viewing capabilities. XGimi is dedicated to creating affordable giant-screen projection solutions, aiming to enhance the viewing experience for consumers worldwide.

Xpeng Motors

Series B in 2018
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.

Xpeng Motors

Series A in 2017
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.

Meiweishenghuo (Delicious Life)

Series A in 2017
Meiweishenghuo, also known as Delicious Life, is a Beijing-based company that specializes in the manufacturing and operation of smart vending machines across urban centers in China. Founded by a former manager from Meituan-Dianping, the company provides a checkout-free shopping experience that enables customers to purchase fresh produce, including lunchboxes, fruits, salads, snacks, and beverages, by simply scanning a QR code. Meiweishenghuo collaborates with leading merchants to ensure high-quality offerings, utilizing full cold-chain distribution to maintain the freshness and preservation of its products. The company is focused on establishing the largest offline platform for intelligent vending machines in China, making fine food easily accessible to consumers.

Misspao

Series A in 2017
Misspao is a Chinese start-up specializing in the development of fully-automated mini fitness rooms designed for convenient, self-service exercise. Each mini-gym can accommodate one to two users and is equipped with essential fitness equipment, including a treadmill, as well as amenities like an air cleaner and a solar power supply system. Users can easily locate and reserve these fitness rooms through a mobile app, gaining access by scanning their smartphones upon arrival. This innovative approach allows individuals to work out at their convenience, promoting flexibility and accessibility in personal fitness.

Misspao

Angel Round in 2017
Misspao is a Chinese start-up specializing in the development of fully-automated mini fitness rooms designed for convenient, self-service exercise. Each mini-gym can accommodate one to two users and is equipped with essential fitness equipment, including a treadmill, as well as amenities like an air cleaner and a solar power supply system. Users can easily locate and reserve these fitness rooms through a mobile app, gaining access by scanning their smartphones upon arrival. This innovative approach allows individuals to work out at their convenience, promoting flexibility and accessibility in personal fitness.

Trifo

Series A in 2017
Trifo is a technology company that specializes in designing and manufacturing AI-powered home robots to enhance everyday living. Established in 2016 and headquartered in Santa Clara, California, with additional offices in Shenzhen and Beijing, Trifo develops integrated hardware and software systems equipped with advanced sensing, perception, and decision-making capabilities. Its robots are capable of autonomously organizing and interacting with home environments by understanding physical, geometric, and semantic elements. Additionally, Trifo provides a Software Development Kit (SDK), allowing users to integrate its products into personal projects. The company's innovative solutions aim to improve household efficiency and ease, continually adapting through advanced artificial intelligence technologies.

Leanvision.cn

Series A in 2015
Leanvision.cn is a smart socket and energy saving systems developer company.

Phantom

Series A in 2013
Phantom Smart is a research and development design service provider of autonomic 2.4G network-based household products. The company’s flagship product is the Phantom Smart Maiden Voyage Set that includes two smart lights (Nova), a wireless switch (Stick and press), an environmental control (EcoTower), and a gateway (TelePort). These products allow users to remotely control the AC, check home temperature and humidity, and check if there are harmful gases present in homes. Through digitization of homes, Phantom Smart provides more life possibilities for users.

Xiaomi

Series C in 2012
Xiaomi Corporation is an Internet company that provides hardware, software, and Internet services globally. It operates through segments including Smartphones, IoT and Lifestyle Products, and Internet Services. Xiaomi offers a wide range of products such as smartphones, smart TVs, laptops, AI speakers, smart routers, and various IoT devices. The company also provides advertising services and other internet value-added services.
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