Matrix

Matrix Partners, established in 1977, is a prominent venture capital firm headquartered in San Francisco, California. The firm focuses on early-stage and early-growth investments, partnering with entrepreneurs to build significant, industry-leading companies. With a global perspective and local expertise, Matrix combines the insights of former entrepreneurs and experienced investors to guide its portfolio companies. The firm has a proven track record, having invested in over 500 companies, with 50 going public and 75 achieving profitable M&A exits. Notable investments include Baidu, Apple, and Oculus. Matrix invests across various sectors, including applied AI, B2B SaaS, digital health, and sustainable-defined hardware.

Ben Altshuler

Partner

Timothy Barrows

General Partner

Diana Kimball Berlin

Partner

Phyllis Doherty

Administrative Partner

Paul Ferri

Co-Founder

Wan Haoji

Partner

Kun Qian

Managing Director

Stan Reiss

General Partner

Brian Ru

Venture Partner

Bo Shao

Founding Managing Partner

Paul Sherer

Venture Partner

David Skok

General Partner

David Su

Founding Managing Partner

Ilya Sukhar

Partner

Sun Linghao

Managing Partner

Tong Ti

Vice President

Kevin Xiong

Partner

Eric YU

Director

Past deals in Virtual Reality

Luma AI

Series B in 2024
Luma AI is a generative AI startup focused on transforming text descriptions into realistic 3D models, enhancing how individuals capture and experience their surroundings. The company aims to revolutionize the sharing of memories, product exploration, and navigation in online spaces by advancing the integration of photos and videos into mixed-reality environments. Utilizing a neural capture and rendering system, Luma AI enables photorealistic representations derived from casual smartphone photos, catering to industries such as e-commerce, real estate, and 3D gaming. By expanding human imagination and capabilities, Luma AI seeks to shape a more immersive three-dimensional future.

Luma AI

Series B in 2024
Luma AI is a generative AI startup focused on transforming text descriptions into realistic 3D models, enhancing how individuals capture and experience their surroundings. The company aims to revolutionize the sharing of memories, product exploration, and navigation in online spaces by advancing the integration of photos and videos into mixed-reality environments. Utilizing a neural capture and rendering system, Luma AI enables photorealistic representations derived from casual smartphone photos, catering to industries such as e-commerce, real estate, and 3D gaming. By expanding human imagination and capabilities, Luma AI seeks to shape a more immersive three-dimensional future.

Luma AI

Series A in 2023
Luma AI is a generative AI startup focused on transforming text descriptions into realistic 3D models, enhancing how individuals capture and experience their surroundings. The company aims to revolutionize the sharing of memories, product exploration, and navigation in online spaces by advancing the integration of photos and videos into mixed-reality environments. Utilizing a neural capture and rendering system, Luma AI enables photorealistic representations derived from casual smartphone photos, catering to industries such as e-commerce, real estate, and 3D gaming. By expanding human imagination and capabilities, Luma AI seeks to shape a more immersive three-dimensional future.

Deep View Technology

Series B in 2022
Deep View Technology specializes in motion capture and the development of augmented reality (AR) and virtual reality (VR) applications. The company focuses on research and development related to three-dimensional computer vision algorithms. Utilizing wearable devices, Deep View Technology's services enable the identification of body part gestures, allowing clients to capture human postures in real time. This innovative approach enhances interactive experiences in virtual environments.

Luma AI

Seed Round in 2021
Luma AI is a generative AI startup focused on transforming text descriptions into realistic 3D models, enhancing how individuals capture and experience their surroundings. The company aims to revolutionize the sharing of memories, product exploration, and navigation in online spaces by advancing the integration of photos and videos into mixed-reality environments. Utilizing a neural capture and rendering system, Luma AI enables photorealistic representations derived from casual smartphone photos, catering to industries such as e-commerce, real estate, and 3D gaming. By expanding human imagination and capabilities, Luma AI seeks to shape a more immersive three-dimensional future.

Collov

Seed Round in 2021
Collov is a software-as-a-service (SaaS) company that offers a virtual interior design and shopping platform aimed at enhancing spatial intelligence. The platform utilizes artificial intelligence and virtual reality technologies to transform living spaces, providing users with an interactive interior design experience. Through its AI algorithm-driven e-commerce platform, Collov delivers tailored home decoration solutions, allowing clients to present a diverse range of interior design options to homeowners. This innovative approach enables individuals to visualize and implement their desired home aesthetics effectively.

CTRL-Labs

Venture Round in 2019
CTRL-Labs Corporation, founded in 2015 and based in New York City, specializes in developing non-invasive neural interface technology aimed at enhancing the interaction between humans and machines. The company's flagship product, the CTRL-kit, is a wireless wristband equipped with sensors that captures neural signals, allowing users to control digital devices through simple electronic pulses. This innovative platform is designed to support various applications in virtual reality, augmented reality, robotics, productivity, and clinical research. By providing developers with a software development kit (SDK) and application programming interface (API), CTRL-Labs enables the integration of neural control into their applications. The company's long-term vision focuses on fostering mass consumer adoption of neural interfaces, establishing a new standard for human-machine collaboration that transforms how users engage with technology.

CTRL-Labs

Series B in 2018
CTRL-Labs Corporation, founded in 2015 and based in New York City, specializes in developing non-invasive neural interface technology aimed at enhancing the interaction between humans and machines. The company's flagship product, the CTRL-kit, is a wireless wristband equipped with sensors that captures neural signals, allowing users to control digital devices through simple electronic pulses. This innovative platform is designed to support various applications in virtual reality, augmented reality, robotics, productivity, and clinical research. By providing developers with a software development kit (SDK) and application programming interface (API), CTRL-Labs enables the integration of neural control into their applications. The company's long-term vision focuses on fostering mass consumer adoption of neural interfaces, establishing a new standard for human-machine collaboration that transforms how users engage with technology.

PerceptIn

Series A in 2017
PerceptIn, Inc. is a visual intelligence company based in Sunnyvale, California, founded in 2016. The company specializes in providing perception, insight, and intelligence solutions through a combination of hardware and software. Its offerings include the PerceptIn Robotics Vision System, which features a visual inertial module designed for real-time tracking and mapping with centimeter-level accuracy. PerceptIn's technology is applicable across various sectors, catering to customers such as robot manufacturers, VR/AR device creators, content developers, and gaming companies. The company is notable for its focus on integrating advanced visual intelligence capabilities into a wide range of devices, from IoT-grade robots to autonomous vehicles. With approximately 30 employees and offices in both California and Shenzhen, China, PerceptIn has secured significant funding to support its growth and innovation in the rapidly evolving field of robotics and visual intelligence.

CTRL-Labs

Series A in 2017
CTRL-Labs Corporation, founded in 2015 and based in New York City, specializes in developing non-invasive neural interface technology aimed at enhancing the interaction between humans and machines. The company's flagship product, the CTRL-kit, is a wireless wristband equipped with sensors that captures neural signals, allowing users to control digital devices through simple electronic pulses. This innovative platform is designed to support various applications in virtual reality, augmented reality, robotics, productivity, and clinical research. By providing developers with a software development kit (SDK) and application programming interface (API), CTRL-Labs enables the integration of neural control into their applications. The company's long-term vision focuses on fostering mass consumer adoption of neural interfaces, establishing a new standard for human-machine collaboration that transforms how users engage with technology.

KUKRGAME

Series A in 2016
KUKRGAME develops augmented reality and virtual reality games. They used virtual toys that were beyond reality to create fantasy. Their games are mercenary, Italian ops, conflict, and silicon rising.

Kujiale

Series C in 2016
Kujiale is a Chinese-based online platform specializing in home decoration and furnishing information. Founded by Hang Chen and headquartered in Hangzhou, the company offers business reviews and facilitates design processes through advanced tools such as 3D modeling, texture swapping, and floor planning software. Users can visualize designs in various formats like 360-degree views, augmented reality, photo-realistic rendering, or virtual reality to make informed decisions about their home decor choices.

Kujiale

Series B in 2014
Kujiale is a Chinese-based online platform specializing in home decoration and furnishing information. Founded by Hang Chen and headquartered in Hangzhou, the company offers business reviews and facilitates design processes through advanced tools such as 3D modeling, texture swapping, and floor planning software. Users can visualize designs in various formats like 360-degree views, augmented reality, photo-realistic rendering, or virtual reality to make informed decisions about their home decor choices.

Oculus

Series B in 2013
Oculus, founded in 2012 and headquartered in Menlo Park, California, is a company focused on advancing virtual reality technology to enhance how individuals interact with digital content. The Oculus platform supports devices such as Rift and Samsung's Gear VR, allowing users to experience immersive environments and engage in activities with others across the globe. One of its notable products, Oculus Medium, is a virtual reality sculpting tool that facilitates the creation and painting of digital sculptures specifically for use with the Oculus Rift. This application empowers users to sculpt, model, and paint in a fully immersive setting, enabling the design of characters, objects, and artistic works with ease. Oculus aims to revolutionize the gaming experience and broaden the possibilities of virtual interaction through its innovative technology.

Oculus

Series A in 2013
Oculus, founded in 2012 and headquartered in Menlo Park, California, is a company focused on advancing virtual reality technology to enhance how individuals interact with digital content. The Oculus platform supports devices such as Rift and Samsung's Gear VR, allowing users to experience immersive environments and engage in activities with others across the globe. One of its notable products, Oculus Medium, is a virtual reality sculpting tool that facilitates the creation and painting of digital sculptures specifically for use with the Oculus Rift. This application empowers users to sculpt, model, and paint in a fully immersive setting, enabling the design of characters, objects, and artistic works with ease. Oculus aims to revolutionize the gaming experience and broaden the possibilities of virtual interaction through its innovative technology.
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