About Matrix Partners China
Matrix Partners China is a venture capital firm founded in 1977. It is primarily based out of Chaoyang, China. As of Aug 2026, Matrix Partners China is an active investor, having invested in 488 companies, with 22 new investments in the last 12 months. It primarily invests in Series A round in China based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and High Tech. Most recently it participated in the $***** Series B round of Aureka Biotechnologies Overall, Matrix Partners China portfolio has seen 11 unicorns, 27 IPOs and 18 acquisitions including key companies like Klook, 36Kr and Senti Bio. A lot of funds co-invest with Matrix Partners China, with names like IDG Capital sharing a substantial percentage of its portfolio. Matrix Partners China has team of 43 people including 21 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 7 more
Portfolio IPOs
Portfolio Soonicorns
Deals in last 12 months
Matrix Partners China's List of Top Investments
Matrix Partners China has a portfolio of 488 companies, including 11 unicorns. Their most notable investments are in Landspace and simplelove.com.cn.Their portfolio spans across China, United States, Singapore and 6 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 38 other sectors, across stages such as Series A, Seed and 7 more. Here is the list of top investments by Matrix Partners China:
1. Klook
Online retailer of tours, activities, accommodations, and transport options. It provides options for various travel experiences, including cultural activities, water sports, and outdoor adventures. The platform offers tickets for attractions and events. Additionally, it facilitates booking hotels and arranging transportation like airport transfers and car rentals.
Key facts about Klook
- Founded Year: 2014
- Location: Hong Kong (China)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $1.03B
- Employee Count: 2,017 as on Jun 30, 2026
- Investors: Vitruvian Partners, Goldman Sachs Investment Partners and 26 Others
- Latest Funding Round: Series F, Feb 11, 2025, $*****
- Highlight: Editors' Pick
2. 36Kr
Online platform offering science and technology related content. The platform offers news on technology, internet, entrepreneurship, startups, and more. It also offers videos, activities, live broadcast, corporate services, government services, investor services, and more.
Key facts about 36Kr
3. AscendEX
Online trading and exchange platform for cryptocurrencies. It provides solutions such as cash and margin trading, futures and copy trading, staking and yield farming of digital assets, and more. It also enables users to purchase cryptocurrencies by making fiat payments. The application is available on Android and iOS platforms.
Key facts about AscendEX
- Founded Year: 2018
- Location: Singapore (Singapore)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $63M
- Employee Count: 112 as on Jun 30, 2026
- Investors: Perseverance Capital Management, Eterna Capital and 20 Others
- Latest Funding Round: Series B, Nov 03, 2021, $*****
- Highlight: Editors' Pick
4. Senti Bio
Developer of cell and gene therapies for patients living with incurable diseases. The company has developed its proprietary synthetic biology platform to produce cell and gene therapies for cancer treatment. The company's pipeline is comprised of cell therapies engineered with Gene Circuits to target difficult to treat liquid and solid tumors. It offers CAR-NK-based therapies for multiple cancer and tumors.
Key facts about Senti Bio
- Founded Year: 2016
- Location: San Francisco (United States)
- Annual Revenue: $0 - $1M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $158M
- Employee Count: 65 as on Jun 30, 2026
- Investors: Allen & Company, Nantahala Capital Management and 30 Others
- Latest Funding Round: Post IPO, May 02, 2026, $*****
- Highlight: Public
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5. Oda Class
Online tutoring platform for k-12 students. It is a digital learning platform offering courses, learning materials,interactive quizzes and AI powered student report for k-12 students.
Key facts about Oda Class
- Founded Year: 2017
- Location: Bengaluru (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $12.8M
- Employee Count: 468 as on Jun 30, 2026
- Investors: Matrix Partners China, Yuanfudao and 2 Others
- Latest Funding Round: Series B, Aug 29, 2024, $*****
- Highlight: Editors' Pick
Matrix Partners China's Year-on-Year Investment Trends
Matrix Partners China has invested in 488 companies over the last 18 years, with an average of 27 new investments annually in the last 10 years. In 2025, it made 9 investments, while as of Aug 2026, it has made 19 investments in this year. Its most recent first time investment was in PokeBot and most recent follow-on round was in Aureka Biotechnologies.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 17 | 2 | 19 |
2025 | 7 | 2 | 9 |
2024 | 6 | 2 | 8 |
2023 | 5 | 5 | 10 |
2022 | 24 | 12 | 36 |
2021 | 71 | 22 | 93 |
2020 | 32 | 14 | 46 |
2019 | 23 | 15 | 38 |
2018 | 34 | 32 | 66 |
2017 | 42 | 21 | 63 |
Matrix Partners China's Investments by Stage
Matrix Partners China has made 189 investments in Series A stage with an average round size of $18M, 106 investments in Seed stage with an average round size of $6.95M and 91 investments in Series B stage with an average round size of $46.5M.Stage of entry | No. of Investments |
|---|---|
Series A | 189 |
Seed | 106 |
Series B | 91 |
Angel | 37 |
Series C | 19 |
Others | 12 |
Note: We have considered here, only first round of investments
Matrix Partners China's Investments by Sector
Matrix Partners China has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, High Tech, Retail and Life Sciences. Notably, it has invested in 378 Tech companies, 233 Enterprise (B2B) companies, 196 Consumer (B2C) companies and at least 170 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 123 |
Enterprise Applications | 102 |
High Tech | 75 |
Retail | 58 |
Life Sciences | 43 |
Others | 510 |
Note: We have considered here, only first round of investments
Matrix Partners China's Investments by Geography
Matrix Partners China has made most investments in China (400), followed by United States where it has made 30 investments.Country | No. of Investments |
|---|---|
China | 400 |
United States | 30 |
Singapore | 5 |
India | 2 |
Canada | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Matrix Partners China's recent investments
Matrix Partners China has made 19 investments in 2026 so far. Aureka Biotechnologies and PokeBot are the latest among them.Here are the most recent investments by Matrix Partners China:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 10, 2026 | United States | Series B | 2633 | [+2] | |
Aug 03, 2026 | - | Seed | 8186 | [+11] | |
Jul 20, 2026 | United States | Series B | 3102 | [+5] | |
Jul 15, 2026 | - | Seed | 8368 | [+2] | |
Jul 14, 2026 | - | Series A | 3694 |
Unicorns in Matrix Partners China's Portfolio
Matrix Partners China has 11 unicorns in its portfolio - Meshy, Unitree, MEGAROBO and others. The most recent unicorn in their portfolio is Meshy. It became a unicorn in 2026.Here is a list of unicorns in Matrix Partners China's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
60 | 3D generative AI production suite for the creation of 3D game assets | 2021 | Sunnyvale | Series B | {oizhmn | ||
64 | Developer of quadruped robots, humanoid robots, robotic arms, and related components | 2016 | Hangzhou | Series C | yreudup | ||
60 | Provider of robotic solutions for industrial laboratory automation | 2016 | Singapore | Series C | ujhpaog | ||
52 | Cloud-based platform offering distributed NewSQL databases | 2015 | Sunnyvale | Series D | shw{fvu | ||
67 | Tech-driven online platform to auxiliary designs and solutions | 2011 | Hangzhou | Series E | tvsuf{o |
IPOs and Publicly Listed companies in Matrix Partners China's Portfolio
27 of Matrix Partners China's portfolio companies have become public. Nathan Automotive Electronics got listed on the Hong Kong Exchanges (HKG), in Aug 2026 at marketcap of $791M and SENASIC got listed on the Hong Kong Exchanges (HKG) at marketcap of $887M.Here are Matrix Partners China's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 07, 2026 | Jan 31, 2019 | Series B | 1157 | |
Jun 17, 2026 | May 08, 2019 | Seed | 6082 | |
Apr 17, 2026 | Jan 2014 | Series A | 5821 | |
Feb 06, 2026 | Aug 28, 2017 | Series C | 8236 | |
Dec 17, 2025 | Mar 08, 2021 | Seed | 5909 |
Acquired companies in Matrix Partners China's Portfolio
18 companies from Matrix Partners China's portfolio have been acquired. The most recent acquisition was Vogo in Mar 2022 by Chalo for $*****.Here are Matrix Partners China's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 28, 2022 | Aug 30, 2019 | Series C | 6400 | |
Jan 28, 2021 | May 2014 | Angel | 1967 | |
Jan 18, 2021 | 2013 | Series A | 3513 | |
Jul 30, 2020 | Mar 05, 2017 | Series A | 5007 | |
Apr 21, 2020 | May 2014 | Angel | 4703 |
Team profile of Matrix Partners China
Matrix Partners China has a team of 43 members including 21 Partners and 11 Principals located in China and United States. Matrix Partners China's team does not sit on the board of any company as of now.Here is a list of top team members in Matrix Partners China:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Beijing | - | - | |
Partner | Shanghai | - | ||
Partner | Beijing | - | ||
Partner | Beijing | - | ||
Partner | Chaoyang | - | ||
Partner | Chaoyang | - | ||
Partner | Chaoyang | - | ||
Partner | Huangpu | - | ||
Partner | Atherton | - | ||
Partner | Shanghai | - | - | |
Partner | Huangpu | - |
Co-investors of Matrix Partners China
Over the past 18 years, 1357 investors have co-invested in Matrix Partners China's portfolio companies. This includes funds and angels.
- Invested before Matrix Partners China: Zhen Fund, Matrix and 293 others have invested in rounds before Matrix Partners China. There are 10 companies where Zhen Fund has invested before Matrix Partners China and 9 companies where Matrix has invested before Matrix Partners China.
- Top Co-investors of Matrix Partners China: 453 investors entered a company along with Matrix Partners China. These include investors like IDG Capital (12 companies).
- Invested after Matrix Partners China: A total of 609 investors have invested in Matrix Partners China's portfolio after their investments. Top Investors include Tencent (19 companies), CICC (11 companies) and Matrix (10 companies).
Recent News related to Matrix Partners China
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Aether AI Raises $20 Million Seed Funding for Causal World Model TechnologyThe SaaS News•Jun 19, 2026•Inno Angel Fund, SWC, Matrix Partners China, Unity Ventures
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D3 Bio Secures $108 Million in Series B Financing to Advance Global Clinical ProgramsPR Newswire•Dec 10, 2025•Temasek, IDG Capital, D3 Bio, HSG and 5 others
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Gen Z Founder Launches RoboParty, Secures Seven-Figure FundingPandaily•Nov 13, 2025•Galaxy, Matrix Partners China, RoboParty, Xiaomi and 1 other
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Ranjan Pai’s MEMG-backed Finnable to raise new roundEntrackr•Feb 10, 2025•Finnable, TVS Capital Funds, Malpani, MEMG Family Office and 1 other
