# Matrix Partners China's AI Investments: 19 Startups in Its Portfolio (2026)

> The 19 AI startups Matrix Partners China has backed, by stage: $1.2B raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/matrix-partners-china-2-ai-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Series C and later

6

- [Lightelligence](https://millionrounds.com/company/lightelligence)
- [Weimai](https://millionrounds.com/company/weimai)
- [Yaoyanshe](https://millionrounds.com/company/yaoyanshe)
- [Nutshell Therapeutics](https://millionrounds.com/company/nutshell-therapeutics)
- [Cyclone Robotics](https://millionrounds.com/company/cyclone-robotics)
- [Trifo](https://millionrounds.com/company/trifo)

## Series B

5

- [Simple](https://millionrounds.com/company/simple)
- [Kaon](https://millionrounds.com/company/kaon)
- [Neptune Robotics](https://millionrounds.com/company/neptune-robotics)
- [Powerlaw AI](https://millionrounds.com/company/powerlaw-ai)
- [Oda Class](https://millionrounds.com/company/oda-class)

## Series A

4

- [*S* Sand.ai](https://millionrounds.com/company/sand-ai)
- [Collov Labs](https://millionrounds.com/company/collov-labs)
- [Raven Tech](https://millionrounds.com/company/raven-tech)
- [*E* Elens](https://millionrounds.com/company/elens)

## Pre-seed and seed

4

- [aetherAI](https://millionrounds.com/company/aetherai)
- [Wen Xiaobai](https://millionrounds.com/company/wen-xiaobai)
- [Creao AI](https://millionrounds.com/company/creao-ai)
- [Tiiny AI](https://millionrounds.com/company/tiiny-ai)

## Segment by segment

### Series C and later

6 startups · $540M raised

- [**Lightelligence**](https://millionrounds.com/company/lightelligence) Lightelligence is an optical computing company founded in 2017 as a spin-out from MIT. United States $220M
- [**Weimai**](https://millionrounds.com/company/weimai) Weimai uses big data and artificial intelligence to digitize their healthcare service platform. China $127M
- [**Yaoyanshe**](https://millionrounds.com/company/yaoyanshe) Yaoyanshe is a clinical research technology company based in Shanghai, specializing in the pharmaceutical R&D ecosystem. China $86M
- [**Nutshell Therapeutics**](https://millionrounds.com/company/nutshell-therapeutics) Nutshell Therapeutics invents small molecules in the realm of drug discovery fostered by protein dynamics. China $40M
- [**Cyclone Robotics**](https://millionrounds.com/company/cyclone-robotics) Cyclone Robotics is a prominent provider of Robotic Process Automation (RPA) software and hyperautomation solutions, founded in 20 China $40M
- [**Trifo**](https://millionrounds.com/company/trifo) Trifo is a Santa Clara, California-based company founded in 2016 that specializes in developing intelligent, autonomous cleaning r United States $27M

### Series B

5 startups · $268M raised

- [**Simple**](https://millionrounds.com/company/simple) Empowering family offices with AI-driven insights, expert knowledge, family office software and vetted service providers. United States $134M
- [**Kaon**](https://millionrounds.com/company/kaon) AI Personalized Content Media United States $70M
- [**Neptune Robotics**](https://millionrounds.com/company/neptune-robotics) Neptune Robotics develops and manufactures underwater drones designed for enterprises in the maritime industry. China $52M
- [**Powerlaw AI**](https://millionrounds.com/company/powerlaw-ai) PowerLaw AI is an innovative AI startup committed to transforming the legal industry. China $11M
- [**Oda Class**](https://millionrounds.com/company/oda-class) Oda Class is an Indian edtech company operated by Pigeon Education India Private Limited, focused on providing interactive live on India $477K

### Series A

4 startups · $280M raised

- [*S* **Sand.ai**](https://millionrounds.com/company/sand-ai) Sand AI is an AI company that focuses on producing videos. China $200M
- [**Collov Labs**](https://millionrounds.com/company/collov-labs) Collov Labs is an Agentic Diffusion Lab, turning generative models into systems that can act, adapt, and scale across use cases. United States $31M
- [**Raven Tech**](https://millionrounds.com/company/raven-tech) Raven Tech is a startup which focus on artificial intelligent, big data and the next generation operating system. China $27M
- [*E* **Elens**](https://millionrounds.com/company/elens) Elens is an analysis solution developer. China $22M

### Pre-seed and seed

4 startups · $90M raised

- [**aetherAI**](https://millionrounds.com/company/aetherai) aetherAI is a medical image AI company that focuses on improving digital pathology. United States $45M
- [**Wen Xiaobai**](https://millionrounds.com/company/wen-xiaobai) Wen Xiaobai is an artificial intelligence tool for providing question-answering services. - $32M
- [**Creao AI**](https://millionrounds.com/company/creao-ai) CREAO AI is a technology company based in Hong Kong, specializing in an agent platform that creates and optimizes AI agents for ex United States $10M
- [**Tiiny AI**](https://millionrounds.com/company/tiiny-ai) Tiiny AI develops local AI computing devices for running AI models and agents on personal hardware. Singapore $3.1M

**How this map is made.** Every startup here works in AI and has raised money in a round we track that names Matrix Partners China as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Sector portfolio **Matrix Partners China's Biotech portfolio** 22 startups · $1.5B](https://millionrounds.com/portfolio-maps/matrix-partners-china-2-biotech-portfolio)[Portfolio map **Matrix Partners China portfolio map** 96 startups · $5.2B](https://millionrounds.com/portfolio-maps/matrix-partners-china-2-portfolio-map)[Investments abroad **Matrix Partners China's investments in China** 70 startups · $4.2B](https://millionrounds.com/portfolio-maps/matrix-partners-china-2-investments-china)[Co-investors **Who invests with Matrix Partners China** 50 co-investors](https://millionrounds.com/portfolio-maps/matrix-partners-china-2-co-investors)[Sector portfolio **Techstars' AI portfolio** 336 startups · $4.9B](https://millionrounds.com/portfolio-maps/techstars-ai-portfolio)[Sector portfolio **Alumni Ventures' AI portfolio** 302 startups · $36B](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-ai-portfolio)

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