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Matrix Partners China portfolio map

96 startups Matrix Partners China has backed in rounds we track, since 2012, grouped by their main sector. Together they have raised $5.2B. The biggest sector is Biotech, with 23 companies.

96startups backed
12sectors
$5.2Braised between them
Biotechbiggest sector

Matrix Partners China's investor profile

Biotech

23

AI

20

Healthtech

8

E-commerce

8

Entertainment

6

Web3 & Crypto

6

Foodtech

5

Edtech

4

Cloud

4

Internet

4

Consumer Apps

4

Beauty

4

Segment by segment

Biotech

23 startups · $1.6B raised

  1. InventisBioInventisBio is a clinical-stage biopharmaceutical company based in Shanghai, China, with operations in New Jersey, USA.China$236M
  2. NBNuance BiotechNuance Biotech is a pharmaceutical company Based In China.China$201M
  3. Adlai NortyeAdlai Nortye is a clinical-stage biopharmaceutical company that deveops cancer treatments for diverse tumor types.China$190M
  4. Nuance PharmaNuance Pharma is a specialty biopharmaceutical company based in Shanghai, founded in 2014 by Mark Lotter.China$181M
  5. Senti BiosciencesSenti Biosciences is a biotechnology company that focuses on synthetic biology and gene circuit engineering for therapeutic applications.United States$169M
  6. D3 BioD3 Bio is a clinical-stage biotechnology company based in Wuxi, China, founded in 2020.China$108M
  7. GRIT BiotechnologyGrit Biotechnology, also known as Grit Bio, is a clinical-stage biopharmaceutical company based in Shanghai, China.China$84M
  8. Excalipoint TherapeticsExcalipoint Therapeutics develops targeted therapies that focus on modulating disease pathways at specific biological points.Hong Kong SAR China$69M

AI

20 startups · $1.2B raised

  1. LightelligenceLightelligence is an optical computing company founded in 2017 as a spin-out from MIT.United States$220M
  2. SSand.aiSand AI is an AI company that focuses on producing videos.China$200M
  3. SimpleEmpowering family offices with AI-driven insights, expert knowledge, family office software and vetted service providers.United States$134M
  4. WeimaiWeimai uses big data and artificial intelligence to digitize their healthcare service platform.China$127M
  5. YaoyansheYaoyanshe is a clinical research technology company based in Shanghai, specializing in the pharmaceutical R&D ecosystem.China$86M
  6. KaonAI Personalized Content MediaUnited States$70M
  7. Neptune RoboticsNeptune Robotics develops and manufactures underwater drones designed for enterprises in the maritime industry.-$52M
  8. YYihang.aiYihang.ai manufactures autonomous driving systems.China$47M

Healthtech

8 startups · $232M raised

  1. PMPeijia MedicalPeijia Medical is an interventional medical products provider-$100M
  2. TITOPI Imaging TechnologyTOPI Imaging Technology is a medical device firm providing OCT retinal diagnostic system and sweep optical biometer.-$69M
  3. HeadlightHeadlight is a mental health firm that aims to change the way mental health services are delivered.United States$18M
  4. GLZCARESGLZCARES is a one-stop Internet overseas medical service platform, dedicated to providing overseas medical services for domestic u-$16M
  5. ReigncomReigncom is a research, development, manufacturing, and distribution of diagnostic medical devices, IVD reagent kits, and related services.China$10M
  6. Kkktijian.comkktijian.com is a health examination platform.-$9.4M
  7. VdaifuVdaifu provides services on online bookings of pediatric healthcare and doctors.-$6.7M
  8. BJBeijing Jingcheng Boai Rehabilitation HospitalBeijing Jingcheng Boai Rehabilitation Hospital is a physical therapy rehabilitation for medical institutions.China$3.2M

E-commerce

8 startups · $496M raised

  1. XXiaopangxiongXiaopangxiong provides business to business trading platform intended to sell and buy home construction materials.China$418M
  2. Nebula BrandsNebula Brands is a leading aggregator of third-party Amazon vendors in China, focusing on acquiring and operating Chinese consumerChina$50M
  3. FFuliaoyiFuliaoyi is a SaaS-based platform that provides supply chain management solutions for the textile industry.China$15M
  4. SmartpaySmartPay Leasing, based in San Francisco, California, is a lease-to-own payment solution provider.Japan$7.0M
  5. The BeastThe Beast is a Chinese lifestyle retail brand founded in 2011, initially starting as a flower concept before evolving into a broadChina$3.0M
  6. JiaTableJiaTable 嘉席 is a ready-to-cook meal delivery company that uses sous-vide technology to provide fresh meals to its customer's doorstep.China$1.2M
  7. 551edjYixin Yixing Automobile aims to provide an economic and practical e-designated driving operation system.China$1.2M
  8. Shengyi ZhuanjiaShengyi Zhuanjia is a provider of one-stop-shop products for physical merchants.China$429K

Entertainment

6 startups · $131M raised

  1. TYTT YuyinTT Yuyin is a social platform for mobile games.-$100M
  2. GUGP UnionChina$12M
  3. CComicoolComicool is a reading platform taht provides innovative mobile phone-specific color strip comics.-$10M
  4. BBenditoutiaoBenditoutiao is a online news platform that delivers timely and relevant news, articles, and information across a range of topics-$4.5M
  5. LMLike MediaLike Media is an entertainment company that specializes in film distribution, and film and television production.China$3.2M
  6. EyepetizerEyepetizer is a video application for making short videos.China$1.5M

Web3 & Crypto

6 startups · $94M raised

  1. BlofinBlofin is a China-based crypto financial services company that provides services such as digital asset management and advisory forCayman Islands$50M
  2. ChainbaseChainbase is a Web3 and AI data infrastructure company focused on creating a foundational data layer for the AI era and DataFi economy.Singapore$15M
  3. Solv ProtocolSolv Protocol is the decentralized platform for creating, managing, and trading Financial NFTs.Singapore$10M
  4. UXUYUXUY is a decentralized multi-chain trading platform and cross-chain liquidity aggregation protocol based in Singapore.Singapore$7.0M
  5. BlockSecBlockSec is a blockchain security and crypto compliance company that supports Web3 organizations in securing their protocols throuHong Kong SAR China$6.8M
  6. ZerobaseZEROBASE is a real-time ZK prover network, providing privacy and access to the fastest decentralized computing infrastructure in the world.United States$5.0M

Foodtech

5 startups · $151M raised

  1. Baoyun GroupBaoyun Group is an international integrated wine company that focuses on the operation of famous wine brands.-$94M
  2. SGShandian GouShandian Gou engages in the operation of the retail chain industry.-$40M
  3. SKSeven KoalasA checkout-free convenience store that places snack bars in offices.-$7.7M
  4. CloudChefCloudChef is a food technology startup based in Palo Alto, California, focused on transforming the restaurant and food service indIndia$7.2M
  5. LLiushanmenLiushoumen provides supply chain services for dining, light meals, fast food, Korean food and Japanese food.China$1.6M

Edtech

4 startups · $28M raised

  1. HXHongsong XuetangHongsong Xuetang provides online entertainment and live courses.-$16M
  2. QQINGCLASSQINGCLASS is an online learning platform that makes education more efficient.-$4.9M
  3. LogseqLogseq is a privately held, open-source software company based in New York, founded in 2020.United States$4.1M
  4. Liuyi JiaoyuLiuyi Jiaoyu is an online children's quality education company.China$2.9M

Cloud

4 startups · $375M raised

  1. PPingCAPPingCAP is a developer of an open-source, distributed SQL database for scalable transaction processing and real-time analytics.China$350M
  2. SSmartXSmartX is a manufacturer and designer of smart toys.China$20M
  3. QQiCloudQiCloud is an inlet flow channel and cloud services platform.-$2.9M
  4. TTuishibenTuishiben provides solutions for enterprise mobile cloud office and sales management.-$1.6M

Internet

4 startups · $359M raised

  1. UUokoChina$157M
  2. HuangbaocheHuangbaoche is a travel service providing tour packages and booking services.China$127M
  3. XXiangwushuoXiangwushuo is an online platform intended to offer services related to second-hand goods sharing.China$65M
  4. MoboTapMoboTap is a mobile technology developer.United States$10M

Consumer Apps

4 startups · $449M raised

  1. KGKK GroupChina$400M
  2. Camera360Camera360 is a prominent mobile photography application company based in Chengdu, China, founded in 2010 by a team with extensive China$23M
  3. HashDataHashData is a cloud based firm that offers data collection solutions for surveys, checklists, and audits.Brazil$16M
  4. LumistStudy app for college students-$10M

Beauty

4 startups · $137M raised

  1. XXyb2bXyb2b provides maternal and child supplies, beauty care, healthcare, digital life, clothing and shoes in a wide range.China$100M
  2. MeijiabangMeijiabang offers nail care products for customers.China$20M
  3. First CoverFirst Cover offer multiple solutions to help our clients with their financial, professional and management risks.-$14M
  4. MMeiyaappMeiyaapp is a beauty application that provides video makeup tutorials.-$3.1M

How this map is made. Every startup here has raised money in a round we track that names Matrix Partners China as an investor, the first in 2012. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

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