# Matrix Partners' Investments in China: 19 Startups by Sector (2026)

> The 19 startups in China that Matrix Partners has backed, by sector: Internet, IT Services and E-commerce and more. $5.2B raised. Updated nightly.

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

## Internet

8

- [Ele.me](https://millionrounds.com/company/ele-me)
- [*B* Babytree](https://millionrounds.com/company/babytree)
- [*CM* Cheetah Mobile](https://millionrounds.com/company/cheetah-mobile)
- [*A* Aztuche](https://millionrounds.com/company/aztuche)
- [*SP* Storm Player](https://millionrounds.com/company/storm-player)
- [*A* Aegis](https://millionrounds.com/company/aegis)
- [*1* 1006.tv](https://millionrounds.com/company/1006-tv)
- [wali](https://millionrounds.com/company/wali)

## IT Services

3

- [Aipai](https://millionrounds.com/company/aipai)
- [langtaojin](https://millionrounds.com/company/langtaojin)
- [ZuzuChe](https://millionrounds.com/company/zuzuche)

## E-commerce

2

- [*H* Hers](https://millionrounds.com/company/hers)
- [*5* 51edj](https://millionrounds.com/company/51edj)

## AI

2

- [*V* VAST](https://millionrounds.com/company/vast)
- [Raven Tech](https://millionrounds.com/company/raven-tech)

## Fintech

2

- [Jimubox](https://millionrounds.com/company/jimubox)
- [91JinRong](https://millionrounds.com/company/91jinrong)

## Media

2

- [Mofang](https://millionrounds.com/company/mofang)
- [*C* Chanyouji](https://millionrounds.com/company/chanyouji)

## Segment by segment

### Internet

8 startups · $4.0B raised

- [**Ele.me**](https://millionrounds.com/company/ele-me) 饿了么是中国领先的本地即时生活服务平台,成立于2008年,总部位于上海。作为阿里巴巴生态体系的一部分,饿了么专注于为消费者提供高质量的餐饮外卖、商超配送及综合生活服务。其智能配送网络通过“蜂鸟即配”服务,覆盖全国超过2000座城市和县区,提供即时配送服务。 饿 China $3.3B
- [*B* **Babytree**](https://millionrounds.com/company/babytree) China $463M
- [*CM* **Cheetah Mobile**](https://millionrounds.com/company/cheetah-mobile) China $60M
- [*A* **Aztuche**](https://millionrounds.com/company/aztuche) China $58M
- [*SP* **Storm Player**](https://millionrounds.com/company/storm-player) Storm Technology is the developer of a video player called Storm Player, the biggest internet video playing platform in China. China $27M
- [*A* **Aegis**](https://millionrounds.com/company/aegis) Personal safety mobile application that modernizes 911 interactions China $22M
- [*1* **1006.tv**](https://millionrounds.com/company/1006-tv) 1006.tv offers mobile games ranking, mobile games reviews and media evaluation services. China $10M
- [**wali**](https://millionrounds.com/company/wali) Wali Customer Intelligence helps customers find their favorite products, and helps businesses find their targeted customers. China $8.6M

### IT Services

3 startups · $56M raised

- [**Aipai**](https://millionrounds.com/company/aipai) YouTube in virtual world. China $45M
- [**langtaojin**](https://millionrounds.com/company/langtaojin) Langtaojin works on performance-based ad. China $10M
- [**ZuzuChe**](https://millionrounds.com/company/zuzuche) ZUZUCHE is a travel and mobility platform based in Guangzhou, founded in 2011. China $1.5M

### E-commerce

2 startups · $2.7M raised

- [*H* **Hers**](https://millionrounds.com/company/hers) Hers is an online shopping website that offers women’s dresses. China $1.5M
- [*5* **51edj**](https://millionrounds.com/company/51edj) Yixin Yixing Automobile aims to provide an economic and practical e-designated driving operation system. China $1.2M

### AI

2 startups · $973M raised

- [*V* **VAST**](https://millionrounds.com/company/vast) China $946M
- [**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

### Fintech

2 startups · $161M raised

- [**Jimubox**](https://millionrounds.com/company/jimubox) Jimubox (积木盒子) is a Chinese online peer-to-peer (P2P) lending platform founded in 2012 and launched in August 2013. China $131M
- [**91JinRong**](https://millionrounds.com/company/91jinrong) 91JinRong provides loans, credit management and financial services in China. China $30M

### Media

2 startups · $18M raised

- [**Mofang**](https://millionrounds.com/company/mofang) Mofang.com is a Chinese mobile gaming media platform. China $18M
- [*C* **Chanyouji**](https://millionrounds.com/company/chanyouji) Chanyouji.com is a travelogue application that helps users make offline records throughout their entire trip and broadcast in on the web. China $159K

**How this map is made.** Every startup here has raised money in a round we track that names Matrix Partners as an investor and is based in China. Each sits under its main sector, read from its rounds, and each shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

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

[Investments abroad **Techstars' investments in the United Kingdom** 102 startups · $1.1B](https://millionrounds.com/portfolio-maps/techstars-investments-united-kingdom)[Investments abroad **Sequoia Capital's investments in China** 76 startups · $56B](https://millionrounds.com/portfolio-maps/sequoia-capital-investments-china)[Investments abroad **Matrix Partners China's investments in China** 70 startups · $4.2B](https://millionrounds.com/portfolio-maps/matrix-partners-china-2-investments-china)[Investments abroad **Sequoia Capital's investments in India** 63 startups · $9.0B](https://millionrounds.com/portfolio-maps/sequoia-capital-investments-india)[Investments abroad **Accel's investments in India** 55 startups · $13B](https://millionrounds.com/portfolio-maps/accel-investments-india)[Investments abroad **Inflection Point Ventures' investments in India** 55 startups · $118M](https://millionrounds.com/portfolio-maps/inflection-point-ventures-investments-india)

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