Matrix Partners China
经纬创投
Matrix Partners China is a venture capital firm; elsewhere's corpus records it as an investor in companies including humanoid-robot makers Unitree and Zhiyuan Robotics, and the social app Momo . Beyond that, the corpus contains no further material actually about the firm — the remaining retrieved articles concern BlueRun Ventures (蓝驰创投), a different fund that merely surfaced alongside this query, so elsewhere cannot fill in Matrix Partners China's founding, fund size, or strategy.
AI-generated — may contain errors, please verify.
Coverage
Moving Forward Along New Coordinates｜Vital Monthly
Advisory Vitality
From 30 Million to 3 Billion: Three Rounds, Wanwu Capital | Luzhou Shengmingli
VAST recently announced the completion of its Series B and B+ funding rounds.
An American Engineer's 11 Days in China
China in 2036 will look very different from 2026.
Unitree Funding Story Exhibition
Ancient stories always carry a special kind of allure.
Aureka Biotechnologies Raises $100 Million in Series B to Double Down on Foundation Models and Push New Frontiers in AI Drug Discovery | 5Y News
A crucial step toward a biological world model.
Yunqi Partners | Physical intelligence startup "FeiJieKeSi" raises hundreds of millions of RMB in Series A1, with Yunqi Capital increasing its stake
Building a Solid Foundation for Domestic Physics-Based AI Technology
Yunqi Capital Leads Poke Robotics' Nine-Figure Pre-A Round: Tackling the "Manipulation" Challenge in Embodied AI | Yunqi Partners
From "Can Move" to "Can Get Things Done"
Meshy Closes Nearly $400 Million Series B, Source Code Capital Continues to Double Down
Source Code Capital led the company's Series A round in 2021, and continued to increase its investment in subsequent rounds, providing long-term support for the company's growth.
MaHui | Sand.ai Raises Over $100M Across Two Rounds, Existing Investor Source Code Capital Continues to Increase Stake
Source Code Capital led the seed round of Sand.ai in 2024 and was one of the company's earliest institutional investors.
Aether AI Raises $20 Million to Drive Next-Gen AI Paradigm Shift with Causal World Models | New Unity Ventures Portfolio Company
The large language model paradigm has reached an inflection point. The next stop is causal intelligence.
Qiming View | William Hu: Globalization of China's Healthcare Innovation Just Beginning, Will Be Investment Theme for Next 10-20 Years
China's healthcare innovation globalization has only just begun, and it will remain a sustained investment theme for the next 10-20 years.
May in Shenzhen, Let's Rock and Roll | AI Nao Hunting Night, Night Three
The Hunt, Night Three: Shenzhen
5Y News | Xunming Life Sciences Closes Tens of Millions of Dollars in Series A+ Funding
Accelerating the construction of next-generation Tech-Bio agent infrastructure.
BlueRun Ventures-Backed Early-Stage Project Loopit, an AI Interactive Content Community, Closes $100 Million Funding Round | BlueRun Family
Make Everything Playable.
After Raising $30 Million, This Company Handed the "Steering Wheel" to AI | An Interview with CREAO
AI for the Employee, or the Employee for AI?
Sequoia Capital China: And I Choose to Start a New Table
Sequoia Capital China's culture is about winning and conviction.
Yunqi Capital Backs CREAO AI's Pre-A Round with Tens of Millions of Dollars to Rebuild the Work Entry Point with Agent OS | Yunqi Portfolio
Betting on a Better Cycle
AI Unicorn Factory
Script, catfish, loop, rainmaker, role model, results.
After 13 Years, Manycore Tech Clears Hong Kong Stock Exchange Listing Hearing | Qixing Chronicles
Set to become the "world's first publicly traded spatial intelligence company"
5Y News｜Aikelian Biotechnology Completes $68.7 Million Funding Round
Aikelian Biotech has successfully completed an oversubscribed $68.7 million funding round.
AeroBand Closes Nearly 100 Million Yuan Series A Round, Leading the Future of Smart Instruments Through Technology | Oasis Vitality
Defining the gateway to next-generation digital music creation and sharing
LogicQubit Raises Two Rounds of Funding Worth Hundreds of Millions of Yuan, Bringing Quantum Computing Into Mainstream VC Crosshairs
What's the Next Disruptive Narrative in Primary Markets?
2026 VC Promotion Roundup
Universal celebration.
Three "Tech Guys" Valentine's Day Gift: Early-Stage Portfolio Company Manycore Tech Completes Filing for Hong Kong IPO | Yunqi Capital
Race to become the "first global spatial intelligence stock"
Source Code Rhythm's Yungang Huang: From Gobi Desert Youth to Fund Captain
The rhythm moves because we believe the world has its own laws.
Yungang Huang, Source Code Rhythm: My Aksu
"West Lake is so beautiful, I want to jump right in."
Vol.003 | In Conversation with Huang Yungang: From Moving Bricks in Xinjiang to VC — My Folded Life
MiniMax Goes Public: The $1.5 Billion Fundraising Blitz, 15 Reasons Investors Bet on It, and How Long Each One Lasts
One Year in AI, Five Years on Earth
January, Emergence, and Prologue | 5Y News Monthly
The big news from last month.
Sp.01 | Debriefing China's Primary Market in 2025 (Ft. Crossroads)
Where Did the Money Go? Who's Still Writing Checks? A 2025 VC Debrief With Jing Liu
VC takes a certain amount of instinct.
Where Did the Money Go? Who's Still Writing Checks? A 2025 VC Debrief with Jing Liu New Consensus and Undercurrents Among China's VCs
The True Story of Huadong Wang
"He's the Haruki Murakami of China's investment world."
Vol.002 | A Conversation with Huadong Wang: Living a Haruki Murakami Life
5Y News | Noitom Robotics Completes Pre-A+ Funding Round
Accelerating the construction of data infrastructure for the embodied intelligence era.
Morning Star｜Noitom Robotics Closes Pre-A+ Round Led by Qiming Venture Partners
is a data company serving the Embodied Artificial Intelligence and humanoid robotics industry
Huadong Wang: I read 30 books this year. Here is my annual reading list | End of 2025
Diligence, distillation, execution.
I think the sun will shine bright tomorrow morning | Opening Remarks
Maybe wrong, always fun.
In 2004, an Embodied AI CEO Goes Full-Stack Open Source; Xiaomi and Galbot Bet Tens of Millions of Dollars
The Appeal of an All-Gen Z Founding Team
The AI Investment Mid-Game: Talent Wars, Faith Divides, and Super Opportunities
I notice you've entered a period/full stop (。) with no Chinese text to translate. Please provide the Chinese content you'd like me to translate, and I'll be happy to help.
Interview with Xiaobai Founder Li Yan: AI Is a Brute-Force Aesthetic; Small Can't Be Beautiful
How to engineer and harness emergence is the defining thread of our era.
At BEYOND EXPO 2025, a Conversation on Tech Innovation | Linear News
Linear Capital and several of its portfolio companies shared their insights at BEYOND.
MaKe | Zhonghai Energy Storage, a MaHui member, closes over RMB 100 million Pre-A++ round
Renjie Guo's AI Hardware Startup Lxson Closes Nearly RMB 200 Million Angel Round | Oasis Capital
Counselor Vitality / Counselor on Vitality (Note: "参赞生命力" appears to be a title or phrase without surrounding context. "参赞" can mean "counselor/advisor" (a diplomatic title) or "to participate in and assist." "生命力" means "vitality" or "life force." If this is a book title or article heading, it could be rendered as *Counseling Vitality* or *On Vitality* depending on the author's intent. Additional context would help determine the best translation.)
Lxson Raises Nearly RMB 200 Million in Angel Round, Co-Invested by Monolith
Embrace the best technology and the best partners
The Iron Curtain of Venture Capital Finally Falls
The era of "wanting it both ways" is over.
2024, When Everyone Stands at a Crossroads: 96 Investors' Decisions
Deciding is easy. Waiting is hard.
MaKe | MaHui Member Galaxy Universal Completes 500 Million RMB Strategic Funding Round
A VC Leads the Way Out of the Quadrant | BlueRun Ventures Perspective
Catching the Next Big Thing in Tech's Sea Change
Galaxy Universal Raises 500 Million Yuan in Strategic Funding Round | BlueRun Ventures Headlines
Embodied Intelligence Powers a New Future for General-Purpose Robotics
China's Homegrown AI Robots Are Seriously Advanced... Playing Piano, Brewing Tea, Practicing Wing Chun, Even Petting Cats | Inside Dalton Venture Portfolio Company Astribot
Born for you, born for intelligence.
China's Homegrown AI Robots Are Getting Wild... Playing Piano, Brewing Tea, Practicing Wing Chun, and Even Petting Cats? | Yunqi Capital
"Stardust Intelligence" Unveils Its First-Generation AI Robot
Yunqi Capital | Portfolio Company Astribot Raises Tens of Millions of Dollars in Pre-A Round, Accelerating Commercial Deployment of AI Robots
An AI Brain + Peak Operating Performance — the Future Is Drawing Near
The AI That Defeats Time: MIT's New Tech Spots Breast Cancer Risk Five Years Early
A chance to make a major contribution.
Matrix Partners China has long been a Chinese brand.
It was independent from the very beginning — there was never any "spin-off."
MaKe | MaHui Member Galaxy Universal Raises 700 Million RMB in Angel Round
Allen Zhu knows everything.
Don't stop my game.
Fifteen Years in VC, Finally Catching the New Wave of AI | A Conversation with Minghao Zhuang on Opportunities, the Future, and Life Lessons | Doraemon in the Age of AI Ep01
A New Decade for Venture Capital: Hongshan's First Answer
What's the solution for early-stage investing?
Li Auto MEGA: One Incident, Four Heartbeats, Three Observations
And, love at first sight.
Two Masterstrokes in NIO's Fundraising History
There is no successful fundraising, only fundraising of the times.
Money, Contradictions, and ESG
*Who Cares Wins*
The Day Munger Died: 18 WeChat Moments About Him
Mourning the Passing of a Wise Mind
When Professors Leave the Ivory Tower: Gold Mines, Chasms, and the Fame Game
Faced with a chasm, there will always be those who take the leap.
Conversations with 29 Tech Investors: There Are Treasures, But No Treasure Map
Investing in tech is definitely the right call, but consensus remains scarce.
Put some people in the metaverse, send others to space
One is an inward journey of self-discovery; the other, an outward quest for what lies beyond.
MaHui | Zhonghai Energy Storage Closes Two Consecutive Rounds Worth Hundreds of Millions of Yuan, Source Code Capital Leads PreA+ Round
Flow Batteries Could Solve China's Energy Storage Safety Problem
We Analyzed 1,000 LP Commitments and Found 30 Hidden Top Family Offices
They are also a microcosm of China's commercial evolution.
Heading Into the Next Spring Amid Winter: 7 Early-Stage Companies Raise Nearly 600 Million RMB | FreeS Family Funding News · Vol 13
Looking forward to working alongside more outstanding founders.
From the Big League to the Niche: The Glory Days of a Generation of Chinese VCs
How they will rethink fame, cycles, and investment.
Agora x 5Y Capital: 2022 RTE Innovation Challenge Final Agenda Revealed
Meet the coolest people, talk about the most cutting-edge things!
MaHui | Graph Database Developer "Yueshu Technology" Closes Tens of Millions of Dollars in Series A Funding, Existing Investor Source Code Capital Continues to Increase Stake
Providing stable, efficient foundational internet technology services for global enterprises.
"6th Future Healthcare 100" Roundtable: Investing in Future Healthcare — How to Nurture World-Class Innovative Enterprises?
VBData's "6th Future Healthcare 100 Conference" took "China Story" as its theme. During the heavyweight panel discussion, titled *Investing in Future Healthcare: How to Support the Emergence of World-Class Innovative Companies*, six investment firms gathered to debate how China can continue producing world-class innovators and lead at the global frontier.
On the first day of August, we spoke with 23 investors about "confidence."
And, what are the things that are hard but right, and what are the things that are hard but wrong.
Blockchain Security Firm BlockSec Closes 50 Million Yuan Angel+ Round | Led by Oasis Capital
Focus on Blockchain Architecture Security
Yungang Huang on Maintaining a Steady, Long-Term Tech Investment Pace Through Peaks and Troughs
MaHui | Source Code Capital's Xingchen Zhang Named to Cyzone's 40 Under 40 Investors List
"Finding tech founders full of conviction"
Source Code Capital Portfolio | Nutshell Therapeutics Announces $40 Million Series A+ Round, Existing Shareholder Source Code Capital Continues to Increase Stake
Advance the conformation-based drug discovery platform and innovative pipeline across all fronts
Industrial goods e-commerce platform "Yimaigongpin" raises tens of millions of dollars in Series C funding
Make it easier, cheaper, and more convenient for small businesses to buy industrial products.
AI-powered molecular simulation company **DeepWise** announced the completion of a Series B funding round of tens of millions of dollars, co-led by **Source Code Capital**.
Building a next-generation microscale industrial design platform to unlock R&D and manufacturing productivity across the industry.
2022, the Door Opens to the Future | 5Y News Monthly
The big news from last month.
5Y News | Vastai Technologies Completes Two Consecutive Rounds of Series B-1 and B-2 Funding, Raising 1.6 Billion RMB
5Y Capital has been closely following the development of China's AI sector.
December, Everything Within Reach | 5Y News Monthly
The big news from last month.
5Y News | Cloud Security Community "FireLine Security" Closes Two Consecutive Funding Rounds
New Models for Security Products
5Y News | "中科国生" Raises Tens of Millions of RMB in Angel Round to Develop and Promote Functional Bio-based New Materials
Transforming lives with biomass.
Source Code Capital Portfolio Company Cyclone Raises $150 Million in Series C, with Existing Backer Source Code Capital Continuing to Increase Stake
Automation is everywhere, digitization is within reach.
November: Foresight and Boundless Imagination | 5Y News Monthly
The big news from last month.
5Y News | AI Pharmaceutical Industrial Platform Hourstec Closes Nearly $10 Million Pre-A Round
5Y Capital continues to track applications of computational science in life and health sciences.
Source Code Capital portfolio company "Lingkong Tianxing" announces completion of over 300 million yuan Series A funding round, with existing shareholder Source Code Capital continuing to increase its stake
The only high-tech enterprise in China engaged in commercial hypersonic flight technology.
As Fierce as August | 5Y News Monthly
The big news from last month.
5Y News | Synthetic Biology Company Bota Bio Raises Over $100 Million to Accelerate Efficient Design and Scaled Production of Bio-based Products
5Y Capital continues to pay close attention to emerging technologies at the intersection of information science and life sciences.
Synthetic biology company Bota Bio (Enhe Biotechnology) announced the completion of a Series B funding round exceeding $100 million, with existing shareholder Source Code Capital continuing to increase its stake.
Accelerating the design and production of high-performance, sustainable products through synthetic biology.
Allosteric drug discovery company Nutshell Therapeutics has raised $20 million in a Series A round led by Source Code Capital.
Currently the only platform-type allosteric drug discovery company in China driven by computational methods
XinYaohui, a leading chip IP company, has raised over 500 million yuan in its Series A round, led by Gaorong Ventures.
Empowering China's integrated circuit industry upgrade through innovative IP technologies.
Xinhuazhang announced the completion of a Pre-B funding round exceeding 400 million yuan, and will soon release the first-phase research results of EDA 2.0
Boost the overall efficiency of the integrated circuit industry chain to fully underpin future digital development.
FreeS Family Funding News · April | OnKure Therapeutics, IceKredit, Duanyu Liangjin, and Jiuzhou Yunjian Secure Funding
New Column Launch
The Best Is Always Ahead | 5Y News Monthly
Happy Labor Day!
5Y News | Vastai Technologies Announces Completion of 500 Million RMB Series A+ Funding Round
A leader in computing architecture for the future digital world.
5Y News | CloudWalk Group Closes $600 Million Series C2 Round to Expand Global Digital Supply Chain Services
A world-class supply chain that belongs to Chinese retail.
Legal tech company PowerLaw AI announced the completion of a nearly 60 million yuan Series A funding round, led by Source Code Capital.
Using Technology to Make Legal Services Better and More Accessible
Source Code Capital portfolio company "Yidianzu" announced the completion of a Series E funding round exceeding 500 million RMB, led by existing shareholder Source Code Capital.
Edianzu has officially rebranded as "Edianyun," continuing its deep focus on China's office IT infrastructure services.
Source Code Capital portfolio company "MOODY" announced the completion of 380 million yuan in Series B and B+ funding, with existing shareholder Source Code Capital continuing to increase its stake.
Within three months of its founding, the company launched on Tmall and broke RMB 200 million in transaction volume in its first year.
Source Code Capital portfolio company WeiMai announced the completion of a $100 million Series C+ funding round, with existing shareholder Source Code Capital continuing to increase its stake.
Making healthcare services more accessible, now covering 160+ cities across China with deep partnerships with 1,000 public hospitals nationwide.
5Y News｜HashData Raises $15 Million to Accelerate Cloud-Native Data Warehouse Development
HashData has raised $15 million in an A++ round led by 5Y Capital.
Source Code Capital portfolio company WANGBAOBAO announced the completion of a Series C financing round worth several hundred million yuan, with existing shareholder Source Code Capital continuing to increase its stake.
Leveraging brand momentum to continuously break into new circles, it has already covered over 10,000 offline retail terminals, with offline sales accounting for 40% of total volume in a single month.
Source Code Capital portfolio company GalaxySpace announces new funding round, with existing shareholder Source Code Capital continuing to increase its stake
GalaxySpace, the first unicorn in China's commercial aerospace and satellite internet sectors, has now entered the final assembly phase for its second self-developed broadband communications satellite.
5Y News | GalaxySpace Closes New Funding Round, Becoming China's First Satellite Internet Unicorn
GalaxySpace, a leading satellite internet company, has closed its latest funding round at a post-money valuation of nearly RMB 8 billion.
5Y News | PingCAP Closes $270 Million Series D, Setting a New Global Database Milestone
We believe this round of funding is only the beginning of our global expansion — a small step toward the future. The $100 billion global database market is our true north.
vesoft Raises Nearly $10M in Pre-A+ Round Led by Source Code Capital
It has been battle-tested across multiple business scenarios at leading tech companies, with proven results in financial risk control, knowledge graphs, and other applications at more than ten enterprises including Tencent, Meituan, Qichacha, Xiaohongshu, and 360 Finance.
Morning Star Portfolio Company "Nuoxin Chuanglian" Closes New 200 Million Yuan Funding Round | Light Moments
Nexon Healthcare, which builds digital bridges between pharmaceutical companies and doctors, has raised 200 million RMB in a new funding round.
Morningside-backed LifeTech Scientific raises over RMB 1.2 billion in new funding round | Light Moments
China's new drug R&D is undergoing a "Cambrian explosion." The industry's underlying infrastructure for pharmaceutical innovation is one of the core sectors we're tracking in healthcare.
Source Code Capital Portfolio Company Cyclone Robotics Closes Nearly $40 Million Series B Round, Source Code Capital Continues to Increase Stake
Already serving hundreds of domestic clients across financial services, government, energy, and high-tech sectors.
Emerging colored-contact brand "MOODY" closes RMB 60 million angel and Series A funding round; Source Code Capital follows on in Series A
MOODY's Tmall sales have surpassed RMB 10 million, with individual products repeatedly ranking first in their category.
Source Code Capital portfolio company WeiMai announced the completion of a new $100 million series funding round, with existing shareholder Source Code Capital continuing to increase its stake.
A pioneer and leader in "Internet + Healthcare" service platforms. Its services cover more than 150 million people, with 100,000 doctors on the platform offering a wide range of healthcare service SKUs.
DataPipeline Raises Tens of Millions of RMB in Series A+ Round, Serving Starbucks and Longfor | FreeS Fund Investment News
Better understand data, apply data, and respect data with reverence.
The Gaorong Ventures Way: Know What to Do, Know What Not to Do
A matter of resolve.
Talk to Future Founders: You Can Practice Deliberately Like This
Curious enough to ask, diligent enough to find the answer.
Niu Technologies IPO Lands on Nasdaq; 3 Companies Close Funding Rounds; Code Brain Issue 8 Mines India | Code Brain Newsletter · October
【Source Code Capital Newsletter】Here we record the small steps forward taken by our team members, share the joy of growth, and look forward to an even brighter future.
Meituan IPO on Hong Kong Exchanges and Clearing Limited; 4 Companies Complete Funding Rounds; 8 Companies Win 12 Awards | Source Code Capital Monthly · September
**Source Code Capital Chronicles** — recording our teammates' step-by-step progress, sharing the joy of growth, and looking toward an even brighter future.
Olympic Champion Li Xiaopeng Joins Amino Acid Hair Care Brand Zhiguan in Closing Tens of Millions of RMB in Series B Funding | FreeS Fund Deal News
Get younger consumers to keep buying and buying.
Fundraising, Licensing, New Launches, Team Building, Awards… 15 Notable Events from an April to Remember | FreeS Fund Blackboard · April
Look ahead, keep doing.
DataPipeline Announces 21 Million Yuan Series A Round, FreeS Fund Continues to Follow On | FreeS Fund Investment News
Break down data silos.
5 Companies Raise Funding, Several Make China's Top 100 Unicorns List | Code Meet Journal · March
【Source Code Capital Chronicle】A place to record the small steps forward of our team members, share the joy of growth, and look toward an even brighter future.
CHJ Automotive Announces Completion of 3 Billion Yuan Series B Funding Round; Existing Shareholder Source Code Capital Continues to Increase Stake, Bullish on Mobility 3.0 Era
On the era of Auto 3.0, Xiang Li believes its arrival is accelerating.
Edianzu Closes $32 Million Series C Led by Source Code Capital
After this round of financing, Edianzu's valuation exceeded $200 million.
Source Code Capital and Zero2IPO Jointly Release B2B Trading Platform Research Report
China's B2B market has evolved from its 1.0 phase, spanning 1999 to 2013 and defined by "information publishing" business models, into a 2.0 era characterized by greater commercial diversity, broader industry coverage, and deeper integration with industrial supply chains.
Source Code Capital 2017: The Year of Establishing Our Footing
Never Settle
Why Is the Pay Gap Between '80s and '90s AI Talent Only 15%? | *2017 Early-Stage Enterprise Compensation Survey Report*
The salary secrets of 19,014 positions across 152 companies.
Yi Cao Named to 2017 China Top Venture Capitalists TOP50
Jiemian and Toutiao jointly released the "Top Venture Capitalists in China" list for the first time.
Since China will give birth to far more world-class brands than we can imagine over the next 20 years, what can we do right now?
Study the essence of industries, capture signals of the future.
How Should Startups Design a Compensation System? Here's a Chance to Get the *2017 Early-Stage Enterprise Compensation Survey Report*
Manage the "people" and the "money."
Cijinrong Announces Completion of 65 Million Yuan Series A Funding Round Led by Source Code Capital
Cijinrong has raised RMB 65 million in its Series A funding round, led by Source Code Capital, with Matrix Partners China and Yunqi Capital — both investors from its angel round — participating. The proceeds will be used primarily for team expansion, employee training, and product and technology refinement.
