Matrix

Matrix Partners, established in 1977, is a prominent venture capital firm headquartered in San Francisco, California. The firm focuses on early-stage and early-growth investments, partnering with entrepreneurs to build significant, industry-leading companies. With a global perspective and local expertise, Matrix combines the insights of former entrepreneurs and experienced investors to guide its portfolio companies. The firm has a proven track record, having invested in over 500 companies, with 50 going public and 75 achieving profitable M&A exits. Notable investments include Baidu, Apple, and Oculus. Matrix invests across various sectors, including applied AI, B2B SaaS, digital health, and sustainable-defined hardware.

Ben Altshuler

Partner

Diana Kimball Berlin

Partner

Rahul Chaudhary

Venture Partner

Phyllis Doherty

Administrative Partner

Liza Gurtin

Partner

Wan Haoji

Partner

Patrick Malatack

Partner

Bo Shao

Founding Managing Partner

Paul Sherer

Venture Partner

Ilya Sukhar

Partner

Sun Linghao

Managing Partner

Tong Ti

Vice President

Kevin Xiong

Partner

Past deals in Consumer Electronics

LeXiang Intelligence

Angel Round in 2024
LeXiang Intelligence is a robotics company that specializes in the development of intelligent consumer-grade robots.

Didao Microelectronics

Series A in 2022
Shenzhen Didao Microelectronics Technology is a specialized manufacturer of electronic materials, primarily serving the integrated circuit and flat panel display sectors. The company focuses on the development and production of photoresists and semiconductor cleaning agents, which are essential for lithography processes in semiconductor fabrication and flat panel display manufacturing. Didao Microelectronics integrates research, production, and sales, positioning itself as a key player in the semiconductor materials industry. The company has garnered angel investment from venture capital firms, reflecting its potential for growth and innovation in the field of electronic special materials.

Qidi

Angel Round in 2022
Qidi is a developer of smart glasses that integrate virtual reality (VR) and augmented reality (AR) technologies, enhancing users' perception of their environments. These glasses are designed to align with everyday wearing habits, allowing consumers to seamlessly blend consumer electronics and accessories into their daily lives. By leveraging advancements in 5G, artificial intelligence, and big data, Qidi aims to improve both the quality of life and productivity for users, facilitating a connection between the physical world and the metaverse.

Eaglechip

Angel Round in 2022
EagleChip is a chip design company specializing in the development and design of Field Programmable Gate Arrays (FPGAs). The company emphasizes research and development as well as the creation of dedicated Electronic Design Automation (EDA) toolchains. Its products are applicable across various industries, including communications, data centers, industrial control, consumer electronics, smart vehicles, video processing, and medical electronics. By providing high-quality FPGA chip solutions, EagleChip aims to meet the diverse needs of its customers while ensuring a domestic supply of advanced technology.

Xinling Semiconductor

Seed Round in 2022
Xlink Semiconductor, based in Shanghai, specializes in the design and development of automotive-grade power amplifier chips, particularly for smart cockpit audio systems in vehicles. The company has extensive experience in areas such as chip design, processing, packaging, and certification, focusing on high-end mixed-signal technology. Its Class D power amplifier chips are notable for their high efficiency, minimal heat generation, and strong sound quality interference resistance, making them ideal for new energy vehicles with diverse audio systems. Xlink Semiconductor is committed to creating premium products and providing thoughtful services that enhance automotive acoustics, contributing to a collaborative ecosystem within the new energy automotive audio industry.

Unitree Robotics

Series B in 2022
Unitree Robotics, founded in 2016 and based in Hangzhou, China, specializes in the development of innovative robotic solutions tailored for consumer and industrial markets. The company's portfolio features a variety of robots, including Laikago, a four-legged robodog that serves as a research platform for scientists and roboticists. Unitree Robotics aims to advance robotic technology through its diverse range of products, which also includes humanoid robots and advanced perception systems designed for various applications.

INMO Glass

Seed Round in 2021
INMO Glass are Foldable, monocular Augmented Reality (AR) glasses.

Trifo

Series C in 2021
Trifo is a technology company that specializes in designing and manufacturing AI-powered home robots to enhance everyday living. Established in 2016 and headquartered in Santa Clara, California, with additional offices in Shenzhen and Beijing, Trifo develops integrated hardware and software systems equipped with advanced sensing, perception, and decision-making capabilities. Its robots are capable of autonomously organizing and interacting with home environments by understanding physical, geometric, and semantic elements. Additionally, Trifo provides a Software Development Kit (SDK), allowing users to integrate its products into personal projects. The company's innovative solutions aim to improve household efficiency and ease, continually adapting through advanced artificial intelligence technologies.

Xinling Semiconductor

Angel Round in 2021
Xlink Semiconductor, based in Shanghai, specializes in the design and development of automotive-grade power amplifier chips, particularly for smart cockpit audio systems in vehicles. The company has extensive experience in areas such as chip design, processing, packaging, and certification, focusing on high-end mixed-signal technology. Its Class D power amplifier chips are notable for their high efficiency, minimal heat generation, and strong sound quality interference resistance, making them ideal for new energy vehicles with diverse audio systems. Xlink Semiconductor is committed to creating premium products and providing thoughtful services that enhance automotive acoustics, contributing to a collaborative ecosystem within the new energy automotive audio industry.

Zihaiguo

Series C in 2020
Zihaiguo is a developer and retailer specializing in self-heating hot pots, which provide a modern twist on traditional hot pot dining. Utilizing advanced FD aerospace freeze-drying technology and packaging in aluminum foil lunch boxes, Zihaiguo delivers convenient and flavorful meal options. The company aims to enhance the dining experience by allowing customers to enjoy delicious hot pot meals with minimal preparation time, enabling them to focus more on their leisure activities. Through its innovative products, Zihaiguo caters to the growing demand for quick and easy meal solutions.

Xingyun Group

Series C in 2020
Xingyun Group specializes in transforming the digital supply chain for consumer goods, offering comprehensive Direct-to-Consumer (DTC) services. The company employs whole-process SaaS tools to enhance the global commodity trade environment. Its Management Middle-end System Services Engine integrates industrial ecological resources, facilitating cost reduction and efficiency improvements through data utilization. Xingyun Group supports overseas consumer brands in entering the Chinese market while assisting Chinese brands in their global expansion efforts. The platform boasts nearly 160 cooperative and self-operated warehouses across 72 countries and one region, catering to over 350,000 online and offline retailers in China. Its product offerings include maternal and child supplies, beauty care, healthcare, digital products, clothing, and shoes, ensuring reliable and cost-effective purchasing solutions for domestic retailers.

Zihaiguo

Series B in 2020
Zihaiguo is a developer and retailer specializing in self-heating hot pots, which provide a modern twist on traditional hot pot dining. Utilizing advanced FD aerospace freeze-drying technology and packaging in aluminum foil lunch boxes, Zihaiguo delivers convenient and flavorful meal options. The company aims to enhance the dining experience by allowing customers to enjoy delicious hot pot meals with minimal preparation time, enabling them to focus more on their leisure activities. Through its innovative products, Zihaiguo caters to the growing demand for quick and easy meal solutions.

Trifo

Series B in 2020
Trifo is a technology company that specializes in designing and manufacturing AI-powered home robots to enhance everyday living. Established in 2016 and headquartered in Santa Clara, California, with additional offices in Shenzhen and Beijing, Trifo develops integrated hardware and software systems equipped with advanced sensing, perception, and decision-making capabilities. Its robots are capable of autonomously organizing and interacting with home environments by understanding physical, geometric, and semantic elements. Additionally, Trifo provides a Software Development Kit (SDK), allowing users to integrate its products into personal projects. The company's innovative solutions aim to improve household efficiency and ease, continually adapting through advanced artificial intelligence technologies.

Backpack

Seed Round in 2019
Backpack Technologies, Inc., established in 2014 and headquartered in Staten Island, New York, operates an online peer-to-peer platform. This platform connects shoppers and travelers globally, facilitating overseas shopping and shipping services. It offers a wide range of products, including consumer electronics and exotic pashmina, providing access to items that may not be readily available locally.

Xingyun Group

Series B in 2019
Xingyun Group specializes in transforming the digital supply chain for consumer goods, offering comprehensive Direct-to-Consumer (DTC) services. The company employs whole-process SaaS tools to enhance the global commodity trade environment. Its Management Middle-end System Services Engine integrates industrial ecological resources, facilitating cost reduction and efficiency improvements through data utilization. Xingyun Group supports overseas consumer brands in entering the Chinese market while assisting Chinese brands in their global expansion efforts. The platform boasts nearly 160 cooperative and self-operated warehouses across 72 countries and one region, catering to over 350,000 online and offline retailers in China. Its product offerings include maternal and child supplies, beauty care, healthcare, digital products, clothing, and shoes, ensuring reliable and cost-effective purchasing solutions for domestic retailers.

Flowclub

Seed Round in 2019
FLOW is an e-cigarette brand, mainly providing users with bombing and atomizing smoke. It uses smoked tobacco cartridges containing nicotine salt (used in place of nicotine). It is available in white, black and blue. It has been registered in Taobao. Full pre-sale. The brand's first e-cigarette product uses a 320mAh battery, charging time is about 1 hour, 210-330 ports can be pumped under slow power, and the waterproof level reaches IP56, “can prevent strong splashing water”. FLOW's e-cigarette is a "rebounding atomized smoke", which uses a smoker cartridge containing nicotine salt (used in place of nicotine). These types of electronic cigarettes are often referred to as "smoke" and have become popular in the market in recent years. They are characterized by no burning waste such as tar and carbon monoxide, which can effectively reduce the harm compared with traditional tobacco.

Asensing

Series A in 2019
Guangzhou Asensing Electronics Co., Ltd. specializes in the development of inertial navigation and optoelectronic technology solutions. Founded in 2014 and based in Guangzhou, China, the company offers a range of products including vertical gyros, inertial measurement units, attitude heading reference systems, and GPS/INS integrated navigation systems. These products are utilized across various sectors such as aerospace, marine, and industrial applications, serving customers in the fields of aircraft, ships, robots, and somatosensory terminals. In addition to standard offerings, Asensing provides customized solutions, particularly in the areas of UAV platforms and night vision technology. The company's advanced inertial and optoelectronic products enhance dynamic attitude measurement, motion control, and positioning algorithms, contributing to safer and more precise navigation systems.

Xingyun Group

Series B in 2018
Xingyun Group specializes in transforming the digital supply chain for consumer goods, offering comprehensive Direct-to-Consumer (DTC) services. The company employs whole-process SaaS tools to enhance the global commodity trade environment. Its Management Middle-end System Services Engine integrates industrial ecological resources, facilitating cost reduction and efficiency improvements through data utilization. Xingyun Group supports overseas consumer brands in entering the Chinese market while assisting Chinese brands in their global expansion efforts. The platform boasts nearly 160 cooperative and self-operated warehouses across 72 countries and one region, catering to over 350,000 online and offline retailers in China. Its product offerings include maternal and child supplies, beauty care, healthcare, digital products, clothing, and shoes, ensuring reliable and cost-effective purchasing solutions for domestic retailers.

Xiaoqule

Series A in 2018
Xiaoqule is a community-focused e-commerce platform headquartered in Hangzhou, China, and operates as a subsidiary of Zhejiang Gejia Network Technology Co., Ltd. The company connects local businesses with consumers, enabling the provision of cost-effective products and services tailored to community needs. Through its platform, users can order a variety of items, including seasonal fruits, vegetables, and imported snacks, while also benefiting from group ordering options. Xiaoqule emphasizes convenience by shortening transportation times and ensuring the quality of goods. Additionally, the platform offers logistical support, encompassing transportation, technology, marketing, and customer service, thereby facilitating interactions within the community and enhancing the overall shopping experience.

Trifo

Series A in 2018
Trifo is a technology company that specializes in designing and manufacturing AI-powered home robots to enhance everyday living. Established in 2016 and headquartered in Santa Clara, California, with additional offices in Shenzhen and Beijing, Trifo develops integrated hardware and software systems equipped with advanced sensing, perception, and decision-making capabilities. Its robots are capable of autonomously organizing and interacting with home environments by understanding physical, geometric, and semantic elements. Additionally, Trifo provides a Software Development Kit (SDK), allowing users to integrate its products into personal projects. The company's innovative solutions aim to improve household efficiency and ease, continually adapting through advanced artificial intelligence technologies.

XGimi

Corporate Round in 2018
XGimi is a developer and manufacturer of high-performance, multi-functional smart projectors and laser TVs, established in 2012 and based in Chengdu, China. The company specializes in high-definition projectors that are embedded with an Android operating system and offer three-dimensional viewing capabilities. XGimi is dedicated to creating affordable giant-screen projection solutions, aiming to enhance the viewing experience for consumers worldwide.

Xpeng Motors

Series B in 2018
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.

Xpeng Motors

Series A in 2017
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.

Trifo

Series A in 2017
Trifo is a technology company that specializes in designing and manufacturing AI-powered home robots to enhance everyday living. Established in 2016 and headquartered in Santa Clara, California, with additional offices in Shenzhen and Beijing, Trifo develops integrated hardware and software systems equipped with advanced sensing, perception, and decision-making capabilities. Its robots are capable of autonomously organizing and interacting with home environments by understanding physical, geometric, and semantic elements. Additionally, Trifo provides a Software Development Kit (SDK), allowing users to integrate its products into personal projects. The company's innovative solutions aim to improve household efficiency and ease, continually adapting through advanced artificial intelligence technologies.

Moran Cognitive Technology

Series A in 2017
Mor.AI is an artificial intelligence company focusing on Cognitive Computing and Natural Language Understanding technology. It serves as a Conversational Services Search Platform, based on in-house voice interaction of ‘Noise reduction+Automatic Speech Recognition + Multi-round dialogue+Knowledge Graph’. In the cloud, Mor.AI connected services and contents of 50+ fields and provided 10+ transaction services. Through mainly voice interaction and with the Conversational Services Search Platform, Mor.AI built Internet of Things and Internet of Vehicles. In the home appliance industry, Mor.AI is in in-depth cooperation with manufacturers such as vivo, Konka, TCL and Sharp. In the automotive industry, it is in partnership with a number of international and local car manufacturers, for instance, Mercedes-Benz and SAIC MAXUS.

Eqingdan

Angel Round in 2015
Eqingdan, known as "The List," operates an online platform that serves as a lifestyle product guide for the emerging middle class in China. The platform provides users with a comprehensive resource for daily necessities and merchandise information, including product reviews. By leveraging user-generated content, Eqingdan enhances its editorial offerings, allowing for a diverse range of perspectives while maintaining authenticity in its commercial guides. The service is accessible across various platforms, including PC, mobile applications, and WeChat, and has attracted millions of users, reflecting its rapid growth and strong engagement within its target audience. Eqingdan aims to empower consumers to make informed purchasing decisions, ultimately improving their quality of life.

Qualtré

Series D in 2014
Qualtré, Inc. is a developer and manufacturer of solid-state silicon micro-electro-mechanical systems (MEMS) motion sensors, catering to various markets such as industrial, mobile, consumer, and automotive. Established in 2008 and based in Marlborough, Massachusetts, the company specializes in offering both analog and digital output three-axis angular rate sensors and single-axis MEMS gyroscopes. Qualtré is focused on advancing its proprietary multi-axis bulk acoustic wave (BAW) MEMS gyroscope technology to deliver high performance, low cost, and durability for emerging applications within the gyroscope market. The company boasts a strong intellectual property portfolio with numerous patents covering diverse product architectures and processes. Its management team has extensive experience in the MEMS and semiconductor industries, emphasizing the importance of comprehensive engineering capabilities in MEMS product development. This strategic focus has enabled Qualtré to assemble a skilled development team, benefiting from the proximity to a rich talent pool in the Boston area.

Metao.com

Series B in 2014
Metao.com is an online retailer specializing in cross-border e-commerce, headquartered in Beijing. It offers a platform for Chinese consumers to purchase high-quality, internationally-branded products directly from overseas suppliers. With over 10,000 commodities sourced from nearly 100 foreign brands through dozens of suppliers, Metao.com provides real-time pricing updates based on current exchange rates and supports RMB payment via PayPal. The company prioritizes secure and efficient logistics to ensure a convenient and affordable shopping experience for its users.

Qualtré

Series C in 2014
Qualtré, Inc. is a developer and manufacturer of solid-state silicon micro-electro-mechanical systems (MEMS) motion sensors, catering to various markets such as industrial, mobile, consumer, and automotive. Established in 2008 and based in Marlborough, Massachusetts, the company specializes in offering both analog and digital output three-axis angular rate sensors and single-axis MEMS gyroscopes. Qualtré is focused on advancing its proprietary multi-axis bulk acoustic wave (BAW) MEMS gyroscope technology to deliver high performance, low cost, and durability for emerging applications within the gyroscope market. The company boasts a strong intellectual property portfolio with numerous patents covering diverse product architectures and processes. Its management team has extensive experience in the MEMS and semiconductor industries, emphasizing the importance of comprehensive engineering capabilities in MEMS product development. This strategic focus has enabled Qualtré to assemble a skilled development team, benefiting from the proximity to a rich talent pool in the Boston area.

Metao.com

Series A in 2014
Metao.com is an online retailer specializing in cross-border e-commerce, headquartered in Beijing. It offers a platform for Chinese consumers to purchase high-quality, internationally-branded products directly from overseas suppliers. With over 10,000 commodities sourced from nearly 100 foreign brands through dozens of suppliers, Metao.com provides real-time pricing updates based on current exchange rates and supports RMB payment via PayPal. The company prioritizes secure and efficient logistics to ensure a convenient and affordable shopping experience for its users.

Phantom

Series A in 2013
Phantom Smart is a research and development design service provider of autonomic 2.4G network-based household products. The company’s flagship product is the Phantom Smart Maiden Voyage Set that includes two smart lights (Nova), a wireless switch (Stick and press), an environmental control (EcoTower), and a gateway (TelePort). These products allow users to remotely control the AC, check home temperature and humidity, and check if there are harmful gases present in homes. Through digitization of homes, Phantom Smart provides more life possibilities for users.

Heptagon Advanced Micro Optics

Series F in 2013
Heptagon specializes in the manufacture of advanced micro-optics systems and optical packaging for smart devices. The company is recognized for its expertise in imaging, light, and sensor technologies, particularly through its innovative Time-of-Flight (ToF) sensors. Heptagon’s products integrate illumination, lens systems, and packaging technologies at the wafer level, which allows original equipment manufacturers (OEMs) to streamline their product development processes and reduce time-to-market. With over 20 years of experience, Heptagon has established a reputation for delivering breakthrough technologies while maintaining total supply chain control and a commitment to integrity.

Heptagon Advanced Micro Optics

Series E in 2012
Heptagon specializes in the manufacture of advanced micro-optics systems and optical packaging for smart devices. The company is recognized for its expertise in imaging, light, and sensor technologies, particularly through its innovative Time-of-Flight (ToF) sensors. Heptagon’s products integrate illumination, lens systems, and packaging technologies at the wafer level, which allows original equipment manufacturers (OEMs) to streamline their product development processes and reduce time-to-market. With over 20 years of experience, Heptagon has established a reputation for delivering breakthrough technologies while maintaining total supply chain control and a commitment to integrity.

Xiaomi Technology

Series C in 2012
Xiaomi Corporation, founded in 2010 and headquartered in Beijing, China, is a prominent technology company that designs, manufactures, and markets smartphones and consumer electronics. The company's product range includes a variety of mobile devices, such as Android-based smartphones and smart home products, like smart TVs, AI speakers, and smart routers. Xiaomi is notable for its innovative approach, often incorporating user feedback into product development, which has fostered a loyal customer base. The company operates through several segments, including smartphones, Internet of Things (IoT) products, and Internet services, offering both hardware and software solutions. Additionally, Xiaomi engages in the retail and wholesale of its products, operates service centers, and has expanded its presence internationally, becoming a leader in markets such as India and gaining traction in Europe. With a commitment to providing quality technology at accessible prices, Xiaomi continues to innovate and adapt within the competitive landscape of the tech industry.

ConvenientPower HK

Series B in 2011
ConvenientPower HK Limited is a company based in Shatin, Hong Kong, that specializes in the design and development of wireless power applications for mobile electronics. Founded in January 2006, the company provides wireless QI charging pads compatible with QI-certified receiver devices, which are available through retail outlets. ConvenientPower HK has established strategic alliances with key industry players, including Philips & Lite-On Digital Solutions Corp and ON Semiconductor Corporation, to enhance its product offerings and market presence.

Qualtré

Venture Round in 2011
Qualtré, Inc. is a developer and manufacturer of solid-state silicon micro-electro-mechanical systems (MEMS) motion sensors, catering to various markets such as industrial, mobile, consumer, and automotive. Established in 2008 and based in Marlborough, Massachusetts, the company specializes in offering both analog and digital output three-axis angular rate sensors and single-axis MEMS gyroscopes. Qualtré is focused on advancing its proprietary multi-axis bulk acoustic wave (BAW) MEMS gyroscope technology to deliver high performance, low cost, and durability for emerging applications within the gyroscope market. The company boasts a strong intellectual property portfolio with numerous patents covering diverse product architectures and processes. Its management team has extensive experience in the MEMS and semiconductor industries, emphasizing the importance of comprehensive engineering capabilities in MEMS product development. This strategic focus has enabled Qualtré to assemble a skilled development team, benefiting from the proximity to a rich talent pool in the Boston area.

ihush.com

Series B in 2011
Ihush is an online sales platform offering special sale items (less than 50% discount) from international fashion brands. It has been authorized by the appropriate channels. In Europe, it is a popular sales model where an online on-sale website is managed by a professional shopping website supported by numerous big brands and their products. Consumers can break the limitations of space and location, receiving special offer information and buying favorite items through the network platform. From the end of 2008 to now, this model has been demonstrating substantial growth in China. So far, it has collaborated with over 500 international brands and it provides costumes, bags and suitcases, home appliance, products for infants and mothers, beauty products, tourism packages, and more. The product information is updated at noon every day and the sale for each brand lasts 3 to 7 days.

Quwan.com

Series B in 2010
Beijing Wanzhe Tianxia Network Technology Co. Ltd. operates Quwan.com, an e-commerce platform that specializes in innovative consumer household products. Founded in November 2008, Quwan.com features a diverse array of products organized into six main categories: home furnishing, decorating, kitchen and bathroom, office, leisure, and fashion. The platform boasts over 5,000 stock keeping units and includes more than 100 brands, with more than 50 original design brands. Quwan.com continually expands its product offerings to meet the evolving needs of consumers. The company's growth has been supported by significant investment rounds, including a notable second round of financing in 2010. By July 2011, the platform had attracted a substantial following, reaching one million fans of its interactive marketing efforts.

ihush.com

Series A in 2010
Ihush is an online sales platform offering special sale items (less than 50% discount) from international fashion brands. It has been authorized by the appropriate channels. In Europe, it is a popular sales model where an online on-sale website is managed by a professional shopping website supported by numerous big brands and their products. Consumers can break the limitations of space and location, receiving special offer information and buying favorite items through the network platform. From the end of 2008 to now, this model has been demonstrating substantial growth in China. So far, it has collaborated with over 500 international brands and it provides costumes, bags and suitcases, home appliance, products for infants and mothers, beauty products, tourism packages, and more. The product information is updated at noon every day and the sale for each brand lasts 3 to 7 days.

Qualtré

Series B in 2010
Qualtré, Inc. is a developer and manufacturer of solid-state silicon micro-electro-mechanical systems (MEMS) motion sensors, catering to various markets such as industrial, mobile, consumer, and automotive. Established in 2008 and based in Marlborough, Massachusetts, the company specializes in offering both analog and digital output three-axis angular rate sensors and single-axis MEMS gyroscopes. Qualtré is focused on advancing its proprietary multi-axis bulk acoustic wave (BAW) MEMS gyroscope technology to deliver high performance, low cost, and durability for emerging applications within the gyroscope market. The company boasts a strong intellectual property portfolio with numerous patents covering diverse product architectures and processes. Its management team has extensive experience in the MEMS and semiconductor industries, emphasizing the importance of comprehensive engineering capabilities in MEMS product development. This strategic focus has enabled Qualtré to assemble a skilled development team, benefiting from the proximity to a rich talent pool in the Boston area.

Quwan.com

Series A in 2009
Beijing Wanzhe Tianxia Network Technology Co. Ltd. operates Quwan.com, an e-commerce platform that specializes in innovative consumer household products. Founded in November 2008, Quwan.com features a diverse array of products organized into six main categories: home furnishing, decorating, kitchen and bathroom, office, leisure, and fashion. The platform boasts over 5,000 stock keeping units and includes more than 100 brands, with more than 50 original design brands. Quwan.com continually expands its product offerings to meet the evolving needs of consumers. The company's growth has been supported by significant investment rounds, including a notable second round of financing in 2010. By July 2011, the platform had attracted a substantial following, reaching one million fans of its interactive marketing efforts.

ConvenientPower HK

Series A in 2009
ConvenientPower HK Limited is a company based in Shatin, Hong Kong, that specializes in the design and development of wireless power applications for mobile electronics. Founded in January 2006, the company provides wireless QI charging pads compatible with QI-certified receiver devices, which are available through retail outlets. ConvenientPower HK has established strategic alliances with key industry players, including Philips & Lite-On Digital Solutions Corp and ON Semiconductor Corporation, to enhance its product offerings and market presence.

Edan Instruments

Series A in 2008
Edan Instruments, Inc. is a China-based company specializing in the design, manufacture, research, and development of medical electronic instruments. Established in 2002, the company offers a diverse range of products, including diagnostic ECG devices, patient monitoring systems, obstetrics and gynecology equipment, ultrasound imaging technology, in-vitro diagnostics, and veterinary instruments. Edan Instruments is committed to innovation and has a team of experienced engineers, alongside a workforce that includes professionals from various academic backgrounds. The company has demonstrated impressive growth, maintaining an annual growth rate of nearly 50%, which underscores its stable development in the medical equipment sector.

Qualtré

Series A in 2008
Qualtré, Inc. is a developer and manufacturer of solid-state silicon micro-electro-mechanical systems (MEMS) motion sensors, catering to various markets such as industrial, mobile, consumer, and automotive. Established in 2008 and based in Marlborough, Massachusetts, the company specializes in offering both analog and digital output three-axis angular rate sensors and single-axis MEMS gyroscopes. Qualtré is focused on advancing its proprietary multi-axis bulk acoustic wave (BAW) MEMS gyroscope technology to deliver high performance, low cost, and durability for emerging applications within the gyroscope market. The company boasts a strong intellectual property portfolio with numerous patents covering diverse product architectures and processes. Its management team has extensive experience in the MEMS and semiconductor industries, emphasizing the importance of comprehensive engineering capabilities in MEMS product development. This strategic focus has enabled Qualtré to assemble a skilled development team, benefiting from the proximity to a rich talent pool in the Boston area.

Grandis

Venture Round in 2005
Grandis is a pioneering company specializing in the development and licensing of innovative non-volatile memory solutions based on advanced research in spintronics. The company focuses on utilizing the electron's spin to enhance the storage, manipulation, and transmission of information. Grandis produces spin transfer torque random access memory products and licenses these technologies to a variety of sectors, including consumer electronics, personal computers, automotive, medical, military, and aerospace industries. Through its cutting-edge solutions, Grandis aims to enable transformative products in the semiconductor industry.

E-mu Systems

Venture Round in 1990
E-mu Systems is a developer and manufacturer of digital audio products tailored for musicians and audio professionals. The company specializes in designing and marketing a range of products, including audio interfaces, software instruments, digital audio systems, performance keyboards, and wireless accessories. E-mu Systems aims to provide high-quality audio solutions, exemplified by their premium studio-grade audiophile reference headphones, which feature a lightweight design and an adjustable leather headband for enhanced comfort and flexibility. Their products are made available through online platforms, local retail stores, and various distributors, catering to the needs of discerning music listeners and industry professionals alike.

SanDisk

Series B in 1989
SanDisk, established in 1988, is a multinational corporation headquartered in Milpitas, California. It specializes in designing, developing, manufacturing, and marketing data storage solutions globally. The company's product portfolio includes removable storage cards for consumer devices like digital cameras, smartphones, and e-readers, under brands such as SanDisk Ultra, Extreme, and Extreme PRO. Additionally, it offers embedded products for mobile devices, automotive, and connected home applications, as well as solid-state drives (SSDs) for client and enterprise computing. SanDisk sells its products through various channels, including direct sales, distributors, and retailers.

Apple

Seed Round in 1977
Apple, established in 1976, is a multinational corporation renowned for designing, manufacturing, and selling a wide array of consumer electronics, computer software, and online services. Its product portfolio includes the iconic iPhone, iPad, Mac computers, Apple Watch, AirPods, and a suite of services such as the App Store, Apple Music, iCloud, and Apple TV+. Apple operates a global retail network of Apple Stores and sells its products through various channels, including online, third-party carriers, and resellers. The company is celebrated for its innovative approach, having pioneered the graphical user interface in personal computers and consistently delivering cutting-edge technology. Apple's headquarters are located in Cupertino, California.

LeXiang Intelligence

LeXiang Intelligence is a robotics company that specializes in the development of intelligent consumer-grade robots.
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