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 Electronics

TOYA

Series C in 2024
TOYA specializes in the production of ultra-fine copper and copper alloy conductors.

Dianzhuo

Seed Round in 2024
Dianzhuo is a digital retail company that specializes in providing international and imported electrical appliances.

AndSolar Intelligent Technology

Seed Round in 2023
AndSolar Intelligent Technology focuses on to the development of system-level products, inverter systems, and MLPE equipment.

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.

Dessmann

Series D in 2022
Dessmann is a digital fingerprint biometric door lock supplier with head office in Stuttgart (Germany) and production unit in Hangzhou (China) and production unit in Hangzhou (China) .At Dessmann, They are committed to offering full security products and services to our customers. As a global company with offices and facilities around the world, they currently offer their digital locks in Indonesia, Singapore, China, Europe and Latin America. They will also offer their digital locks in Vietnam, Malaysia and Thailand in the near future. Their full biometric research and development centre allows us to innovate and bring new technologies and functionalities to their customers on a regular basis.

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.

Vomma

Seed Round in 2022
Vomma specializes in the development of advanced light-field camera systems that leverage computational imaging technology to capture multi-dimensional light information instantaneously. The company’s innovative system employs hundreds of thousands of micro sensors meticulously arranged within a three-dimensional framework, enabling precise and efficient recording. This technology is particularly effective for addressing challenges in 3D defect detection in transparent and thin materials, such as LCD and OLED screens, as well as in micro metal wiring applications. With a focus on micro- and nano-precision, Vomma's systems provide rapid millisecond calculations and passive measurement capabilities, positioning the company at the forefront of industrial imaging solutions.

HOUMO.AI

Series A in 2022
Houmo.AI is a semiconductor company founded in 2020 by Dr. Wu Qiang, specializing in integrated circuit storage technology tailored for artificial intelligence and high-power computing applications. The company focuses on developing intelligent computing chips that deliver substantial computing power while maintaining low energy consumption, thereby enabling enterprises to create advanced AI-integrated electronics and intelligent robotics products at competitive prices. By leveraging disruptive technologies, Houmo.AI aims to address the growing demand for computing power in the realm of true artificial intelligence, striving to revolutionize the industry with its innovative solutions.

CYGNUSEMI

Series A in 2022
Cygnus Semi is a semiconductor chip technology company that specializes in developing solutions for 5G Internet-of-Things (IoT) applications. The company focuses on creating advanced connectivity capabilities for smart devices and smart cities. Its products are designed to enhance the performance of electronic devices, allowing manufacturers to integrate high-quality chip technology into their smart products. Through its innovations, Cygnus Semi aims to support the growing demand for enhanced connectivity in various sectors.

Dessmann

Series C in 2021
Dessmann is a digital fingerprint biometric door lock supplier with head office in Stuttgart (Germany) and production unit in Hangzhou (China) and production unit in Hangzhou (China) .At Dessmann, They are committed to offering full security products and services to our customers. As a global company with offices and facilities around the world, they currently offer their digital locks in Indonesia, Singapore, China, Europe and Latin America. They will also offer their digital locks in Vietnam, Malaysia and Thailand in the near future. Their full biometric research and development centre allows us to innovate and bring new technologies and functionalities to their customers on a regular basis.

HOUMO.AI

Seed Round in 2021
Houmo.AI is a semiconductor company founded in 2020 by Dr. Wu Qiang, specializing in integrated circuit storage technology tailored for artificial intelligence and high-power computing applications. The company focuses on developing intelligent computing chips that deliver substantial computing power while maintaining low energy consumption, thereby enabling enterprises to create advanced AI-integrated electronics and intelligent robotics products at competitive prices. By leveraging disruptive technologies, Houmo.AI aims to address the growing demand for computing power in the realm of true artificial intelligence, striving to revolutionize the industry with its innovative solutions.

X-Epic

Series A in 2021
X-Epic is a Nanjing-based startup focused on advancing China's electronic design automation (EDA) software technology. The company develops comprehensive verification solutions that support various industries, including integrated circuits, 5G, artificial intelligence, cloud services, and high-performance computing. By providing innovative systems, X-Epic aims to lower barriers to entry in the integrated circuit industry and address verification challenges associated with chip design, thereby enhancing the overall efficiency and effectiveness of electronic development in China.

Ambilight Technology

Series B in 2021
Ambilight Inc., founded in 2017 and headquartered in Shenzhen, China, specializes in the research, development, and production of flexible smart films. The company is at the forefront of thin-film innovation, encompassing material synthesis, manufacturing processes, and product design. Ambilight operates two innovation centers in Shenzhen and the United States, collaborating strategically with various Fortune Global 500 companies. Its technology has applications across multiple sectors, including automotive, architecture, consumer electronics, and augmented reality. Ambilight's advancements focus on enhancing energy efficiency through electrochromic materials and optical film technologies, aiming to meet the needs of modern enterprises while promoting sustainability and reducing emissions.

HOUMO.AI

Seed Round in 2021
Houmo.AI is a semiconductor company founded in 2020 by Dr. Wu Qiang, specializing in integrated circuit storage technology tailored for artificial intelligence and high-power computing applications. The company focuses on developing intelligent computing chips that deliver substantial computing power while maintaining low energy consumption, thereby enabling enterprises to create advanced AI-integrated electronics and intelligent robotics products at competitive prices. By leveraging disruptive technologies, Houmo.AI aims to address the growing demand for computing power in the realm of true artificial intelligence, striving to revolutionize the industry with its innovative solutions.

iOranges Automation

Series B in 2021
iOranges Automation is a precision assembly and testing technology developer. The company offers standard automation products and flexible production line solutions to end customers in a variety of industries, including 3C electronics, automotive electronics, medical electronics, and the semiconductor industry, allowing clients to have a full life cycle of industrial services via data collection and data analysis.

JLSemi

Series B in 2020
JLSemi is a company focused on the development of high-speed Ethernet communication chips, specializing in gigabit Ethernet analog and system-on-chip (SoC) semiconductors. The firm excels in high-speed analog, advanced digital signal processing (DSP), and mixed-signal designs, pushing the boundaries of Ethernet technology. By leveraging innovations in silicon architecture and design along with advanced process nodes, JLSemi delivers products that offer industry-leading performance in terms of range, resilience, and power consumption. Its advanced connectivity solutions cater to various industries, positioning the company as a key player in the fast-speed communication market.

Yesmro

Series A in 2020
Yesmro, also known as Yimai Gongpin, is a retailer focused on providing small-business automation parts and industrial supplies. The company operates an e-commerce platform that caters to small- to medium-sized enterprises by offering a wide range of products, including electrical accessories, wires and cables, and industrial control components. Yesmro aims to make the procurement of industrial goods easier and more affordable for small businesses by leveraging technology and data-driven solutions. This commitment enables a broad spectrum of enterprises engaged in technological development to access essential industrial products conveniently and at a lower cost.

Yesmro

Series A in 2019
Yesmro, also known as Yimai Gongpin, is a retailer focused on providing small-business automation parts and industrial supplies. The company operates an e-commerce platform that caters to small- to medium-sized enterprises by offering a wide range of products, including electrical accessories, wires and cables, and industrial control components. Yesmro aims to make the procurement of industrial goods easier and more affordable for small businesses by leveraging technology and data-driven solutions. This commitment enables a broad spectrum of enterprises engaged in technological development to access essential industrial products conveniently and at a lower cost.

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.

Sila

Series E in 2019
Sila is a battery materials company founded in 2011 and headquartered in California, United States. It specializes in the production of energy-density lithium-ion batteries designed for electric vehicles, consumer electronics, and automotive original equipment manufacturers (OEMs). Sila focuses on enhancing energy storage solutions by developing supercharged battery materials that improve performance and longevity. Its products aim to facilitate the mass adoption of affordable, long-range electric vehicles while maintaining high standards of quality control, safety, and cycle life. By collaborating with battery manufacturers, Sila supports commercial cell production, driving innovation and efficiency in the battery technology sector.

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.

NASN Automotive Electronics

Series B in 2019
NASN Automotive Electronics Co., Ltd. is a manufacturer based in Shanghai, China, specializing in electronic chassis control products and autonomous driving technologies for the automotive market. The company focuses on developing advanced systems such as the NBooster intelligent brake system, brushless electric steering EPS controller, and wire control systems. NASN is dedicated to integrating research and development with production and sales, aiming to enhance vehicle safety and intelligence. By providing innovative solutions, NASN Automotive Electronics supports the growing demand for advanced driver assistance systems and contributes to the evolution of autonomous driving in China.

Sila

Series D in 2018
Sila is a battery materials company founded in 2011 and headquartered in California, United States. It specializes in the production of energy-density lithium-ion batteries designed for electric vehicles, consumer electronics, and automotive original equipment manufacturers (OEMs). Sila focuses on enhancing energy storage solutions by developing supercharged battery materials that improve performance and longevity. Its products aim to facilitate the mass adoption of affordable, long-range electric vehicles while maintaining high standards of quality control, safety, and cycle life. By collaborating with battery manufacturers, Sila supports commercial cell production, driving innovation and efficiency in the battery technology sector.

iOranges Automation

Series B in 2018
iOranges Automation is a precision assembly and testing technology developer. The company offers standard automation products and flexible production line solutions to end customers in a variety of industries, including 3C electronics, automotive electronics, medical electronics, and the semiconductor industry, allowing clients to have a full life cycle of industrial services via data collection and data analysis.

ICHUNT.COM

Series B in 2017
ICHunt.com is a B2B trading platform focused on global electronic components, catering primarily to small and medium-sized microelectronics enterprises. Launched in 2015 and headquartered in Shenzhen, China, the platform facilitates the entire procurement process for integrated circuit electronic components, encompassing search selection, purchase, consignment, and delivery. By leveraging digital technologies and big data analytics, ICHunt.com enhances inventory turnover for suppliers and streamlines procurement for buyers. This approach significantly improves distribution efficiency and reduces transaction costs, making it an essential resource for businesses in the electronic components sector.

Cobot

Series B in 2017
Wuhan Cobot Technology is a Chinese provider of intelligent robot manipulation systems, specializing in solutions for various industries, including electronics, food, apparel, grocery, and pharmaceuticals. The company develops an industrial robot operating system known as COBOX, which features products such as an unsorted grasping system, a force-controlled polishing system, and a drag teaching system. These innovations aim to lower the costs associated with robotic operations and simplify the integration of robots into enterprise workflows, enhancing efficiency and productivity for its clients.

iOranges Automation

Series A in 2017
iOranges Automation is a precision assembly and testing technology developer. The company offers standard automation products and flexible production line solutions to end customers in a variety of industries, including 3C electronics, automotive electronics, medical electronics, and the semiconductor industry, allowing clients to have a full life cycle of industrial services via data collection and data analysis.

Cobot

Series A in 2017
Wuhan Cobot Technology is a Chinese provider of intelligent robot manipulation systems, specializing in solutions for various industries, including electronics, food, apparel, grocery, and pharmaceuticals. The company develops an industrial robot operating system known as COBOX, which features products such as an unsorted grasping system, a force-controlled polishing system, and a drag teaching system. These innovations aim to lower the costs associated with robotic operations and simplify the integration of robots into enterprise workflows, enhancing efficiency and productivity for its clients.

ICHUNT.COM

Series A in 2016
ICHunt.com is a B2B trading platform focused on global electronic components, catering primarily to small and medium-sized microelectronics enterprises. Launched in 2015 and headquartered in Shenzhen, China, the platform facilitates the entire procurement process for integrated circuit electronic components, encompassing search selection, purchase, consignment, and delivery. By leveraging digital technologies and big data analytics, ICHunt.com enhances inventory turnover for suppliers and streamlines procurement for buyers. This approach significantly improves distribution efficiency and reduces transaction costs, making it an essential resource for businesses in the electronic components sector.

ICHUNT.COM

Seed Round in 2015
ICHunt.com is a B2B trading platform focused on global electronic components, catering primarily to small and medium-sized microelectronics enterprises. Launched in 2015 and headquartered in Shenzhen, China, the platform facilitates the entire procurement process for integrated circuit electronic components, encompassing search selection, purchase, consignment, and delivery. By leveraging digital technologies and big data analytics, ICHunt.com enhances inventory turnover for suppliers and streamlines procurement for buyers. This approach significantly improves distribution efficiency and reduces transaction costs, making it an essential resource for businesses in the electronic components sector.

ETComm

Series A in 2015
ETComm is a biotech firm focused on developing compact digital health products for hospitals. The company specializes in creating innovative digital health solutions such as digital electrocardiographs, body fat measurement instruments, and Bluetooth blood pressure monitors. These products are designed to provide reliable tools for medical practitioners to enhance patient health. ETComm also offers a community smart medical service solution that acts as a health gatekeeper, automatically linking various types of electronic gear without manual operation. Additionally, the company provides direct health product OEM services, technical support, and background data analysis services through its industry integrators.

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.

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.

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.

Quikr

Series E in 2012
Quikr is an online marketplace and free classifieds platform operating in India, designed to facilitate connections between buyers and sellers. Users can browse a wide range of advertisements for various categories, including real estate, vehicles, electronics, jobs, and personal services, making it easy to buy, sell, or rent items and services. The platform promotes user independence by allowing individuals to engage directly with one another, thereby enhancing the overall trading experience. Quikr continually innovates its offerings, introducing features such as privacy-focused transactions and services that cater to those with limited internet access. The company’s mission is to empower users to discover opportunities and connect within their communities, ultimately enriching the marketplace experience for all participants.

Sila

Series A in 2011
Sila is a battery materials company founded in 2011 and headquartered in California, United States. It specializes in the production of energy-density lithium-ion batteries designed for electric vehicles, consumer electronics, and automotive original equipment manufacturers (OEMs). Sila focuses on enhancing energy storage solutions by developing supercharged battery materials that improve performance and longevity. Its products aim to facilitate the mass adoption of affordable, long-range electric vehicles while maintaining high standards of quality control, safety, and cycle life. By collaborating with battery manufacturers, Sila supports commercial cell production, driving innovation and efficiency in the battery technology sector.

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.

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.

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.

Xtalic

Venture Round in 2008
Xtalic Corporation, founded in 2005 and based in Marlborough, Massachusetts, specializes in the development, manufacturing, and sale of corrosion-resistant metal alloys for both mobile and enterprise electronics applications. The company offers innovative nanostructured metal coatings that enhance performance through improved wear and corrosion resistance. Key products include XTRONIC, a barrier layer that enhances durability, and LUNA, a replacement for gold in electrical connectors. Xtalic’s proprietary electroplating process precisely controls metal structures at the nanometer scale, resulting in exceptional aesthetic and functional finishes. Additionally, their technology is environmentally friendly, as it avoids the use of hexavalent chromium, thereby reducing compliance costs and improving worker safety. Through its advanced coatings, Xtalic enables clients to minimize the use of high-cost raw materials and replace toxic substances in their manufacturing processes.

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.

Xikota Devices

Series A in 2007
Star RF, Inc. engages in the development of semiconductors and is based in Waltham, Massachusetts.

OATSystems

Series B in 2006
OATSystems, Inc. is a leader in radio-frequency identification (RFID) solutions, providing businesses with software that enhances operational efficiency and competitive advantage. As a pioneer in RFID technology, OAT has established industry standards and achieved significant milestones, including large-scale deployments and innovative enterprise-wide solutions. The company's offerings include manufacturing solutions that automate plant floor operations and integrate seamlessly with enterprise resource planning (ERP), warehouse management systems (WMS), and supply-chain execution systems. With a diverse multinational client base exceeding 50 customers across various sectors, including retail, consumer packaged goods, consumer electronics, manufacturing, life sciences, aerospace, and defense, OATSystems is headquartered in Waltham, Massachusetts, and maintains offices in Austin, Chicago, London, and Bangalore.

OATSystems

Series A in 2005
OATSystems, Inc. is a leader in radio-frequency identification (RFID) solutions, providing businesses with software that enhances operational efficiency and competitive advantage. As a pioneer in RFID technology, OAT has established industry standards and achieved significant milestones, including large-scale deployments and innovative enterprise-wide solutions. The company's offerings include manufacturing solutions that automate plant floor operations and integrate seamlessly with enterprise resource planning (ERP), warehouse management systems (WMS), and supply-chain execution systems. With a diverse multinational client base exceeding 50 customers across various sectors, including retail, consumer packaged goods, consumer electronics, manufacturing, life sciences, aerospace, and defense, OATSystems is headquartered in Waltham, Massachusetts, and maintains offices in Austin, Chicago, London, and Bangalore.

OATSystems

Series A in 2003
OATSystems, Inc. is a leader in radio-frequency identification (RFID) solutions, providing businesses with software that enhances operational efficiency and competitive advantage. As a pioneer in RFID technology, OAT has established industry standards and achieved significant milestones, including large-scale deployments and innovative enterprise-wide solutions. The company's offerings include manufacturing solutions that automate plant floor operations and integrate seamlessly with enterprise resource planning (ERP), warehouse management systems (WMS), and supply-chain execution systems. With a diverse multinational client base exceeding 50 customers across various sectors, including retail, consumer packaged goods, consumer electronics, manufacturing, life sciences, aerospace, and defense, OATSystems is headquartered in Waltham, Massachusetts, and maintains offices in Austin, Chicago, London, and Bangalore.

Engim

Series B in 2003
Analysts forecast that the Wireless LAN market will grow from 8 million users in 2002 to 80 million users by 2007. This explosive rate of WLAN adoption is driving the need for high capacity WLAN infrastructure within the enterprise. Additionally, as enterprise deployments continue to grow, IT Managers need WLAN infrastructure products that offer enhanced functional capabilities to reduce deployment complexity, increase network robustness and reduce operational costs. Today’s WLAN silicon is optimized for client applications and not for high capacity WLAN infrastructure applications. By allowing simultaneous communications on all WLAN channels, Engim’s Multi-Channel WLAN Switching Engine chipset enables a new generation of very high performance, cost-effective access points. These chipsets apply Wideband Spectral Processing to standards-based WLAN infrastructure products for the first time, thereby dramatically increasing bandwidth and data throughput and making a whole new range of features and functionality available to users at low cost.

PhotonEx Corp

Series C in 2001
PhotonEx Corp is an optical networking equipment manufacturer.

PhotonEx

Series C in 2001
PhotonEx is a prominent event in the UK, focusing on photonics and light technologies. It serves as a platform to showcase innovations and advancements in this field, bringing together industry experts, researchers, and businesses to discuss and explore the latest developments. In addition to organizing this event, PhotonEx is involved in the development of smart photonic systems aimed at enhancing public telecommunications networks. By integrating cutting-edge photonic technologies, the company aims to improve the efficiency and performance of telecommunications infrastructure. Through its initiatives, PhotonEx plays a crucial role in promoting the growth and application of photonics in various sectors.

RealChip Communications

Series B in 2001
RealChip Communications is a Electronics/Chips & Semiconductors company based in Sunnyvale, California. RealChip Communications' investors include Matrix Partners and Comstellar Technologies. RealChip Communications Inc. went out of business as per its Chapter 7 liquidation filing under bankruptcy.

PhotonEx

Series B in 2000
PhotonEx is a prominent event in the UK, focusing on photonics and light technologies. It serves as a platform to showcase innovations and advancements in this field, bringing together industry experts, researchers, and businesses to discuss and explore the latest developments. In addition to organizing this event, PhotonEx is involved in the development of smart photonic systems aimed at enhancing public telecommunications networks. By integrating cutting-edge photonic technologies, the company aims to improve the efficiency and performance of telecommunications infrastructure. Through its initiatives, PhotonEx plays a crucial role in promoting the growth and application of photonics in various sectors.

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.

Xilinx

Pre Seed Round in 1984
Xilinx, Inc. is a leading designer and developer of programmable devices and associated technologies, primarily known for its invention of the field-programmable gate array (FPGA) and the adaptive compute acceleration platform (ACAP). Founded in 1984 and headquartered in San Jose, California, Xilinx produces a range of integrated circuits, including programmable logic devices (PLDs) and system on chips. The company offers comprehensive software design tools, development kits, and targeted reference designs to facilitate the creation of domain-specific applications. Its products serve various markets, including data centers, wireless and wireline communications, aerospace and defense, automotive, and consumer electronics. Xilinx also provides technical support and training services to enhance customer engagement. The company collaborates with partners to address emerging challenges, such as cybersecurity for cloud computing and data centers. Xilinx’s chips are integral to the performance and innovation of devices across numerous industries, underscoring its pivotal role in driving technological advancement.

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.
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