Matrix Partners (now MPCi in China) is a venture capital firm that invests in various technology sectors, including the space industry. Specifically, MPCi has been investing in Chinese space startups, such as launch vehicle manufacturers like LandSpace and iSpace, satellite manufacturers like Spacety and Changguang Satellite Technology (CGSTL), and space telescope developers like Origin Space. These investments aim to support the growth of China's private space sector.
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Matrix Partners led the $50,000,000 funding round for Krutrim.
Sequoia Capital China, Country Garden Venture Capital, Matrix Partners China, and Cornerstone Capital jointly led Landspace’s $175,000,000 Series C+ funding round.
iSpace previously raised over $100,000,000 in Series A funding with participation from Matrix Partners China, CDH Investments, and Baidu.
Origin Space raised $7,000,000 in October in an angel round led by Matrix Partners China and Linear Venture.
iSpace received over $100,000,000 in Series A funding from Matrix Partners China, CDH Investments, Baidu, and others prior to securing A++ series funding.
iSpace was founded in 2016 and received financing worth 600 million yuan following a Series A funding round led by Matrix Partners China.