Matrix Power Raises Series A To Scale AI Power

Shanghai-based Matrix Power Technologies has completed a Series A funding round, raising an eight-figure RMB sum from StarCharge to develop AI data center power systems. Founded in 2020, the startup focuses on 54V in-rack systems, 400V and 800V HVDC platforms, and solid-state transformers, and plans North American expansion and commercialization of 800V systems.
Key Points
- 1Raised Series A from StarCharge, securing an eight‑figure RMB round for AI power R&D and expansion.
- 2Pursues high‑voltage DC and solid‑state transformer architectures to meet rising megawatt‑scale per‑rack compute power.
- 3Enables data‑center designers to adopt 400/800V DC platforms, improving efficiency and sub‑millisecond dynamic response.
Scoring Rationale
Industry-relevant funding with credible technical details, but limited novelty beyond commercialization and incremental architectural evolution.
Sources
Public references used for this report.
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