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.
Scoring Rationale
Industry-relevant funding with credible technical details, but limited novelty beyond commercialization and incremental architectural evolution.
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