# MATRIX Power

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/matrix-power

- Industry: Power & Utilities
- Headquarters: Shanghai, China
- Website: www.matrix-mpt.com
- Total disclosed funding: $1.5M
- Latest round: Series A (Jul 14, 2021)
- Investors on record: 1

## About

Based in Shanghai, China, and established in 2020, Mayweather Electric Technology (Shanghai) Co., Ltd., trading as MATRIX, is a power electronics company that provides power solutions. Its businesses cover Asia, North America, and Europe. In June 2021, it established an intelligent manufacturing plant in Shanghai. It has more than 20 patents and passed the national quality system certifications. In March 2026, MATRIX Power raised a series A funding from Star Charge.

MATRIX's products can be categorized as 5G telecom power, data center distributed power, and energy storage systems (ESS). The 5G telecom power includes 5G blade power and batteries, embedded power, and power systems. The data centers include battery backup systems, central power systems, and modular data centers. The energy storage system includes residential ESS systems, commercial ESS, and portable power banks. 
The company's revenue is generated by providing power solutions.

## Funding rounds

- Series A, Jul 14, 2021, $1.5M — Yushan Partners

## Investors

- Yushan Partners (https://capitalatlas.ai/funds/yushan-partners) — Series A