# Matwings Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/matwings-technology

- Industry: Biotechnology
- Headquarters: Shanghai, China
- Website: www.matwings.com
- Total disclosed funding: $43M
- Latest round: Series A (Jul 13, 2026)
- Investors on record: 18

## About

Based in Shanghai, China, and founded in 2021, Shanghai Matwings Technology Co. Ltd., trading as Matwings Technology, is an AI protein design service provider that focuses on the design and modification of protein products. It was founded by a team from Shanghai Jiaotong University. In August 2023, it was recognized as the National High-tech Enterprise. The company has obtained 14 patents. 
In July 2026, Matwings Technology raised a series A++ funding co-led by Shanghai State-owned Capital Investment Leading Fund and CS Capital, with participation from Golden Vision Capital, Caixin Capital, Shanghai STVC Group, J-Micro, and Fortera Capital, Qiming Venture Partners, GSR United Capital, Yonghua Capital, 3E Bioventures Capital.
The company mainly provides AI protein design services. It uses the Transformer architecture and masked language model to develop the AI ??protein design model AccelProtein™, which can be used for protein design work and applied to biomedicine, in vitro diagnostics, and other fields. Matwings Technology also designs protein products based on the large model, such as dual-target fusion proteins, DNA polymerases, etc.
The company generates revenue by providing the AI ??protein design model AccelProtein™ and products based on large model design.
The series A++ round of financing will be primarily used for the iteration of artificial intelligence technology, including the continuous research and development and iterative upgrades of the company's core product—the "dry and wet closed-loop" protein research intelligent agent MatwingVenus™, and to accelerate the large-scale application of AI-driven protein design capabilities in fields such as circular economy, innovative drugs, big health, and medical consumables, further promoting the transformation of AI for Science results from the laboratory to industrialization.

## Funding rounds

- Series A, Jul 13, 2026 — Qiming Venture Partners, Shanghai STVC Group, Yonghua Capital, CS Capital, 3E Bioventures Capital, GSR United Capital, Caixin Capital, Golden Vision Capital, Fortera Capital, Shanghai State-owned Capital Investment Leading Fund, J-Micro
- Series A, Mar 16, 2026, $29M — Qiming Venture Partners, Yonghua Capital, CS Capital, 3E Bioventures Capital, GSR United Capital, Kunlun, New Supply and Marketing Capital, Fortera Capital, Shanghai Engine Fund
- Series A, Nov 15, 2024, $14M — Qiming Venture Partners, Yonghua Capital, 3E Bioventures Capital, Jingtao Capital
- Seed, Mar 10, 2022 — SenseTime Group Limited, Glory Ventures, Langcheng Capital

## Investors

- SenseTime Group Limited — Seed
- Glory Ventures (https://capitalatlas.ai/funds/glory-ventures) — Seed
- Langcheng Capital (https://capitalatlas.ai/funds/langcheng-capital) — Seed
- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series A
- Yonghua Capital (https://capitalatlas.ai/funds/yonghua-capital) — Series A
- 3E Bioventures Capital (https://capitalatlas.ai/funds/3e-bioventures-capital) — Series A
- Jingtao Capital (https://capitalatlas.ai/funds/jingtao-capital) — Series A
- CS Capital — Series A
- GSR United Capital (https://capitalatlas.ai/funds/gsr-united-capital) — Series A
- Kunlun (https://capitalatlas.ai/funds/kunlun) — Series A
- New Supply and Marketing Capital (https://capitalatlas.ai/funds/new-supply-and-marketing-capital) — Series A
- Fortera Capital (https://capitalatlas.ai/funds/fortera-capital) — Series A
- Shanghai Engine Fund (https://capitalatlas.ai/funds/shanghai-engine-fund) — Series A
- Shanghai STVC Group (https://capitalatlas.ai/funds/shanghai-stvc-group) — Series A
- Caixin Capital (https://capitalatlas.ai/funds/caixin-capital) — Series A
- Golden Vision Capital — Series A
- Shanghai State-owned Capital Investment Leading Fund (https://capitalatlas.ai/funds/shanghai-state-owned-capital-investment-leading-fund) — Series A
- J-Micro — Series A