MatrixOrigin recently completed a USD 10 million Pre-A financing round led by VNET, with Honour Base participating. After this round, MatrixOrigin will expand its business beyond the hyper-converged heterogeneous database MatrixOne into the AI Infra and AI Platform sectors, and will deeply integrate and collaborate with VNET's AIDC business.
This financing will be used to develop MatrixOS, a minimal, unified, open-source, AI-native data intelligence operating system. MatrixOS will consist of three parts: MatrixDC, a large-scale heterogeneous compute resource scheduling platform; MatrixOne, a hyper-converged heterogeneous data management platform; and MatrixGenesis, an AI Agent application development platform. The goal is to build an AI-native software platform that connects compute power, data, knowledge, models, and enterprise applications.
MatrixDC will serve as the resource foundation for MatrixOne and MatrixGenesis, using cloud-native technology to help enterprises build an AI-native resource management and scheduling platform. Together with MatrixOne, MatrixGenesis will provide a one-stop platform for data sharing and distribution, model training, large-model application development, deployment, and operations for data scientists, AI developers, and end users, helping AI technologies land quickly across industries.
The GPU platform service neolink.ai, built on MatrixOrigin MatrixOS and VNET's latest AIDC products, will be officially launched in Q3 2024.
MatrixOrigin founder and CEO Wang Long said: This financing not only brings capital support to MatrixOrigin, but more importantly, it represents market recognition of our vision to build the "operating system for the digital world." MatrixOrigin will join hands with VNET to open a new chapter in the fields of big data and AI Native Infra & Platform. The launch of MatrixOS will provide enterprises with a new, open AI-native data intelligence operating system. Through the collaboration of MatrixDC, MatrixOne, and MatrixGenesis, we can build a full-chain AI software platform for enterprises and provide one-stop services for data scientists, AI scientists, AI developers, and users. We firmly believe that MatrixOS will greatly accelerate the adoption and implementation of AI technologies across industries.
VNET founder and executive chairman Sheng Chen said: VNET is very pleased to lead MatrixOrigin's Pre-A financing round and to work closely with such a passionate and innovative team. As the lead investor, we are confident in MatrixOrigin's future development and will fully support its innovation and growth in artificial intelligence. VNET launched its all-in-AI AIDC strategy early and has invested heavily in AI Native Infra & Platform, committed to providing enterprises with efficient and reliable AI infrastructure and platform services. VNET will continue to innovate around GPU infrastructure and will collaborate deeply with MatrixOrigin on the neolink.ai platform to build a Chinese version of CoreWeave. This will further enrich VNET's product and service portfolio. Through an open and shared AI ecosystem, we will help more enterprises achieve digital transformation and intelligent upgrading, and jointly create a better future in the AI era.
MatrixOrigin's previous round was an angel-plus financing round in 2021, with tens of millions of USD in funding led by ZHONGDING Capital and followed by 5Y Capital and Sequoia China Evergreen. The company released the commercial MatrixOne Enterprise Edition and MatrixOne Cloud services in 2023, successfully achieving preliminary application validation and commercialization in scenarios such as industry, energy, and the internet. MatrixOrigin is a national high-tech enterprise and a Shenzhen Specialized, Refined, Differentiated, and Innovative SME. It has ranked highly in multiple startup competitions and industry lists, and its team spans 12 cities and regions including Beijing, Shanghai, Shenzhen, and Silicon Valley in the United States.
