MPC, formerly known as Matrix Partners China, is a leading venture capital firm established in 2008, focusing on early-stage and early-growth investments across China. The firm manages over 70 billion RMB and has invested in more than 800 companies, including notable names like XPeng, Li Auto, Ele.me, and SemiDrive Technology. MPC's investment areas encompass new economy sectors, deep technology, industrial digitalization, healthcare, frontier technology, and new consumer brands.

The firm boasts a team of over 40 investment professionals with deep sector knowledge and has established one of the largest portfolio management teams in the market, comprising over 80 professionals across 10 different functions, including strategy and operation consulting, recruiting, and healthcare services, to provide value-added services to entrepreneurs.