Matrix Power

What Matrix Power does

The input corpus contains two distinct entities sharing the name "Matrix Power," and this analysis focuses on the entity that is the active investment subject: a Shanghai-based, privately held provider of full-stack computing power supply solutions for AI data centers (AIDC). Founded by former Huawei North America executives, the company designs and delivers integrated power infrastructure spanning generation through distribution for hyperscale AI data center operators, generating revenue through project-based hardware sales. The go-to-market is direct enterprise field sales targeting major hyperscale technology companies, with active cooperation pursuits underway with Google and Meta. The company has accumulated nearly 100 million yuan in hand orders and completed a March 2026 Series A AIDC financing round exclusively backed by Xingxing Charging, with prior investments from Yushan Capital and an unnamed listed company. Use of proceeds is allocated to continued AIDC power supply R&D, overseas market expansion — with active acceleration into North America — and working capital replenishment. (Note: A separate Middlesbrough, UK-based Matrix Power — an electrical utility firm founded in 1997 specializing in high voltage cable installation, power system design, and DC & Light Rail traction power systems, led by CEO Neil Guest — was acquired by Ipsum Group in March 2025; this appears to be a distinct entity operating in a different vertical and geography and is not the subject of this analysis.)

Name

Matrix Power

Legal name

Matrix Power

Website

https://matrixpower.co.uk

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Matrix Power is a Shanghai-based provider of full-stack computing power supply solutions for AI data centers, founded by former Huawei North America executives. It sells integrated power infrastructure hardware directly to hyperscale operators and is expanding into North America with backing from Xingxing Charging.

Ownership category

akta.pro rank

Product category

High Voltage Electrical Engineering Services

NAICS

Power and Communication Line and Related Structures Construction (237130)

SIC

Electrical Work (1731)

akta.pro industry

PRIMARYEUAEAFAB

Medium/Low-Voltage Power Distribution (MCCs, Panels, UPS, Grounding)

Energy, Utilities & Environment/Energy Infrastructure & Services (EPC, O&M, Field Services)/Mechanical, Electrical & Plumbing (MEP) for Energy Facilities

SECONDARYEUAEACAE

Pole, Tower & Structure Installation / Replacement (Distribution)

Energy, Utilities & Environment/Energy Infrastructure & Services (EPC, O&M, Field Services)/Distribution Grid EPC & Line Services (Medium/Low Voltage)

SECONDARYEUADACAJ

Power Transformers, Reactors & Auxiliary Power Systems

Energy, Utilities & Environment/Electric Transmission & Distribution (T&D)/Substations, Switchgear & Protection Systems

Keywords

• High voltage electrical services
• Cable installation services
• Power system commissioning
• Traction power systems
• Electrical maintenance services

Headquarters

HQ city

Middlesbrough

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Others

Revenue model

1. AI Data Center Power Supply Solutions: The company generates revenue through providing full-stack computing power supply solutions for AI data centers. Revenue is derived from hand orders totaling nearly 100 million yuan, indicating project-based or product sales revenue.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Matrix Power is an electrical engineering services firm based in Middlesbrough, UK, specializing in high voltage electrical power systems including design, equipment installation, cable installation and jointing, commissioning, preventative maintenance, and 24/7 emergency call out and repairs. The company also provides nationally recognised specialist expertise in the design, installation, and commissioning of DC & Light Rail traction power systems for rail sector clients.

Product overview

Matrix Power is a Shanghai-based provider of full-stack computing power supply solutions for AI data centers. The company offers a unified product portfolio centered on AIDC (AI Data Center) power supply solutions. The core offering encompasses power supply hardware systems and infrastructure designed to support the computing power needs of AI data centers. Founded by former Huawei North America executives, the company is actively expanding into the North American market.

Differentiator

Problem solved

Functional benefit

Products and services

• High Voltage Electrical Power Systems Services

Named customers2 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered minor.

• GoogleminorStrategic or Co-development PartnerMatrix Power is actively pursuing cooperation with Google for AI data center power supply solutions. Discussions ongoing for potential partnership.
• MetaminorStrategic or Co-development PartnerMatrix Power is actively pursuing cooperation with Meta for AI data center power supply solutions. Discussions ongoing for potential partnership.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• OCU Group: OCU Group is a UK utility infrastructure services contractor covering power, water, and telecoms. It is a direct competitor in the multi-utility contracting space with overlapping HV and electrical installation capability.
• Avove: Avove is a UK utility services contractor providing design, build and maintenance across power, water and telecoms infrastructure. It is comparable in size and service mix to Matrix Power and operates in the same competitive set.
• Smith Brothers (HV): Smith Brothers is a UK HV electrical contractor specialising in high voltage switchgear installation, cable jointing, and commissioning for utility and industrial customers. It competes head-to-head with Matrix Power for HV contracting work in the UK.
• Network Plus: Network Plus is a UK utility services contractor providing power, water and telecoms infrastructure services. It is a direct peer in the multi-utility contracting space with a similar service portfolio and customer set to Matrix Power.
• Morrison Utility Services: Morrison Utility Services is a major UK utility infrastructure contractor delivering power, gas and water services. It is a direct peer in distribution-network contracting and shares Matrix Power's utility-customer profile.

Broad incumbents

• Balfour Beatty: Balfour Beatty is a major UK-listed infrastructure group with significant power transmission, distribution and rail electrification capabilities. It is a broad incumbent in HV infrastructure contracting at substantially greater scale than Matrix Power.
• Costain Group: Costain is a UK infrastructure solutions company serving power, water and transportation sectors. It is a broad incumbent with meaningful HV and rail electrification capability and competes for similar framework agreements.
• Kier Group: Kier Group is a UK infrastructure services and construction group with utilities and rail capabilities. It is a broad incumbent operating across adjacent HV and rail electrification services.
• Ipsum Group: Ipsum is the specialist engineering services provider that acquired Matrix Power in March 2025. It operates across Power, Water, Infrastructure and Telecoms in the UK and is the most directly comparable peer in terms of service portfolio and customer base, now encompassing Matrix Power's HV capability.

Regional players

• McGowan Group: McGowan Group is a Scotland-based HV electrical contractor specialising in high voltage cable installation, jointing and substation services. It is a comparable HV specialist but is regionally focused on Scotland rather than competing directly with Matrix Power in North East England.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat3 records

Key risks4 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Matrix Power