Matter Venture Partners

Matter Venture Partners is a venture capital firm focused on accelerating HardTech innovation, aiming to reshape industries such as semiconductors, robotics, AI infrastructure, and electrification. The firm seeks to invest in startups that are founded on hardcore science or engineering, often emphasizing hardware in addition to software, and are challenging to replicate when executed successfully. Matter Venture Partners defines HardTech startups as those that are hard to do right and hard to copy when done right, and hard to find as venturable investments.

The firm's investment strategy involves providing capital, operational expertise, and a strategic network to support the commercialization and sustainable growth of HardTech startups. Matter Venture Partners closed its first fund in March 2024, raising $300 million, with backers including Kleiner LP, TSMC, individuals, entrepreneurs, and family offices. The fund aims to invest in 15 to 20 companies, with a focus on large seed rounds, Series A, and Series B investments.

Matter Venture Partners is headquartered in Palo Alto, California, and operates with a team of seasoned professionals committed to identifying and securing high-quality investment opportunities that maximize returns and create long-term value for clients. The firm's portfolio includes companies such as LuxVue, Lightforce, and Ambiq, with other investments in stealth mode. The team comprises founding partners Dr. Wen Hsieh, Dr. Haomiao Huang, and operating partner Mel Tang, who are also limited partners in the fund.