Startups
TSMC-backed U.S. fund targets chip, robotics, other hardware startups
VC Kleiner Perkins and Japanese trading house Sojitz among other investors
Kleiner Perkins, which is backing the new fund, previously invested in logistics robotics startup Dexterity. (Dexterity)
KAZUYUKI OKUDAIRA, Nikkei senior staff writer | U.S.
TOKYO -- Taiwan Semiconductor Manufacturing Co. (TSMC) and major U.S. venture capital firm Kleiner Perkins are among investors backing a new $300 million fund that targets manufacturing startups, such as chip and robotics makers, amid the trend of supply chain onshoring.
Wen Hsieh, a managing partner of Matter Venture Partners, which manages the fund, spoke to Nikkei about investment targets and strategy. Hsieh was a former partner at Kleiner Perkins.
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