Matter Venture Partners new fund

Matter Venture Partners

About

Matter Venture Partners is a Silicon Valley-based HardTech and deep technology venture firm investing in the physical infrastructure of AI, including semiconductors, robotics, quantum computing, AI infrastructure, advanced manufacturing, and energy. The firm partners closely with founders building at the intersection of AI and the physical world.

Investment Focus

Matter Venture Partners invests in HardTech and deep technology companies building the physical infrastructure for AI, spanning semiconductors, robotics and industrial automation, quantum computing, AI infrastructure, advanced manufacturing, and next-generation energy systems.

The firm backs founders solving "Physical AI" challenges at the intersection of the physical and digital worlds and provides hands-on operational support across the semiconductor, electronics, and industrial supply chain. The firm invests from seed through growth stages.

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Fund

In September 2026, Matter Venture Partners announced the final close of Matter Fund II at $450 million, its second flagship fund.

The fund was backed by a group of strategic limited partners including ASML, the Development Bank of Japan, Kleiner Perkins, Nitto Denko, Quanta Computer, Resonac, Sojitz, and TSMC, reflecting the firm's deep ties to the global semiconductor and advanced manufacturing supply chain.

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Other Information

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Leadership

Matter Venture Partners was founded in 2023 by Wen Hsieh (Founding Managing Partner, formerly a partner at Kleiner Perkins), Haomiao Huang (Founding Partner), and Mel Tang (Founding Operating Partner & CFO).

Investment Strategy

The firm targets founders building at the intersection of AI and the physical world, including semiconductors, robotics, quantum computing, AI infrastructure, advanced manufacturing, and energy, and pairs capital with hands-on operational support and access to its network of strategic corporate partners across the global electronics and industrial supply chain.

Notable Investments

  • Path Robotics
  • Volta
  • ChipAgents
  • Eridu
  • Rhoda AI

Notable Exits

  • Ambiq
  • Q.ai

Contact Info

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mattervp.com

Wen Hsieh, Founding Managing Partner

whsieh@mattervp.com

Haomiao Huang, Founding Partner

hhuang@mattervp.com

Mel Tang, Founding Operating Partner & CFO

mtang@mattervp.com

Mike Chiriu, Venture Partner

michiriu@mattervp.com

Brock Csira, Investor

bcsira@mattervp.com

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