Fundraising Fox

Matter Venture Partners

Venture capitalActively deploying

Silicon Valley · Seed–Series A · 6 people tracked

Also known as MATTER VENTURE PARTNERS, LLC

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Investment thesis

Matter Venture Partners believes humanity's biggest innovations will increasingly come from HardTech, an area it argues traditional venture capital, tuned for software, has underserved. The firm positions itself to 'take the hard out of HardTech' by pairing deep operational expertise with relationships across industry leaders, aiming to accelerate the path from innovation to scale. It emphasizes company-building support for HardTech founders, particularly in the semiconductor and broader HardTech ecosystems, and highlights a collaboration with TSMC to help catalyze the next generation of startups.

Source: firm website, verified Aug 25, 2026.

Stage
Seed–Series A
HQ
Silicon Valley, California, US
Instruments
Equity
Founded
2023
Last 12 months
6 investments
AUM
$311M
VC funds
2
Tracked investments
21

Team · 6 people

from the firm's website & public directories
Alex Zhang· Investorin
Johnathan Budd· Investorin

What they invest in

from 17 of 21 portfolio companies

AI & Machine Learning ×12Hardware ×10Deep Tech ×5Advanced Manufacturing ×3Logistics & Supply Chain ×3Robotics ×3SaaS ×3Semiconductors ×3

HQs:United States×17

Investments · 21 tracked

founders shown can be your intro path

By year:2026 · 32025 · 52024 · 32022 · 22021 · 114 dated

AEye Technologies, Inc.NASDAQ: LIDRSep 2021SEC filingmedium confidence

Dublin, US

Board seatWen Hsieh· per SEC Form D · $40M raise · filed Sep 2021

Ambiqambiq.comin𝕏NYSE: AMBQNov 2022

Ambiq develops ultra-low-power semiconductor solutions and edge AI platforms for IoT and healthcare applications.

AI & Machine LearningIoTSemiconductorsAustin, US

Scott Hanson(Executive Officer, Director)inFumihide Esaka(CEO)Scott Goodwin(Executive Officer)Joseph A. Tautges(Director)Paul Rolls(Executive Officer)Sean Chen(Executive Officer, Director)

Board seatWen Hsieh· per SEC Form D

Co-investorsCisco InvestmentsConductive VenturesKleiner PerkinsMercury FundOUP (Osage University Partners)Soul Capital+3 more

Amprius Technologies, Inc.NYSE: AMPXOct 2022SEC filingmedium confidence

Fremont, US

Board seatWen Hsieh· per SEC Form D · $202M raise · filed Oct 2022

Co-investorsForgePoint Cybersecurity

Eridueridu.aiin𝕏Mar 2026✓ verified

Eridu develops networking infrastructure optimized for artificial intelligence workloads.

AI & Machine LearningCloud ComputingDeep TechHardwareSaratoga, US

Drew Perkins(CEO and founder)inChristian Gallagher(Director)Jagdeep Singh(Director)Omar Hassen(Director)Dipender Saluja(Director)Brian Kinard(Executive Officer)

Board seatWen Hsieh· per SEC Form D

Co-investorsBosch VenturesCatapult VenturesSocratic PartnersZelda VenturesBlack Opal VenturesFriends Family Capital+12 more

OpenLight Photonicsopenlightphotonics.cominJan 2025✓ verified

OpenLight Photonics develops photonic integrated circuits and systems for data center, telecommunications, and sensing applications.

Deep TechHardwareSemiconductorsGoleta, US

Adam Carter(Chief Executive Officer)James Dixon(Chief Financial Officer)Volkan Kaman(Vice President, Operations)John Parker(Senior Director, Engineering)Chris Barnard(Senior Director, Test & Software)Mario Pannicia(Director)

Co-investorsCatapult VenturesIceNineSnatched Ventures

Alpha Design AI, Inc.May 2026SEC filingmedium confidence

Goleta, US

Yang Wang(Executive Officer, Director, Promoter)John Bowers(Director)

BoardIvan Bercovich(Director)

Board seatWen Hsieh· per SEC Form D · $50M raise · filed May 2026

Co-investorsAmino CapitalBessemer Venture PartnersMediaTekScOp VentureScOp Venture Capital

Cesium Astrocesiumastro.comin𝕏Feb 2024

CesiumAstro builds active phased array communications systems and software-defined payloads for space and defense applications, including inter-satellite crosslinks, downlinks, and 5G non-terrestrial network connectivity.

Defense TechHardwareSpace TechAustin, US

Shey Sabripour(Executive Officer, Director)inJonathan Hodock(Director)Daniel Sable(Director)

BoardThomas D?Halluin(Director)in

Board seatWen Hsieh· per SEC Form D

Co-investorsAssembly VenturesIn-Q-TelInMotion VenturesIronGate Capital AdvisorsKleiner PerkinsMESH+5 more

Crossbarcrossbar-inc.comin𝕏Jan 2024SEC filingmedium confidence

CrossBar develops ReRAM-based semiconductor technology and secure silicon architectures, including its DARIC secure processing unit that integrates compute, cryptographic acceleration, and ReRAM memory on a single chip.

Crypto & Web3HardwareSemiconductorsSanta Clara, US

George Minassian(Executive Officer, Director)Hagop Nazarian(Executive Officer)Sung Hyun Jo(Founder & CTO)Anne Dorman(Executive Officer)Mark Davis(CEO)Elaine Wang(CBO)

Board seatWen Hsieh· per SEC Form D · $5.2M raise · filed Jan 2024

Co-investorsCorrelation VenturesKleiner PerkinsTyche Partners

Dexteritydexterity.comin𝕏Jun 2026SEC filingmedium confidence

Dexterity develops artificial intelligence and robotics systems that enable machines to perceive, reason, and act autonomously in unstructured physical environments, serving enterprises in logistics and material handling.

AI & Machine LearningLogistics & Supply ChainRoboticsRedwood City, US

Samir Menon(Founder & CEO)in

Board seatWen Hsieh· per SEC Form D · $50M raise · filed Jun 2026

Co-investorsLightspeed Venture PartnersObvious Ventures

SpinLaunchspinlaunch.comAug 2025SEC filingmedium confidence

SpinLaunch develops a kinetic orbital launch system that uses a rotating accelerator to propel satellites into space at ultra-high speeds, reducing fuel and structural requirements compared to traditional rockets.

Deep TechHardwareSpace TechLong Beach, US

Jonathan Yaney(Executive Officer, Director)inMatthew Mejia(Executive Officer)David Wrenn(Executive Officer, Director)

BoardKerry Propper(Director)inAntonio Ruiz-Gimenez(Director)in

Board seatWen Hsieh· per SEC Form D · $32M raise · filed Aug 2025

Co-investorsCatapult VenturesKleiner PerkinsLauder PartnersLobby CapitalTeam GlobalATW Partners+2 more

Anvil Robotics
Biostate AIbiostate.aiin𝕏

Biostate AI is a biotech company that develops AI-driven solutions for the life sciences and medical research sectors.

AI & Machine LearningBiotechDigital HealthHouston, US

Timothy Kassis(Co-Founder & Head of AI)Ashwin Gopinath(Executive Officer, Director)David Zhang(Executive Officer, Director)inDavid Y. Zhang(Executive Officer, Director)Eva Miao(Executive Officer)

Co-investorsAccelCatapult VenturesGaingelsMana Ventures

Dockdock.usinDec 2025 · $42M

Dock is a revenue enablement platform that lets sales teams create shared client workspaces, deal rooms, and client portals, manage sales content, and build AI agents that draft proposals, follow-up emails, and mutual action plans from live CRM data.

AI & Machine LearningSaaSSales Tech

Co-investorsFjor FoundersOperator CollectiveRecall CapitalHearst VenturesLightbankLinse Capital+3 more

Docktrydock.ai𝕏Dec 2025 · $42M

Dock is a collaborative workspace where users create teams of specialized AI agents that coordinate with one another to carry out departmental work.

AI & Machine LearningEnterprise SoftwareSan Francisco, US

Govind Kavaturi(Co-Founder)inMike Molinet(Founder)in

Co-investorsY CombinatorHearst VenturesLightbankLinse CapitalRiverwood CapitalSozo Ventures+1 more

Kargokargo.aiinDec 2025 · $42M

Kargo uses computer vision hardware ("Towers") installed at warehouse loading docks to capture freight events in real time and turn them into structured data.

AI & Machine LearningHardwareLogistics & Supply ChainSaaSSan Francisco, US

Samuel Lurye(Executive Officer, Director, Promoter)Sam Lurye(Founder)

BoardSpencer Foust(Director)in

Co-investorsSozo VenturesAvenir Growth CapitalEvolution VC PartnersIndustrious VenturesAvenirHearst Ventures+2 more

Kargomykargo.comin

Kargo uses computer vision hardware installed at warehouse loading docks to capture freight data in real time and convert dock-door activity into structured data.

AI & Machine LearningHardwareLogistics & Supply ChainSaaS

Sam Lurye(Founder)

Co-investorsSozo VenturesActivant CapitalB3 CapitalGood FriendsGreat Oaks Venture CapitalHat-Trick Capital+7 more

Lightforcelf.coin

LightForce develops generative braces using artificial intelligence and 3D printing technology to create individualized orthodontic appliances tailored to each patient.

Advanced ManufacturingAI & Machine LearningHardwareHealthtechMedical DevicesBoston, US

Co-investorsKleiner PerkinsAM VenturesDIAMatrixOmega Venture PartnersTRANSFORMATION CAPITAL

Lumafieldlumafield.comin𝕏

Lumafield builds industrial X-ray CT scanning hardware and cloud-connected analysis software that let engineering, R&D, and production teams inspect the interior of manufactured parts for defects and dimensional accuracy.

Advanced ManufacturingAI & Machine LearningDeep TechHardwareSan Francisco, US

Eduardo Torrealba(Founder)inAndreas Bastian(Founder)inJonathan Aharon(Founder)inScott Johnston(Founder)

Co-investorsAlumni VenturesBasecamp FundDCVC (Data Collective)G2 Venture PartnersIVP (Institutional Venture Partners)Kleiner Perkins+3 more

Ouraouraring.com

Oura Ring is a wearable smart ring that collects and analyzes 50+ personal health metrics to provide insights on sleep, fitness, and wellness for individual users.

HardwareHealthtechWellness & FitnessSan Francisco, US

Ashley Colley(Founder)Virpi Tuomivaara(Founder)Tom Hale(CEO)in

Co-investors125 VenturesA-Rod CorpAble PartnersAlumni VenturesBasecamp FundBold Capital Partners+24 more

Path Roboticspath-robotics.comin𝕏Oct 2024 · $100M

Path Robotics develops AI-powered robotic welding systems that adapt in real-time to part variations, serving manufacturers in heavy industry, critical infrastructure, defense, and energy sectors.

Advanced ManufacturingAI & Machine LearningRoboticsColumbus, US

Andy Lonsberry(Founder & CEO)Alex Lonsberry(Founder)in

BoardNick Solaro(Director)in

Co-investorsCatapult VenturesDrive CapitalPresidio VenturesTaiwania CapitalXplorer CapitalYamaha Motor Ventures+7 more

Tacta Systemstactasystems.com

Tacta Systems is a robotics company building "Dextrous Intelligence," a control system that lets robots perform delicate, variable, human-like tasks with flexibility and autonomy.

AI & Machine LearningDeep TechRobotics

Co-investorsAmerica's Frontier FundB Capital GroupB4 CapitalWoven CapitalSoftBank Group

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 3

IPOs and acquisitions across the tracked portfolio

AEye Technologies, Inc.NASDAQ: LIDRAmbiqNYSE: AMBQAmprius Technologies, Inc.NYSE: AMPX

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Matter Venture Partners made?
Matter Venture Partners has 8 tracked investments, including 1 dated in the last 24 months.
What stage does Matter Venture Partners invest at?
Matter Venture Partners invests at the Seed, Series A stages.
What sectors does Matter Venture Partners focus on?
Matter Venture Partners focuses on Advanced Manufacturing, AI & Machine Learning, Deep Tech, Energy, Hardware, Robotics, Semiconductors.
Where is Matter Venture Partners located?
Matter Venture Partners is headquartered in Silicon Valley, US.
Who does Matter Venture Partners co-invest with?
Matter Venture Partners most often shares deals with Alumni Ventures, Basecamp Fund, Catapult Ventures, among 61 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Mel Tang - Founding Operating Partner & CFO at Matter Venture Partners + Former CFO at Ring Doorbell

AAIM High Podcast · Mel Tang

Mel Tang - Matter Venture Partners

LA Venture Podcast · Mel Tang

Images

Matter Venture Partners photo

Co-investors · 13

Kleiner Perkins

Kleiner Perkins is a venture capital firm that backs founders across technology and life sciences, from early stage through growth.

$500K – $15M
Sozo Ventures

Sozo Ventures is a venture capital firm that invests in technology-enabled companies and supports their global expansion, particularly into markets such as Japan.

Both backed · 2
Lightspeed Venture Partners

Lightspeed is a global venture capital firm that has spent over two decades backing innovative companies as an early and first investor.

Both backed · 1
$1.7M – $87M
Bessemer Venture Partners

Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.

Both backed · 1
$5M – $100M
Tiger Global Management

Tiger Global Management operates public equity strategies (long/short, long-focused and crossover) and a private equity business investing in early- through late-stage growth companies across new and existing industries.

Both backed · 1
$1M – $100M
Matrix

Early-stage venture capital firm investing from idea through Series A, led by former founders and company builders who partner with technically-grounded entrepreneurs with clear visions.

Both backed · 1
$100K – $10M
Drive Capital

Drive Capital is a venture capital firm backing founders across the American Heartland and Midwest, partnering with companies from early idea through IPO.

Both backed · 1
$5M – $30M
America's Frontier Fund

America's Frontier Fund is a deep tech venture firm that backs founders tackling hard scientific and technological problems in areas of strategic national importance, providing capital and demand-side support such as procurement pathways.

Both backed · 1
$500K – $10M
Founders Fund

Founders Fund is a venture capital firm that backs technology companies building transformative products.

$500K – $5M
New Enterprise Associates (NEA)

New Enterprise Associates (NEA) is a venture capital firm that invests in and provides long-term support to founders building new companies.

$200K – $40M
Visionaire Ventures

Visionnaire Ventures is a global technology investment firm based in San Francisco that invests in visionary entrepreneurs and disruptive technology companies across seed to growth stages. The team comprises seasoned entrepreneurs and executives with experience founding and operating global internet, gaming, and media companies.

Incite.org

Incite is a venture capital firm that invests in entrepreneurs and organizations working toward transformative social and environmental change. The firm combines investment, philanthropy, and advocacy to support builders creating a radically better future.

1 more co-investors

Applied Ventures

Firms observed investing alongside Matter Venture Partners, from public investor directories. Shared companies are the overlap with Matter Venture Partners's recorded portfolio.

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