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Matter Venture Partners

Matter Venture Partners is a hands-on venture firm purpose-built to support founders developing HardTech technologies that matter most in the actual world.

Matter Venture Partners logo

Matter Venture Partners

Matter Venture Partners is a hands-on venture firm purpose-built to support founders developing HardTech technologies that matter most in the actual world. The firm combines deep operational experience and relationships with industry leaders to accelerate bringing HardTech innovation to scale. It is solely focused on building the next generation of HardTech startups.

General information

Firm type

Venture Capital

Year founded

2023

Location

Region

North America

Country

United States

City

Los Altos

Corporate office

San Francisco, CA, United States

Principals

Wen Hsieh

Founding Managing Partner

Haomiao Huang

Founding Partner

Mel Tang

Founding Operating Partner & CFO

Brock Csira

Investor

Meaghan O’Neill

Investor

Alex Zhang

Investor

Albert Lee

Head of Strategic Relationships

Sector focus

Industrial TechRobotics & AutomationSemiconductors & ElectronicsAI/MLEnergy Transition & RenewablesSpaceTechMobility & TransportationDigital Health

Frequently asked questions

Who runs investment decisions at Matter Venture Partners?

The firm identifies itself as run by its founders, Wen Hsieh and Haomiao Huang, both former investors at Kleiner Perkins. While specific investment committee structures are not publicly detailed, the firm's own materials describe the founders as the leaders of the investment team. Their combined track record includes nearly two decades of HardTech investing at Kleiner Perkins.

How does Matter Venture Partners source proprietary deal flow?

Matter's proprietary sourcing relies on its strategic limited partners, which include TSMC and other unnamed industrial corporations. These relationships create a pipeline of founders and technologies emerging from the semiconductor and advanced manufacturing supply chains. The firm's thesis is that HardTech deal flow is uniquely accessible through deep operational ties rather than traditional software network effects.

Does Matter Venture Partners participate in fund commitments or only direct deals?

The firm operates as a direct early-stage venture investor, targeting Seed and Start-up companies in HardTech. There is no public evidence that Matter makes fund commitments to other venture capital managers; its model revolves around hands-on operational engagement with its own portfolio companies.

Which sectors does Matter Venture Partners explicitly avoid?

Matter draws a clear boundary around software-only startups. The firm's entire positioning is built on HardTech — ventures that combine hardware and software with physical supply chains and manufacturing scale. Consumer internet, enterprise SaaS, and purely digital services are absent from the portfolio and strategy description.

How is Matter Venture Partners related to Kleiner Perkins?

Matter Venture Partners is a spinout, not a subsidiary. Founders Wen Hsieh and Haomiao Huang previously served as investors at Kleiner Perkins, where they built their HardTech track record. The new firm is structurally independent, with its own fund, LP base, and investment mandate.

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