Ex-Kleiner Perkins Duo Raise $300M Debut With Matter Venture Partners HardTech Fund

In a significant move, Matter Venture Partners, founded by former Kleiner Perkins investors, has announced the closure of its inaugural fund, amassing an impressive $300 million. The fund is earmarked for investments in the burgeoning "hardtech" sector, focusing on transformative technologies with tangible applications. Notably, the founders, who departed Kleiner Perkins in 2023, bring with them a wealth of experience and industry insights, having previously steered investments in groundbreaking ventures. Backed by Kleiner Perkins and Taiwanese semiconductor giant TSMC, Matter Venture Partners is poised to make substantial waves in the venture capital landscape, capitalizing on emerging opportunities in the tech sector.