TSMC-backed U.S. fund targets chip, robotics, other hardware startups

VC Kleiner Perkins and Japanese trading house Sojitz among other investors

20240607N robot arms

Kleiner Perkins, which is backing the new fund, previously invested in logistics robotics startup Dexterity. (Dexterity)

KAZUYUKI OKUDAIRA, Nikkei senior staff writer

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.

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