
Tyche Partners
Description
Tyche Partners is a Menlo Park-based venture capital firm with a dedicated focus on HardTech, investing in early and early-growth stage companies that are developing disruptive technologies. The firm's investment thesis centers on deep technological innovation across various sectors, aiming to back companies that are solving complex problems with foundational scientific and engineering breakthroughs. Their strategic location in Silicon Valley provides access to a rich ecosystem of talent and innovation, reinforcing their commitment to the frontier of technological advancement.
The firm's investment scope within HardTech is broad, encompassing areas such as artificial intelligence, robotics, new materials, advanced manufacturing, biotechnology, and life sciences. Tyche Partners typically engages with companies at the Seed, Series A, and Series B stages, providing crucial capital during their formative and scaling phases. They are known for their hands-on approach, offering strategic guidance and operational support to their portfolio companies beyond just financial investment. Initial checks from Tyche Partners typically range from $1 million to $10 million, demonstrating their capacity to support significant early-stage development.
Tyche Partners has demonstrated consistent growth in its fundraising efforts, reflecting increasing investor confidence in its HardTech-centric strategy. The firm successfully closed its third fund, Tyche Partners Fund III, at $300 million in June 2023. This substantial capital pool underscores their long-term commitment to the HardTech ecosystem and positions them to continue backing groundbreaking ventures. Their disciplined investment approach and deep sector expertise enable them to identify and nurture companies poised to redefine industries through technological innovation.
Investor Profile
Tyche Partners has backed more than 39 startups, with 3 new investments in the last 12 months alone. The firm has led 7 rounds, about 18% of its total and boasts 4 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series C, Series B, Series A rounds (top funding stages).
- Majority of deals are located in United States, Taiwan.
- Strong thematic focus on Software, Hardware, Artificial Intelligence (AI).
- Typical check size: $1M – $10M.
Stage Focus
- Series C (26%)
- Series B (26%)
- Series A (21%)
- Series D (10%)
- Series E (8%)
- Seed (8%)
- Series Unknown (3%)
Country Focus
- United States (95%)
- Taiwan (3%)
Industry Focus
- Software
- Hardware
- Artificial Intelligence (Ai)
- Semiconductor
- Information Technology
- Data Center
- 3d Printing
- Data Storage
- Robotics
- Enterprise Software
Frequently Asked Questions
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