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Nitto Announces Investment in Matter Venture Partners Fund II, L.P.

Nitto Denko Corporation (Headquarters: Osaka, Japan; President: Tatsuya Akagi; hereinafter “Nitto”) has invested a total of USD 10 million (approximately JPY 1.5 billion) in Matter Venture Partners Fund II, L.P. (hereinafter “Matter Venture Partners Fund II”), a U.S.-based startup investment fund formed by investment firm Matter Venture Partners, LLC (hereinafter “Matter Venture Partners”).

Founded in 2023, Matter Venture Partners is a venture capital firm investing in early-stage startups across next-generation semiconductors, Physical AI, advanced manufacturing, AI infrastructure, quantum computing, and energy.

Matter Venture Partners Fund II focuses on hard-tech domains, including semiconductors and Physical AI and targets early-stage startups that are addressing critical challenges the world faces.

Particularly in those fields, participation in ecosystems where leading companies and promising startups are concentrated, has become essential for sustainable business growth. Through its investment activities specializing in those sectors, Matter Venture Partners is promoting the development of a global ecosystem with a diverse range of Limited Partners, such as semiconductor industry players including Taiwan Semiconductor Manufacturing Company (TSMC).

Nitto decided to make this LP (Limited Partner) investment with the aim of accelerating next-generation technologies and new business creation in the semiconductor and Physical AI fields. This initiative is in line with Nitto’s Medium-Term Management Plan announced in May 2026, which stipulates the cultivation of business opportunities in the Digital Interface domain, particularly in the semiconductor field. Through this investment, Nitto seeks to create opportunities for collaboration with startups as well as leading industry players, promote the creation of new businesses and the advancement of existing businesses, expand business profitability in growth areas, and ultimately enhance its medium- to long-term corporate value.

Overview of Matter Venture Partners

Company Name Matter Venture Partners
Location California, United States
Year Established 2023
Business Description Venture Capital Investment Firm
Website https://www.mattervp.com/

Overview of Matter Venture Partners Fund II

Fund Name Matter Venture Partners Fund II, L.P.
Investment Focus Hard tech (Semiconductors, Physical AI, etc.)
Fund Size USD 450 Million

About Nitto (Nitto Denko Corporation)

Since its founding in 1918, Nitto has globally provided a wide range of products and services as a high-performance materials manufacturer, including optical materials used in display devices such as smartphones and automotive displays, advanced semiconductor materials, high density printed circuit boards for data centers, medical-related products and services, and decarbonization solutions, based on its core technologies. Under its brand slogan, “Innovation for Customers,” Nitto aims to create indispensable value for society and contribute to a sustainable global environment and a prosperous human society.

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