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Tyche Partners

North America, California, United States, Menlo Park

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Tyche Partners frequently co-invest with?

The Engine
North America, Massachusetts, United States, Cambridge
Co-Investments: 4
M
North America, California, United States, San Francisco
Co-Investments: 3
Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 18
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 5
IAG Capital Partners
North America, South Carolina, United States, Charleston
Co-Investments: 4
Lux Capital
North America, New York, United States, New York
Co-Investments: 5
Airbus Ventures
North America, California, United States, Menlo Park
Co-Investments: 3
M Ventures
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 3
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 3
Koch Disruptive Technologies
North America, Kansas, United States, Wichita
Co-Investments: 4

Which angels does Tyche Partners often collaborate with?

JD
North America, California, United States, Menlo Park
Shared Deals: 1
AD
North America, California, United States, Malibu
Shared Deals: 1
JI
North America, Colorado, United States, Boulder
Shared Deals: 1
MY
North America, New York, United States, New York
Shared Deals: 1
PC
Europe, Ile-de-France, France, Paris
Shared Deals: 1
Shared Deals: 1
AL
North America, New York, United States, New York
Shared Deals: 1
GM
North America, California, United States, San Francisco
Shared Deals: 1
BB
North America, California, United States, San Francisco
Shared Deals: 1
SW
North America, California, United States, San Francisco
Shared Deals: 2

What are some of recent deals done by Tyche Partners?

Tacta Systems

Palo Alto, California, United States

Tacta Systems develops robotics with human-like tactile abilities with Dextrous Intelligence, the nervous system for robots.

Artificial Intelligence (AI)Machine LearningRobotics
Series AJun 26, 2025
Amount Raised: $64,000,000

ElastixAI is developing an AI inference platform designed to optimize how large language models are run.

Series UnknownMay 14, 2025
Amount Raised: $16,000,000
VEIR

Woburn, Massachusetts, United States

VEIR develops superconducting wires for electrical transmission that are used in data centers and renewable energy sectors.

Electrical DistributionPower GridSolar
Series BJan 28, 2025
Amount Raised: $75,000,000
Celestial AI

Santa Clara, California, United States

Celestial AI develops an optical interconnect technology platform for data center and AI computing solutions.

Artificial Intelligence (AI)Data CenterMachine LearningSemiconductorSoftware
Series CMar 27, 2024
Amount Raised: $175,000,000
Lightforce Orthodontics

Burlington, Massachusetts, United States

Lightforce Orthodontics is a fully customized 3D-printed bracket system developer based on the anatomy and tooth morphology of each patient.

3D PrintingAdvanced MaterialsDentalHealth Care
Series DAug 2, 2023
Amount Raised: $80,000,000
Celestial AI

Santa Clara, California, United States

Celestial AI develops an optical interconnect technology platform for data center and AI computing solutions.

Artificial Intelligence (AI)Data CenterMachine LearningSemiconductorSoftware
Series BJun 28, 2023
Amount Raised: $100,000,000
Ayar Labs

Emeryville, California, United States

Ayar Labs develops an optical I/O solution for applications that require high bandwidth and low latency using light to move data.

ComputerHardwareInformation TechnologySemiconductor
Series CMay 24, 2023
Amount Raised: $25,000,000
Plus One Robotics

San Antonio, Texas, United States

Plus One Robotics develops a parcel-handling robotics platform for logistics applications.

Industrial AutomationLogisticsRoboticsSoftware
Series CMar 7, 2023
Amount Raised: $52,743,951
SpinLaunch

Long Beach, California, United States

SpinLaunch is an aerospace company focused on sending satellites to low-Earth orbit using kinetic energy.

AerospaceSpace Travel
Series BSep 20, 2022
Amount Raised: $71,000,000
Ayar Labs

Emeryville, California, United States

Ayar Labs develops an optical I/O solution for applications that require high bandwidth and low latency using light to move data.

ComputerHardwareInformation TechnologySemiconductor
Series CApr 26, 2022
Amount Raised: $130,000,000