Business · Companies · 2 hrs ago

Ondine Capital Opens Third Fund Focused on AI and Chips

Ondine Capital Opens Third Fund Focused on AI and Chips

Taiwanese venture capital firm Ondine Capital has opened its third fund, focused on artificial intelligence and chips.

The fund has commitments from institutional and strategic investors, the firm said.

Its backers include semiconductor companies in Taiwan.

The fund is aimed at investment in AI and chip-related areas.

The announcement does not give the fund's size or name specific investments.

It also does not say when the fund will begin investing or which companies it may back.

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