Conductive Ventures said it raised $100 million for a maiden venture capital fund aimed at expansion stage investing in hardware and enterprise software.
The firm is managed by Carey Lai, previously with Intel Capital and Institutional Venture Partners, and Paul Yeh, formerly a partner at Kleiner Perkins Caufield & Byers.
The Palo Alto firm has invested in four companies: Ambiq Micro, CSC Generation, Desktop Metal, and Sprinklr.
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