AVITIC INNOVATION FUND

Investment Thesis

The AVITIC Innovation Fund is a joint venture between Applied Ventures (Applied Materials’ corporate VC arm) and ITIC Taiwan. Its thesis focuses on investing across the materials‑to‑systems stack in semiconductors, advanced manufacturing, sustainability, and AI hardware. AVITIC targets startups developing enabling technologies such as GaN power devices, in‑memory computing, advanced packaging, and photonic interconnects that can be scaled through Applied Materials’ and ITRI’s industrial ecosystems. The fund looks for capital‑efficient deeptech teams with defensible IP and credible paths to qualification in demanding markets like datacenters, EVs, and industrial automation. By combining strategic insight and manufacturing know‑how from both parents, AVITIC aims to be a catalytic investor for breakthrough hardware and process innovations.

Notable AI Portfolio

• Wise‑integration
• Scintil Photonics
• other AI chip and photonics-related portfolio companies

Tags

• vc firm