Hot VC firm led by Palantir cofounder plans to spend $100 million in an area long-neglected by other investors

Business Insider
By Eugene KimMay 30, 2015, 3:37 pm453 ptsHot
Formation 8, one of the hottest Silicon Valley VC firms, recently set up a new $100 million fund solely dedicated to startups building hardware, like wearables, web-connected home devices, and semiconductors. The reason: Hardware startups have long been passed up by traditional VC investors. Formation 8, which…

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