The company has committed $100m to the Catalyst Fund for early-stage start-ups.
Samsung Electronics, a South Korea-based conglomerate, has added a $100m corporate venturing fund backing US early-stage entrepreneurs to support its memory chips and electronics parts business.
The company has committed $100m to the Catalyst Fund for early-stage start-ups. Samsung has also set up a Strategy and Innovation centre in Menlo Park, California, to complement an accelerator on content run by David Eun in Palo Alto.
Young Sohn (pictured), president and chief strategy officer of device solutions for Samsung, will head…
