The company has committed $100m to the Catalyst Fund for early-stage start-ups, which may be available to university startups.

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.

The fund is aimed at developing unproven technologies for components and…