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Intel Capital

From Wikipedia, the free encyclopedia
Intel Capital Corporation
Company typeDivision
Founded1991; 33 years ago (1991)
Headquarters,
U.S.
Area served
United States, China, Western Europe, Israel
ProductsVenture capital
ParentIntel
Websitewww.intelcapital.com Edit this at Wikidata

Intel Capital Corporation is the premiere investment arm of Intel Corporation. Intel Capital makes equity investments in a range of technology startups and companies offering hardware, software, and services targeting artificial intelligence, autonomous technology, data center and cloud, 5G, next-generation compute, semiconductor manufacturing and other technologies. The firm has been an active investor in artificial intelligence since 2014. Recent notable investments in artificial intelligence include SambaNova Systems,[1] Figure AI,[2] AI21 Labs,[3] Twelve Labs,[4] RunPod,[5] BRIA,[6] Anyscale,[7] MinIO,[8] among many others.

History

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Established by Les Vadasz in 1991, Intel Capital (originally named Corporate Business Development) was the first corporate venture capital firm. It was first created to support the development of Intel's ecosystem through equity investments in strategic companies. Many of these companies were engaged in the manufacture and development of chips, equipment and software that fueled the demand for high-end personal computers. Intel Capital now makes investments internationally across North America, Western Europe, Israel, and Asia Pacific.

Intel Capital curates thousands of customer introductions each year between its portfolio companies and the Global 2000. With more than US$20 billion invested over three decades, Intel Capital has become the world's largest corporate venture firm dedicated to advancing the future of compute.

Investments

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Notable exited Intel Capital investments include Red Hat,[9] VMware,[10] MongoDB,[11] ASML Holding,[12] Spot.io,[13] Astera Labs,[14] BabbleLabs,[15] Joby Aviation,[16] CloudGenix,[17] Accurics,[18] Venafi,[19] IMS Nano,[20] iZettle,[21] Moovit,[22] Habana Labs.[23]

References

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  1. ^ "$150M Raised for Series B Funding | SambaNova Systems". sambanova.ai. 2019-04-01. Retrieved 2024-11-13.
  2. ^ "Intel Capital invests in Figure as humanoid robot takes first steps". www.prnewswire.com. Retrieved 2024-11-13.
  3. ^ "AI21 Completes $208 Million Oversubscribed Series C Round". www.ai21.com. Retrieved 2024-11-13.
  4. ^ "Twelve Labs Raises $10M in Funding". FinSMEs. 2023-10-24. Retrieved 2024-11-13.
  5. ^ https://finance.yahoo.com/news/runpod-raises-20m-seed-funding-130700021.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAF5Gd8Q4t8DFdg46HlNTdzsgl8pZxx1AyOPeYzN3_6LqeKrpPnHqYAkG_fE7AiiixU4I20BY5RZoX_dOutyuZebksNwPoExAeevPsInmFSaz5-iQaYtT0Eu5l8jrfC3c82v263fsPY5bkJZYai8o8l3DLqlf0QGHYRdc2rQLT1fw
  6. ^ "BRIA Raises $24M Series A to Pioneer Responsible Visual Generative AI For Enterprises". www.prnewswire.com. Retrieved 2024-11-13.
  7. ^ "Anyscale Announces $40M in Series B Funding Led by NEA". Anyscale. Retrieved 2024-11-13.
  8. ^ "MinIO Closes $103 Million Series B Round at $1 Billion Valuation to Accelerate Multi-Cloud Storage". GlobeNewswire News Room. 2022-01-26. Retrieved 2024-11-13.
  9. ^ "Intel, Netscape back Red Hat". CNET. Retrieved 2024-11-13.
  10. ^ "Intel makes $219M investment in VMware". Retrieved 2024-11-13.
  11. ^ "MongoDB Closes $150 Million in Funding". MongoDB. Retrieved 2024-11-13.
  12. ^ "ASML wins funds for chip technology from Intel". Retrieved 2024-11-13.
  13. ^ Orbach, Meir (2020-07-13). "NetApp completes Spot.io acquisition for $450 million". CTECH - www.calcalistech.com. Retrieved 2024-11-13.
  14. ^ "Astera Labs Raises $150M in Series D At $3.15B Valuation". FinSMEs. 2022-11-18. Retrieved 2024-11-13.
  15. ^ "BabbleLabs Raises $14 million Series A Financing from Dell Technologies Capital and Intel Capital to Accelerate Speech Technology". Retrieved 2024-11-13.
  16. ^ "Joby Aviation Secures $100M in Series B Funding | Joby". www.jobyaviation.com. Retrieved 2024-11-13.
  17. ^ "CloudGenix Receives Investment from Intel Capital". FinSMEs. 2018-05-10. Retrieved 2024-11-13.
  18. ^ "Accurics Raises $20 Million Venture Funding to Self-Heal Cloud Native Infrastructure". Retrieved 2024-11-13.
  19. ^ "Venafi Announces $39 Million in New Funding as Market Need to Protect Keys and Certificates Grows". venafi.com. Retrieved 2024-11-13.
  20. ^ https://www.intel.com/pressroom/capital/pdfs/IMS_Series_B_Release.pdf
  21. ^ "Square's Swedish Rival Gets $67 Million From Intel, Zouk Capital". Bloomberg.com. 2015-08-28. Retrieved 2024-11-13.
  22. ^ "Moovit Raises $50 Million Led by Intel Capital to Expand its Global Urban Mobility Operating System". Moovit. 2018-02-21. Retrieved 2024-11-13.
  23. ^ "Intel Capital leads investment in Israeli AI-processor startup Habana Labs". Retrieved 2024-11-13.
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