Intel Capital

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 Holdings,[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. ^ https://sambanova.ai/press/sambanova-systems-announces-150m-series-b-from-intel-capital-and-gv-to-advance-its-breakthrough-ai-platform
  2. ^ https://www.prnewswire.com/news-releases/intel-capital-invests-in-figure-as-humanoid-robot-takes-first-steps-301877841.html
  3. ^ https://www.ai21.com/blog/ai21-completes-208-million-oversubscribed-series-c-round
  4. ^ https://www.finsmes.com/2023/10/twelve-labs-raises-10m-in-funding.html#google_vignette
  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. ^ https://www.prnewswire.com/il/news-releases/bria-raises-24m-series-a-to-pioneer-responsible-visual-generative-ai-for-enterprises-302067391.html
  7. ^ https://www.anyscale.com/press/anyscale-announces-usd40m-in-series-b-funding-led-by-nea
  8. ^ https://www.globenewswire.com/news-release/2022/01/26/2373539/0/en/MinIO-Closes-103-Million-Series-B-Round-at-1-Billion-Valuation-to-Accelerate-Multi-Cloud-Storage.html
  9. ^ https://www.cnet.com/tech/tech-industry/intel-netscape-back-red-hat/
  10. ^ https://www.eetimes.com/intel-makes-219m-investment-in-vmware/
  11. ^ https://www.mongodb.com/company/newsroom/press-releases/mongodb-closes-150-million-funding#:~:text=The%20round%20includes%20participation%20from,best%2Dfunded%20Big%20Data%20technology.
  12. ^ https://www.reuters.com/article/technology/asml-wins-funds-for-chip-technology-from-intel-idUSBRE86819B/
  13. ^ https://www.calcalistech.com/ctech/articles/0,7340,L-3839415,00.html
  14. ^ https://www.finsmes.com/2022/11/astera-labs-raises-150m-in-series-d-at-3-15b-valuation.html#google_vignette
  15. ^ https://www.businesswire.com/news/home/20190529006010/en/BabbleLabs-Raises-14-million-Series-A-Financing-from-Dell-Technologies-Capital-and-Intel-Capital-to-Accelerate-Speech-Technology
  16. ^ https://www.jobyaviation.com/news/joby-aviation-secures-100m-in-series-b-funding/
  17. ^ https://www.finsmes.com/2018/05/cloudgenix-receives-investment-from-intel-capital.html
  18. ^ https://www.businesswire.com/news/home/20201014005272/en/Accurics-Raises-20-Million-Venture-Funding-to-Self-Heal-Cloud-Native-Infrastructure
  19. ^ https://venafi.com/news-center/press-release/venafi-announces-39-million-new-funding-as-market-need-to-protect-keys/
  20. ^ https://www.intel.com/pressroom/capital/pdfs/IMS_Series_B_Release.pdf
  21. ^ https://www.bloomberg.com/news/articles/2015-08-28/square-s-swedish-rival-gets-67-million-from-intel-zouk-capital-idv9yhb8
  22. ^ https://moovit.com/blog/funding-series-d-intel/
  23. ^ https://www.timesofisrael.com/intel-capital-leads-investment-in-israeli-ai-processor-startup-habana-labs/
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