Intel has invested $132M in 11 startups this year, on track for $300M-$500M in total

Intel has invested $132M in 11 startups this year, on track for $300M-$500M in total

4 years ago
Anonymous $-9GJQVHNr8

https://techcrunch.com/2020/05/12/intel-has-invested-132m-in-11-startups-this-year-on-track-for-300m-500m-in-total/

When it comes to corporate venture capital, semiconductor giant Intel has shaped up to be one of the most prolific and prescient investors in the tech world, with investments in 1,582 companies worldwide, and a tally of some 692 portfolio companies going public or otherwise exiting in the wake of Intel’s backing.

Today, the company announced its latest tranche of deals: $132 million invested in 11 startups. The deals speak to some of the company’s most strategic priorities currently and in the future, covering artificial intelligence, autonomous computing, and chip design.