11
News Release April 1, 2019 Contact Intel PR All News Search Newsroom...

Intel Capital Announces $117 Million of New Investments in

  • Upload
    others

  • View
    2

  • Download
    0

Embed Size (px)

Citation preview

Page 2: Intel Capital Announces $117 Million of New Investments in
Page 3: Intel Capital Announces $117 Million of New Investments in
Page 4: Intel Capital Announces $117 Million of New Investments in
Page 5: Intel Capital Announces $117 Million of New Investments in
Page 6: Intel Capital Announces $117 Million of New Investments in
Page 7: Intel Capital Announces $117 Million of New Investments in

»Downloadallimages(ZIP,56MB)

NEWSHIGHLIGHTS

AtIntelCapital

Page 8: Intel Capital Announces $117 Million of New Investments in

GlobalSummitthisweek,morethan600

entrepreneurs,venturecapitalistsandtechindustryleadersaregatheredtoshapethefutureoftechnology.

Today’sfundingnewssetsarecordforinvestmentsannouncedattheGlobalSummit,nowinits19 year,andfurtherdemonstratesIntel’scommitmenttobuildingthefuture.

SpeakersattheannualeventincludetheCEOsofIntelandCadenceDesignSystems;co-foundersofPinterestandRedHat;formerheadsofNORADandFCC.

PHOENIX,April1,2019–IntelCapital,IntelCorporation’sglobalinvestmentorganization,announcedtodayattheIntelCapitalGlobalSummitnewinvestmentstotaling$117millionin14disruptivetechnologystartups.

The14companiesjoiningIntelCapital’sportfolioarecreatingpowerfulartificialintelligence(AI)platforms;newwaystoseeandanalyzematerialsforthebuiltworldandourbodies;moreefficientandgreenermanufacturingtechnologies;anddisruptivenewapproachestochipdesign.

More:2019IntelCapitalGlobalSummit(PressKit)

“Intelhasdrivendisruptionforthelast50years,changingthewaywelivebymakingcomputeubiquitous.IntelCapitaliscontinuingthatlegacyofdisruptionwiththeseinvestments,”saidWendellBrooks,IntelseniorvicepresidentandpresidentofIntelCapital.“Thesecompaniesareshiftingthewaywethinkaboutartificialintelligence,communications,manufacturingandhealthcare–areasthatwillbecomeincreasinglyessentialincomingyearsasthelinchpinsofasmarter,moreconnectedsociety.”

TheinvestmentsextendIntelCapital’srecentstrategyoftakinglarger,morestrategicpositionsinportfoliostartups.Eachyear,IntelCapitalputs$300millionto$500millionintoinnovativecompaniesacrossawiderangeofemergingtechnologiesmakingtheimpossiblepossible.

“Ourcontinuedgoalistoleveragetheglobalresourcesandexpertiseoftheworld’sgreatestengineeringcompany,anditsecosystemofcustomersandpartners,tohelpthesefoundersaccelerategrowthandinnovation,”Brookssaid.

Furtheringitscommitmenttodiversityandinclusion,IntelCapitalandIntelGlobalDiversityandInclusionalsoannouncedasponsorshipofHBCUvc*,anonprofitthattrainsstudentsatHistoricallyBlackCollegesandUniversities(HBCUs)andHispanic-ServingInstitutions(HSIs)aboutventurecapitalandtechnologyentrepreneurship.HBCUvcprovidesstudents

th

Page 9: Intel Capital Announces $117 Million of New Investments in

skillstraining,mentorshipandthechancetobuildprofessionalrelationshipswithseasonedinvestorsandentrepreneurs.ItsVentureCapitalClinicempowersstudentfellowstoputwhatthey’velearnedintopracticeandfuelhigh-growthentrepreneurshiponcampus.IntelCapitalandIntelwillpartnerwithHBCUvctoprovidementoring,trainingandreal-worldexperiences.

TheIntelCapitalGlobalSummitconvenesmorethan600entrepreneurs,ventureinvestorsandGlobal2000businessleadersforthreedaysofnetworking,company-buildingandinspiration.Thisyear’slineupofspeakersincludesRobertSwan,IntelCEO;ReedHundt,CoalitionforGreenCapital*CEOandformerFCCchairman;PaulSciarra,Pinterest*co-founderandJobyAviation*executivechairman;AichaEvans,Zoox*CEO;Lip-BuTan,CadenceDesignSystemsCEO;BobYoung,RedHat*co-founder;andGeneralLoriRobinson(retired),commander,NorthAmericanAerospaceDefenseCommand(NORAD).

MoredetailsonIntelCapital’snewinvestmentsin14disruptivestartups:

DisruptingArtificialIntelligence

CloudpickLimited*(Shanghai,China)isasmartretailtechnologyprovider.Withproprietarycomputervision,deeplearning,sensorfusionandedgecomputingtechnologies,Cloudpickenableshighlydigitized,intelligent,cashier-freestoreswithgrab-and-goshoppingexperiences.Cloudpickhascollaboratedwithe-commercecompanies,traditionalretailersandpaymentpartnersworldwidetoupgrademanybrick-and-mortarstores’shoppingexperiences.

SambaNovaSystems*(PaloAlto,California,U.S.)isarapidlygrowingSiliconValley-basedcompanybuildinganadvancedsystemsplatformtorunAIapplications.FoundedbyindustrypioneersandexpertsinsystemshardwareandsoftwaredesignfromOracle,SunMicrosystemsandStanfordUniversity,SambaNovaSystems’missionistobringAIinnovationsdiscoveredindeepresearchtoenterprisesandorganizationsinallindustriesaroundtheworld,creatingAIforeveryone,everywhere.

UntetherAI*(Toronto,Ontario,Canada)isdevelopingultra-efficient,high-performanceAIchipsthatwillbethefoundationforthenextwaveofinnovationinAI.UntetherAIhasinventedanentirelynewtypeofchiparchitecturethatisspecificallydesignedforneuralnetinferencebyeliminatingbottlenecksindatamovement.Thisuniquearchitecturemovesdata1,000timesfasterthantraditionalarchitectures,resultinginextremeperformanceandefficiency.Thecompanywasfoundedbyateamofscientists,engineersandexperiencedentrepreneurswhohavesuccessfullybroughttomarketmorethan1billionchips.

ZhuhaiEEasyTechnologyCo.Ltd.*(Zhuhai,China)isanAIsystem-on-chip(SoC)designhouseandtotalsolutionprovider.ItsofferingsincludeAIacceleration;imageandgraphicprocessing;videoencodinganddecoding;andmixed-signalULSIdesigncapabilities.ItsAISoCstargetingvideo,automotiveandsmartdeviceswillentermass-productioninlate2019.

DisruptingCommunications

MightyNetworks*(PaloAlto,California,U.S.)isdesignedforbrandsandbusinessestobringpeopletogetherbyofferingcommunity,content,onlinecoursesandsubscriptioncommerceinoneplace.Thecompanyisuniqueinservinganewbreedofdigitallynative“creatorswithapurpose”sellingexperiences,connectionsandexpertisetotheirfollowers–anemergingcategoryofdigitalservicescalledExperientialCommerce.

Pixeom*(SantaClara,California,U.S.)isredefininghowenterprisesmanagehybridcloudresourceswithitsedgecomputingsoftwareplatformthatre-createsandorchestratescloudfunctionalityon-premise.Itmakesiteasytodeployandmanagelarge-scale,geographicallydistributedinfrastructureandworkloads.

Polystream*(Guildford,U.K.)isadeep-techstartupfundamentallychanginghowvideogamesanddemanding3Dapplicationsaredeliveredviathecloud.Polystream’stechnologyenablesinteractivegraphicscontenttobestreamedatunprecedentedscale,withtrulyglobalreach.

TibitCommunications*(Petaluma,California,U.S.)isdevelopingnext-generationdevicestoprovideabroadbandonramptothehome,officeorcellsite,managedvirtuallyfromthecloudtotheuser.TibitreplacesdedicatedhardwareboxesincarrierandenterprisenetworkswithasmallmoduleconnectedtoastandardEthernetswitch–providingsignificantsavingsofcost,powerandspace.

DisruptingHealthcare

MedicalInformaticsCorp.*(Houston,Texas,U.S.)isasoftware-basedmonitoringandanalyticscompany.ItsrevolutionarySickbay*platformarchives,aggregatesandtransformsotherwisenot-recorded,high-resolutionwaveformdataacrossdisparatedevicestoenableanywhere,anytimeremotemonitoringacrossthecontinuumofcare.ThesameplatformcanthenbeleveragedtousemachinelearningandAItodeployreal-time,predictive,criticalcareanalyticsthatgetaheadofdeteriorationandriskandenabledata-drivenmedicineandpatient-centeredcare.

RevealBiosciences,Inc.*(SanDiego,California,U.S.)iscreatinganewgenerationofdata-poweredpathologytoimproveglobalhealthcare.ImageDx,aproprietarydeep-learningplatform,deliverspathologistsandscientistsanovelclassofactionable,quantitativedatatoaccelerateresearchandenhancepatientcare.

DisruptingManufacturing

LandingAI*(PaloAlto,California,U.S.)providesAI-poweredSaaSsolutionsandcorporate-levelAItransformationprogramstoturnenterprisesintoAIcompanies.FoundedbyDr.AndrewNg,theLandingAIteamenablescompaniesin

Page 10: Intel Capital Announces $117 Million of New Investments in

industries,includingmanufacturingandagriculture,todevelopandexecutecohesiveAIstrategies.

OnScale*(Cupertino,California,U.S.)offerson-demandscalableengineeringsimulationsoftware,empoweringengineerstoaccelerateinnovationacrossmultipleindustries,includingnext-generationtechnologiessuchasMEMSIoT,5G,biomedicineandautonomousvehicles.OnScalecombinespowerfulmultiphysicssolvertechnology,usedandvalidatedbyFortune50companiesforover30years,withthespeedandflexibilityofcloudhigh-performancecomputing(HPC).Byremovingtheconstraintsoflegacysimulationtools,OnScaleallowsengineerstodramaticallyreducecost,riskandtimetomarketforcutting-edgetechnologies.

proteanTecs*(Haifa,Israel)developsrevolutionaryUniversalChipTelemetry*forelectronicsystemsthroughouttheirentirelifecycle,increasingtheirperformanceandreliability.Byapplyingmachinelearningtonoveldatacreatedbyembeddedagents,proteanTecsprovidesmeaningfulinsightsunattainableuntiltoday,leadingtonewlevelsofquality,reliabilityandscale.

Qolibri,Inc.*(Roseville,California,U.S.)isacreativetechnicalcompanydevelopingbreakthroughproprietarysolutionsthataddressproblemsinsemiconductorsubfabs.TheQolibriteamhasextensiveexpertiseinsemiconductorcapitalequipmenttechnologyandrenewableenergy.Qolibritechnologieswillchangethelandscapeofthesubfab,leadingtosubstantiallyreducedchipmanufacturingcostswithpositiveenvironmentalimpact.

“WebelieveinthesecompaniesandareexcitedtohelpthemdisrupttheirindustriesbyputtingtheweightofIntelbehindthem,”Brookssaid.“Ourinvestmentisjustthestartofourworkwitheachofthem.”

Formoreinformation,visitourIntelNewsroomPressKit.

Tags:2019IntelCapitalGlobalSummit,IntelCapital

AboutIntelCapital

IntelCapitalinvestsininnovativestartupstargetingartificialintelligence,autonomoustechnology,datacenterandcloud,5G,next-generationcompute,andawiderangeofotherdisruptivetechnologies.Since1991,IntelCapitalhasinvestedUS$12.5billioninmorethan1,550companiesworldwide,and670portfoliocompanieshavegonepublicorparticipatedinamergeroracquisition.IntelCapitalcuratesthousandsofbusinessdevelopmentintroductionseachyearbetweenitsportfoliocompaniesandtheGlobal2000.FormoreinformationonwhatmakesIntelCapitaloneoftheworld’smostpowerfulventurecapitalfirms,visitwww.intelcapital.comorfollow@Intelcapital.

AboutIntel

Intel(NASDAQ:INTC),aleaderinthesemiconductorindustry,isshapingthedata-centricfuturewithcomputingandcommunicationstechnologythatisthefoundationoftheworld’sinnovations.Thecompany’sengineeringexpertiseishelpingaddresstheworld’sgreatestchallengesaswellashelpingsecure,powerandconnectbillionsofdevicesandtheinfrastructureofthesmart,connectedworld–fromthecloudtothenetworktotheedgeandeverythinginbetween.FindmoreinformationaboutIntelatnewsroom.intel.comandintel.com.

OtherNews

April14,2021IntelNamesDawnJonesCDIOandVPofSocialImpact

April7,2021MediaAlert:AprilIntelPartnerConnect2021(Virtual)

March30,2021Intel2020SupplierContinuousQualityImprovementAwards

Page 11: Intel Capital Announces $117 Million of New Investments in

IntelandtheIntellogoaretrademarksofIntelCorporationintheUnitedStatesandothercountries.

*Othernamesandbrandsmaybeclaimedasthepropertyofothers.

LatestNews:Corporate

ReadMore

April14,2021IntelNamesDawnJonesCDIOandVPofSocialImpact

April7,2021MediaAlert:AprilIntelPartnerConnect2021(Virtual)

April7,2021LeveragingTechnologytoProvideGlobalPandemicRelief