4

Intel Capital

Division of Intel Corporation set up to manage corporate venture capital, global investment, mergers and acquisitions.
Intel Capital
Leadership team

Srini Ananth (Managing Director, North America)

Assaf Araki (Investment Director, Israel)

Jennifer Ard (Managing Director, Head of Investment Operations, North America)

Roi Bar-Kat (Israel Country Manager, Managing Director, Israel)

Avi Bharadwaj (Investment Director, North America)

Number of Employees
50 - 100
Headquarters
Santa Clara, California, United States
Established
1991
Social Media
Summary

Intel Capital is the corporate venture capital arm of Intel Corporation, a multinational technology company. It was founded in 1991 and is headquartered in Santa Clara, California, United States. Intel Capital manages corporate venture capital, global investment, mergers and acquisitions for Intel.

The primary focus of Intel Capital is to make equity investments in technology startups and companies operating in various sectors, including hardware, software, and services. They target companies involved in artificial intelligence, autonomous technology, data centres and cloud computing, 5G technology, next-generation computing, semiconductor manufacturing, and other emerging technologies.

Since its establishment, Intel Capital has invested over $12.5 billion in more than 1,550 companies across 57 countries. They have a global presence with offices in several countries, including the United States, China, Western Europe, and Israel. Intel Capital has played a significant role in supporting the growth of the technology industry by providing funding and resources to innovative startups.

History

Intel Capital is the corporate venture capital arm of Intel Corporation, one of the world's leading technology companies. Established in 1991, Intel Capital has played a significant role in supporting and fostering innovation in the technology industry.

Headquartered in Santa Clara, California, Intel Capital manages corporate venture capital, global investment, mergers, and acquisitions for Intel Corporation. The firm focuses on making equity investments in innovative technology companies worldwide. With a vast portfolio spanning various sectors, Intel Capital seeks to identify and support startups that are developing groundbreaking technologies and solutions.

Over the years, Intel Capital has invested in a diverse range of companies, including those specializing in artificial intelligence, autonomous technology, data centre and cloud infrastructure, 5G connectivity, next-generation computing, cybersecurity, client and gaming technologies, and more. By investing in these emerging sectors, Intel Capital aims to stay at the forefront of technological advancements and contribute to the growth of the overall technology ecosystem.

Intel Capital's investments not only provide financial support but also strategic guidance and access to Intel's extensive network and resources. The firm actively collaborates with its portfolio companies, facilitating business development introductions between startups and the Global 2000, which opens doors for potential partnerships and collaborations.

With a track record spanning over three decades, Intel Capital has made significant investments in numerous successful companies. Many of its portfolio companies have gone public or participated in mergers and acquisitions, solidifying Intel Capital's reputation as a strategic and value-added investor.

The firm is led by a team of experienced professionals who bring extensive expertise and industry knowledge to their investment decisions. Intel Capital's leadership continuously evaluates market trends and emerging technologies to identify promising investment opportunities that align with Intel's strategic goals.

In addition to its investment activities, Intel Capital also actively engages in the technology investment community, participating in industry events, conferences, and summits. These initiatives allow Intel Capital to share insights, foster collaboration, and contribute to the growth of the technology ecosystem.

As a pioneer in corporate venture capital, Intel Capital has been instrumental in driving innovation and supporting the development of cutting-edge technologies. Its investments have had a significant impact on the technology landscape, fostering growth and enabling advancements across various industries.

Investment criteria

Intel Capital follows a strategic approach when it comes to selecting investments. While the specific criteria may vary based on market conditions and evolving technology trends, the following factors generally shape Intel Capital's investment decisions:

  • Technology Focus: Intel Capital targets companies that align with Intel's strategic priorities and areas of expertise. These include artificial intelligence (AI), autonomous technology, data centre and cloud, 5G, next-generation computing, and other technology-based sectors. Investments are typically made in companies that have the potential to advance the overall computing ecosystem.
  • Market Potential: Intel Capital looks for companies operating in large and growing markets. The investment opportunities should demonstrate the potential for disruptive innovation or significant market impact. Companies that address critical industry challenges and have the potential to become market leaders are particularly attractive.
  • Innovative Solutions: Intel Capital seeks companies that offer unique and innovative solutions. This can include breakthrough technologies, differentiated business models, or novel approaches to addressing market needs. Startups with proprietary technology, competitive advantages, and a strong intellectual property portfolio are often favoured.
  • Strong Management Team: The capabilities and experience of the management team play a crucial role in investment decisions. Intel Capital looks for teams with a track record of execution, domain expertise, and a clear vision for their company's growth and market positioning. Collaboration and synergy potential with Intel's resources and ecosystem are also considered.
  • Growth Potential: Intel Capital invests in companies with the potential for significant growth. This can include startups that have already demonstrated market traction, revenue growth, or customer adoption. Scalability, market fit, and the ability to expand into new geographies or industries are factors that contribute to the growth potential of the investment opportunity.
  • Strategic Alignment: Investments that align with Intel's strategic goals and business objectives are prioritized. Intel Capital seeks opportunities that have the potential to create synergies with Intel's existing portfolio companies or complement Intel's product offerings. The aim is to create a mutually beneficial relationship that can drive strategic and operational value.
  • Global Reach: Intel Capital is a global venture capital firm that actively seeks investment opportunities worldwide. The firm looks for companies with global potential and the ability to address international markets. Geographic diversification and the ability to leverage Intel's global presence and resources are considered advantageous.
Values

Intel Capital operates based on a set of core values that guide its actions, investments, and relationships. These values reflect Intel Capital's commitment to innovation, collaboration, and responsible investing:

  • Innovation: Intel Capital values innovation and seeks out companies that are at the forefront of technological advancements. By investing in innovative startups and technologies, Intel Capital aims to support the development of groundbreaking solutions that can transform industries and drive progress.
  • Collaboration: Intel Capital recognizes the power of collaboration and partnership. The firm actively fosters relationships with entrepreneurs, startups, and other stakeholders in the technology ecosystem. Intel Capital seeks to leverage its resources, expertise, and global network to support portfolio companies and facilitate their growth.
  • Responsible Investing: Intel Capital is committed to responsible investing practices. The firm considers environmental, social, and governance (ESG) factors when making investment decisions. Intel Capital aims to invest in companies that demonstrate a commitment to sustainability, ethical business practices, and social responsibility.
  • Long-Term Perspective: Intel Capital takes a long-term view when it comes to investments. The firm seeks to build enduring relationships with portfolio companies and supports their growth throughout various stages of development. Intel Capital aims to be a strategic partner that provides not only financial resources but also industry insights, mentorship, and access to Intel's global ecosystem.
  • Diversity and Inclusion: Intel Capital recognizes the value of diversity and inclusion in driving innovation and business success. The firm is committed to promoting diversity within its own team and actively seeks investments in diverse founders and companies. Intel Capital believes that diverse perspectives and experiences contribute to better decision-making and drive positive outcomes.
  • Global Impact: Intel Capital operates on a global scale and seeks investments that have the potential for global impact. The firm aims to support companies that can address global challenges and drive positive change in various regions and industries. Intel Capital's global reach allows it to leverage its resources and expertise to help portfolio companies expand and succeed in international markets.
Mission

Intel Capital's mission is to be a strategic investor and partner in the technology ecosystem, supporting and accelerating the growth of innovative companies that are shaping the future of technology. The firm aims to identify and invest in promising startups and technologies across a wide range of domains, including cloud, devices, frontier technologies, and silicon.

Intel Capital seeks to drive innovation and push the boundaries of what is possible by investing in companies that are at the forefront of technological advancements. The firm focuses on startups that have the potential to disrupt industries, create new markets, and transform the way businesses operate.

Portfolio

Intel Capital's portfolio consists of a diverse range of companies that are shaping the future of technology and innovation. With a focus on investments in Cloud, Devices, Frontier, and Silicon, Intel Capital supports companies that are driving advancements in key areas of computing. Here is an overview of some of the companies in Intel Capital's portfolio:

Cloud:

MinIO: MinIO offers high-performance, Kubernetes-native object storage for multi-cloud environments.
Anodot: Anodot provides AI-powered analytics and anomaly detection for business data.
Fly.io: Fly.io builds a global edge application platform for developers.
Fortanix: Fortanix specializes in runtime encryption and data privacy solutions.
Immuta: Immuta offers data access and control solutions for privacy and governance.
Lilt: Lilt is a leading AI solution for enterprise translation, leveraging contextual stack technology.
ScienceLogic: ScienceLogic is a leader in IT Operations Management and AIOps, providing actionable insights for modern IT operations.
Tetrate: Tetrate focuses on cloud-native networking and service mesh solutions.
 

Devices:

Metalenz: Metalenz pioneers metasurface optics for imaging and display applications.
Aledia: Aledia is involved in the development of next-generation LED technology for display and lighting.
Everest: Everest develops next-gen technologies for smart wearables and IoT devices.
Orcam: Orcam develops AI-powered wearable devices for the visually impaired.
Overwolf: Overwolf provides an overlay platform that enables developers to create game applications, modifications, or services.
Airy3D: Airy3D focuses on depth sensing and 3D imaging technologies.
 

Frontier:

Fabric8Labs: Fabric8Labs specializes in metal 3D printing technologies.
Exo Imaging: Exo Imaging pioneers a high-performance, handheld ultrasound platform that uses artificial intelligence for imaging.
Joby Aero: Joby Aero is developing an all-electric vertical take-off and landing aircraft (eVTOL) for transportation.
Nexite: Nexite transforms passive products into active digital communicators, enabling retailers to deliver interactive experiences.
VeriSIM Life: VeriSIM Life focuses on computational biology and drug discovery to accelerate the development of new treatments.
CareSyntax: CareSyntax provides digital surgery and patient data management solutions for healthcare facilities.
 

Silicon:

Syntiant: Syntiant specializes in neural decision processors for edge AI applications.
Astera Labs: Astera Labs provides connectivity and data distribution solutions.
Dust Photonics: Dust Photonics offers optical connectivity solutions for data centres.
Pliops: Pliops focuses on storage processors, and optimizing data centre infrastructure.
Ayar Labs: Ayar Labs develops optical interconnect technology for high-speed computing.

References
Intel Capital
Leadership team

Srini Ananth (Managing Director, North America)

Assaf Araki (Investment Director, Israel)

Jennifer Ard (Managing Director, Head of Investment Operations, North America)

Roi Bar-Kat (Israel Country Manager, Managing Director, Israel)

Avi Bharadwaj (Investment Director, North America)

Number of Employees
50 - 100
Headquarters
Santa Clara, California, United States
Established
1991
Social Media