Intel Capital

The Intel Capital Program, which Intel launched in the early 1990s, initially focused on computer and semiconductor technology, now extends to a variety of industries. Intel Capital invests in companies in hardware, software, and services across multiple market segments, including data processing, networking, and wireless.

The Intel Capital Program provides for the acquisition of such companies, whose activities may contribute to Intel's entry into new market segments or the strengthening of Intel's existing business.

Although investments are primarily based on the strategic interests of the corporation, the Intel Capital program also provides for financial returns. At the same time, Intel assumes that if a particular enterprise sets itself a strategic goal of developing computing and communication platforms, then this most likely determines the financial success of such an enterprise. Conversely, if an enterprise fails to expand a particular market segment, it does not contribute to Intel's strategic goals. The specific financial results of the investment under the Intel Capital program were not disclosed, but it is known that over the decade of its existence, this program has made Intel billions of dollars.

The funds invested under the program are relatively small amounts - usually less than $10 million for each investment. At the same time, Intel usually acquires small (minority) shares in companies, and not controlling stakes. Investments are made in private and, in some cases, public companies.

Performance indicators

2023: Investing $9m in Figure

On July 17, 2023, Figure, a startup specializing in the development of humanoid robots, announced an investment of $9 million from Intel Capital, an investment division of Intel Corporation. Read more here.

2021: Investing in big data analytics technology developer Katana Graph

At the end of February 2021, the startup Katana Graph, which helps enterprises analyze unstructured data and manage it on any scale, raised $28.5 million in the Series A round. The investment round was led by Intel Capital, which was also attended by WRVI Capital, Nepenthe Capital, Dell Technologies Capital and Vladimir Yevtushenkov's fund Redline Capital. Read more here.

2017: $1 billion investment in AI startups

In September 2017, Intel named the amount of its investment in startups engaged in artificial intelligence (AI) technologies. The American processor giant is developing business in this market largely through acquisitions.

According to Intel, the corporation's investments in novice AI developers exceeded $1 billion. The recipients of the investment, among other things, were startups Mighty AI, Data Robot and Lumiata.

Intel invested $1 billion in startups developing artificial intelligence

Intel makes strategic investments that cover technology, research and development, as well as partnerships with business, government, academia and community groups, says Intel CEO Brian Krzanich . "I believe Intel will be the preferred AI platform for unparalleled reliability, performance, security , and integration.

As the publication notes, ZDNet Intel sees great potential in artificial intelligence, so it focuses on it using a takeover strategy and corporate restructuring. Previously, AI-related companies such as Altera Nervana Systems and Movidius were acquired.

In addition, Intel created a separate AI structure led by former Nervana CEO Naveen Rao, and also formed a research and development laboratory for the corresponding technologies.

In September 2017, Intel announced a collaboration with a technology developer for. self-driving cars Waymo Systems that allow vehicles to drive on their own are known to be built using artificial intelligence. Together, the companies will create increasingly advanced autopilots.

In August 2017, Intel announced the creation of a single cloud system that allows robot cars to interact with each other and store their data.^[1]

2014

In November 2014, during the Intel Capital Global Summit, Intel Capital, a global investment organization of Intel Corporation, announced an investment in 16 technology companies. The total investment in support of a wide range of innovative technologies will be about $62 million.

"Intel Capital is investing in a continuum of technology from wearables and IoT to big data analytics, including silicon, smart devices, PC technology, cloud solutions and data center technology," said Arvind Sodhani, Intel Capital President and Intel Executive Vice President

New Devices/Wearable Computing Systems

Avegant * (Ann Arbor, MI, USA) is developing a new generation of wearable devices and offering Glyph *, a premium mobile personal cinema with built-in audio based on micro-mirror technology. This year, as part of the Kickstarter * campaign, the Glyph * project received more than $1 million.

Braigo Labs Inc.* (Palo Alto, CA, USA), founded by 13-year-old schoolboy Shubham Banerjee, the company offers science and technology services created using innovative technologies. The company's products include Braigo v1.0 *, a braille printer for the blind based on the Lego * designer, which is offered at a price of $350 (instead of the typical $2000 price for such devices) for educational, educational activities and home use.

Eyefluence * (Reno, NV, USA) develops advanced, energy-efficient eye tracking technologies that, combined with the iUi * interaction model, can be built into any augmented reality solution or virtual reality (HMD) helmets to create a natural and intuitive device tracking and control mechanism.

Mobile/Wireless

AnDAPT * (Santa Clara, CA, USA) offers a new adaptive analog platform technology to create a multifunctional hub based on various sensors and power management of integrated systems. This affordable enterprise customer solution is both energy efficient, smart, easy to integrate and reliable.

Audyssey * (Los Angeles, USA) is an industry leader in science-intensive audio technologies that correct acoustic imperfections, improving the quality of sound playback from any device in any environment. The company's developments are used in mobile applications and devices, TVs, cars, PCs and home theater systems from leading industry manufacturers.

Incoming Media * (Santa Clara, CA, Australia USA and Sydney) is developing a mobile video platform that uses predictive analytics and smart technology to pre-load video content onto mobile devices before viewing. The proposed solutions allow you to analyze the behavior of the user of a mobile device when watching video and create a personalized mode for playing video content without interruptions.

INRIX * (Kirkland, Washington, USA) uses big data analysis technologies and analytical forecasting technologies to help car manufacturers, service car parks, government organizations and news agencies reduce costs and the negative impact of their vehicles on the environment.

Screenovate Technologies * (Israel) offers mobile entertainment, work, and training solutions. For example, one of the company's technologies allows users smartphones and tablets to transfer movies, games, presentations and other content from their mobile devices to TVs and other large screens.

Thundersoft * (China and Taiwan) is a provider of mobile OS technologies and solutions that accelerate product development by providing leading technology and services for smartphones and tablets running Android*. [Investment support is determined by the final terms of the agreement.]

Microprocessor development

NetSpeed Systems * (Mountain View, CA, USA) offers a single-chip design platform and state-of-the-art hardware networking solutions that dramatically accelerate the design of smaller, more energy efficient single-chip systems.

Reno Sub-systems * (Canada) develops and manufactures control subsystems for third-party semiconductor component production systems, including vacuum chambers for deposition and etching of specialized compounds used in the manufacture of the most advanced integrated circuits.

Big Data Analytics

Gigya * (San Francisco, USA) offers a cloud-based customer information management platform that helps companies expand their customer base with Internet and mobile users.

PilotTV * (Taiwan) is a digital signage network operator that designs, installs, and manages digital information systems in retail stores. The chain includes more than 6,000 screens installed in stores, fast food chains, pharmacies and public stations transport.

PrecisionHawk * (Raleigh, North Carolina, USA) is an information resource company using small unmanned aerial vehicles and cloud software for data collection, processing and analysis. This solution provides significant information for practical use in the civil industry.

Prelert * (Framingham, MA, USA) creates applications based on data processing and analysis systems for everyday use. The company uses predictive analytics technologies based on computer training to study models of user behavior, devices, etc.

Stratoscale * (Israel) is developing new technologies to create next-generation data centers. It creates a software infrastructure for scalable computing, a technology that enables customers to leverage all available computing resources and integrates computing and storage within the data center.

In addition, Intel Capital announced that Ossia * (Redmond, Washington, USA) was also included in the fund's portfolio companies. Cota *, the company's cutting-edge development, is changing perceptions of power transmission at a distance, delivering secure and targeted power transmission to multiple devices simultaneously up to 9 meters away, regardless of whether each device is in line of sight, stationary, or moving.

2013

Since 1991, Intel Capital has invested over $11 billion in more than 1,339 companies in 54 countries. During this period, 206 of them went public, 344 were acquired or went through the merger procedure.

• 146 investments, including 63 new and 83 additional investments.
• $333 million was invested, including $245 million in new investments.
• The assets of 33 companies were withdrawn: 6 companies completed the IPO procedure, the other 27 were acquired or went through the merger procedure.
• 49% of investments outside the United States:
• 21% - Asia Pacific
• 4% - China
• 17% - Western Europe and Israel
• 5% - Middle East, Central and Eastern Europe, Russia
• 2% - Latin America
• 51% - North America

2012:150 investments worth $352 million

• 150 investments, including 64 new ones.
• $352 million was invested worldwide.
• 57% of investments outside the United States.
  • 17% - Asia Pacific
  • 7% - China
  • 17% - Western Europe and Israel
  • 10% - Middle East, Central and Eastern Europe, Russia
  • 6% - Latin America
  • 43% - North America

2011

From 1991 to June 2011, the fund invested $10 billion in more than 1,140 companies from 49 countries.

2010:119 deals for $327 million

In 2010, Intel Capital invested $327 million in 119 transactions, of which about 44% of the funds were received by companies outside the United States and Canada.

2002:100 $200 million deals

In 2002, Intel Capital was the most active investor in information technology companies in the United States, according to data analytics firm VentureWire. In 2002, the Intel Capital program made investments in more than 100 companies worldwide, and the total investment exceeded $200 million.

Intel Capital's investment portfolio, valued at approximately $1.1 billion as of December 31, 2002. The United States includes over 475 companies around the globe working in the field of information technology and related industries.

Investment categories

Investment under the Intel Capital program goes in four main areas:

• Ecosystem formation. One of the areas of the Intel Capital program is investments in companies related to the development of technologies that are focused on the development and manufacture of finished products using Intel products. These products not only complement Intel's own products, but also drive demand for them. For example, the Intel 64 Foundation is investing in enterprise software companies to accelerate the adoption of solutions optimized for the Intel® Itanium® processor family. An example of investments in such development enterprises is investments in Authentica or the RiskMetrics group of companies.

• Market development. Another area of ​ ​ investment under the Intel Capital program is designed to accelerate the use of information technology in emerging markets. Such investments often involve companies engaged in localizing content or services provided via the Internet, or improving or optimizing the Internet infrastructure in a given region. Examples include investments in companies such as the Latin American Star Media Network, the Chinese Sohu.com or the Polish Wirtualna Polska.

• Solving problems that impede development. The investees in this area are technology providers that Intel needs to market or manufacture its own products. For example, the Intel Capital program provides investments in the development of semiconductor equipment suppliers and developers of next-generation production technologies. Accelerating the pace of these developments is driving Intel's transition to new generation production technologies every two to three years. An example of an object of this kind of investment is Neocera.

• Investment in the future. Small investments under the Intel Capital program can be made in companies related to the development of the latest technologies that are not necessarily related to the current activities of the corporation and the development of which can bring the desired result in three to five years. We are talking, in particular, about microelectromechanical systems, nanotechnology and robotics. An example of an object of such an investment is Iridigm Display Corporation.

Foreign investments

The volume of investments in the development of foreign enterprises has increased sharply in recent years. Accounting for less than 5% of all investments under the Intel Capital program in 1998, the share of such investments grew to about 40% in 2002. North American countries account for 38% of total investment, Asia-Pacific (including Japan) - 48%, European countries and Israel - 11%, Latin American countries - 3%.

Intel Capital investments are located in more than 25 countries across five continents. The main recipients of funds are firms engaged in providing information content or providing services via the Internet using local languages, or improving or optimizing the Internet infrastructure in this region. This kind of investment allows Intel to meet the ever-changing needs of users of computer and communications tools in line with information technology trends in many countries and regions.

Since the beginning of the Intel Capital program, the total foreign investment has exceeded $4 billion. The United States, covering over 1,000 companies worldwide. In the Asia-Pacific region, investments in more than 100 companies exceeded $500 million, in Europe and Israel - over $500 million in more than a hundred companies, in Japan - over $100 million in about 20 companies, in Latin America - over $50 million in more than 10 companies, in North America - over $3 billion in more than 750 companies.

Intel Capital has invested in businesses located in more than 25 countries on five continents (Argentina, Australia Belgium,,, Brazil Great Britain Hungary,,,, Germany Denmark India Canada, Korea China, Costa Rica, Malaysia, Mexico, United Arab Emirates, Poland, Portugal, Singapore, USA, Taiwan,,,, Chile Finland France,,,. Czech Republic Switzerland Sweden Japan

Investment funds

In 1999, two specialized funds were established that are focused on investing in the development of specific technologies that play a critical role in Intel's activities.

• The $500 million Intel Communications Fund, funded unilaterally by Intel, focuses on accelerating the development of Intel's voice and data facilities and wireless network equipment initiatives. The investment of the Intel Communications Fund includes over 80 enterprises located in 17 countries on five continents.

• The $253 million Intel 64 Investment Fund is formed by Intel and other corporate investors to accelerate the development of solutions focused on the Intel® Itanium® processor family. The Intel 64 Foundation is attended by computer equipment manufacturers and information technology developers. The fund's investment portfolio includes over 40 companies.

Investments in Russia

The fund's work in Russia began in 2003 with an investment in the Internet company Ru-Net/Yandex. Until July 2013, Intel Capital invested in 15 companies in the CIS.

• Ru-Net/Yandex
• AlterGeo, a Russian social network with support for the principle of geo-location;
• DeNovo, a data center and provider of cloud solutions for the corporate sector in Ukraine;
• Eruditor (total volume of attracted investments - $4 million), based To Moscow in the provider of services for organizing e-commerce sites connecting companies of medium and small businesses and private specialists with potential customers;
• Sapato, an electronic footwear retail store later acquired by Ozon, the largest e-commerce company on the Russian market. Intel Capital still has an investment investment in Ozon;
• Rock Flow Dynamics (total investment - $2 million), developer of high-performance software for dynamic modeling of underground hydrocarbon deposits.

Intel Capital also participated in an investment round with a total investment of $45 million in KupiVIP Holding, one of the largest electronic fashion and accessories stores in Russia, and also invested in Speaktoit, a natural language processing company.

2011: $20m in Sapato.ru and Altergeo

In June 2011, it became known that the investment fund Intel Capital and a number of other investors invested over $20 million in Russian companies: the online shoe store Sapato.ru and the developer of the geolocation service Altergeo.

The first of them received about $12 million. In addition to Intel, which accounted for the bulk of the investment, the company also invested previous investors in the project - Direct Group, eVenture Capital Partners, Kinnevik. The total amount of funds received by the Sapato.ru following the results of the first round of investments amounted to $20 million. The company plans to use the funds raised to develop the client service and marketing promotion.

According to Intel CEO EMEA Christian Morales, Sapato.ru was his company's first experience in Russian e-commerce. "Online commerce is a fast-growing sector of internet services in the country, and the opportunity to participate in it is an attractive prospect," Morales said.

Altergeo developers received about $10 million from investors. The bulk of these funds in the project were invested by the funds of Intel Capital and Almaz Capital. Entrepreneur-investor Esther Dyson also became a co-investor. Earlier, the fund also already received investments - about $50 thousand from the AddVenture Business Angel Fund and about $1 million from the Kite Ventures Fund.

As noted in Intel Capital, the funds raised during the second round of investments will be invested by Altergeo in increasing the audience and developing new services for users. Intel Capital notes that the segment of geosocial services is now one of the fastest growing in the world.

2013

As of July 2013, Marcin Hejka, Managing Director of Intel Capital in Eastern Europe, the Middle East, Africa, Russia and the CIS. Working in Russia and the CIS, the Moscow team of Intel Capital is headed by investment directors Igor Taber and Maxim Krasnykh.