Intel Capital Announces $117 Million of New Investments in 14 Disruptive Tech Startups at Annual Global Summit

Arizona State University W.P. Carey School of Business Prof. Laura Lindsey (from left) moderates a fireside chat about global tech investing with Peter Tague, IN-Q-TEL executive vice president of International, and Intel Capital President Wendell Brooks to close out the Intel Capital Global Summit on Wednesday, April 3, 2019. The annual event, which runs April 1-3 in Phoenix, is the venture industry’s premier technology networking gathering. (Credit: Intel Corporation)

Arizona State University W.P. Carey School of Business Prof. Laura Lindsey (from left) moderates a fireside chat about global tech investing with Peter Tague, IN-Q-TEL executive vice president of International, and Intel Capital President Wendell Brooks to close out the Intel Capital Global Summit on Wednesday, April 3, 2019. The annual event, which runs April 1-3 in Phoenix, is the venture industry’s premier technology networking gathering. (Credit: Intel Corporation)

NEWS HIGHLIGHTS
- At Intel Capital Global Summit this week, more than 600 entrepreneurs, venture capitalists and tech industry leaders are gathered to shape the future of technology.
- Today’s funding news sets a record for investments announced at the Global Summit, now in its 19th year, and further demonstrates Intel’s commitment to building the future.
- Speakers at the annual event include the CEOs of Intel and Cadence Design Systems; co-founders of Pinterest and Red Hat; former heads of NORAD and FCC.

PHOENIX, April 1, 2019 Intel Capital, Intel Corporation’s global investment organization, announced today at the Intel Capital Global Summit new investments totaling $117 million in 14 disruptive technology startups.

The 14 companies joining Intel Capital’s portfolio are creating powerful artificial intelligence (AI) platforms; new ways to see and analyze materials for the built world and our bodies; more efficient and greener manufacturing technologies; and disruptive new approaches to chip design.

“Intel has driven disruption for the last 50 years, changing the way we live by making compute ubiquitous. Intel Capital is continuing that legacy of disruption with these investments,” said Wendell Brooks, Intel senior vice president and president of Intel Capital. “These companies are shifting the way we think about artificial intelligence, communications, manufacturing and health care – areas that will become increasingly essential in coming years as the linchpins of a smarter, more connected society.” More...