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Intel Capital makes USD38m of start-up investments

Intel Capital, Intel Corporation’s global investment organisation, is making new investments totalling more than USD38 million in 12 technology start-ups.

The companies joining Intel Capital’s portfolio include IoT solutions for seniors and disabled individuals, advanced audio for 360-degree virtual reality systems, and human-like vision systems for connected cars.
 
“Innovation is exploding as the world transforms into an increasingly smart and connected place, where billions of devices will be made even smarter by intelligence in the cloud,” says Wendell Brooks, Intel senior vice president and president of Intel Capital. “We’re excited to team with these visionary entrepreneurs developing breakthrough technologies to transform lives and industries.”
 
The 17th annual Intel Capital Global Summit is being hosted this week in San Diego.

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