Intel Capital Corporation started off as the investment arm of
Intel
Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and Delaware General Corporation Law, incorporated in Delaware. Intel designs, manufactures, and sells computer compo ...
Corporation in 1991 and in January 2025, it spun off as a standalone investment fund. Intel Capital makes equity investments in a range of
technology startups and companies offering hardware, software, and services targeting artificial intelligence, autonomous technology, data center and cloud,
5G, next-generation compute,
semiconductor manufacturing
Semiconductor device fabrication is the process used to manufacture semiconductor devices, typically integrated circuits (ICs) such as microprocessors, microcontrollers, and memories (such as Random-access memory, RAM and flash memory). It is a ...
and other technologies. The firm has been an active investor in
artificial intelligence
Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of re ...
since 2014. Recent notable investments in artificial intelligence include SambaNova Systems,
Figure AI,
AI21 Labs, Twelve Labs, RunPod, BRIA, Anyscale,
MinIO, Oxide Computer Company, among many others.
History
Established by
Les Vadasz in 1991, Intel Capital (originally named Corporate Business Development) was the first corporate venture capital firm.
It was first created to support the development of Intel's ecosystem through equity investments in strategic companies.
Many of these companies were engaged in the manufacture and development of chips, equipment, and software that fueled the demand for high-end personal computers. Intel Capital now makes investments internationally across
North America
North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South Ameri ...
,
Western Europe
Western Europe is the western region of Europe. The region's extent varies depending on context.
The concept of "the West" appeared in Europe in juxtaposition to "the East" and originally applied to the Western half of the ancient Mediterranean ...
,
Israel
Israel, officially the State of Israel, is a country in West Asia. It Borders of Israel, shares borders with Lebanon to the north, Syria to the north-east, Jordan to the east, Egypt to the south-west, and the Mediterranean Sea to the west. Isr ...
, and
Asia Pacific.
Intel Capital curates thousands of customer introductions each year between its portfolio companies and the Global 2000. With more than US$20 billion invested over three decades, Intel Capital has become the world's largest corporate venture firm dedicated to advancing the future of compute.
In January 2025, Intel announced that it would spin off Intel Capital into a standalone company.
Investments
Notable exited Intel Capital investments include
Red Hat
Red Hat, Inc. (formerly Red Hat Software, Inc.) is an American software company that provides open source software products to enterprises and is a subsidiary of IBM. Founded in 1993, Red Hat has its corporate headquarters in Raleigh, North ...
,
VMware,
MongoDB,
ASML Holding, Spot.io, Astera Labs, BabbleLabs,
Joby Aviation, CloudGenix, Accurics,
Venafi, IMS Nano,
iZettle,
Moovit,
Habana Labs.
References
External links
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{{Intel
Intel
Financial services companies established in 1991
Venture capital firms of the United States