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 Asia ( , ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which ...

. 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 MongoDB is a source-available, cross-platform, document-oriented database program. Classified as a NoSQL database product, MongoDB uses JSON-like documents with optional database schema, schemas. Released in February 2009 by 10gen (now MongoDB ...

ASML Holding ASML Holding N.V. (commonly shortened to ASML, originally standing for Advanced Semiconductor Materials Lithography) is a Netherlands, Dutch multinational corporation that specializes in the development and manufacturing of photolithography mach ...

, Spot.io, Astera Labs, BabbleLabs,

Joby Aviation Joby Aviation is a United States venture-backed aviation company, developing an electric vertical takeoff and landing (eVTOL) aircraft that it intends to operate as an air taxi service. Joby Aviation is headquartered in Santa Cruz, California, ...

, CloudGenix, Accurics, Venafi, IMS Nano, iZettle,

Moovit Moovit () is an Israel-based mobility as a service provider and journey planner app. It is owned by Mobileye and was acquired by Intel in 2020 until Mobileye's IPO in 2022. Moovit uses both crowdsourced and official public transit data to provi ...

, Habana Labs.

References

External links

* {{Intel Intel Financial services companies established in 1991 Venture capital firms of the United States