recently announced new investments in 14 disruptive technology startups, totalling US$117m.
According to Intel, the 14 companies receiving investments are creating powerful artificial intelligence (AI) platforms. The companies joining it鈥檚 portfolio are generating new ways to see and analyse materials for the built world and our bodies, creating more efficient and greener manufacturing technologies, and producing disruptive new approaches to chip design.
鈥淚ntel 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,鈥� said Wendell Brooks, Intel senior vice president and president of Intel Capital. 鈥淭hese companies are shifting the way we think about artificial intelligence, communications, manufacturing and health care 鈥� areas that will become increasingly essential in coming years as the lynchpins of a smarter, more connected society.鈥�
These investments continue Intel Capital鈥檚 recent strategy of taking larger, more strategic positions in portfolio startups. Intel Capital puts from US$300m to $500m into innovative companies each year across a wide range of emerging technologies.
鈥淥ur continued goal is to leverage the global resources and expertise of the world鈥檚 greatest engineering company, and its ecosystem of customers and partners, to help these founders accelerate growth and innovation,鈥� Brooks said.
One of the startups receiving investment is Polystream, based in Guildford. This deep-tech startup is fundamentally changing how video games and demanding 3D applications are delivered via the cloud. Polystream鈥檚 Software Defined Imaging technology give truly global reach to interactive graphics content streamed at unprecedented scale.
Other companies joining the portfolio include; Cloudpick Limited (Shanghai, China); SambaNova Systems (Palo Alto, US); Untether AI (Toronto, Canada); Zhuhai EEasy Technology Co. Ltd. (Zhuhai, China); Mighty Networks (Palo Alto, US); Pixeom (Santa Clara, US); Tibit Communications (Petaluma, US); Medical Informatics Corp. (Houston, US); Reveal Biosciences, Inc. (San Diego, US); Landing AI (Palo Alto, US); OnScale (Cupertino, US); proteanTecs (Haifa, Israel) and Qolibri, Inc. (Roseville, US).
