Today's Hard|Forum Post
Today's Hard|Forum Post

Wednesday November 04, 2015

Intel Capital Nears Half Billion Dollars in 2015 Investment

Intel Capital, Intel Corporation's global investment and M&A organization, announced today at the Intel Capital Global Summit new investments totaling more than $22 million in 10 startups. From disruptive, new wireless charging solutions (Chargifi*) to powerful new ways to digitally model the human body (Body Labs*) and more, the companies joining Intel Capital's portfolio are trailblazing disruptive innovation across a wide range of technologies.

"With today's announcement, we're on track to invest more than $500 million in startups in 2015," said Wendell Brooks, Intel corporate vice president and incoming president of Intel Capital. "Together with another robust group of exits, we're poised for one of the organization's strongest years ever." Today's announcement was made as the annual Intel Capital Global Summit kicked off in San Diego. Now in its 16th year, the venture capital industry's premier networking event hosts more than 1,000 founders, CEOs, innovators and change-makers for two days of company building, networking, learning and inspiration.