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Qualcomm Ventures

Qualcomm Ventures is the investment arm of Qualcomm Incorporated. Founded in 2000, Qualcomm Ventures is a corporate venture capital fund with 140+ active portfolio companies.[1] Investing in startups targeting the wireless ecosystem, the group focuses on investments in the sectors of automotive, data center and enterprise, digital health, Internet of Things (IoT), and mobile.

Qualcomm Ventures
TypeCorporate venture fund
Founded2000
Headquarters,
Number of locations
7 locations: San Diego, San Francisco, Israel, Europe, China, India, Latin America, Korea
Key people
Quinn Li
(Global Head)
Websitewww.qualcommventures.com

History edit

Qualcomm Ventures has experienced seven portfolio company exits of $1 billion, including 99 (app),[2] Cruise Automation,[3] Fitbit,[4] Invensense, NQ Mobile, and Ring,[5] Waze.[6]

In November, 2018, Qualcomm Ventures announced it has plans to invest up to $100 million in artificial intelligence.[7] It will provide capital to startups building on-device AI, which is AI that runs on the end device, like a smartphone or vehicle, rather than in the cloud.[8]

In June, 2021, Qualcomm Ventures invested into London-based FloLive IoT startup together with Intel Capital, Dell Technologies and other VCs.[9]

In July, 2021, Qualcomm Ventures co-led the Series C funding round of $25 million for the Swedish VR games studio Resolution Games. It has brought the company’s total funding to $38.5 million.[10][11]

In 2021, Qualcomm Ventures took part in a $200M investment into supply chain technology startup Wiliot. [12]

In July 2023, the United States House Select Committee on Strategic Competition between the United States and the Chinese Communist Party initiated an investigation into Qualcomm Ventures and other venture-capital firms' investments in China.[13]

References edit

  1. ^ Freeman, Mike (2020-11-12). "Qualcomm Ventures backs four startups working to advance 5G". San Diego Union-Tribune. Retrieved 2021-07-26.
  2. ^ "Didi confirms it has acquired 99 in Brazil to expand in Latin America". TechCrunch. 2018-01-03.
  3. ^ "GM Buying Self-Driving Tech Startup for More Than $1 Billion". Fortune. 2016-03-11.
  4. ^ "Fitbit is now worth $4.1 billion after IPO". CNN Money. 2015-06-25.
  5. ^ "Amazon is buying smart doorbell maker Ring". TechCrunch. 2018-02-28.
  6. ^ "Google Bought Waze For $1.1B, Giving A Social Data Boost To Its Mapping Business". TechCrunch. 2013-06-11.
  7. ^ "Qualcomm sets up $100 million fund to invest in AI startups". Reuters. 2018-11-28. Retrieved 2021-07-26.
  8. ^ "Qualcomm Ventures is dedicating $100M to AI investments". TechCrunch. Retrieved 2018-11-29.
  9. ^ "FloLive, an IoT startup building cloud-based private 5G networks, raises $15.5M led by Intel". TechCrunch. 30 June 2021. Retrieved 2021-07-26.
  10. ^ Tiefenthaler, Federica (26 July 2021). "Resolution Games' $25M Series C Funding Round". Retrieved 2021-07-26.
  11. ^ "Resolution Games raises $25M on heels of Demeo's success". VentureBeat. 2021-07-14. Retrieved 2021-07-26.
  12. ^ John Koetsier (2021-07-27). "Softbank Leads $200M Investment Into Printable Battery-Free IoT Startup Wiliot". Forbes. Retrieved 2022-07-08.
  13. ^ O’Keeffe, Kate; Jin, Berber (2023-07-19). "U.S. Venture Firms' Deals in China Tech Investigated by Congress Panel". The Wall Street Journal. ISSN 0099-9660. Retrieved 2023-07-19.

External links edit

  • Official website  

qualcomm, ventures, investment, qualcomm, incorporated, founded, 2000, corporate, venture, capital, fund, with, active, portfolio, companies, investing, startups, targeting, wireless, ecosystem, group, focuses, investments, sectors, automotive, data, center, e. Qualcomm Ventures is the investment arm of Qualcomm Incorporated Founded in 2000 Qualcomm Ventures is a corporate venture capital fund with 140 active portfolio companies 1 Investing in startups targeting the wireless ecosystem the group focuses on investments in the sectors of automotive data center and enterprise digital health Internet of Things IoT and mobile Qualcomm VenturesTypeCorporate venture fundFounded2000HeadquartersSan Diego California United StatesNumber of locations7 locations San Diego San Francisco Israel Europe China India Latin America KoreaKey peopleQuinn Li Global Head Websitewww wbr qualcommventures wbr comHistory editQualcomm Ventures has experienced seven portfolio company exits of 1 billion including 99 app 2 Cruise Automation 3 Fitbit 4 Invensense NQ Mobile and Ring 5 Waze 6 In November 2018 Qualcomm Ventures announced it has plans to invest up to 100 million in artificial intelligence 7 It will provide capital to startups building on device AI which is AI that runs on the end device like a smartphone or vehicle rather than in the cloud 8 In June 2021 Qualcomm Ventures invested into London based FloLive IoT startup together with Intel Capital Dell Technologies and other VCs 9 In July 2021 Qualcomm Ventures co led the Series C funding round of 25 million for the Swedish VR games studio Resolution Games It has brought the company s total funding to 38 5 million 10 11 In 2021 Qualcomm Ventures took part in a 200M investment into supply chain technology startup Wiliot 12 In July 2023 the United States House Select Committee on Strategic Competition between the United States and the Chinese Communist Party initiated an investigation into Qualcomm Ventures and other venture capital firms investments in China 13 References edit Freeman Mike 2020 11 12 Qualcomm Ventures backs four startups working to advance 5G San Diego Union Tribune Retrieved 2021 07 26 Didi confirms it has acquired 99 in Brazil to expand in Latin America TechCrunch 2018 01 03 GM Buying Self Driving Tech Startup for More Than 1 Billion Fortune 2016 03 11 Fitbit is now worth 4 1 billion after IPO CNN Money 2015 06 25 Amazon is buying smart doorbell maker Ring TechCrunch 2018 02 28 Google Bought Waze For 1 1B Giving A Social Data Boost To Its Mapping Business TechCrunch 2013 06 11 Qualcomm sets up 100 million fund to invest in AI startups Reuters 2018 11 28 Retrieved 2021 07 26 Qualcomm Ventures is dedicating 100M to AI investments TechCrunch Retrieved 2018 11 29 FloLive an IoT startup building cloud based private 5G networks raises 15 5M led by Intel TechCrunch 30 June 2021 Retrieved 2021 07 26 Tiefenthaler Federica 26 July 2021 Resolution Games 25M Series C Funding Round Retrieved 2021 07 26 Resolution Games raises 25M on heels of Demeo s success VentureBeat 2021 07 14 Retrieved 2021 07 26 John Koetsier 2021 07 27 Softbank Leads 200M Investment Into Printable Battery Free IoT Startup Wiliot Forbes Retrieved 2022 07 08 O Keeffe Kate Jin Berber 2023 07 19 U S Venture Firms Deals in China Tech Investigated by Congress Panel The Wall Street Journal ISSN 0099 9660 Retrieved 2023 07 19 External links editOfficial website nbsp Retrieved from https en wikipedia org w index php title Qualcomm Ventures amp oldid 1177280887, wikipedia, wiki, book, books, library,

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