UPDATED 22:45 EDT / NOVEMBER 03 2015

NEWS

Intel Capital invests $22m into 10 startups covering comms, IoT, power storage and more

Intel’s venture capital arm Intel Capital has announced it has invested $22 million into 10 startups as part of its push to invest more than $500 million in technology companies this year.

The list of companies, announced at the Intel Capital Global Summit Tuesday, cover a range of startups operating in spaces including new communications, internet of things, power storage and more.

The list of companies includes:

  • FreedomPop, Inc.,  a startup that aims to deliver disruptive mobile services by offering consumers access to free high-speed Internet and mobile phone services nationwide.
  • LISNR, Inc., the creator of Smart Tones, a new communication protocol that is said to send data over audio using a high-frequency, inaudible technology that turns any speaker or piece of media into a beacon, working seamlessly across physical and digital spaces
  • Sckipio Technologies, a G.fast chipset maker that will deliver up to 2 Gbps broadband the last mile to the home over existing copper wiring.
  • what3words Ltd., the company behind an addressing platform that allows people to find and communicate a location more accurately, more easily and with less ambiguity than GPS or postcodes
  • Body Labs, Inc., a startup that collects, digitizes and organizes all of the data and information related to human body shape, pose and motion in a mission to transform the human body into a digital platform upon and around which goods and services can be designed, produced, bought and sold.
  • Microprogram Co. Ltd., an Internet of Things solution and service provider that provides turnkey hardware and software solutions and backend information management services for rental bicycles, taxi fleets, mobile point-of-sale systems and others.
  • Perfant Technology Co. Ltd., a company developing imaging and video technologies for artificial intelligence, machine vision, 3-D reconstruction and virtual reality.
  • Chargifi Ltd., the developer of a wireless charging network using “power as a platform for enhancing people’s everyday experiences.”
  • KMLabs Inc., a manufacturer of compact, high-performance, ultrafast advanced laser systems for research and industrial applications, including multi-photon imaging, spectroscopy, OCT, THz-generation, CEP, micro- machining and attosecond, coherent soft X-Ray and EUV pulse generation.
  • Prieto Battery, Inc. a 3-D advanced battery provider focused on commercializing a patented Lithium-ion battery technology that delivers transformational performance at a competitive cost using non-toxic materials with the ability to customize shapes.
  • Parallel Machines, an early-stage company focused on providing highly optimized environments for advancing predictive analytics and machine learning.

“What sets Intel Capital apart is the way our global network drives innovation across the technology spectrum,” Intel Executive Vice President and outgoing President of Intel Capital Arvind Sodhani said in a statement. “As I prepare to retire after a 35-year career at Intel, I’m proud to say we’ve built Intel Capital into one of the largest, most successful and most influential venture investment groups on the planet.”

“As all of these exciting investments and new products show, Intel Capital is dedicated to seeking out disruptive innovation around the globe and helping the entrepreneurs behind it achieve new heights,” Intel Corporate Vice President and incoming President of Intel Capital Wendell Brooks added. “Leveraging the power of Intel’s worldwide technology footprint is an advantage no other venture investor can offer at such scale.”

The rounds for all the companies announced today have been concluded.

Image credit: djevents/Flickr/CC by 2.0

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