Qualcomm Ventures is the investment arm of
Qualcomm
Qualcomm () is an American multinational corporation headquartered in San Diego, California, and incorporated in Delaware. It creates semiconductors, software, and services related to wireless technology. It owns patents critical to the 5G, 4 ...
Incorporated. Founded in 2000, Qualcomm Ventures is a corporate
venture capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...
fund with 140+ active portfolio companies. Investing in
startups
A startup or start-up is a company or project undertaken by an Entrepreneurship, entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses t ...
targeting the wireless ecosystem, the group focuses on investments in the sectors of automotive, data center and enterprise, digital health,
Internet of Things
The Internet of things (IoT) describes physical objects (or groups of such objects) with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other comm ...
(IoT), and mobile.
History
Investments
Qualcomm Ventures has experienced seven portfolio company exits of $1 billion, including
99 (app)
99, formerly known as 99Taxis, is a vehicle for hire company operating in Brazil. It is owned by DiDi.
History
Launched in 2012 servicing São Paulo, the company has expanded since then to other regions. It was founded by Paulo Veras, Renato Frei ...
,
Cruise Automation
Cruise LLC is an American self-driving car company headquartered in San Francisco, California. Founded in 2013 by Kyle Vogt and Dan Kan, Cruise tests and develops autonomous car technology. The company is a largely-autonomous subsidiary of G ...
,
Fitbit
Fitbit (stylized as fitbit) is an American consumer electronics and fitness company. It produces wireless-enabled wearable technology, physical fitness monitors and activity trackers such as smartwatches, pedometers and monitors for heart rate ...
, Invensense, NQ Mobile, and
Ring
Ring may refer to:
* Ring (jewellery), a round band, usually made of metal, worn as ornamental jewelry
* To make a sound with a bell, and the sound made by a bell
:(hence) to initiate a telephone connection
Arts, entertainment and media Film and ...
,
Waze
Waze (; he, ווייז, label=Hebrew), formerly FreeMap Israel, is a subsidiary company of Google that provides satellite navigation software on smartphones and other computers that support the Global Positioning System (GPS). In addition to ...
.
In November, 2018, Qualcomm Ventures announced it has plans to invest up to $100 million in artificial intelligence. 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.
In June, 2021, Qualcomm Ventures invested into London-based FloLive IoT startup together with Intel Capital, Dell Technologies and other VCs.
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.
In 2021, Qualcomm Ventures took part in a $200M investment into
supply chain
In commerce, a supply chain is a network of facilities that procure raw materials, transform them into intermediate goods and then final products to customers through a distribution system. It refers to the network of organizations, people, acti ...
technology startup
Wiliot
Wiliot is a startup company developing Internet of Things technology for supply-chains and asset management, founded in 2017 and based in Caesarea, Israel, with customer operations in San Diego, US.
Wiliot develops battery-free printable ...
.
References
{{reflist
External links
Official website
Qualcomm
Financial services companies established in 2000
Venture capital firms of the United States