Intel Capital
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French IoT startup Sigfox nabs €150M Series E, reportedly at €600M valuation
Sigfox, the IoT company based out of France that is building a dedicated, global network to connect, monitor and control devices like smart-home alarms, machinery, refrigerators and city streetlights, today confirmed that it has closed its latest round of funding, a Series E round of €150 million ($160 million). We broke the news of this round in October, noting it was likely to be… Read More
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Intel announces $250 million for autonomous driving tech
When Intel decided to take a crack at its first keynote at an automotive event, it swung for the fences. The company’s CEO, Brian Krzanich, took the stage at the Los Angeles Auto Show‘s Automobility event this morning to announce that Intel Capital would be investing $250 million in autonomous driving over the next two years. Technologies that will benefit from the investment… Read More
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Chronocam secures $15M to power its ‘biological eye’ computer vision system
Not everything in our field of view at any given time is all that interesting; often, it’s only when something consistent changes that our eyes take notice. Paris-based Chronocam is looking to further develop this concept in the computer vision space with its new camera technology being optimized for autonomous vehicles. Today, Chronocam announced that it has picked up $15 million in… Read More
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VR audio startup Dysonics closes Series A led by Intel Capital
If you had the chance to watch the second episode of the new season of Black Mirror, you won’t take much convincing when people tell you how important realistic 3D audio is to immersing you in a virtual reality/mixed reality experience. Dysonics is a startup in the VR audio space looking to build the hardware and software workflows that give VR content creators high-fidelity solutions… Read More
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Thalmic Labs teases new products with $120M raise from Amazon Alexa Fund and more
Waterloo’s Thalmic Labs has raised a new $120 million (U.S.) Series B round from investors including Intel Capital, The Amazon Alexa Fund and Fidelity Investments Canada. The fresh funding will add considerably to the company’s coffers, and should help it with its goal of expanding its product line beyond the original Myo armband it currently offers. Thalmic’s Myo is a… Read More
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Skully has crashed and burned
Last week TechCrunch came to you with the dramatic departure of AR helmet maker Skully’s CEO and co-founder Marcus Weller and now several sources from inside the company tell us the startup is no more. Operations have ceased within the company, and we’re told the website will be turned off at some point today. Weller has also been asked to sign a confidentiality deal with… Read More
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True Fit raises $25 million to find you comfortable shoes
If the shoe fits, keep it! That’s the goal of True Fit, which helps shoe and apparel businesses cut down on e-commerce returns. Read More
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Intel Capital invests additional funding in a buggy smart cup
Remember the time I tried out that Pryme Vessel smart cup to track my water intake and hydration? Remember how the Bluetooth connectivity was terrible, and I had to reset the cup several times a day before I finally gave up with the cup altogether? Well, the company behind that product, Mark One, has raised an additional $4 million from Intel Capital, which first invested in Mark One last… Read More
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MariaDB Raises $9M More, Michael Howard Named New CEO, Monty Widenius CTO
Some more big news for the world of open source. MariaDB Corporation — the startup formerly known as SkySQL and building for-profit solutions on the SQL fork managed by the MariaDB foundation — has raised another $9 million in funding and announced a new CEO, Michael Howard, a veteran executive from the enterprise world. The funding brings the total raised by MariaDB to just over… Read More
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Suddenly Every Company Is Becoming A Venture Capitalist
It has often been said that every company is a software company or even a big data company, but as I attended the Intel Capital Global Summit last week, another thought occurred to me: every company is now also an investment company. The star of the show last week was Intel Capital of course, the venture arm of Intel Corporation, but it’s far from alone. Over dinner strictly by… Read More
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Chargifi Raises $2.7M Led By Intel Capital To Power Wireless Charging Network
Like WiFi before it, could wireless charging be the next value-add for coffee shops and other public venues? One startup banking on that being the case is London-headquartered Chargifi, which is building out a wireless charging network. Read More
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Body Labs Raises $8 Million To Create Ultra-Realistic 3D Body Images
Body Labs, makers of technology that provides true-to-life 3D body models, is announcing the close of an $8 million round of Series A funding led by Intel Capital, with participation from FirstMark Capital, Max-Planck-Innovation GmbH, Osage University Partners, and Catalus Capital. Body Labs technology is able to garner a fully realistic 3D body scan, complete with wrinkles and back fat, that… Read More
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Intel Puts $22M In 10 Startups, With A Stake In FreedomPop To Launch A Rival To Google’s Project Fi
Intel Capital, the venture arm of the tech giant, today announced $22 million in new investments across 10 startups. The news was delivered at the company’s annual global summit, where it also said that it would invest half a billion dollars in total this year. This is both a rise and fall of sorts. As a point of comparison, during the same event last year, Intel announced $67 million… Read More
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Intel Invests $67M Into 8 Chinese Companies, Including Segway Owner Ninebot
Fresh off of a $60 million deal with Shanghai-based drone maker Yuneec, Intel is continuing to ramp up its investment in Chinese tech startups after the U.S. firm revealed that it has pumped $67 million into eight companies in the country. Read More
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Apperian Snares $12M As Mobile Applications Management Catches On
Apperian, a mobile applications management (MAM) firm from Boston, announced a $12 million round today led by Malaysia-based First Floor Capital. Bessemer Venture Partners, Kleiner Perkins Caufield & Byers, North Bridge Venture Partners, Intel Capital and CommonAngels Ventures also participated. Today’s investment brings the total raised to date to just over $39 million dollars. This… Read More
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Intel Capital’s Outgoing Head Honcho On His Career — and What’s Next
Last week, it was reported that after 34 years with Intel Corp., and 10 years as the head of its giant investing arm, Arvind Sodhani is leaving the company in January. Wendell Brooks, who recently joined Intel as president of M&A from Allen & Co., will be replacing him. In corporate venture circles, Sodhani’s imminent departure is big news. We talked with him earlier this… Read More
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As Internal Threats Rise, Investors Back New Security Tech
Amid this steady drumbeat of technology breaches and security snafus, venture capitalists have spent roughly $6.5 billion on new technologies to combat this menace, according to CrunchBase data. The latest company to benefit from this deluge of dollars, and the one that addresses the issue of bad actors inside corporate networks most directly, is HyTrust, which closed on $25 million. Read More
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