Intel announces investment in 11 'disruptive' startups: Page 3 of 3

May 14, 2020 //By Rich Pell
Intel invests in 11 'disruptive' technology startups
Intel Capital, Intel Corporation’s global investment organization, has announced new investments totaling $132 million in 11 technology startups.
  • data to improve dental decision-making. Retrace empowers health plans, providers, and patients to create a more cost-effective, evidence-based oral healthcare experience.
  • Spectrum Materials (Fujian, China) is a high-purity specialty gas and material supplier for semiconductor fabs. It has one of the largest germane production bases in Quanzhou, Fujian. Led by veteran industry experts, Spectrum Materials is dedicated to providing critical specialty gas and material solutions for advanced process node applications of multiple leading fabs around the world.
  • Xsight Labs (Kiryat Gat, Israel) develops innovative technology for accelerating next generation, cloud-based, data-intensive workloads such as machine learning, data analytics and disaggregated storage. In this data-centric era with exponential bandwidth growth, Xsight provides new chipset designs that enhance scalability, performance and efficiency.

"Intel Capital identifies and invests in disruptive startups that are working to improve the way we work and live," says Wendell Brooks, Intel senior vice president and president of Intel Capital. "Each of our recent investments is pushing the boundaries in areas such as AI, data analytics, autonomous systems, and semiconductor innovation. Intel Capital is excited to work with these companies as we jointly navigate the current world challenges and as we together drive sustainable, long-term growth."

The company says it is on track to invest between $300 million and $500 million in technology companies in 2020, spanning technology domains in artificial intelligence, intelligent edge, and network transformation - technologies it believes will bring broad transformations to industries such as healthcare, automotive, and consumer goods.

Intel Capital

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