SaaS security leader plans to accelerate growth and extend its market leadership BOSTON, August 22, 2023 – Grip Security, a leader in SaaS identity risk management, today announced it is raising $41 million in Series B funding led by Third Point Ventures, with participation from YL Ventures, Intel Capital and The Syndicate Group. The investment … Continued
With decades of experience accelerating the development and delivery of technology, Intel Capital is uniquely positioned to provide its portfolio companies with the access and expertise of Intel’s top technical talent across its 120K+ global workforce with its Embedded Expert Program (ExP). The ExP is purpose-built for Intel Capital-funded companies and strives to help tackle … Continued
Many countries across the globe are experiencing unprecedented labor shortages. Aging populations, declining birth rates and early retirement trends brought on by the COVID pandemic are exacerbating the problem of scaling the workforce fast enough to meet demand. Manual labor jobs suffer from high levels of absenteeism, turnover and potential for injury. This has especially impacted global supply … Continued
This is a preview of Intel Capital’s Public Sector Edition newsletter. Click here to subscribe. At Intel Capital, we’re inspired to launch this newsletter to help focus the capabilities we, the venture capital arm of Intel, can provide mission-focused stakeholders to achieve better outcomes. The venture ecosystem is a powerful ally to the US Public … Continued
As it stands our healthcare system is organized around a reactive care framework. Practitioners focus on diagnosing, treating, and managing disease with minimal focus on individualized preventative medicine. The results of this approach are clear: the US spends $4.1T in annual health care costs, or roughly 20% of the GDP. Additionally, 6 out of 10 … Continued
Silicon Photonic chips scale access to healthcare Burlington, MA – July 19, 2023 – SiPhox Health, the leader in building the next generation of lab-grade home health testing with silicon photonics, raised $27 million in funding including a $10M Seed financing and a $17M Series A round. The Series A round was led by Intel … Continued
July 17 2023, Sunnyvale, Calif. – Figure, an AI Robotics company building general purpose humanoid robots, today announced a $9 million equity investment made by Intel Capital. This funding from Intel Capital helps strengthen Figure’s balance sheet and will accelerate the development of Figure 01 (the company’s autonomous humanoid robot), build out Figure’s AI data … Continued
It was dubbed “the deal of the decade,” and the industry transformation which followed unquestionably qualified that moniker. In 2009, BlackRock acquired Barclays Global Investors for ~$15B, creating the largest global investment manager with nearly $3T in assets under management (AUM). The crown jewel of the transaction, iShares, was the rapidly growing US ETF franchise … Continued
Indexing technology company addresses growing global demand for rules-based investment solutions July 13th, 2023 – MerQube, a pioneer in technology for next generation index-linked investing, announces USD 22 million raised in Series B funding. The investment round was led by Intel Capital with participation from new investor Allianz Life Ventures, and existing investors Citi, J.P. Morgan, … Continued
Enterprise View of Generative AI Looking back over time, what are the technological discoveries that truly transformed society? You could argue that the Printing Press, Steam Engine, Electric Light, Automobile, Antibiotics, Nuclear Energy, and the Internet would all be on that list. And Generative AI (or “GenAI”) may be the next candidate to be included … Continued