Qualcomm Ventures
Qualcomm Ventures is the investment arm of Qualcomm Incorporated. Founded in 2000, Qualcomm Ventures is a corporate venture capital fund with 140+ active portfolio companies. Investing in startups targeting the wireless ecosystem, the group focuses on investments in the sectors of automotive, data center and enterprise, digital health, Internet of Things, and mobile.History
Investments
Qualcomm Ventures has experienced seven portfolio company exits of $1 billion, including 99, Cruise Automation, Fitbit, Invensense, NQ Mobile, and Ring, Waze.
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.
