At Intel Capital’s (NASDAQ: INTC) 15th annual Global Summit at the Hyatt Regency in Huntington Beach, the company announced 16 new additions to the its portfolio adding $62 million in investments to the expected $355 million it plans to invest this year. If one were to look at all 16 of these new investments that Intel Capital has made, they are clearly in sectors where Intel believes that it needs to be more involved or grow itself.
The primary sectors that Intel is investing into are in the new devices/wearables space, the wireless space, processor and SoC development and Big Data and analytics. These four areas represent large potential growth areas for Intel as a company, which makes sense because Intel Capital’s role is to help to facilitate technologies that can help the product development and growth of Intel’s dozen or so different business units. Below we’ve listed a few of the most interesting of the 16 companies that Intel Capital has announced as new portfolio companies.
One of the companies that Intel is investing into is called Avegant, which is the maker of the Glyph head mounted display which is supposed to be a personal theater device that allows you to watch movies personally as if you were watching them in your own personal theater. The Glyph has already raised more than $1.5 million from Kickstarter backers, so Intel’s investment clearly indicates that the people at Avegant have a future beyond Kickstarter.
Braigo labs is yet another exciting startup, that Intel Capital is investing in this year. What makes Braigo so interesting is that it was actually founded by at 13 year old using Intel’s Edison computing platform. One of the things Shubham Banerjee, the founder of Braigo, has created is the Braigo v1.0 which is a Lego Braille printer to assist the blind using printing of braille for things on the web that also reduces the price of a Lego minstorm built printer all the way down to $350 which makes it vastly more accessible to education and home use.
Another company that Intel Capital has announced that will become a portfolio company is Eyefluence. Eyefluence is a Reno, Nevada which has their own eye-tracking technology which is designed to follow where a user is looking and to integrate that into any AR or VR headset so that use of wearables becomes easier and more natural.
Intel Capital has also added Screenovate Technologies which is a company that offers mobile solutions to OEMs and manufacturers for productivity, entertainments and education. Its technology enables smartphone and tablet users to wirelessly ‘beam’ their movies, games, presentations and other content to larger usually stationary displays.
PrecisionHawk is a company that takes aerial data gathered from small UAVs a cloud-based platform in order to more effectively deliver actionable information to clients in civilian industries. It is not a competitor to companies that fly UAVs for the military because it focuses on civilian UAV and civilian data gathered from those UAVs. And by integrating cloud data and aggregation of that data, there are powerful things that can be learned by their customers at likely much lower costs than doing land surveys, the old fashioned way.
Prelert is now a portfolio company that says it packages data science into downloadable applications for every day users. But what it really does is to use machine-learning predictive analytics to learn the behavioral patterns of large populations of individuals users devices and resources. This can help a company to predict when it will need to increase their cloud resources on the fly in order to save money and simultaneously deliver the best experience using the cloud.
Last but not least is Ossia, which is the creator of the Cota, a smart antenna technology that allows for wireless power transmission of up to 30 feet without line of sight, something that will certainly excite any mobile user. This technology isn’t like the currently available inductive or magnetic resonant charging systems, but rather a new and unique proprietary standard. The company makes some pretty significant claims about their technology’s capabilities, but it is still in development and Intel’s investment should help them productize it.
In addition to all of these new and exciting companies and technologies, Intel Capital also had some notable people in attendance at this year’s invite-only event with distinguished speakers including the former U.S. Treasury Secretary Lawrence Summers, Stanford President John L. Hennessy, record-setting polar explorer Ben Saunders and former Federal Communications Commission Chairman Reed Hundt.