Anthony Lin, CVP and managing partner at Intel Capital, is one of the 100 leading corporate venturing professionals in our 2025 Powerlist.
Anthony Lin joined Intel in 2008, initially serving in M&A roles and supporting international equity investments, before moving to the firm’s CVC arm Intel Capital in 2020.
The unit invests in early-stage startups in cloud, devices, frontier and silicon as the four key domains determining the future of compute.
Since its founding in 1991, Intel Capital has made more than 1,500 investments globally, as well as more than 450 exits, either through IPO or M&A transactions.
“[…]I am incredibly proud of our portfolio companies and the Intel Capital team’s achievements, including realised returns in our portfolio.”
Intel Capital has recently been in the spotlight, with Intel first planning to spin off the unit as part of a widespread corporate restructuring process with Lip-Bu Tan, Intel’s new CEO, later reversing that decision to keep the unit in-house.
Geopolitics, a sluggish IPO market and rising interest rates all combined to make 2024 a challenging year for Intel Capital. “Despite these headwinds, I am incredibly proud of our portfolio companies and the Intel Capital team’s achievements, including realised returns in our portfolio,” says Lin.
One of the standout successes was the IPO of portfolio company Astera Labs, a connectivity provider for data-centric systems, in March 2024. The listing valued Astera Labs at $5.5bn on debut and a year later the company had doubled its market valuation. Intel Capital had initially invested in Astera in 2018. Additionally, Intel Capital had several IPOs from its Asia Pacific portfolio and “a handful of not-yet-announced M&A deals”.
In 2024, Intel also introduced Intel Foundry, with Intel Capital supporting a related initiative called Foundry Innovation Fund, helping AI-focused startups enter the Intel ecosystem.
In the past decade, the CVC has invested in companies such as unified compute platform Anyscale, visual generative AI platform BRIA.ai and human-like 3D model developer Common Sense Machines.
Lin also serves on the board of California-based software company SambaNova Systems. Prior to Intel, Lin worked for 12 years in corporate finance, M&A and private equity roles at Banc of America Securities, ASAT, Merrill Lynch and PaineWebber.
The Global Corporate Venturing Powerlist represents the 100 individuals spearheading the future of the corporate venturing industry.
These individuals excel in terms of their venturing approach and structure, number and quality of portfolio companies and in their contributions to the corporate venturing profession.
