The fund, a joint venture for Intel’s corporate venturing unit and its Intel Foundry Services subsidiary, will seek out startups developing novel semiconductor technologies.
US-based chipmaker Intel’s corporate venturing arm, Intel Capital, launched a $1bn investment vehicle with its semiconductor fabrication business, Intel Foundry Services (IFS), yesterday to foster an innovation ecosystem surrounding fab technology. The fund will back early-stage developers of foundry-related technologies with the potential to help reduce the time to market for IFS’s customers, covering areas…
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