Anthony Lin, managing partner and head at Intel Capital, is one of the 100 leading corporate venturing professionals in our 2024 Powerlist.
US chipmaker Intel was one of the first firms to receive venture capital funding as we know it, when in 1968, businessman Arthur Rock drafted a $2.5m convertible note for the company. Shortly after this funding event, Intel formed its CVC unit, Intel Capital, that is now led by Anthony Lin.
Lin began his role at Intel Capital in 2020, after 12 years at its parent fi rm in roles such as M&A and supporting international equity investments.
Intel Capital invests in early-stage startups in cloud, devices, frontier and silicon, four key domains shaping the future of compute. In 2023, Intel Capital deployed more than $350m into 30 new investments.
“Intel Capital invests in early-stage startups in cloud, devices, frontier and silicon. In 2023, it deployed more than $350m into 30 new investments”
Over the past decade, the unit 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. Non-playable character design tool provider Inworld AI, computer-assisted translation software producer Lilt, enterprise workload management platform SambaNova Systems and AI processor developer Untether AI have also received funding from Intel Capital.
In 2023, Intel Capital added a number of AI companies around the globe into the portfolio, including natural language processing technology developer AI21, generative AI software provider Articul8, business observability platform Asato and AI robotics company FigureAI.
AI-powered ergonomic assessment platform TuMeke, video analysis tool provider Twelve Labs and AI-enabled sensing technology developer MatrixSpace also joined Intel Capital’s portfolio last year.
Earlier this year, Intel launched Intel Foundry, with Intel Capital supporting a related initiative called Foundry Innovation Fund that will help AI-focused startups enter the Intel ecosystem, including portfolio companies SiPhox, Ayar Labs, Movellus and ProteanTecs.
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.
