Qualcomm Ventures' 5G Ecosystem Fund has backed Azion Technology and Pensando Systems as well as series B rounds for Celona and Cellwize.

Qualcomm Ventures, the corporate venturing arm of mobile semiconductor producer Qualcomm, has disclosed investments in US-based edge computing technology developer Azion Technology and distributed computing system developer Pensando Systems.

The unit has not revealed how much it invested in the companies but provided the cash through the $200m 5G Ecosystem Fund it formed in late 2019, together with contributions to a $30m series B round for Celona and a $32m series B for Cellwize Wireless Technologies.

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.