Waltop, maker of stylus technology for writing on digital devices, receives funding from Intel Capital amid recognition of growing demand for mobile-related technologies.

Waltop, a US-based electromagnetic (EM) technology company which provides writing and drawing functionality for digital devices, has received an investment from Intel Capital, the corporate venturing and strategic investment unit of semiconductor chip maker Intel.

The funds will be used to expand Waltop’s research and development regarding pen-input capabilities, as well as to help it grow market share for its stylus solutions among mobile device makers.

Sudheer Kuppam, managing director, Asia Pacific region, Intel Capital, said: “Mobile technology innovation is…