Rajesh Swaminathan, head of Applied Ventures, spoke to GCV about his unit increasing its investment as it prepares to bring its New York engineering services facility online.
Applied Ventures, semiconductor technology producer Applied Materials’ corporate venturing arm, is scaling up its investments as new technologies lead to more routes for strategic deals, the unit’s head, Rajesh Swaminathan, told Global Corporate Venturing.
“We started out doing six investments a year,” Swaminathan said. “Last year we did 11. The pipeline is widening, the inflections are widening; are we deploying more capital or are we constrained by what we have? Historically, we have a $2m to $3m-size cheque as a…
