Intel Capital

Corporate

Strategic investment arm of Intel Corporation, investing in technology startups across the computing spectrum.

Profile

Headquarters
Santa Clara, US
Investments
14
Companies
6

Capital

Total Deployed
$1.6B
Lead Rounds
6

Portfolio

6 companies
Scale AI $15.9B
Private San Francisco, US

AI data infrastructure company that provides data labeling, model evaluation, and software to accelerate the development of AI applications for enterprises, government agencies, and AI labs.

Anyscale $260M
Private San Francisco, United States

Anyscale is the company behind Ray, the open-source distributed computing framework originally developed at UC Berkeley. The platform enables developers to scale Python and AI workloads from a laptop to a cluster with minimal code changes, providing managed cloud infrastructure for training, serving, and scaling AI applications.

North $176M
Acquired Kitchener, Canada

Canadian wearable technology company, originally founded as Thalmic Labs. First gained attention with the Myo gesture control armband, which used electromyography sensors to translate arm muscle activity into computer input (named one of Time Magazine's top inventions). Rebranded to North in 2018 and pivoted to Focals, everyday smart glasses with holographic display and Alexa integration. YC W13. Acquired by Google/Alphabet in June 2020 for a reported $180M.

Fly.io $111M
Private Chicago, United States

Fly.io is a developer-focused public cloud platform that runs full-stack applications and databases close to end users using Firecracker micro-VMs. The platform distributes containerized apps to servers across 30+ regions worldwide, providing low-latency performance without the complexity of traditional multi-region deployments.

Presto $102M
Private San Carlos, United States

AI and automation technology provider for the restaurant industry. Originally built tabletop tablets for ordering and payment at sit-down restaurants under the name E la Carte. Pivoted to drive-thru Voice AI for quick-service restaurants. Went public via SPAC in 2022, then went through financial distress and was reborn as Presto Phoenix in 2025.

CoreOS $48M
Acquired San Francisco, US

CoreOS developed Container Linux, a lightweight Linux-based operating system designed for massive server deployments, along with key container infrastructure tools including etcd, rkt, and the Tectonic Kubernetes platform. Founded through Y Combinator (S13), the company built open source infrastructure to enable Google-scale operations for any organization. CoreOS was a founding member of both the Cloud Native Computing Foundation (CNCF) and the Open Container Initiative (OCI). Acquired by Red Hat in January 2018 for $250 million.

Investment data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.