Intel Invests in Foreign Startups

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Intel Corporation has just announced it’s investing $22 million in startups from China, Israel, the UK, US and Taiwan. This development will over companies that are somewhat more established than the ones the company announced investment in this past September.

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Among the companies is FreedomPop, a wireless voice and data service that makes profit from voicemail and extra data allowances. Otherwise it is free. LISNR is also on the list, a software that turns speakers and other media into beacons, as well as Sckipio, a G.fast chipset provider for G.fast modems. It also invested in an addressing platform called what3words, which claims to be more accurate than GPS, and Body Labs, a service that stores data and information related to the user’s shape, poise and motion. The company also put its stake on an Internet of Things Startup called Microprogram Information, which gives users turnkey hardware and software solutions as well as backend information management services for rental bikes, taxi fleets and mobile point of sale systems.

Among the remaining four s Perfant Technology, a Chinese startup that develops video technology and imaging for artificial intelligence, 3D reconstruction, virtual reality and machine vision. Intel also invested in Chargifi, a wireless charging network through Chargifi spots in public locations and KMLabs that makes laser systems for research and industrial applications. Lastly, Intel invested in Prieto Battery, a 3D battery provider that uses non-toxic material to commercialize their own patented Lithium-ion battery technology

With all of these investments, it is obvious that Intel is looking to get ahead in the startup game, which has become increasingly larger and more competitive. Startups are all around the internet especially since crowd-funding has become so widespread and easy to do, and it looks like Intel is very literally making is stake on these promising companies and their promising services.