$ 300 million for startups: MediaTek Ventures investment fund launched
Hi Geektimes! At MWC 2015, along with the announcements of new chipsets, MediaTek announced the launch of its own MediaTek Ventures venture capital fund . Its capital is $ 300 million, the money will be allocated to finance startups in mainland China, Europe, Japan and North America. The head office of the investment division is located in Taiwan, in Hsinchu. Priority areas for investing MediaTek Ventures are network infrastructure and services, semiconductor technology and the Internet of Things.
The main objective of the venture capital fund is to form ecosystems with partners “ around MediaTek solutions and technologies, including communications, computing, Internet media and analytics .” Meanwhile, the MediaTek website has already opened a section on the new fund. The mission of this enterprise is indicated, including the desire to make people's lives better with the help of technology.
The benefits of MediaTek Ventures are assistance that goes far beyond routine funding. This should be understood as follows: MediaTek specialists are ready around the world to build interaction between startups and their key partners in the field of high technologies, give advice and share experience with novice developers.
MediaTek's initiative is a logical step for a relatively young company that has already become the second largest manufacturer of chipsets for smartphones in the world. For example, Intel Capital was opened in 1991, Qualcomm Ventures - in 2000, these and other funds of the largest IT companies are behind many globally successful projects. There are still few details about MediaTek Ventures, but the second part of the investment strategy and fund development plans will be revealed in the second half of the year.
Our previous publications:
" Russian developers" conquer "MediaTek Labs
" Eight 64-bit cores and LTE: MediaTek MT6753 chipset introduced
" Just5 Blaster: anti-crisis smartphone with far from budgetary stuffing
"MediaTek and Android Wear: «smart" watches have become easier and more affordable
" Review Tablet Alcatel One Touch Hero 8 D820x: 8 cores, metal, LTE, French roots
" Week clock-telephone: I exploited Omate TrueSmart chipset MediaTek
" Smartphones in 2015 of the year: new technologies according to MediaTek
Thank you for your attention!
The benefits of MediaTek Ventures are assistance that goes far beyond routine funding. This should be understood as follows: MediaTek specialists are ready around the world to build interaction between startups and their key partners in the field of high technologies, give advice and share experience with novice developers.
MediaTek's initiative is a logical step for a relatively young company that has already become the second largest manufacturer of chipsets for smartphones in the world. For example, Intel Capital was opened in 1991, Qualcomm Ventures - in 2000, these and other funds of the largest IT companies are behind many globally successful projects. There are still few details about MediaTek Ventures, but the second part of the investment strategy and fund development plans will be revealed in the second half of the year.
Our previous publications:
" Russian developers" conquer "MediaTek Labs
" Eight 64-bit cores and LTE: MediaTek MT6753 chipset introduced
" Just5 Blaster: anti-crisis smartphone with far from budgetary stuffing
"MediaTek and Android Wear: «smart" watches have become easier and more affordable
" Review Tablet Alcatel One Touch Hero 8 D820x: 8 cores, metal, LTE, French roots
" Week clock-telephone: I exploited Omate TrueSmart chipset MediaTek
" Smartphones in 2015 of the year: new technologies according to MediaTek
Thank you for your attention!
