Intel Capital, Intel's venture arm, is investing approximately $62 million into 16 startups in the wearables, wireless, mobility and computing sectors.
Intel expects to invest around $355 million over the year to incubate startups in emerging technology sectors, according to Arvind Sodhani, president of Intel Capital and Intel executive vice president. In the previous year, Intel Capital invested roughly $333 million in startups.
"Intel Capital invests in the technology continuum that runs from wearables and the Internet of Things to big data analytics -- and everything in between, including silicon, smart devices, PCs, the cloud and data centers," said Sodhani.
The 16 companies to receive angel investments from Intel hail from all over the globe, though many list their headquarters as being in California. Intel Capital doesn't have a geographical bias to where it looks for promising startups, said Sudheer Kuppam, Intel Capital's managing director for Asia-Pacific.
"So if an Australian company does well ... we will go there," said Kuppam. "We typically look all over the world for product innovation."
Intel Capital has invested $62 million in these 16 startups:
AnDAPT, developers of a sensor that promises to minimize and better manage power consumption in enterprise hardware.
Audyssey, a firm that's developing several solutions to help sound devices adjust to the acoustics of their environments.
Avegant, a firm that is developing micromirror displays and built-in audio to deliver a personal theater experience.
Braigo Labs Inc., creators of a Braille printer. The company was founded by 13-year-old Shubham Banerjee.
Eyefluence, creators of an eye-tracking system that interprets eye movement into commands. The technology could improve both control and immersion in augmented and virtual reality devices.
Gigya, a cloud company that creates software that helps vendors identify web and mobile users.
Incoming Media, an in-development service that uses machine learning to serve media to consumers in a seamless stream of content.
Inrix, an organization that uses analytics to combat traffic congestion.
NetSpeed Systems, a firm that delivers a template for system-on-chip processors.
PilotTV, a firm that maintains an advertising network of more than 6,000 digital signs.
PrecisionHawk, a firm that produces cloud-connected drones for various industries.
Prelert, a company that turns analytics reports into applications for average Internet users.
Reno Sub-Systems, a semiconductor firm that offers tech that stitches together integrated circuitry.
Screenovate Technologies, an organization whose primary offering is mobile beaming technology that facilitates the casting of smartphone and tablet content to larger screens.
Stratoscale, a firm that focuses on pushing the evolution of data centers by unifying and maximizing the efficiency of server resources.
Thundersoft, a company that specializes in fast-tracking Android software to stable releases.
