Qualcomm
Hardware : Information Technology : Industrial Communication
Qualcomm is enabling a world where everyone and everything can be intelligently connected. You interact with products and technologies made possible by Qualcomm every day, including 5G-enabled smartphones that double as pro-level cameras and gaming devices, smarter vehicles and cities, and the technology behind the smart, connected factories that manufactured your latest purchase. Our powerful connectivity solutions keep you connected—even in remote areas. Qualcomm 5G and AI innovations are the power behind the connected intelligent edge. You’ll find our technologies behind and inside the innovations that deliver significant value across multiple industries and to billions of people every day.
Assembly Line
Cavli Wireless secures $10M in Series-A to accelerate global expansion
We are incredibly excited to share that our Series A fundraise for $10 million has been successfully completed. The round was led by Chiratae Ventures, a prominent VC with Investmentssectors such as Consumer-Tech, SaaS, Fintech, and Healthtech along with participation from Qualcomm Ventures, the venture arm of Qualcomm Inc, a global semiconductor major. Another prominent US technology conglomerate also made a significant contribution to this funding round.
“This Series A will enable us to strengthen our position in the global IoT market by expanding our product portfolio, enhancing R&D capabilities, and growing our international presence. Cavli plans to invest in cutting-edge technologies, such as 5G with edge processing capabilities, to address the automotive and industrial sectors globally. With our IoT platform solution Cavli Hubble tightly integrated with our hardware portfolio, we are pretty confident that Silicon to Cloud integration in its true sense is now a reality” said John Mathew, CEO of Cavli Wireless.
Transforming industrial crane system automation at Schneider Electric with 5G
Third Wave Automation Announces Strategic Investment from Qualcomm Ventures and Zebra Technologies
Third Wave Automation (TWA), provider of high-reach autonomous forklifts, today announced a strategic investment by Qualcomm Ventures and Zebra Technologies, bringing total funding to $70 million. The strategic investment will enable TWA to accelerate new innovations as its first product expands its select pilot program. With the funding, TWA plans to expand its market offerings, accelerate new solutions for automating other classes of forklifts, including narrow aisle and counterbalance trucks and integrate with automation solutions, such as Fetch Robotics, which is now part of Zebra Technologies.
Qualcomm updates robotics platform to add 5G connectivity and edge compute power
Qualcomm Technologies announced today the latest version of its robotics platform and AMR reference design to provide advanced robots with 5G connectivity and artificial intelligence at the edge computing power.
The Qualcomm Robotics RB6 Platform and the Qualcomm RB5 AMR Reference Design will support evolving applications for OEMs and robot manufacturers looking to add ground robots to industrial use cases for government service applications, logistics, healthcare, retail, warehousing, agriculture, construction and utilities. The new technology could power delivery robots, automated manufacturing robots, urban air mobility vehicles and industrial drone infrastructure.
Qualcomm Invests $100 million for Snapdragon Metaverse Fund
Qualcomm announced this week its Snapdragon Metaverse Fund, which boasts a total investment of $100 million meant to support both developers and companies actively producing extended reality (XR) ecosystems as well as the augmented reality (AR) and artificial intelligence (AI) technologies designed to advance the XR experience.
CoreTigo Raises $13M Series B Round led by Cardumen Capital and Verizon Ventures
CoreTigo, the industrial wireless connectivity solutions provider, today announced the close of its $13 million Series B financing round, bringing total financing raised to date to $27 million. Strategic investor Verizon Ventures joined CoreTigo’s portfolio of distinguished investors, including Cardumen Capital, which led the round, and existing investors Lenovo Capital, Magma Venture Partners, Meron Capital, Qualcomm Ventures LLC and Sierra Ventures.
FourKites Secures $100M Series D Funding from THL, Qualcomm Ventures, Volvo Group and Zebra Technologies
FourKites, the #1 real-time supply chain visibility platform, today announced a new $100 million Series D financing round. The growth financing is led by Thomas H. Lee Partners, L.P. (“THL”), with participation from Qualcomm Ventures, LLC, Volvo Group Venture Capital AB and Zebra Technologies, as well as existing investors August Capital, CEAS Investments, Hyde Park Angels, Hyde Park Venture Partners and Bain Capital Ventures, bringing total capital raised to over $200 million. The funding heralds the advent of a new era in supply chain management, where automated, interconnected and collaborative global supply chains — spanning transportation, warehouses, stores, trucks and more — are powered and optimized by real-time visibility data and machine learning.