Intel Capital has announced new investments totalling US$117 million in 14 technology startups, including Zhuhai EEasy Technology Co, according to an official release and reported by DealStreetAsia.
EEasy Technology Co. Ltd is an AI system-on-chip (SoC) design house and total solution provider. Its offerings include AI acceleration; image and graphic processing; video encoding and decoding; and mixed-signal ULSI design capabilities.
Each year, Intel Capital puts US$300 million to US$500 million into innovative companies across a wide range of emerging technologies.
Another Chinese company, Shanghai-based Cloudpick Limited, a smart retail technology provider, also won this year’s Intel funding. The 12 remaining startups are mostly from the US, with one from Israel, and represent communications, healthcare and manufacturing sectors.