Qualcomm Ventures
Qualcomm Ventures (QCV) was formed and began funding in 2000, with a $500-million fund commitment to make strategic investments in early-stage high-technology ventures. Since then, QCV has funded numerous companies in the wireless sector, and set up several exclusive regional funds to spur development in key strategic markets, including a $60-million fund in Korea, a $30-million fund in Japan, a $100-million fund in China and a €100-million fund in Europe.
QCV makes strategic investments in wireless-industry ventures that provide both a strong potential return on investment (ROI) and complement existing Qualcomm products and services. When selecting portfolio companies, QCV seeks a balance between ROI and long-range strategic value to the company and the wireless industry.
Venture success often hinges equally on smart investment and leadership strategies, and the ability of the fund to provide critical connections for young companies. QCV's strong relationships with leading cellular operators, applications developers and OEMs provide unique support for the companies in its portfolio. Combined with QCV's established connections in the VC community and access to wireless technology experts, these relationships provide the foundation for success, growth, and an appropriate exit strategy for portfolio companies.