Intel has announced its intention to spin-off Intel Capital, the corporate venture arm, into an independent fund. This move is expected to promote higher autonomy while attracting external capital. Operation as a distinct entity is anticipated to commence from the latter half of 2025, leading to a rebranding of Intel Capital.
The established team at Intel Capital is set to transition to this new fund, while ensuring seamless continuation of operations during the change. Co-CEO and CFO of Intel, David Zisner, voiced that this separation presents a mutually beneficial scenario as it grants the fund access to new capital sources, thereby expanding its franchise, as well as sustains strategic partnership benefits for both entities.
Intel Capital was founded in 1991 with an aim to facilitate the development of the Intel ecosystem through equity investments. Over three decades, it has invested over $20 billion across over 1,800 companies in markets such as North America, Western Europe, Israel, and the Asia Pacific.
The decision to make Intel Capital an independent entity follows last month’s CEO change, with Zisner and Michelle Johnston Holthaus appointed as interim co-CEOs. Amidst operational streamlining and cost reductions, this step aligns with Intel’s broader strategy to capitalize on its assets while enhancing focus and efficiency across its operations.
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