Qualcomm Ventures

Qualcomm Ventures, established in 2000, is the investment arm of Qualcomm Incorporated. Based in San Diego, California, it is a global corporate venture capital fund that invests in early-stage technology companies. With over $500 million initially committed and subsequent regional funds totaling over $300 million, Qualcomm Ventures focuses on sectors such as artificial intelligence, automotive, cloud, enterprise, internet of things, mobile, and extended reality. It seeks to generate strong returns while complementing Qualcomm's existing products and services, and often invests between $500,000 and $10 million at the expansion stage. Notable portfolio companies include 99 Taxis, Cruise Automation, and Fitbit.

Sachin Deshpande

Senior Director

Michel Glezer

Investment Director

Tushar Gupta

Managing Director, North America

Judd Heape

Vice President of Product Management

Carlos Kokron

Vice President and Managing Director of North America

Quinn Li

Senior Vice President and Global Head

Song Mao

Senior Investment Director

Akash Palkhiwala

CFO

Boaz Peer

Managing Director, Israel and Europe

Richard Tapalaga

Investment Director

Merav Weinryb

Vice President and Managing Director, Israel and Europe

Nan Zhou

Director

Nakul Duggal

Senior Vice President and General Manager, Automotive

Past deals in Augmented Reality

Lumenuity

Seed Round in 2024
Lumenuity is a company focused on developing high-performance optics for smartphones, augmented reality, and other mobile systems. The firm specializes in hard-science optics, creating innovative camera lenses that enhance optical performance while maintaining compact sizes. Their products include an ultra zoom and telephoto lens designed for easy installation in mobile devices, complemented by sophisticated software calibration. This technology allows users to achieve DSLR-like image quality without the need for additional accessories, revolutionizing the mobile photography experience.

echo3D

Venture Round in 2022
echo3D is a cloud-based platform that specializes in 3D asset management, allowing developers and companies to store, secure, and share 3D content in real-time. Established in 2018 and headquartered in New York, the platform provides a comprehensive suite of tools, including a content management system (CMS), a content delivery network (CDN), and asset compression and conversion tools. These features enable users to efficiently manage and stream 3D applications and content across various platforms. By offering a scalable backend infrastructure, echo3D facilitates collaboration among developers and organizations, streamlining the process of building and deploying augmented reality (AR) and virtual reality (VR) applications.

Tripp

Series A in 2022
Tripp Inc. is a company focused on developing a digital psychedelic wellness platform that utilizes virtual and augmented reality to enhance emotional well-being. Founded in 2016 and headquartered in Los Angeles, California, with a satellite office in Chicago, the company creates immersive experiences that combine audio, visual elements, and gameplay mechanics to promote mindfulness and transformation. Tripp’s offerings are informed by scientific research indicating that interactive digital experiences can positively influence brain function. Through its platform, the company delivers wellness solutions designed to help users manage their emotions, reduce stress and anxiety, and achieve a state of calm and focus.

Clay AIR, acq. by Qualcomm

Acquisition in 2021
Clay AIR is now part of Qualcomm. Hand tracking is essential to enable intuitive and interactive experiences in XR, for users and developers. Together, we continue to create the future of interactions and power the spaces for a new generation of XR.

Wikitude

Acquisition in 2021
Wikitude GmbH specializes in augmented reality (AR) technology for smartphones, tablets, and digital eyewear. Founded in 2008 and based in Salzburg, Austria, with additional offices in Korneuburg and San Francisco, the company provides a range of products including the Wikitude SDK, cloud-based image recognition solutions, and the Wikitude Studio Editor. These tools empower enterprises, brands, agencies, and developers to create engaging AR experiences for various media such as magazines, newspapers, business cards, and digital displays. With approximately 100,000 registered developer accounts and its technology integrated into over 20,000 applications, Wikitude has established itself as a leading independent AR platform, serving clients ranging from small businesses to Fortune 100 companies across diverse industries.

Resolution Games

Series C in 2021
Resolution Games, established in 2015 and headquartered in Stockholm, Sweden, is a pioneering games studio specializing in virtual and augmented reality experiences. Led by industry veterans, the company crafts an impressive portfolio of titles that transport players into rich, immersive VR and AR worlds, accessible across multiple platforms.

Blippar

Series E in 2018
Blippar is a technology company focused on Augmented Reality (AR) and Computer Vision, aiming to enrich everyday experiences by seamlessly integrating digital content with the physical world. Established in 2011, Blippar has developed a SaaS-based platform that allows brands, retailers, and agencies to create and deploy interactive AR experiences, enhancing customer engagement and driving sales. The company's tools enable businesses to publish AR content directly within their own applications or through rich media banners, facilitating a versatile approach to AR integration. Blippar has collaborated with prominent brands such as PepsiCo, Porsche, and Nestlé to create innovative and award-winning AR experiences. Recognized for its rapid growth and innovation in the AR space, Blippar acquired the pioneering AR company Layar in 2014 and invested in WaveOptics in 2015, which focuses on developing advanced display technologies for AR applications. Through its commitment to advancing the AR industry, Blippar continues to shape the way consumers interact with their environments.

Magic AI

Venture Round in 2017
MAGIC AI is a metaverse company focused on developing technologies that facilitate the creation and application of virtual humans, also known as digital twins. Utilizing a combination of artificial intelligence, virtual reality (VR), and augmented reality (AR), the company aims to enhance human-computer interaction for both personal and enterprise customers. By building an open technology platform, MAGIC AI seeks to realize a more connected metaverse, enabling users to engage in immersive experiences that bridge the gap between the physical and digital worlds.

Reach Robotics UK (closed)

Series A in 2017
Reach Robotics Limited, founded in 2013 and based in Bristol, United Kingdom, specialized in the development of gaming robots, with its flagship product being the MekaMon battlebot. The company aimed to merge robotics, gaming, and augmented reality, creating engaging entertainment platforms that brought video game characters to life. MekaMon was designed to be controlled via Bluetooth, Android, and iOS devices, allowing users to interact with the robot in various game modes. While its innovative approach positioned Reach Robotics at the forefront of consumer robotics, the company ultimately ceased operations.

OppenFuture

Angel Round in 2017
OppenFuture Technologies specializes in light field capturing and rendering technology, focusing on creating realistic 3D models for websites and mobile applications. The company has developed its patented Hololux™ technology, which enables the creation of photorealistic virtual 3D content from captured imagery. This process involves capturing, reconstructing, and rendering to replicate the color, texture, shading, and translucency of various objects and scenes. OppenFuture's solutions are designed to meet the increasing demand for immersive experiences in augmented reality (AR) and virtual reality (VR), making it an ideal choice for industries such as e-commerce, retail, education, and entertainment. By providing full-immersive experiences, OppenFuture allows brands to engage customers interactively with high-quality 3D renditions across multiple platforms. The company's technology also offers innovative marketing solutions for merchants, particularly in high-traffic areas like shopping malls and museums, utilizing mixed reality and deep learning to enhance consumer engagement.

Magic AI

Angel Round in 2017
MAGIC AI is a metaverse company focused on developing technologies that facilitate the creation and application of virtual humans, also known as digital twins. Utilizing a combination of artificial intelligence, virtual reality (VR), and augmented reality (AR), the company aims to enhance human-computer interaction for both personal and enterprise customers. By building an open technology platform, MAGIC AI seeks to realize a more connected metaverse, enabling users to engage in immersive experiences that bridge the gap between the physical and digital worlds.

NeoBear

Series B in 2016
The world's leading creative children brand, NeoBear uses science and technology to bring children's dreams to life. NeoBear is committed to the development and marketing of interactive intelligent products for children aged from 2 to 10. NeoBear utilizes augmented reality (AR) technology to help children dream big, develop new knowledge-friendly toys and introduce unrivalled learning and interactive experiences.

Ximmerse

Series A in 2016
Ximmerse is a company based in Guangdong, China, specializing in mobile visual computing and inertial tracking solutions for augmented and virtual reality devices. Founded by Mike Bailey in December 2014, Ximmerse develops advanced audio and video devices that enhance virtual reality experiences. Its offerings include a cross-platform optical tracking system utilizing a high field of view stereo camera and a suite of controller peripherals. These products enable users to accurately track their position in three-dimensional space and interact with 3D simulated environments through mobile devices, thereby improving the overall immersive experience.

Magic Leap

Series C in 2016
Magic Leap is an American startup specializing in Augmented Reality (AR) technology. The company develops proprietary wearable hardware that merges digital imagery with the real world, creating immersive AR experiences indistinguishable from reality. Their innovative Dynamic Digitized Lightfield Signal generates computer-generated 3D images that harmonize with human senses, enabling users to interact with digital devices in a visually cinematic manner. Magic Leap aims to redefine how users access screens and visualize data by combining inherent visual ability with mobile computing technology.

Blippar

Series C in 2015
Blippar is a technology company focused on Augmented Reality (AR) and Computer Vision, aiming to enrich everyday experiences by seamlessly integrating digital content with the physical world. Established in 2011, Blippar has developed a SaaS-based platform that allows brands, retailers, and agencies to create and deploy interactive AR experiences, enhancing customer engagement and driving sales. The company's tools enable businesses to publish AR content directly within their own applications or through rich media banners, facilitating a versatile approach to AR integration. Blippar has collaborated with prominent brands such as PepsiCo, Porsche, and Nestlé to create innovative and award-winning AR experiences. Recognized for its rapid growth and innovation in the AR space, Blippar acquired the pioneering AR company Layar in 2014 and invested in WaveOptics in 2015, which focuses on developing advanced display technologies for AR applications. Through its commitment to advancing the AR industry, Blippar continues to shape the way consumers interact with their environments.

NeoBear

Series A in 2015
The world's leading creative children brand, NeoBear uses science and technology to bring children's dreams to life. NeoBear is committed to the development and marketing of interactive intelligent products for children aged from 2 to 10. NeoBear utilizes augmented reality (AR) technology to help children dream big, develop new knowledge-friendly toys and introduce unrivalled learning and interactive experiences.

Ximmerse

Seed Round in 2014
Ximmerse is a company based in Guangdong, China, specializing in mobile visual computing and inertial tracking solutions for augmented and virtual reality devices. Founded by Mike Bailey in December 2014, Ximmerse develops advanced audio and video devices that enhance virtual reality experiences. Its offerings include a cross-platform optical tracking system utilizing a high field of view stereo camera and a suite of controller peripherals. These products enable users to accurately track their position in three-dimensional space and interact with 3D simulated environments through mobile devices, thereby improving the overall immersive experience.

Magic Leap

Series B in 2014
Magic Leap is an American startup specializing in Augmented Reality (AR) technology. The company develops proprietary wearable hardware that merges digital imagery with the real world, creating immersive AR experiences indistinguishable from reality. Their innovative Dynamic Digitized Lightfield Signal generates computer-generated 3D images that harmonize with human senses, enabling users to interact with digital devices in a visually cinematic manner. Magic Leap aims to redefine how users access screens and visualize data by combining inherent visual ability with mobile computing technology.

Pelican Imaging

Series C in 2013
Pelican Imaging Corporation is a venture-backed software start-up focused on commercializing advanced computational camera technology for the smartphone market. The company has developed a novel array sensor technology that delivers highly accurate depth data in real time for both images and video. This depth-sensing multi-camera imaging system offers significant advantages for augmented reality applications, including precise near-field and far-field depth capture across various lighting conditions, real-time processing, dynamic calibration, and reduced occlusion zones. Users can benefit from features such as post-capture refocusing, multi-subject focus, object segmentation, linear depth measurements, background changes, and 3D model creation, applicable on any device. Pelican Imaging's innovations aim to overcome the limitations of traditional camera designs, enhancing user experiences and expanding the capabilities of smartphone photography and video.

Pelican Imaging

Series C in 2013
Pelican Imaging Corporation is a venture-backed software start-up focused on commercializing advanced computational camera technology for the smartphone market. The company has developed a novel array sensor technology that delivers highly accurate depth data in real time for both images and video. This depth-sensing multi-camera imaging system offers significant advantages for augmented reality applications, including precise near-field and far-field depth capture across various lighting conditions, real-time processing, dynamic calibration, and reduced occlusion zones. Users can benefit from features such as post-capture refocusing, multi-subject focus, object segmentation, linear depth measurements, background changes, and 3D model creation, applicable on any device. Pelican Imaging's innovations aim to overcome the limitations of traditional camera designs, enhancing user experiences and expanding the capabilities of smartphone photography and video.

iOnRoad

Seed Round in 2013
iOnRoad develops a collision warning application aimed at enhancing driving safety through the use of advanced smartphone technology. The app employs the smartphone's camera and sensors to detect vehicles ahead, mapping the lane and identifying objects within it. When a potential collision is imminent, the system issues audio-visual alerts, allowing drivers to respond promptly and avoid accidents. This innovative software-only solution addresses the issue of distracted driving and has garnered several accolades, including the CES 2012 Innovation Award and recognition as one of Gartner's Cool Vendors in Automotive for 2012. The company's focus is on providing real-time driving assistance to improve safety on the road.

Blippar

Seed Round in 2012
Blippar is a technology company focused on Augmented Reality (AR) and Computer Vision, aiming to enrich everyday experiences by seamlessly integrating digital content with the physical world. Established in 2011, Blippar has developed a SaaS-based platform that allows brands, retailers, and agencies to create and deploy interactive AR experiences, enhancing customer engagement and driving sales. The company's tools enable businesses to publish AR content directly within their own applications or through rich media banners, facilitating a versatile approach to AR integration. Blippar has collaborated with prominent brands such as PepsiCo, Porsche, and Nestlé to create innovative and award-winning AR experiences. Recognized for its rapid growth and innovation in the AR space, Blippar acquired the pioneering AR company Layar in 2014 and invested in WaveOptics in 2015, which focuses on developing advanced display technologies for AR applications. Through its commitment to advancing the AR industry, Blippar continues to shape the way consumers interact with their environments.

Kiwiple

Venture Round in 2010
Kiwiple is a South Korean company that focuses on developing mobile and web applications, particularly in the areas of location-based services and social networking. The company has created various applications, including OVJET, a location-based social networking service, Foword, a smart keyword news binder, and Magic Hour, a photography application. Kiwiple's platform incorporates augmented reality interfaces, allowing users to access premium services and information tailored to their locations. The company's innovative approach aims to enhance user engagement and provide valuable services through its diverse range of applications.
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