Anthony Lin took the role as head of Intel Capital, the corporate venturing arm of chipmaker Intel, following Wendell Brooks’ departure in mid-2020. Lin, who has been with the company since 2008, was previously in charge of mergers and acquisitions (M&A) and international investing.
Since Intel Capital was founded in 1991, it has made almost 1,500 investments in businesses around the world as well as more than 450 exits, either through initial public offerings or M&A transactions.
Intel Capital invests in innovative technology startups and companies globally and helps portfolio companies leverage the corporate’s resources. Over the past 12 months, the unit has been involved as lead investor on a number of deals including a $125m raise for Untether AI, a Canada-based AI-powered chip developer, and the $35M series B round for cybersecurity firm Censys.
Intel Capital has also taken a role in the $100m series D round for Israeli sports video creator WSC Sports. Meanwhile, in February this year, the unit launched a $1bn investment vehicle with its semiconductor fabrication business, Intel Foundry Services (IFS), to foster an innovation ecosystem surrounding fab technology.
The fund will back early-stage developers of foundry-related technologies with the potential to help reduce the time to market for IFS’s customers, covering areas such as intellectual property, software, innovative semiconductor architectures and advanced packaging.
Before joining Intel, Lin worked for 12 years in corporate finance, M&A and private equity roles at Banc of America Securities, ASAT, Merrill Lynch and PaineWebber. He holds a bachelor’s degree in economics from University of California at Berkeley.
