Intel to Spin Off Its Venture Capital Arm, Intel Capital

Intel Corp announced on Tuesday that it will separate its venture capital and investment arm, Intel Capital, into an independent entity to streamline operations and improve efficiency across the business. While Intel will remain a key investor, the transition is set to be completed by the second half of 2025, with the new company adopting a different name. The existing Intel Capital team will be integrated into the new entity.

David Zinsner, Intel’s interim co-CEO and CFO, described the move as a “win-win scenario,” emphasizing that it would provide Intel Capital with access to new capital sources for growth while allowing both entities to maintain a long-term strategic partnership.

Founded in 1991, Intel Capital manages over $5 billion in assets and focuses its investments across four major tech areas: silicon, frontier technologies, devices, and cloud computing. The announcement came shortly after identity security startup Orchid Security raised $36 million in an early-stage funding round, with Intel Capital as a lead investor.