SPAIN, Barcelona – March 1, 2015 – MediaTek, today announced the launch of MediaTek Ventures - a new strategic investment arm within the company. Headquartered in Hsinchu, Taiwan, MediaTek Ventures will initially invest in startups in Greater China, Europe, Japan and North America, with a US$300m reserve.
MediaTek Ventures will actively invest into innovative startups in semiconductor-system-and devices, Internet infrastructure, services and IoT, with the goal of creating a collaborative ecosystem around MediaTek’s corporate objectives in communication, computing, online media and analytics. Investments will include all stages of funding with a disciplinary approach focused on value creation. Through MediaTek Ventures, the company is seeking to extend its 17 year heritage of innovation to the broader electronics value-chain, diversify product solutions, and monetize opportunities with the next generation of entrepreneurs.
“We will not constrain ourselves to any single region in pursuit of innovation and excellence. Through MediaTek Ventures, a new generation of world-class companies will be empowered. We are excited to enable entrepreneurs and start-ups in achieving their dreams and fostering companies that have the potential to create value to end-users around the world and solve the world’s biggest problems”, said David Ku, Chief Financial Officer, MediaTek.
Further details on the company’s investment strategy and roadmaps will be made available in the second half of 2015.
Entities interested in investment by MediaTek and more information, please visit https://www.mediatek.com/about/ventures.
About MediaTek
Since 1997, MediaTek has been a pioneering fabless semiconductor company and a market leader in cutting-edge systems-on-chip (SoC) for mobile devices, wireless networking, HDTV, DVD and Blu-ray. Our tightly-integrated, innovative chip designs help manufacturers optimize supply chains, reduce the development time of new products, and extend a competitive edge in crowded markets. Through MediaTek Labs, the company is also building a developer hub that will support device creation, application development, and services for the Internet of Things era. By building technologies that help connect individuals to the world around them, MediaTek is enabling people to expand their horizons and more easily achieve their goals. We believe anyone can achieve something amazing. And we believe they can do it every single day. We call this idea Everyday Genius and it drives everything we do. Visit mediatek.com for more information.