About Qualcomm Ventures
Qualcomm Ventures is a venture capital firm founded in 1998. It is primarily based out of San Diego, United States. As of May 2026, Qualcomm Ventures is an active investor, having invested in 386 companies, with 11 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Consumer. Most recently it participated in the $***** Series A round of Hark Overall, Qualcomm Ventures portfolio has seen 26 unicorns, 27 IPOs and 124 acquisitions including key companies like Coinbase, PayPal and CloudFlare. A lot of funds co-invest with Qualcomm Ventures, with names like Accel sharing a substantial percentage of its portfolio. Qualcomm Ventures has team of 32 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series A & 8 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Qualcomm Ventures' List of Top Investments
Qualcomm Ventures has a portfolio of 386 companies, including 26 unicorns. Their most notable investments are in Echo3D and Zuddl.Their portfolio spans across United States, China, India and 18 more locations. They have invested in High Tech, Enterprise Applications, Consumer and 33 other sectors, across stages such as Series B, Series A and 8 more. Here is the list of top investments by Qualcomm Ventures:
1. Coinbase
Online platform for crypto portfolio. It offers solutions for consumers such as regular trading platforms, wallets for storing cryptocurrencies, crypto exchanges, USD-backed stable coins, and more. It also provides solutions for businesses such as custodian services, crypto-based payment acceptance solutions, and more.
Key facts about Coinbase
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $7.18B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,494 as on Apr 30, 2026
- Investors: Wellington, Intel and 145 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public
2. PayPal
Provider of online payment solutions, money transfers, and virtual wallets. It facilitates online transactions for individuals and businesses. It offers tools for online checkout, payment links, and invoicing. The platform provides risk management, dispute management, and reporting tools. It allows users to send and receive payments.
Key facts about PayPal
- Founded Year: 1998
- Location: United States
- Annual Revenue: $33.2B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $216M
- Employee Count: 36,811 as on Apr 30, 2026
- Investors: Alcor Fund, Elliott Management and 28 Others
- Latest Funding Round: Post IPO, Jul 26, 2022, $*****
- Highlight: Public
3. CloudFlare
Provider of cloud services for security, performance, and application development. The company delivers networking, security, and performance services through its connectivity cloud platform. It offers solutions for application security, application performance, and network services. The company's platform supports businesses in modernizing networks, securing workspaces, and optimizing web experiences.
Key facts about CloudFlare
- Founded Year: 2009
- Location: San Francisco (United States)
- Annual Revenue: $2.17B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $332M
- Employee Count: 6,964 as on Mar 31, 2026
- Investors: Fidelity Investments, New Enterprise Associates and 17 Others
- Latest Funding Round: Post IPO, Aug 2021, $*****
- Highlight: Public

4. PropTiger
Real estate advisory firm offering a platform for residential property buying. It facilitates the home-buying process through technology-enabled tools and on-the-ground support. The company offers researched information about localities and properties. It provides guidance on legal paperwork and loan assistance to fulfill transactions.
Key facts about PropTiger
- Founded Year: 2011
- Location: Gurugram (India)
- Annual Revenue: 44.5M SGD as on Mar 31, 2022
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $99M
- Employee Count: 1,220 as on Apr 30, 2026
- Investors: Helion Venture Partners, SoftBank Group and 26 Others
- Latest Funding Round: Series C, Jan 10, 2017, $*****
- Highlight: Acquired

5. Shadowfax
Logistics solutions for express deliveries. It offers services, including same-day delivery, next-day delivery, and instant delivery. It provides solutions for e-commerce, D2C businesses, SMEs, and personal courier needs. It also offers technology-driven tools for route optimization and fraud detection. It also provides intercity parcel delivery, reverse logistics, same-day and next-day delivery options, and fulfillment services.
Key facts about Shadowfax
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹2,510Cr as on Mar 31, 2025
- Stage: Public
- Total Funding till date: $247M
- Employee Count: 4,207 as on Aug 31, 2025
- Investors: IFC, Innoven Capital and 30 Others
- Latest Funding Round: Series F, Jan 28, 2025, $*****
- Highlight: Public
Qualcomm Ventures' Year-on-Year Investment Trends
Qualcomm Ventures has invested in 387 companies over the last 28 years, with an average of 15 new investments annually in the last 10 years. In 2025, it made 17 investments, while as of May 2026, it has made 10 investments in this year. Its most recent first time investment was in Hark and most recent follow-on round was in Frore Systems.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 6 | 4 | 10 |
2025 | 12 | 5 | 17 |
2024 | 8 | 7 | 15 |
2023 | 9 | 7 | 16 |
2022 | 18 | 11 | 29 |
2021 | 16 | 19 | 35 |
2020 | 18 | 13 | 31 |
2019 | 17 | 13 | 30 |
2018 | 8 | 18 | 26 |
2017 | 24 | 13 | 37 |
Qualcomm Ventures' Investments by Stage
Qualcomm Ventures has made 86 investments in Series B stage with an average round size of $33.8M, 80 investments in Series A stage with an average round size of $22.6M and 57 investments in Seed stage with an average round size of $7.94M.Stage of entry | No. of Investments |
|---|---|
Series B | 86 |
Series A | 80 |
Seed | 57 |
Series C | 48 |
Series D | 26 |
Others | 18 |
Note: We have considered here, only first round of investments
Qualcomm Ventures' Investments by Sector
Qualcomm Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, Enterprise Infrastructure and Internet of Things - Industry Applications. Notably, it has invested in 353 Tech companies, 289 Enterprise (B2B) companies, 231 Software companies and at least 137 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 160 |
High Tech | 126 |
Consumer | 76 |
Enterprise Infrastructure | 49 |
Internet of Things - Industry Applications | 45 |
Others | 467 |
Note: We have considered here, only first round of investments
Qualcomm Ventures' Investments by Geography
Qualcomm Ventures has made most investments in United States (161), followed by China where it has made 39 investments.Country | No. of Investments |
|---|---|
United States | 161 |
China | 39 |
India | 39 |
Israel | 28 |
Brazil | 19 |
Others | 38 |
Note: We have considered here, only first round of investments
Qualcomm Ventures' recent investments
Qualcomm Ventures has made 10 investments in 2026 so far. Hark and Wayve are the latest among them.Here are the most recent investments by Qualcomm Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 21, 2026 | United States | Series A | 6133 | [+10] | |
Apr 15, 2026 | United Kingdom | Series D | 9918 | [+1] | |
Mar 26, 2026 | Germany | Series C | 3782 | [+5] | |
Mar 16, 2026 | United States | Series D | 5629 | [+7] | |
Feb 25, 2026 | United States | Series B | 5752 | [+4] |
Unicorns in Qualcomm Ventures' Portfolio
Qualcomm Ventures has 26 unicorns in its portfolio - Upscale AI, Nothing, Netradyne and others. The most recent unicorn in their portfolio is Upscale AI. It became a unicorn in 2026.Here is a list of unicorns in Qualcomm Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Developer of networking infrastructure to accelerate and scale artificial intelligence | 2025 | Santa Clara | Series A | nxjibsn | ||
66 | Manufacturer of mobile phones, headphones, watches, and related accessories | 2020 | London | Series C | zeddg{o | ||
67 | AI-powered fleet safety camera system | 2015 | San Diego | Series D | ruaq{mr | ||
64 | Developer of infrastructure designed for accelerated compute and artificial intelligence | 2013 | Campbell | Series E | lqkd{{d | ||
67 | Platform offering AI-enabled software for autonomous driving | 2017 | London | Series D | bjyjqcl |
IPOs and Publicly Listed companies in Qualcomm Ventures' Portfolio
27 of Qualcomm Ventures' portfolio companies have become public. Cerebras got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in May 2026 at marketcap of $5.55B and Extreme Vision got listed on the Hong Kong Exchanges (HKG) at marketcap of $576M.Here are Qualcomm Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 14, 2026 | May 2016 | Series A | 7943 | |
Mar 30, 2026 | Nov 29, 2019 | Series B | 2393 | |
Jan 28, 2026 | Aug 07, 2018 | Series C | 2422 | |
Nov 21, 2025 | Oct 07, 2009 | Seed | 5472 | |
Jun 30, 2025 | Dec 09, 2014 | Series B | 7604 |
Acquired companies in Qualcomm Ventures' Portfolio
124 companies from Qualcomm Ventures' portfolio have been acquired. The most recent acquisition was Particle in Jan 2026 by Digi International for $*****.Here are Qualcomm Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 27, 2026 | May 23, 2018 | Series B | 9526 | |
Nov 26, 2025 | Feb 2015 | Seed | 2136 | |
Nov 24, 2025 | - | - | 5668 | |
Oct 07, 2025 | May 27, 2021 | Series C | 8866 | |
Jul 23, 2025 | - | - | 8716 |
Team profile of Qualcomm Ventures
Qualcomm Ventures has a team of 32 members including 6 Partners and 9 Principals located in United States, China and 1 more location. Qualcomm Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Qualcomm Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Bengaluru | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | San Diego | - | ||
Partner | Beijing | - | ||
Partner | Santa Clara | - | ||
Principal | San Diego | - | ||
Principal | Chaoyang | - |
Co-investors of Qualcomm Ventures
Over the past 28 years, 2487 investors have co-invested in Qualcomm Ventures's portfolio companies. This includes funds and angels.
- Invested before Qualcomm Ventures: Sequoia Capital, Norwest and 1090 others have invested in rounds before Qualcomm Ventures. There are 10 companies where Sequoia Capital has invested before Qualcomm Ventures and 9 companies where Norwest has invested before Qualcomm Ventures.
- Top Co-investors of Qualcomm Ventures: 587 investors entered a company along with Qualcomm Ventures. These include investors like Accel (13 companies).
- Invested after Qualcomm Ventures: A total of 808 investors have invested in Qualcomm Ventures's portfolio after their investments. Top Investors include Qualcomm (12 companies), SoftBank Vision Fund (8 companies) and Tiger Global Management (7 companies).
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