
Micron Ventures
Description
Micron Ventures is the strategic corporate venture capital arm of Micron Technology, a global leader in innovative memory and storage solutions. Established in 2019 with a dedicated fund of $100 million, the firm's primary objective is to invest in early-stage companies whose technological advancements and business models align with Micron's long-term strategic interests and market vision. This strategic alignment ensures that their investments not only offer financial returns but also foster innovation in critical areas relevant to Micron's core business and future growth.
The investment focus of Micron Ventures is broad yet targeted, encompassing disruptive technologies across various high-growth sectors. Key areas of interest include artificial intelligence, advanced data analytics, cloud infrastructure, the intelligent edge, automotive technologies, industrial IoT, and next-generation memory and storage solutions. By supporting startups in these domains, Micron Ventures aims to accelerate the development of technologies that can enhance Micron's product ecosystem, expand its market reach, or revolutionize its operational capabilities.
Micron Ventures typically invests in companies ranging from Seed to Series B funding rounds, demonstrating a commitment to nurturing innovation from its nascent stages. Since its inception, the firm has actively built a diverse portfolio, investing in over 25 startups as of early 2024. Beyond capital infusion, Micron Ventures provides its portfolio companies with invaluable strategic support, including access to Micron's extensive technical expertise, deep market insights, and global customer networks. This hands-on approach helps accelerate the growth and market adoption of their portfolio companies' solutions, creating a symbiotic relationship that benefits both the startups and Micron Technology.
Investor Profile
Micron Ventures has backed more than 27 startups, with 1 new investments in the last 12 months alone. The firm has led 3 rounds, about 11% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series A, Series C rounds (top funding stages).
- Majority of deals are located in United States, Germany, Switzerland.
- Strong thematic focus on Artificial Intelligence (AI), Software, Machine Learning.
- Typical check size: $500K – $5M.
Stage Focus
- Series B (30%)
- Series A (22%)
- Series C (19%)
- Seed (11%)
- Series D (7%)
- Series Unknown (7%)
- Pre Seed (4%)
Country Focus
- United States (85%)
- Germany (7%)
- Switzerland (4%)
- Sweden (4%)
Industry Focus
- Artificial Intelligence (Ai)
- Software
- Machine Learning
- Information Technology
- Semiconductor
- Computer Vision
- Electronics
- Generative Ai
- Analytics
- Transportation
Frequently Asked Questions
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