Skip to main content

At a Glance

Check Size
$500K – $25M
Stage
Seed, Series A, Series B+
AUM
$2B+
Sectors
AI, Deeptech, Robotics +1
Founded
2000
HQ
San Diego, CA

About Qualcomm Ventures

Qualcomm Ventures is a venture capital firm based in San Diego, CA founded in 2000. As a global corporate venture firm, we invest in entrepreneurs who are building revolutionary businesses that redefine the world around us. The firm focuses on Seed, Series A, Series B+ investments across sectors including AI, Deeptech, Robotics, Digital Health. The firm manages $1B in assets under management. Notable portfolio companies include Cruise, Ring, FitBit, Xiaomi, Waze, Nantworks, CloudMinds and Brain Corp. Investing in companies that extend the capabilities of mobile and wireless technologies to transform industries and create new opportunities.

Investment Thesis

“Investing in companies that extend the capabilities of mobile and wireless technologies to transform industries and create new opportunities.”

Leadership Team

Quinn Li is senior vice president and global head of Qualcomm Ventures, running the investment organization across seven regions. Regional leadership sits with managing directors: Rama Bethmangalkar in India, who authored the 2026 strategic AI fund announcement, Tushar Gupta in North America, Song Mao in China, and Boaz Peer across Israel and Europe. Alexandre Arantes Villela has led Latin America.

Senior directors Varsha Tagare and Albert Wang sit beneath them, with directors Anirvan Chowdhury, Michel Glezer, Deepak Prasad, Stephanie Shao Ni Ng, Richard Tapalaga and Hanyang Wang covering execution. Shannon Gallagher-Bolton is vice president and legal counsel, supported by senior legal counsel Christopher West, and Marienne Caro leads marketing. Investment team members are employees of Qualcomm Technologies, which keeps the venture group structurally attached to the operating business. The firm publishes titles without biographies.

Sector Focus

Investment Stage

Notable Portfolio Companies

View full portfolio →
CCruise
RingRing
FFitBit
XXiaomi
WWaze
NNantworks
CCloudMinds
Brain CorpBrain Corp

Fund History

Qualcomm Ventures was established in San Diego in 2000 and invests from Qualcomm's balance sheet rather than from limited partner commitments, deploying through announced commitments instead of blind pools. The first regional vehicle was a $150M India fund launched in 2015. In October 2019 the firm announced a 5G Ecosystem Fund of up to $200M to back companies building on 5G. A $100M Snapdragon Metaverse Fund followed in March 2022, aimed at extended reality developers. In February 2026 Qualcomm announced a second India vehicle, a strategic AI venture fund of up to $150M, detailed the following month.

The firm reports more than $2B in assets under management and over 150 active portfolio companies, against cumulative figures of more than $3B deployed into over 500 companies, 200-plus exits and 60-plus unicorns. It made sixteen new investments in 2025, its twenty-fifth year, and operates across seven regions with offices in San Diego, Santa Clara, Beijing, Bangalore and Sao Paulo.

Related Articles (1)

Frequently Asked Questions

What stage does Qualcomm Ventures invest at?

Qualcomm Ventures primarily invests at the Seed, Series A, Series B+ stages. This means they focus on companies that are building their initial product and finding product-market fit.

Where is Qualcomm Ventures located?

Qualcomm Ventures is headquartered in San Diego, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.

What sectors does Qualcomm Ventures focus on?

Qualcomm Ventures focuses on investments in AI, Deeptech, Robotics, Digital Health. Their portfolio reflects deep expertise and networks within these sectors.

What is Qualcomm Ventures's typical check size?

Qualcomm Ventures's typical investment check size ranges from $500K to $25M. Actual amounts may vary based on the stage, sector, and specific opportunity.

How much does Qualcomm Ventures have under management?

Qualcomm Ventures manages approximately $2B+ in assets under management (AUM) across their funds.

Fund Operations Resources

Running a fund like Qualcomm Ventures? Independent guides to the software and processes emerging managers use to operate.

Sponsored
AArchstone

The operating system for private capital.

Archstone runs the back office for venture, PE, real estate, and credit funds — LP reporting, capital calls, portfolio tracking, and fund accounting, in one platform. Now in alpha.

LP portalCapital calls$297/moNo AUM fees
Book a demo