Qualcomm: Qualcomm Ventures announces investments in four companies to accelerate 5G adoption – Times of India

Qualcomm Ventures has introduced new investments in four companies to assist advance innovation and accelerate 5G adoption throughout the ecosystem, by way of its 5G Ecosystem Fund. The companies embrace Celona, an enterprise networking platform supplier that brings 5G to enterprises; Cellwize Wireless Technologies Inc. (Cellwize), enabler in cell community automation and orchestration; Azion, supplier of edge computing platform options; and Pensando Systems, an organization providing the brand new edge companies mannequin of enterprise and cloud computing.
Qualcomm Ventures has additionally invested in startups in the 5G ecosystem, together with companies corresponding to Affirmed Networks, Inc., Altiostar Networks, Inc., Airspan Networks, Inc., Beijing Baicells Technologies Co., Ltd., Jio Platforms Limited and others.
The firm says that the purpose of its international 5G Ecosystem Fund is to result in innovation and applied sciences into actuality by utilizing the ability of 5G, accelerate 5G innovation, and drive 5G adoption past the smartphone. Along with capital investments, Qualcomm Ventures offers entrepreneurs entry to Qualcomm Technologies experience and networks.
Quinn Li, senior vice chairman, Qualcomm Technologies, Inc and international head of Qualcomm Ventures, stated: “We are committed to supporting companies with the vision to realize 5G’s potential impact on the mobile ecosystem, and its ability to reshape industries entirely. We are thrilled to support Celona, Cellwize, Azion and Pensando Systems to scale their businesses and accelerate 5G deployment and adoption.”

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