HP

HP, through its corporate venture arm HP Tech Ventures, is an active strategic investor in early-stage technology companies. Established in 2015, HP Tech Ventures focuses on identifying and supporting disruptive startups that align with HP Inc.'s long-term strategic vision and core business areas. The firm seeks to foster innovation in critical technology domains such as artificial intelligence, machine learning, the Internet of Things (IoT), immersive technologies like virtual and augmented reality, digital manufacturing (including 3D printing), and cybersecurity. Their investment strategy is not purely financial but also aims to create synergistic partnerships, providing portfolio companies with access to HP's vast resources, market reach, and technical expertise.

HP Tech Ventures typically invests across Seed, Series A, and Series B funding rounds, demonstrating a commitment to nurturing companies from their nascent stages through significant growth. Their investment thesis centers on technologies that can enhance HP's product portfolio, expand its market opportunities, or provide foundational capabilities for future computing paradigms. As of early 2024, HP Tech Ventures has made over 50 investments, building a diverse portfolio of promising startups. For instance, their investment in Desktop Metal, a leader in additive manufacturing, saw the company go public with a valuation exceeding $2.5 billion, showcasing the potential for significant strategic and financial returns.

The typical first check size from HP Tech Ventures ranges from approximately $500,000 for early-stage strategic bets to around $15,000,000 for more mature Series A or B rounds. This range reflects their flexibility in supporting a wide spectrum of innovative companies, from those with groundbreaking prototypes to those with established products seeking to scale. Beyond capital, HP Tech Ventures offers invaluable strategic guidance, potential commercial partnerships, and access to HP's global network of customers and partners, making them an attractive investor for startups looking to accelerate their market penetration and technological development within HP's ecosystem.