Qualcomm Ventures Israel to Oversee Qualcomm's European Investments

The management team of Qualcomm Ventures Israel will also oversee the company’s European investments, Qualcomm Ventures, the investment arm of the Nasdaq-listed chipmaker, announced Monday.

Qualcomm Ventures began operating in Israel in 2010 and has since invested in 29 Israeli companies including Google-owned mobile navigation app developer Waze Ltd. and cloud applications company Ravello Systems Inc., which was acquired by Oracle in 2016 for $430 million.