Intel Capital invests in Chinese cleantech, healthcare companies
Intel Capital has sunk money into three Chinese companies: Trony Solar Holdings, NP Holdings and Viewhigh.
Trony Solar Holdings, a manufacturer of thin-film solar cells, received $20 million. An undisclosed amount also went to NP Holdings, which works in the utility-scale energy storage space.
Intel made another undisclosed investment in Viewhigh, a software provider for the healthcare industry.
The funds came from Intel’s China Technology Fund, which has a total of $500 million to invest in the country.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.