Applied Ventures
Semiconductor equipment manufacturer; strategic investor in PhysicsX's Series B and Series C rounds.
Applied Ventures, LLC is the wholly-owned corporate venture capital subsidiary of Applied Materials, formed in 2005 to make strategic seed and early-stage investments (initially up to $25M/year, since grown to roughly $100M/year) in technologies adjacent to Applied Materials' core business. It has invested in 90+ companies across 18 countries, including PhysicsX's Series B (June 2025) and Series C (2026) rounds alongside Siemens, NVIDIA, and Temasek.
Overview
- Firm
- Applied Materials
- Headquarters
- Santa Clara, CA
- Founded
- 2005
- AUM
- invests up to ~$100M/year globally; 90+ companies across 18 countries
- Stages
- Thesis
- Invests in startups that provide 'a window on technologies' extending or complementing Applied Materials' core semiconductor-equipment business — advanced materials, display technologies, energy storage, AI/big data, and life sciences.
Portfolio companies1
Partners0
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Frequently asked
- What is Applied Ventures?
- Invests in startups that provide 'a window on technologies' extending or complementing Applied Materials' core semiconductor-equipment business — advanced materials, display technologies, energy storage, AI/big data, and life sciences.
- How much does Applied Ventures manage?
- Applied Ventures manages invests up to ~$100M/year globally; 90+ companies across 18 countries in assets, and was founded in 2005.
Sources & citations3
Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.
- 1
Applied Ventures invests in technologies adjacent to Applied Materials' core semiconductor-equipment business
Applied Materials: Applied VenturesVerified2026-08-09 - 2
Applied Materials formed Applied Ventures, LLC on Nov. 15, 2005, a wholly-owned subsidiary chartered to make strategic seed and early stage investments of up to $25 million annually
Business Wire: Applied Materials Launches Venture Capital Program to Support Breakthrough TechnologyVerified2005-11-15 - 3
Applied Ventures participated in PhysicsX's $135M Series B (June 2025) alongside Atomico, Siemens, and Temasek
PhysicsX: PhysicsX Raises $135M Series B to Usher in a New Era of AI-Native Engineering and ManufacturingVerified2025-06-01