# Apple: portfolio, investments and team

> Apple is a corporate vc based in United States. 8 investments on record, 1 in the last 12 months, latest Dec 2025. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/apple (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Apple

Last cheque observed Dec 2025; 8 cheques on record.

Deploying now New fund, Apr 2023 Corporate VC

Venture Seed Series A CleanTech Health Care Artificial Intelligence (ai)

Deploying now

**100%** of best year **1** **cheques in 12 months**, 8 on record

Since the last cheque **320** days **00** hrs **00** min **00** sec

Median round **$125M** Rounds led **0 of 8** Sole investor **4 rounds** Mostly in **United States, 50%**

Pitch Apple

## Apple highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Venture and Seed: 75% of its rounds
- 03 Sole investor in 4 rounds, median $27M

## What they do

- **Type:** Corporate VC (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** CleanTech Health Care Artificial Intelligence (ai)
- **Based in:** Cupertino, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **8 appearances**

- **2025** 1 round
- **Dec** **[Housing Accelerator Fund](https://millionrounds.com/company/housing-accelerator-fund)** US · Firms' own news pages **$50M** With 6 others
- **2019** 1 round
- **Dec** **[Bamboo Learning](https://millionrounds.com/company/bamboo-learning)** Seed · US · FinSMEs **$1.4M** With 7 others
- **2017** 2 rounds
- **Dec** **[Didi Chuxing](https://millionrounds.com/company/didi-chuxing)** CN · TechCrunch **$4.0B** With 4 others
- **May** **[Corning](https://millionrounds.com/company/corning)** US · TechCrunch **$200M** Sole investor
- **2012** 1 round
- **Jan** **[ELAN Microelectronics](https://millionrounds.com/company/elan-microelectronics)** Venture · TW · techcrunch.com **$5.0M** Sole investor
- **2010** 1 round
- **Apr** **[Kosmos Biotherapeutics](https://millionrounds.com/company/kosmos-biotherapeutics)** Series A · US · onbiovc.com **$319M** With 4 others
- **2009** 1 round
- **Jun** **[Imagination Technologies](https://millionrounds.com/company/imagination-technologies)** Venture · GB · techcrunch.com **$5.2M** Sole investor
- **2008** 1 round
- **Dec** **[Imagination Technologies](https://millionrounds.com/company/imagination-technologies)** GB · reuters.com **$49M** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **2 named**

DA **David A. Smolen** Executive Officer i Filing they signed

RA **Richard A. Magnuson** Executive Officer i Filing they signed

We also hold **88** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Funds they back

## 1 fund commitment on record

- **Managers:** 1

Every fund on record that it has committed money to, and the managers who invest it. Source: fund news.

Managers it backs most

- [Collab Capital 1 fund](https://millionrounds.com/fund/collab-capital)

Most recent commitments

- [Collab Capital Fund II](https://millionrounds.com/fund/collab-capital)

## Companies it bought

Acquisitions by the firm itself

**Primephonic** **Undisclosed** Aug 2021

**Curious AI** **Undisclosed** Jan 2021

**[Spaces](https://millionrounds.com/company/spaces)** **Undisclosed** Aug 2020

**Camerai** **Undisclosed** Aug 2020

**[Mobeewave](https://millionrounds.com/company/mobeewave)** **$100M** Jul 2020

**[Fleetsmith](https://millionrounds.com/company/fleetsmith)** **Undisclosed** Jun 2020

**[NextVR](https://millionrounds.com/company/nextvr)** **$100M** May 2020

**[Voysis](https://millionrounds.com/company/voysis)** **Undisclosed** Apr 2020

**Dark Sky** **Undisclosed** Mar 2020

**[Xnor.ai](https://millionrounds.com/company/xnor-ai)** **$200M** Jan 2020

**Scout FM** **Undisclosed** 2020

**[Spectral Edge](https://millionrounds.com/company/spectral-edge)** **Undisclosed** Dec 2019

New fund on file

**Raised**

a new fund in Apr 2023

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Venture Seed Series A

Median round joined **$125M** the round, not its cheque Alone, median **$27M**

Led 0 of 8 rounds **0%**

- **Sole investor:** 4 rounds
- **Last cheque:** Dec 2025

Rounds by stage said on their site

- Venture *2*
- Seed *1*
- Series A *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

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## Recently backed

The latest companies Apple put money into.

[**Bamboo Learning** $1.4M · Dec 2019](https://millionrounds.com/company/bamboo-learning)[**Corning** $200M · May 2017](https://millionrounds.com/company/corning)

## Quick answers about Apple

### What does Apple invest in?

Apple invests most often at Venture and Seed (75% of the rounds on record), in sectors such as CleanTech, Health Care and Artificial Intelligence (ai).

### How active is Apple?

8 investments on record, 1 of them in the last 12 months. The most recent was in Dec 2025.

### What has Apple invested in recently?

Its most recent investments on record: Housing Accelerator Fund (Undisclosed round, Dec 2025), Bamboo Learning (Seed, Dec 2019) and Didi Chuxing (Undisclosed round, Dec 2017).

### How big are Apple's cheques?

The median round it joins is $125M.

### Does Apple lead rounds?

Rarely, if at all: none of its 8 investments on record names it as the lead.

### Where does Apple invest?

Most of the companies it backs are in the United States (50%), the United Kingdom (25%) and China (13%).

### Is Apple investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### What kind of investor is Apple?

Apple is a corporate VC based in Cupertino, United States.

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