Applied Ventures is a corporate venture arm of Applied Materials. The firm seeks to invest in firms operating in the advanced material, display technologies, energy conservation and storage, data storage, medical diagnostic, technology, software, sustainability and conservation sectors. It was founded in 2001 and is based in Santa Clara, California.
Applied Ventures invests in early-stage technology companies that show high growth potential and high returns potential. Their charter is to profitably invest in companies that provide a window on technologies that advance or complement Applied Materials' core expertise. Their investments help develop technologies and markets that provide natural extensions to Applied Materials' core business and stimulate the growth of applications for semiconductors, displays, solar PV, and related products and services.