In March, Qualcomm Ventures and its parent, Qualcomm, announced its new $100 million Snapdragon Fund to invest in immersive experiences involving augmented, virtual and mixed reality technologies as they relate to the metaverse.

At first blush, the metaverse seems a long way from the wireless tech and chips the San Diego giant is known for. However, the deal is a good reminder of the deep reach Qualcomm has into varying sectors. That reach is due to its foundational technologies and the mission of its 22-year-old venture firm to continue to build out that ecosystem. READ MORE