Foundries.io
Entry
2019
Hold
5yr
Exit
2024
Who owns Foundries.io?
Foundries.io was owned by BACKED VC through Backed Fund II (2022 vintage) from 2019 to 2024, exited via Trade Sale. Across its history, Foundries.io has been through 2 private equity ownership periods, detailed in the timeline below.
Hand-verified · updated 2026-05-27
Key takeaways
- ·Fully exited in 2024 to Qualcomm.
- ·Average hold across 2 realized cycles: 4 years.
Ownership history
2 ownership periods · co-invest detected
Exited
Last exited in 2024 to Qualcomm.
Co-invest · 2 holders · 2019 · 2024
IQ Capital PartnersExited 2024
2021 · 2024(3yr) · IQ Capital Fund III · 2018 · VC
Trade Sale · to Qualcomm
MOIC
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