How Investments In Transformative Solutions Using AI, Cloud, And Edge Act Like Probiotics For Manufacturing
Traditionally, few venture capitalists would touch industrial startup companies. Time cycles were too long and clunky hardware complicated things. However, deep digitalization is taking hold, the expectations are that the industrial sector will evolve much faster. What has changed?
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One reason venture capital and corporate investment have shied away from industrial startups is that they have been few and far between. After all, if you cannot find something exciting to invest in, there’s little point having a strong venture activity and a dedicated fund.
Perhaps it is also the case that industrial conglomerates were looking inward to find innovative ways instead of looking outward for it. As a result, venture capitalists considered the manufacturing space the place for incremental innovation, though less interesting.
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