Corporates can no longer rely on organic innovation alone. Yet, when they turn to partnering with digital natives, they are often overwhelmed by numerous startups addressing a specific pain point – making it difficult to identify truly best-in-class innovators. On top of that, startup partnerships take a long time to execute and seldom move from proof-of-concept to production.
FutureLabs Ventures’ foundry teams work with corporate partners to ideate, design and formulate a foundry that aligns with corporate vision and innovation strategy. Our foundries identify and vet best-in-class startups and establish partnerships (equity or non-equity) that generate real value at scale.
We create rich startup partnership ecosystems that focus on complementing our corporate partners' product suite (i.e. by generating more revenues), address internal digital transformation challenges (i.e. cost reduction) and/or provide a rich pipeline of investable opportunities for corporate venture capitalists (CVCs).