In today’s newsletter:
- 🔝 Case study: See how Novo Nordisk accelerates growth with FounderNest!
- 🆕 Product Update: Enhance Your Search with the New Relevance Parameter! – Try It Now!
- 📖 Company List: Health Tech Forward 2024
- 🗞️ Quick Hits Corporate venturing: Deep tech and Asia
- 🛰️ Industry Radar To keep you ahead on industry trends
- 🔎 Research: Global AI Investments: The USA's Leading Role and Top Corporate Investors
Let’s open the vault 🏦
🔝 See how Novo Nordisk accelerates growth with FounderNest!
Novo Nordisk leverages FounderNest to uncover hidden opportunities and drive innovation, recognizing its critical role in identifying promising startups and strategic partners across sectors. By integrating FounderNest into their innovation processes, Novo Nordisk's Open Innovation team efficiently maps industry players, gaining personalized insights and accessing human-in-the-loop expertise, thus enhancing their ability to lead in the pharmaceutical industry.
"FounderNest has become an essential tool for us, sharpening our innovation edge and propelling Novo Nordisk towards the future of healthcare.”
Here is the complete Novo Nordisk case
🆕 Product Update: Enhance Your Search with the New Relevance Parameter!
The new Relevance parameter classifies companies based on how well they match your search. It concisely explains what specific parts of your prompt are met by each company. Launch a search in a new Space to see this new feature in action! Sign up for free on FounderNest and run a Light Search to try it now!.
🤝 Health Tech Forward 2024: Company List
While we won't be attending this year's Health Tech Forward event, we’re excited to help you maximize your networking opportunities! We’ve put together a list of innovative companies attending the event, designed to connect you with the leaders and visionaries shaping the future of health tech.
Download the list here to enhance your experience and make valuable connections at Health Tech Forward 2024!
🗞️ Quick Hits
Short & sweet—news that caught our eye this week.
📊 Deep tech, involving innovations like AI and biotechnology, demands high investment and long development cycles to address major societal issues. Corporate investments in these technologies are rising, particularly in East and Southeast Asia, despite varying regional adoption rates. Successful ventures require streamlined regulations, cross-border partnerships, and a balance between short-term gains and long-term tech investments.
📡 Industry Radar
Stay ahead of the curve— some of the hottest news & trends across our reference industries paired with some bonus insights from FounderNest.
🔋 Oil & Energy - Unlocking AI's Power to Transform Clean Energy
AI could transform clean energy innovation, driving breakthroughs in technologies like batteries and biofuels. Collaboration and investment in data, infrastructure, and skills are key to unlocking its full potential.
🍏 Food & Bev - General Mills Bets on AI Chatbot to Boost Productivity
General Mills launched MillsChat, an AI chatbot using Google’s PaLM 2 model, to improve productivity for 20,000 employees. By integrating AI with cloud and machine learning, the company highlighted the growing importance of AI in enhancing efficiency and aligning technology with business goals.
🏥 Healthcare - Africa Leverages 4IR Technologies to Revolutionize Healthcare
Africa is harnessing 4IR technologies to transform healthcare, tackling challenges like staffing shortages and infrastructure gaps. With rising investments and innovations, these tools are improving access, reducing costs, and saving lives, paving the way for a more sustainable system.
FounderNest Bonus: We took a closer look at the technologies that are transforming healthcare. Sign up on FounderNest for more!
🦄 Startups: Nearly Half of 2024’s New Unicorns Are AI Startups
In 2024, nearly 43% of new unicorn startups are in AI, reflecting its transformative potential. Fintech and crypto sectors follow, contributing 29%, alongside diverse industries. The U.S. leads globally, while Europe’s unicorns, like the UK’s Revolut, showcase regional innovation.
📦 Retail & Logistics - Logistics in 2025: Optimism Amid Uncertainty
The logistics industry faces 2025 with cautious optimism, balancing hopes for recovery against challenges like excess capacity, rising costs, and shifting customer demands. Success will depend on adaptability, innovation, and efficient, reliable service as stakeholders navigate a still-uncertain market.
👩🌾 Farming & Agriculture - Agtech Partnerships Drive Sustainability and Innovation in Farming
Indigo Ag and Truterra are streamlining carbon sequestration for farmers, while Almanac acquires Gro Intelligence’s assets to boost its data capabilities. Bayer and Orbia Netafim are creating HortiView to unify digital tools for fruit and vegetable growers, highlighting tech’s growing role in sustainable agriculture.
FounderNest Bonus: We got curious about other companies like Gro Intelligence that offer data analytics and predictive modeling for informed decision-making in agricultural management, so we used our Similar Companies tool, and this is what we discovered. Sign up on FounderNest for more!
🎓 EdTech: Transforming Education with Innovation and Equity
EdTech revolutionizes education by personalizing learning, expanding access, and supporting teachers, helping bridge traditional gaps. While it offers equitable resources and innovative tools, thoughtful implementation is crucial to prevent widening disparities. With AI and Web3 driving growth, EdTech holds transformative potential when balanced with effective teaching.
📈 Investments: Revolutionizing Investment: How Emerging Technologies Are Shaping the Future of Finance
Emerging technologies like AI, machine learning, and blockchain are revolutionizing investing by improving market forecasting, automating trading, and enhancing security. Big Data and 5G enable faster, data-driven decisions, while RPA streamlines operations. These innovations reduce risks and open new opportunities, urging investors to adapt in an evolving market.
🚘 Automotive - Generative AI: Driving the Future of Transportation Innovation
Generative AI is revolutionizing transportation, showing early promise in areas like route optimization and asset management. Despite challenges such as infrastructure and talent shortages, companies are learning valuable lessons to drive successful adoption.
💊 Pharma - Pep2Tango Launches Innovative Obesity Drug Targeting Four Key Pathways
Pep2Tango Therapeutics, a biotech startup funded by Versant Ventures, aims to revolutionize obesity treatment by combining four mechanisms into one drug. Targeting GLP-1, GIP, amylin, and calcitonin receptors, it seeks to enhance fat loss while preserving muscle, surpassing current therapies like Wegovy and Zepbound.
FounderNest Bonus: We run a quick search to spot more companies leading innovation in obesity drug treatments. Sign up on FounderNest for more!
💲 Crypto Currency - Top Cryptos in 2024: Unlocking the Future of Blockchain Innovation
In 2024, top cryptocurrencies like Qubetics, Bitcoin, Ethereum, Solana, and Cardano lead the market. Qubetics focuses on decentralized privacy, Bitcoin offers stability, Ethereum drives smart contracts, Solana excels in speed, and Cardano prioritizes sustainability. These projects offer strong potential for those looking to invest in the future of blockchain.
