In today’s newsletter:
- 🔝 Case study: See how Roche uses FounderNest
- 📖 Company List: Web Summit Lisbon 2024
- 🗞️ Quick Hits from this week’s news
- 🛰️ Industry Radar to keep you ahead on industry trends
- 🔎 Research: How Are Robotics Transforming Industries, and Which Companies Are Leading the Way?
Let’s open the vault 🏦
🔝 See how Roche uses FounderNest
Learn how one of the leading pharmacy companies, Roche, is leveraging FounderNest tools to elevate their innovation journeys, empowering teams to uncover remarkable opportunities that go beyond traditional scouting methods.
"FounderNest has significantly enhanced our landscape reporting capacity."
🤝 Web Summit Lisbon: Company List
We’re excited to announce that we will be attending the Web Summit Lisbon 2024, the premier conference for technology and innovation, bringing together industry leaders and visionaries from across the globe.
To enhance your networking opportunities and keep you informed, we’ve created a comprehensive company list that provides insights into the technology organizations participating in the event. Whether you're joining us in person or online, this resource will help you make the most of your Web Summit experience! Download the full company list here.
🗞️ Quick Hits
Short & sweet—news that caught our eye this week.
📊 In the fast-paced business world, corporate venturing is emerging as a crucial strategy, with 70% of companies boosting innovation investments to collaborate with startups. This approach emphasizes long-term goals over immediate ROI, presenting unique challenges and opportunities. Discover how firms navigate these dynamics and the best practices driving this transformative trend.
📡 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 - Record Profits for Oil Giants Amid Growing Tension Over Climate Responsibility
Major oil companies are seeing strong profits, with Exxon Mobil earning $9.2 billion from increased production. ConocoPhillips is advancing its Willow project, while Chevron's profits fell due to refining issues. Shell and BP face criticism for cutting renewable investments and prioritizing short-term gains over climate commitments.
FounderNest Bonus: We used our Similar Companies tool to find out similar companies to Shell to be able to learn more about them. Sign up on FounderNest for more information.
💊 Biotech - Transforming Drug Development: Archon Biosciences Unveils Breakthrough Antibody Technology
Archon Biosciences, co-founded by Nobel laureate David Baker and launched from the University of Washington, aims to transform drug development with its "antibody cages." With $20 million in seed funding and a team of 17, the company plans to enhance biologic drugs and begin clinical trials by 2026.
🍏 Food & Bev - Taste the Change: Emerging Food Trends for a Healthier 2025
The 2025 food and beverage trends focus on sustainability and health, featuring international fusion snacks, healthier dumplings, crispy chickpeas, and electrolyte-infused drinks. Vintage tea parties, compostable packaging, natural wines, sourdough products, and sea moss also highlight a shift toward eco-friendly choices.
FounderNest Bonus: We got curious and run a Search to quickly find out relevant companies in Functional Foods: food that provides health benefits beyond basic nutrition. Sign up on FounderNest if you want to find out more relevant companies.
♻️ Sustainability - Profit Meets Purpose: Upcycling and Re-Commerce Redefining the Industry
Upcycling and re-commerce can enhance business growth and sustainability by addressing the wasteful "take, make, waste" model. Utilizing product data, traceability tools like GTINs and digital product passports, brands like Eileen Fisher and UNIQLO demonstrate that sustainability and profitability can coexist while reducing waste.
📦 Retail & Logistics - Transforming the First Mile: The Key to Future-Proofing Supply Chains
First-mile improvements in product development and sourcing drive greater resilience and efficiency than last-mile innovations. Examples like Danone’s digitized factory and Shein’s AI-driven planning highlight how AI enhances forecasting, inventory, and cost savings, making it crucial for a competitive supply chain.
👩🌾 Farming & Agriculture - Sustainable Growth: Urban Farming Market Expected to Flourish by 2032
The global urban indoor farming market, valued at USD 160.22 billion in 2024, is expected to grow to USD 290.11 billion by 2032, with a CAGR of 7.7%. Driven by urbanization and health awareness, it enhances food access and living standards, with North America leading and rapid growth anticipated in the Asia-Pacific region.
FounderNest Bonus: We run our Market Intelligence tool to discover the trending technologies behind this market space. Sign up on FounderNest for more!
🏥 Pharma - The Future of Cancer Treatment: mRNA and CAR T-Cell Innovations
Recent advancements in pharmaceutical research are transforming oncology through mRNA and CAR T-cell therapies, harnessing the immune system to target cancer effectively. With promising clinical trial results for both refractory cancers and solid tumors, these innovative approaches aim to improve remission rates while minimizing harm to healthy tissues, heralding a new era in personalized cancer treatment.
💰Banking - Digital Banks: Pioneering Financial Inclusion in a New Era
Digital banks are a technology-driven alternative to traditional banking, providing online services and enhancing financial inclusion in developing markets. By the end of 2023, there were 235 licensed digital banks worldwide, fueled by the COVID-19 pandemic and fintech advancements, highlighting their transformative impact.
🌐 Tech - OpenAI's ChatGPT Takes on Google with Real-Time Search Feature
OpenAI's new "ChatGPT search" feature brings real-time web information to its chatbot, competing directly with Google and Bing. Currently available to select subscribers, it offers conversational, up-to-date search, challenging traditional engines' dominance.
🏨 Hospitality - AI Transforms Personalized Service, Smarter Operations, and Higher Revenue
The hospitality industry is embracing AI to revolutionize guest experiences and operations. Hotels are using AI to personalize guest interactions, analyze customer feedback, and enhance upselling opportunities, boosting satisfaction and revenue. Voice-activated assistants and dynamic pricing models further enhance convenience and profitability.
FounderNest Bonus: We got curious so we decided to run our Market Intelligence tool to discover the main Trends shaping this space. Sign up on FounderNest to uncover more trends and companies in the hospitality industry.
🚀 Defense and Aerospace - M&A Market Set for Takeoff: Projected to Reach $341B by 2029 Amid Rising Global Demand and Strategic Acquisitions
The Aerospace and Defense M&A market is set to grow from USD 194.90 billion in 2024 to USD 341.34 billion by 2029, driven by increased air traffic, defense budgets, and military focus. Key growth areas include the aerospace segment and Europe, with companies leveraging acquisitions to boost technology and market share. Despite regulatory challenges, M&A activity remains strong.
