11.09.21
Emerson announced a $100 million commitment to Emerson Ventures, its corporate venture capital initiative designed to accelerate innovation by providing early access to cutting edge technologies that solve real customer challenges. The investment commitment will advance the development of disruptive discrete automation solutions, environmentally sustainable technologies and industrial software in key industries.
“We see this as more than investment – it’s about partnership and enhancing the indus-tries we serve,” said Lal Karsanbhai, Emerson president and CEO. “We are committed to supporting and mentoring companies as we work together to gain strategic insights on emerging technologies, adjacent markets and industry disruptors.”
The company aims to invest in four to six early-stage startups each year, targeting $100 million in investments over five years. A focused team will evaluate opportunities in col-laboration with Emerson’s Office of the Chief Executive.
“We see this as more than investment – it’s about partnership and enhancing the indus-tries we serve,” said Lal Karsanbhai, Emerson president and CEO. “We are committed to supporting and mentoring companies as we work together to gain strategic insights on emerging technologies, adjacent markets and industry disruptors.”
The company aims to invest in four to six early-stage startups each year, targeting $100 million in investments over five years. A focused team will evaluate opportunities in col-laboration with Emerson’s Office of the Chief Executive.