The Momenta Pulse Check series highlights recent developments in the Digital Industry. Pulse Checks are designed to help you keep track of the ever-changing and rapidly growing global Digital Industry. Our weekly Pulse Checks delve into one of four categories: Digital Industry, Emerging Technology, Talent and Ventures. In this week’s Pulse Check, we have highlighted recent developments pertaining to Ventures.
Venture capital is absolutely integral to technological advancement and overall Digital Industry growth. Our Venture Industrialist Pulse Checks will help keep you abreast of the latest developments in Digital Industry investments. Identifying trends in investor focus and subsequent capital direction can provide a solid indicator of what Digital Industry areas are primed for growth and increased innovation.
In this Pulse Check, we have elaborated on recent venture developments in freight/trucking technology and have also highlighted new investments in industrial IoT (IIoT) and manufacturing.
Investors are undoubtedly cognizant of the growth potential that exists within industrials. The industrial sector has long been technologically laggard and dependant on legacy infrastructures and as a result, the room for digitization is massive. McRock’s new fund reflects that there is strong investor interest in the opportunities offered from industrial digital reform.
Manufacturing analytics company secures new investment:
The freight/trucking industry has long been in need of technological infusion to address issues like driver safety, drayage, route optimization, vehicle tracking, and fuel efficiency. These announcements make clear that large investors realize this and are looking to deploy capital into an industry on the verge of mass digitization. It would be unsurprising if significant freight tech investments continue over the next 12-18 months.
Momenta Partners encompasses leading Strategic Advisory, Talent, and Venture practices. We’re the guiding hand behind leading industrials’ IoT strategies, over 200 IoT leadership placements, and 25+ young IoT disruptors. Schedule a free consultation to learn more about our Connected Industry practice.