Who: Dieter Kraft is Managing Director at TRUMPF Venture, the venture arm of TRUMPF, a German industrial machine manufacturing and high-tech company and one of the world’s biggest providers of machine tools. He previously worked as an investment partner at Robert Bosch Ventures and in a variety of roles for German multinational engineering and technology company Robert Bosch.
Topic: How to build an effective corporate venturing strategy
Quote: “I believe the value proposition of corporate venture is to bring open innovation to the R&D of an organization. A corporate VC needs to bring strategic value in the form of knowledge transfer. It is not about using startups as a cheaper or faster workbench; it is about investing in adjacent fields and learning how such businesses work.”
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