Robotics Invest’s Post

We love these key takeaways from #RoboticsInvest24 Underwriter Fidelity Private Shares and remain immensely grateful for those who help to support this incredible community of robotics pioneers!

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We were at Robotics Invest in Boston this week, connecting with innovators in the robotics space. Here are the top takeaways from Fidelity Private Shares' Kristen Craft:    -To be more investible, a founding team can focus on making the business model and unit economics work sooner vs later. This is more challenging in robotics than in other industries, given the capital requirements to cover COGs and manufacturing.      -Talent is one of the most important inputs into the robotics ecosystem. Massachusetts is leaning in hard, with more STEM degrees than any other state. -There’s a lot of innovation going on at the intersection of robotics and AI. Entrepreneurs can make large strides quickly, given how fast AI is advancing   - We also see a lot of innovation happening in the overlaps of robotics and climate tech. This is fueled by federal funding trends, as well as increased profitability in climate innovation.      -We’re starting to see a lot of robotics unicorns.     -So often the real revenue is from the software and services that accompany hardware.      -Non-dilutive funding can be a strong resource but can also be tricky in that it can delay focus on hitting profitability and can distract from building the best business.     -It’s a great time to be a robotics founder. Technology is advancing rapidly while demand for efficiency is also escalating.     Shout out to Fady Saad and Mark Martin at Cybernetix Ventures, Peter Haas at Massachusetts Technology Collaborative, Meeta Kapadia and Matt Perlow at HSBC, SVB, Rebecca Hu at Glacier and Dean Kamen at FIRST DEKA Research & Development     Join our startup community to make connections and hear about more events like these: https://hubs.ly/Q02BKjgP0    #roboticsinvest #founders #startup #RoboticsInvest24 #Robotics 

Matthew Hayes

AI/ML Entrepreneur, Strategy, Executive Leadership & Technology Consultancy

5mo

Well done Kristen - you also led a great round table on Day 2! Well done! -Matt

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