We are backed by investors that understand the need for industrial transformation in areas where energy consumption is growing rapidly and legacy industries are still operating as they were for the last 40 years! Earlier this year, REFASHIOND Ventures: The Industrial Transformation Fund backed FLUIX. Our team thanks, Brian Laung Aoaeh, CFA and Lisa Morales-Hellebo for backing our vision to enable ultra efficient critical infrastructure using Autonomous AI control systems. To learn more about how FLUIX helps data centers save up to 40% in energy costs by autonomously managing facilities control, visit: https://www.fluix.ai/ #investors #ai #automation #cooling #industrial #proptech #builtenvironment #thermalmanagement #buildingautomation
I invest in early-stage startups refashioning legacy industries @ REFASHIOND Ventures: The Industrial Transformation Fund across Data & AI, Advanced Materials, Advanced Manufacturing, and Next Generation Supply Chains.
Hi Folks; Here’s a post about what Lisa Morales-Hellebo and I have been up to this year at REFASHIOND Ventures: The Industrial Transformation Fund. We made 13 new investments in 2024 - including 2 that remain in stealth, and 1 that's closing "as we speak." - Diagon - AutoMetrics Manufacturing Technologies Inc - KayaAI - FLUIX AI - Cosynd - MYAVANA - Spectrohm - Nevoya - Vendorflow - Barn Owl Precision Ag This brings our portfolio to 57 startups since we got going in July 2021. Our investment Thesis: REFASHIOND Ventures: The Industrial Transformation Fund invests in early stage startups refashioning legacy industries through Data & AI, Advanced Materials, Advanced Manufacturing, & Next Generation Supply Chains; Defensible through economic moats. It has been a challenging year for pre-seed and seed stage startups, and for emerging venture fund managers. But, we’ve made it this far, and take great pride and joy in what we have accomplished this year. We took our enthusiasm for Industrial Transformation & Supply Chain Technology on the road, and hosted supply chain meetups in Silicon Valley and in Miami for The Worldwide Supply Chain Federation. We are closing the year with gratitude for the founders who have taken as much of a bet on us as we have on them, and, for our limited partners, without whose financial backing we would not be where we are now. We are living in a world that embodies our Industrial Transformation & Supply Chain Technology investment thesis at REFASHIOND Ventures: The Industrial Transformation Fund: Escalating Geopolitical Tensions & Great Power Competition; The Climate Crisis & Severe Weather; Consumer Behavior & Demographics. Join us. We’ll publish our annual year in review next month. Till then . . . May the holidays bring you and those you love many reasons for celebration, and may 2025 bring us all many reasons for laughter. Happy Holidays. #IndustrialTransformation #SupplyChain #Innovation #Technology #Startups #VentureCapital