The venture arm of European engineering company Siemens, Siemens Venture Capital, has launched a new $100 million “Industry of the Future” fund for early-stage startups, the firm announced today.
Siemens said it will focus its investments on industrial tech involved with machine automation and new technology related to manufacturing processes. The fund will also go towards previous investments the firm has made.
Image: Via Siemens
To read the original article: Siemens closes new $100M fund for innovation in manufacturing tech | VentureBeat | Deals | by Tom Cheredar
