This year 50 startups, out of more than 300 that applied, were selected to participate in moments of digital interaction
A 24-hour meeting, 160 participants from Europe and the U.S., and 10 panel discussions. The focus was on innovation in its different forms to meet the challenges of tomorrow. Three weeks after the Monaco Smart and Sustainable Marina Rendezvous, the two-day event dedicated to innovative solutions and proposals to address in the yachting world the challenges related to climate change, organized with M3 (Monaco Marina Management) at the Yacht Club de Monaco, Blumorpho invited members of its ecosystem to discuss the future of private investment in impact technologies at the 8th edition of the biennial Inpho Venture Summit. The event was held in Bordeaux, France, on Oct. 13 and 14, in collaboration with Alpha RLH Cluster and Cea (the French Alternative Energy and Atomic Energy Commission).
Among the topics covered at the meeting: space, circularity, artificial intelligence in healthcare, strengthening European manufacturing competitiveness, with specific focus on semiconductors, AgTech (technologies in agriculture) and resource scarcity, energy and decarbonization, artificial intelligence ethics, as well as data management and new business models. “Impact and sustainability are not buzzwords but are common goals,” recalls Geraldine Andrieux, ceo of Blumorpho.
“We believe the next wave of innovation will address sustainability challenges and will come from collaborations across sectors and supply chains. Data has a critical role to play and cannot yet be fully leveraged. We are happy with the quality of the discussions between people with different profiles, it is really encouraging and promising. It is an important starting point to support the emergence of new markets and new business models,” said Andrieux.
Chaired by George Ugras, managing director of AV8 Ventures, Inpho relies on a strong editorial board of 12 members active in private investment. “I think,” stresses George Ugras, “we had a fantastic two-day conference this year. I was really impressed by the breadth of topics, from space technologies to artificial intelligence and all the way to semiconductor technologies to give a few examples. The participants came from different backgrounds and countries. I was also impressed by the caliber of the discussions. It was interesting to consider how to leverage artificial intelligence in society to address environmental issues, while also keeping in mind all the privacy issues.”
Appointment in 2024 also in the French city: “I think the conversations and debates were very fruitful and we hope to replicate this event in two years in Bordeaux. I hope to see many of the participants again,” Ugras concludes.
Satisfaction among participants, “What makes Inpho different from other events is the opportunity to meet people from different backgrounds but in a more private atmosphere and with a real openness to discussions. It’s really unique,” highlights Lars Boehnisch, Investment Manager at Evonik Venture Capital. Echoing him are the words of Hind Beaujon, director of security at Pfeiffer Vacuum: “Stimulating, this is the highlight of the Inpho Venture Summit.” And with added value: “This is the first time I’ve really seen a change in mindset. Every company was analyzed through the prism of sustainability. This is the first time I am noting this aspect in a technology conference,” adds François Tison General Partner at 360 Capital Partners.
The Inpho Venture Summit offers entrepreneurs the opportunity to benefit from valuable interactions with private investors and top corporate executives in large corporations. This year, 50 startups were selected out of more than 300 that applied to participate in digital interaction moments. Twenty finalists were then invited to present in pitching sessions as part of the INPHO 2022 Start-up Award. The award was won by Xsensio, a company that offers exciting prospects for developing new treatments, strengthening prevention, and improving monitoring of at-risk populations. The company will then benefit from the close-knit network and ecosystem around the event to grow.
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