EuroQuity Blog

The Stanley Venture is looking for innovative startups!



The Stanley Venture is looking for innovative startups!
Stanley Venture Fund is the corporate fund of US corporation StanleyBlack&Decker (https://www.stanleyblackanddecker.com/)   whose 2017 revenues amounted to $12.7 Billions.
The company has 3 main business activities:
  • ​Tools & Storage (world's leader with such brands as Facom, Stanley, ...)
  • ​Security (advanced electronic safety, security and monitoring solutions, smart and eco-firendly automatic doors, and sophisticated patient safety, asset tracking and productivity solutions)
  • ​Industry (Stanley's fastening systems connect the world's cars and electronics, and Stanley's infrastructure solutions build the world's roads, pipelines and sewer systems)
The fund objective is to deliver cutting-edge innovation to StanleyBlack&Decker coming from early stage start-ups which can have no revenues yet
Stanely Ventures contributes to the startup growth by:
  • ​Investing $1 to $3M per startup - off the balance sheet as a minority investor with no control
  • ​Providing internal resources in terms of engineering test, access to world's markets, help in reducing industrialisation & commercialization costs
​ Stanley Ventures is looking for French Early Stage Innovative Start-up in the area of automotive diagnostics :
  • The objective is to fund start-ups that can provide garages with tools to improve diagnosis and repair
  • Areas of interest are: Vibration analysis, Open Database Connectivity, Fluid viscosity, gas emissions, tyre wear
Note that the diagnostic method may have been initially developed for another industry but may apply to automotive repair.

If you are interested in this opportunity, send Laurence Curti (laurence.curti@parisregionentreprises.org) a one-page executive summaries in English by November 26 at the latest, for a return of Stanley Ventures by December 6.

Rédigé par Baptiste Baudouin le Tuesday, November 20th 2018
 
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