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U First Capital to Explore New Growth Technologies for DuPont Electronics & Imaging BusinessSANTA CLARA, Calif., March 7, 2019 /CNW/ -- U First Capital (www.UFirstCapital.com) today announced it is working with the DuPont Electronics & Imaging business to identify cutting-edge opportunities in the areas of Internet of Things (IoT) and Artificial Intelligence (AI) and other new growth areas to accelerate product innovation and extend market reach. "Connectivity, AI and IoT are transforming many industries, bringing with it increased needs for specialized materials," said Dr. Cathie Markham, Global R&D Director, DuPont Electronics & Imaging. "We are well-positioned to be at the front end of change within this innovative-driven market and are excited to tap into the strong network of U First Capital to support our technology development in new growth areas." "We are thrilled to work with DuPont Electronics & Imaging. They bring a customer-centric mindset with a deep focus on product excellence, and a strong technology base to add to," said Dr. Ekta Dang, Founder and CEO of U First Capital. U First Capital was formed to leverage its technical strengths, network and experience in driving investments as a Corporate Venture Capital arm. "Corporations are increasingly looking for growth areas from external innovation, and hence creating new Venture Capital funds. We, as U First Capital, are uniquely positioned in this market via our Venture Capital as a Service model under hich we create a dedicated investment fund for each Corporation. This delivers high strategic value to the Corporation while bringing top-notch financial returns. We help Corporations with creation and management of these Venture Capital funds. We bring investment opportunities in the form of cutting-edge technologies from the Startup world as well as from the University ecosystem, tailored to meet the specific strategic objectives of the Corporation," said Dr. Sanjit Singh Dang, Founder and Chairman of U First Capital. Sanjit has had an excellent track record of driving one M&A or IPO Exit every year at Intel Capital: DocuSign (IPO 2018), Body Labs (Acquired by Amazon in 2017), and VokeVR (Acquired by Intel in 2016). About U First Capital About DuPont Electronics & Imaging
View original content:http://www.prnewswire.com/news-releases/u-first-capital-to-explore-new-growth-technologies-for-dupont-electronics--imaging-business-300808387.html SOURCE U First Capital |