In this article, you will discover how Novable clients use our startup scouting platform to feed their corporate venture strategy.
Novable is the fastest corporate venture platform on earth. By combining AI-powered technology with our people’s expertise, we deliver innovation professionals with the most relevant startups to feed their transformation or growth strategies.
Novable offers multiple possibilities under one roof. Let’s browse 15 of the most frequent use cases we’ve seen on our platform. Some of them are obvious, some others are… surprising!
Explore and discover innovative companies in specific domains, industries, topics, technologies or locations. Ensure a permanent innovation supply chain with startup scouting to get inspired from external initiatives.
We are not the only ones saying that innovation is becoming one of the most important focus points within a company. Additionally, it is becoming a big competitive advantage in any industry too.
Specific problems require specific solutions and at Novable we offer multiple solutions. Find them on our platform!
Set up permanent radars and get notified when new entrants or signals blip on your screen. Map out a given topic, domain, technology or location.
Monitor your competition and global environment. Anticipate disruptive threats and mitigate strategic risks.
Get the big picture through actual field players. Novable is the watchtower your company needs to landscape fields ahead and anticipate strategic moves.
Corporate Development teams are using Novable to spot acquisitions targets answering specific requirements and criteria – not only from a firmographic standpoint, but also from an actual commercial and technical activity perspective.
Find opportunities and identify potential partners, identify innovative suppliers you did not know about, find new technologies, products, services, skills and competences. Receive potential new strategic suppliers in real-time or in a couple of hours (emergency supply) or find alternative and substitutes to existing suppliers.
Novable helps purchasing managers complete their suppliers directories with new, innovative or missing partners. Open innovation and procurement have a lot of common objectives, and Novable helps bridging the current gap between the two.
Your idea, most likely, already exists. However, you can find inspiration by reading which technologies are being used or how other have executed this idea. Make sure to read a previous blog post about this topic, where we go more into detail.
Bring valuable insights at board meetings. Monitor each of your invested startup’s competitive environment, and bring insights during board meetings.
Activate a scouting campaign based on your investment thesis and keep it open in the long term. Each time Novable detects a new startup falling into the scope, you’ll be automatically notified – and among the first to know.
Novable is a curiosity enabler. It brings unexpected things in front of your eyes. Serendipity matters. We guarantee that you’ll discover new things – perfect feed for thoughts or new material to bring to the meeting tables. Corporate venture is the future.