Duncan Turner is the managing director of HaxA startup accelerator specializing in “hard technology” – innovations in physical sciences and engineering. Hax offers up to US $ 500,000 in funding alongside resources that include chemical, mechanical and electronic laboratories, and access to a world team of engineers and scientists. The Turner group has worked with more than 300 technology companies in order to accelerate their pace of innovation to correspond to that of software companies.
The pandemic, and THE provide–The channel problems that followed were an obstacle to start–UPS. Do these problems continue to challenge inventors?
Duncan Turner:: Investors (pre-countryic) realized that with climatic problems, you must start investing in the equipment that makes a difference. This interest and capital were noted by challenges of the supply chain. We were felt by our subsequent stage companies in the consumer sector, which has struggled to obtain parts. The good news is the offerThe challenges of the chain have turned off. We have seen an incredible adoption in interest and investors in hard technology, which had previously entered the software.
Why does Hax have a presence in India and China?
Turner:: There are areas with national incentives to do things inside borders, but in general, you need a global supply chain. (In Shenzhen, China) We had a presence, then removed and changed it. We had evolved towards a deeper technology, whose size had grown up beyond what could adapt in a container (shipping), so we asked, what is the point of coming to China to do it ? But we carried out for electrical engineering and for the manufacture of PCB during a quick turnaround, there is simply no other option. And when companies like Apple make manufacturing in India, you get a supplier ecosystem. We wanted two equal food chains to stock up.
Have geopolitical trade tensions change how you can support innovators?
Turner:: A large part of the (United States) Law on inflation reduction is focused on the technologies in which we invest, but there is a entirely “made in America” theme. We are not there yet. I think it will take a decade, but we want to be part of it. This does not mean that we abandon a global approach. But when we see a business doing something that has been done offshore, on the ground in the United States, and it helps the environment, we want to dig.
Artificial INtelligence is a massive trend. How do you help inventors to go through it?
Turner:: AI concentrates investments in areas that investors have hesitated. Between a third and a half of our wallet is in robotics. Investors understood the opportunity of robotics but were stuck in automatic learning aspects. Now they see the potential. We also examine what we can do with the materials in the energy sector and to decarbonize manufacturing. You will see the habit of discovering materials that reach these objectives.
In 2025, what are the major themes in which innovators should think?
Turner:: Companies are responsible for positive changes in the impact of their products on emissions (greenhouse gas). The commitment will vary, but it will not disappear. Another theme is infrastructure and reindustrialisation. I think there are so many possibilities for innovators to come with a new approach and to say: “Look, we can disturb this area alone.” Anyway, you can bring to the ground and make it durable is a wonderful place.
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