Investing In the Autonomy Economy: Opportunities for Innovators & Investors
Wednesday, May 23, 2018
3:00 pm – 3:45 pm
Over a trillion dollars of value will be created in the next five years through the deployment of machine intelligence, robotics and automation, and investment is responsible for much of this dynamic. It is estimated that in 2017 alone over $20 billion was invested in robotics and unmanned systems. In this informative panel, leading investment experts will describe the key trends in robotics and autonomous systems investing, including the most impactful business, technical and social drivers, as well as opportunities for investors, innovators and entrepreneurs.
A 2017 Boston Business Journal 40 Under 40 Honoree, Fady is the co-founder and partnerships director of MassRobotics; the first and largest robotics/AI startup escalator in the world. He also advises Rewired AI Studio on investment of their $100 million fund. Fady is the first to coin the term “startup escalation” model to identify scaling hardware/tough tech startups. Before that he was the strategy, research & business development director of Vecna Technologies where he supported the development of the company’s robotics R&D strategy, funding and commercialization activities. Fady is a System Design & Management Fellow at MIT and focuses on designing and modeling startups as adaptive complex systems, and understanding the effect of entrepreneurship ecosystems on these startups’ viability. Before joining MIT, Fady was the Lead Account Manager of Nokia Siemens Networks in North Africa and Europe where he led and managed multimillion-euro acquisitions and bids. During his time as a Strategy and Business Development associate at Siemens, Fady was part of the team who led the merger between Siemens Com and Nokia Networks in North Africa for 700+ employees. He also consulted the World Bank on issues related to implementing industrial and entrepreneurship policies in developing countries. Fady has been a frequent speaker, judge, panelist and mentor in multiple entrepreneurship organizations and events, and authored numerous articles on investing and innovation. Fady has an educational background in complex systems, management, industrial engineering and design.
Oliver Mitchell is the founding partner at Autonomy Ventures, a venture firm focused on early stage investments in business and industrial automation technologies, including robotics, smart mobility, remote sensing and machine intelligence. Mitchell’s portfolio has returned over six exits in the past five years with two IPOs. Previous transactions have included selling Holmes Protection to ADT/Tyco, Americash to American Express, and launching RobotGalaxy, a national EdTech brand. He is an active member of New York Angels and holds 14 patents. Mitchell speaks often at international trade shows and writes syndicated articles that reaches thousands of weekly readers.
Steve Taub focuses his time on venture investments in the advanced manufacturing space, including areas such as 3D printing, robotics, and “smart manufacturing” software and analytics and was previously part of the Energy Ventures team. His investments include Rethink Robotics, Desktop Metal, Carbon, Optomec, Aras, Virgin Hyperloop One, 1366 Technologies, and Arctic Sand. Taub joined GE in 2006 as Senior Vice President of Investment Strategy at GE Energy Financial Services, a unit of GE Capital. Earlier in his career he created and led the electric power technology research practice at IHS-CERA, and he has also worked at U.S. Department of Energy and Northrup Grumman Corp. Taub earned a master’s degrees in Mechanical Engineering and Technology and Policy from the Massachusetts Institute of Technology and a bachelor’s degree in Mechanical Engineering from Columbia University. Originally from Long Island NY, he has lived in the Boston area since 1997.
Anders Bialek leads iRobot’s Corporate Development team which is responsible for Strategy, M&A and Venture investing.
Prior to iRobot, Bialek worked as a management consultant at McKinsey Company in Europe serving clients in a variety of industries including telecommunications, financial services and private equity. Prior to management consulting, he spent several years in the technology sector in Boston. Bialek holds an MBA from INSEAD and a BA from Hobart College.