FusionX Ventures Announces Investment Fund Focused on Early-Stage IoT Start-Ups
San Diego (PRWEB) August 09, 2016 -- FusionX Ventures provides seed stage venture capital and execution risk reduction in partnership with D&K Engineering, a global design and manufacturing company. FusionX will focus on finding, funding and growing startups through the fusion of strategy, venture capital and operational expertise.
FusionX Ventures is made up of serial entrepreneurs with experience founding and growing businesses from inception to $100 million plus. The team also has experience with multiple public company exits. The team has created hundreds of innovative smart products in the medical, life science, food and beverage, communications, retail, military, printing, and connected kiosk spaces. FusionX has investments in five portfolio companies to date, all of which involve smart, connected machines.
“We understand what it’s like to be a founder with a big idea but an unclear path to product realization,” said Ken Hood, FusionX Ventures Managing Partner. “We’re here to support innovative companies with expertise and relationships that remove risk and chart a direct course to successful, sustainable businesses.”
The FusionX Ventures team includes Ken Hood and D&K Engineering co-founders Alex Kunczynski and Scott Dennis. The three partners have a combined 60 years of product leadership experience in executive roles.
“FusionX's investment into NanoCellect has been a huge boost for our commercialization path and we are excited to have a great team join us in our vision to enable biomedical applications that require cell sorting,” said Jose M. Morachis, PH.D, CEO and Director, NanoCellect Biomedical. “Beyond the funding, FusionX has also expanded our network with very experienced people.”
FusionX Ventures is actively investing in early-stage companies looking for funding or strategic support. Startups with products that fuse hardware, software and cloud (IoT) can connect at FusionXVentures.com. Companies interested in product realization capabilities can reach out directly to D&K Engineering.
About FusionX Ventures
FusionX Ventures is an early-stage investment fund focused on helping companies build the next generation of cloud-enabled Smart Machines. We help companies reduce execution risk by combining our go-to-market experience and advisor network with design, manufacturing, and program management. We have a unique partnership with D&K Engineering, who specializes in class-leading product realization.
About D&K Engineering
D&K Engineering is an international product development and manufacturing services provider with a proven track record of turning innovative ideas into successful reality. Our clients leverage our proprietary Total Commercialization Solutions approach to create hardware, systems and content-based product ideas from initial design to manufacturing and into sustainable lines of business. Our experience-driven engineering, manufacturing and supply chain services get products to market faster with lower overall cost of development, providing our customers with significant competitive advantage. D&K Engineering is headquartered in San Diego, California.
Kim Coutts, Positive Change Communications, http://www.dkengineering.com, +1 (619) 977-0988, [email protected]
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