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Introducing SousZen

See how Xinova partners with PepsiCo and Innit to launch the new Seattle restaurant tech startup, SousZen, that aims to digitize ‘back of house’.

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Former Intellectual Ventures fund looks to leverage new-found freedom after completing divestiture and rebrand

The Invention Development Fund (IDF), formerly one of the three main fund groups under Intellectual Ventures’ (IV) management, relaunches under a new brand today as it marks the final step in its spin-out from the patent aggregation firm.

The fund – the divestiture of which was revealed by its executive vice president Paul Levins at IPBC Global in Barcelona back in June – will henceforth be known as Xinova. This moniker incorporates Chinese andLatin terms for ‘new’, reflecting the fund’s long-held objective of bridging the gap between East and West when it comes to high-tech investment and IP commercialisation.

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Why Xinova

Innovation thrives on the unimpeded exchange of ideas, talent and capital. We have built a trusted global network with an incentive system that shares upside among all participants. Xinova has developed this structure in its global innovation market network with innovators, technologies, investors and startups in over 120 countries with world-class capabilities in finding, assessing, licensing, and developing international technologies. By aligning talent, technology, capital and demand through the first-of-its-kind innovation market network, which utilizes machine learning, distributed computing and modern technology platforms, Xinova connects global innovation supply to project demand for global customers such as PepsiCo, Funai, and an array of small companies and governments around the world.

Xinova accelerates innovation end-to-end. With unique digital tools and unprecedented business intelligence, we are automating the process of innovation, de-risking and unblocking it to drive growth at all points of the innovation lifecycle. We’ve created networks supporting each pillar of innovation, complete with tools and proprietary organizational structures essential to a distributed model. The end result aligns and connects:

  • Capital: funding resources such as Arcnet
  • Technology: established public and private IP and new inventions
  • Talent: inventors, designers, bankers, engineers, consultants, business developers, entrepreneurs including teams from leading institutions, such as CalTech, China Academy of Sciences, IITs in India
  • Demand: MNCs, SMEs, governments, startups, including companies such as Pepsi and Hyundai

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We are always seeking new problems to solve, as well as innovators and entrepreneurs to help us solve them. Let’s work together to create the future.

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Our Worldwide Locations

USA

Xinova
311 ½ Occidental Ave S
Suite 300
Seattle, WA 98104
USA
+1 (206) 800-2678

Japan

Xinova Japan GK
Yaesu Mitsui Building 6F
2-7-2 Yaesu, Chuo-ku
Tokyo 104-0028 Japan
+81-3-6478-6120
xinova.jp

China

Xinova Innovation (Beijing) Consultancy Co. Ltd.
Room 2494, Level 24, Tower 3
China Central Place
77 Jianguo Road
Chaoyang District
Beijing, 100025 China

Singapore

Xinova Asia Pte Ltd.
331 North Bridge Road
#22-01, Odeon Towers
Singapore 188720
+65 6408 5080

Korea

Xinova Korea
10th floor, Golfzone Tower
735, Yeongdong-daero
Gangnam-gu
Seoul 06072, Korea
+82 2 6952 8840
xinova.co.kr

Australia

Xinova Australasia Pty Ltd.
223 Liverpool St
Darlinghurst, NSW 2010
Australia
+61 2 8093 4850

India

Xinova India
Suite No 208, 2nd Floor
Survey No 414
PSR Complex
Govinda Reddy (GR) Layout
Bannerghatta Road
Karnataka, 560076, India

Finland

Xinova Finland
Erottajankatu 5 A 4
FI-00130 Helsinki
Finland

Affiliate offices in Tel Aviv & Vienna