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 and Latin 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.
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:
PO Box #30873
Seattle, WA 98113
Xinova Japan GK
Yaesu Mitsui Building 6F
2-7-2 Yaesu, Chuo-ku
Tokyo 104-0028 Japan
10th floor, Golfzone Tower
Seoul 06072, Korea
+82 2 6952 8840
Erottajankatu 5 A 4
Affiliate offices in Tel Aviv & Vienna