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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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Innovation Opportunities

Seeking innovative solutions for:

Raine Hermans

Managing Director, Innovation Programs

My fascination with What’s Next got me into a lot of trouble as a student in economics. I built predictive models that led me into the unknown, a place shunned by my corner of academia. “Who do you think you are?” demanded several important professors. Looking backward at What Happened was the right way to approach economics, and I was doing it all wrong. But the unknown called to me, and I kept generating future-focused data. My work eventually found its way to like-minded academics, who thought my pursuit of What’s Next was not blasphemous but exemplary, as validated by my invitation to work first at ETLA, the Research Institute of the Finnish Economy, and then at Northwestern’s Kellogg School of Management. I haven’t looked back since.

My student experience taught me a valuable lesson: doing new things can be really hard. Dangerous, even. But it’s also necessary for accomplishing something valuable and important. My life’s work has thus been helping organizations envision the future and its potential disruptions, and to accept that innovation is worth the price and the risk.

I’ve spent my career developing tools that help others do new things in new ways. At Tekes, the Finnish Funding Agency for Innovation, I headed the unit for lead markets, forecasting market disruptions and encouraging companies to enter emerging ecosystems. We matched buyers’ needs and sellers’ methods by creating programs that enabled innovators to develop new solutions, or new applications for old solutions. Utilizing a diverse array of skills, contexts and disciplines, we deployed DARPA-style playbooks that helped partners venture into the unknown and a future that could be achieved via actionable steps. I continued this approach with Fira Group, a major player in the construction industry where I’ve been working after Tekes.

I believe in systemic innovation driving market disruptions. My dissertation consisted of five essays composing a theoretical spectrum of international trade, macroeconomics, finance, knowledge management and economic forecast simulations. Revealing the truth, I found, requires a systemic view, which is achieved by stepping on toes while exploring multiple knowledge domains.  We experts tend to have tunnel vision, but my perspective permanently broadened when I was tasked with valuating a biotechnology venture that provided company information so dense and opaque as to be indecipherable. Rapidly forming an interdisciplinary team, we unraveled the venture’s strands one domain at a time, and accomplished in two days what would have taken half a year for me to do alone.

Our Team

Jorma Ollila

Executive Chairman

Patrick Ennis

Chief Technology Officer

Yong Sung Kim

Chairman APAC

Jason Huemer

Chief Operating Officer

Ted Leung

Vice President of Engineering

Raine Hermans

Managing Director, Innovation Programs

Sridhar Divakaruni

Vice President of Business Development

Ernst Stottinger

Partner | Innovation Programs

Rob Dhat

Vice President of Innovation Partnerships

Al DeNooyer

Innovation Business Development Representative

Matt Ferguson, PhD

Vice President of Innovation Services

Kevin Williams

Vice President | Innovation Services Group

Nick Milanovich

Director | Innovation Services Group

Hsiu-Wu (Jason) Guo

Innovation & Commercialization Development Director

Brett Hertzberg

Legal Consultant

Mark Klopp

Business Development Consultant

Masanobu Katoh

President of Xinova Japan

Madeline Song

Managing Director

Kaori Iguchi

Office Manager

Paul Levins


Ernst Stottinger

Partner | Innovation Programs

Mai Huong Tran


Dan Dongil Kim

Executive Vice President of Finance

Imran Sajjad

Staff Accountant

Stephen King

Entrepreneur in Residence

Connect with Xinova

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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Affiliate offices in Tel Aviv & Vienna