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Siemens forms $100M fund to back early-stage startups in industrial automation

Monday, February 17, 2014 | More »

German engineering and electronics conglomerate Siemens AG has launched a new $100 million global VC fund, which will focus on early-stage startups operating in the field of industrial automation. Christened Industry of The Future Fund, it has already invested in two companies—Montreal-based Lagoa...