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The Foley & Lardner team recently hosted a panel on Innovation for Good: Designing Products with Purpose, which was developed in collaboration with Parna Sarkar-Basu of B&B Consulting. The speakers were Matthew Anderson of A&K Robotics, Vishnu Jayaprakash of AgZen and Daniela Procopio of SOLMA Tea. Though each of the founders represented different industries – robotics, agtech, beverage, and consulting services – two themes were obvious.
Role of Investors in Driving Digital Transformation Despite belt-tightening in IT budgets across enterprises, software-as-a-service (SaaS) continues to experience sustained growth. As companies continue to embrace digitalization and cloud-based solutions, the Enterprise SaaS landscape remains a hotbed of innovation and investment.
We know there has been an ongoing slowdown in venture capital funding for startups - this has been the case since 2022 and it continues to impact startups at all stages of growth. The slowdown appears to be leveling from 2022, however, suggesting that the market may be normalizing. Furthermore, investors are still active in certain key sectors and notable trends are beginning to emerge in the landscape this year.
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