Construction Tech From Lab to Market: VC Insights for Deep Tech Startups. A chat with Adarsh Sowcar, Venture Investment Manager @ Saint-Gobain NOVA

Host: Nicola Marchese

Guest: Adarsh Sowcar, Venture Investment Manager @ Saint-Gobain NOVA

#DeepTechCatalyst

Watch the ⁠⁠⁠full video on our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠platform⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠!⁠

KEY TAKEAWAYS:

1. By 2050, 70% of the global population will live in urban areas, driving the need for advanced construction technologies and innovative materials. People spend over 80% of their time indoors, emphasizing the importance of materials that enhance indoor air quality and comfort. The construction sector contributes nearly 40% of global CO₂ emissions, highlighting the urgency for decarbonization and sustainable practices.

2. Startups are developing materials with lower carbon footprints to enhance energy efficiency and promote circularity. The industry is adopting robotics, digitization, and offsite construction methods to improve efficiency and reduce waste. These innovations are crucial for meeting the demands of urbanization and sustainability.

3. Entrepreneurs must understand industry problems and engage with stakeholders to gather insights. Startups should demonstrate how their technology solves specific problems better than existing alternatives. Successful startups must ensure their technology integrates easily into existing workflows to minimize adoption barriers.

4. At the pre-seed stage, startups should develop a working prototype and validate the material's technical feasibility and scalability. They should also engage with industry stakeholders to gather feedback and demonstrate commercial potential. At the seed stage, conducting extensive real-world performance tests to ensure reliability and meet industry standards is crucial.

5. Aspiring deep tech founders should align financial modeling with R&D efforts to meet market needs. Utilizing advisors and mentors can strengthen market and financial understanding. Ensuring technical breakthroughs are financially viable is essential for market success.

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Disclaimer: This content is provided solely for educational and informational purposes and should not be interpreted as financial or legal advice. Given the complexity and potential impact of these terms, it is crucial to consult with an attorney. Legal expertise is invaluable in navigating these technical aspects and ensuring that the terms are in your best interests before finalizing any agreements.