Innovative hardware products are becoming more intelligent at an exponential rate and are greatly improving human life. The core driving force behind this is the continuous maturity and integration of core technologies such as embodied intelligence, AIGC, autonomous driving/flight, chips, sensors, and electrical and electronic devices.
Building innovative hardware technology companies faces more unique challenges than software/Internet companies, especially:
1. Longer MPF cycles, usually measured in years rather than months.
2. More physical constraints For example, physical boundaries such as limited battery capacity, limited edge computing capabilities, and limited sensor performance are often bottlenecks for meeting user needs
3. More complicated production and delivery needs . Unlike copy-paste, hardware products require strong mass production R&D capabilities, supply chain and customer service support
All of the above factors requires more from team and ecosystem partners. Doing the right and difficult things usually takes longer, but it also means huge value and unique entry barrier ;
● We are looking for the long-term and first principles thinking talents for the golden decades
● Kreo also believes that with the hard technology innovation ecosystem we have established in the past decade, we can well support and jointly create the next generation of global hardware technology industry leaders.
At the same time, the fast developing global political and economic environment means greater challenges and more unique opportunities.
● To become the hardtech leader of the next era, it is necessary to be able to take into leverage the resource of various regions around the world and build a new type of global enterprise and operational capabilities; For example, due to labor cost, North America and Europe are still the main markets for robots and AI hardware. North America and Europe also have the most original science and technology and large systematic innovations, while Asia become the global hardware manufacturing and supply chain center because of its huge and efficient manufacturing industry and engineers pool
● Meanwhile, the new geopolitical challenges, and the importance of data security is getting higher and higher. The next generation of hardware driven by data and software needs to consider these long-term challenges in advance. Singapore, as the most culturally diverse and inclusive country in the world, has its unique advantage to incubate the next generation of global hardtech industry leaders.
For the past decade, we have served as venture capitalists and company operators at Kleiner Perkins, where we helped the company create the world's most efficient fuel cells, the most energy-efficient chips and the most powerful drones. We look forward to helping build the world's most unique hard technology ecosystem in Singapore in the future, creating and delivering the best products for people's lives, and becoming the leader of the next generation of hardware technology innovation.