HP Innovation Journal The Junction Final .pdf
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Title: Innovation Journal · Issue 4 Fall 2016
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Strategically investing in the future
rinting technology advancements are revolutionizing industries, global markets and
the labor force like never before. In
the Industry 4.0 and the Future of
Manufacturing article, (see page 4),
we discuss how 3D printing is disrupting the $12 trillion manufacturing industry. Similar things can be
said about 2D printing’s impact on
textile, packaging, promotions, and The Junction and F2 Capital team with recent Demo Day graduates
even pharmaceutical industries.
From wall coverings to street signs, to
HP Tech Ventures is another example of
milk cartons that alert you to spoiled milk, HP’s open innovation mindset. Working with
to rocket parts, even jawbones, nowadays early-stage startups, accelerators and incualmost anything can be printed. Printing bators enables HP to foster an ecosystem of
technology has advanced so rapidly that innovation around the company’s strategic
practically anything you can imagine will one pillars of growth. Printing being one of those
day be able to be printed. Couple that with key pillars.
the need for faster prototyping, increased
In the printing space, HP is looking at
customization, and a sustainability desire to potential partnerships across a broad array
produce products closer to global customers, of printing and manufacturing applications.
and you can easily see why these advances From smart packaging to textile printing, to
services and security, through to 3D printing
As a long-term leader in printing and applications and technologies, HP is thinking
manufacturing, innovation and rising to the broadly about how new printing applications
needs of markets and customers is at the will transform today’s markets and industries.
heart of everything HP does. HP recognizes HP evaluates partnerships and investments
that to achieve true market disruption it can in early-stage startups by looking at the
easily take a village or two and an open inno- startup company’s team, capabilities, prodvation mindset. In the 3D printing space, HP uct/market fit, and strategic alignment with
has launched the HP Multi Jet Fusion Open HP’s business.
Platform to allow companies to collaborate
New printing startup opportunities can
on material innovations and accelerate time come to HP in a variety of ways including
to market. This is a great example of having through accelerator and incubator partneran open innovation mindset. By recognizing ships. One such relationship HP has is with
that innovation can come from anywhere, seed stage program The Junction in Israel.
both inside and outside a company, HP has The Junction is owned and operated by
broadened their opportunities and created F2 Capital, a leading Venture Capital Fund
dedicated to investing in deep technology
28 Innovation Journal · Issue 7 · Summer 2017
companies and supporting their
growth through the partnership
The HP Tech Ventures team recently had the opportunity to participate in The Junction’s batch #16
‘Demo Day’, an event attended by
investors and corporate partners
during which 5 graduates of the
6-month program presented their
work and roadmap, including a
startup in the printing space.
HP Tech Ventures team was also fully integrated into the selection process for The
Junction’s batch #17 group, to which over 200
startups applied. The HP team was involved
in screening applicants, selecting finalists,
and participating in The Junction Founders
Camp event. This 2-day event featured the
20 finalist teams being reviewed for the 17th
batch of the Junction program. They were
invited to a Kibbutz north of Tel Aviv where
they interacted with an esteemed group of
advisors and corporate partners. The start-up
companies undergo intensive review through
1-on-1 meetings, and pitch sessions with
the different advisors. The HP Tech Ventures
team was a central part of the final decision
committee, selecting 5 companies out of the
20 finalists to join the 6-month program.
During the program term, the HP team
will provide close mentoring and monitor
each startup’s execution, working towards
joint projects, pilots and investment opportunities together with The Junction and F2
It’s through collaborations and partnerships like these that HP will lead the transformation of industries and usher in the next
wave of printing technologies that will disrupt
markets and industries for years to come.