Hypertherm introduces new corporate venture capital arm

Photo courtesy of Hypertherm.

Hypertherm, a Hanover, N.H.-based manufacturer of industrial cutting systems and software, announces the formation of Hypertherm Ventures. This new corporate venture capital (CVC) arm will help to foster greater interaction with the technology venture community.

The venture capital arm seeks partnerships with universities, startups, entrepreneurs, and early-stage companies to commercialize advanced manufacturing technology in strategic interest areas including industrial cutting, welding, and thermal processing; robotics and automation; machine learning and augmented intelligence; IIoT; AM/3-D printing; and nanotechnology.

Hypertherm will support venture partners through its expertise with advanced technology development, engineering, complex supply chain management, global service and distribution networks, as well as a track record of marketing and selling new products.