Corporate VC-as-a-Service:
For Corporations, Family Offices and Growth Ventures, in particular in financial services
Mandalore Partners is a (Corporate) Venture Capital-as-a-Service
That de-risk innovation programs with strategic, financial and impact investments
Because we combine global AI sourcing with a unique asset-builder approach to scale technologies companies with corporate ventures
Photograph by Patrick T. Fallon/Bloomberg—Getty Images
The airline has startups in its radar.
There’s no shortage of established non-technology companies that are flocking to Silicon Valley to invest in the next Uber or Airbnb. For example, Campbell’s Soup just started a venture capital fund as did Sesame Street-creator Sesame Workshop.
JetBlue Airways announced in February that it too would create a venture capital arm and plant it in Redwood City, Calif., just miles from tech giants like Google, Facebook, and Apple. But some may argue that the airline is late to corporate investing in tech startups.
In the first quarter of 2015, 106 different corporate venture capital arms invested in U.S. startups, representing a 82% jump from the same quarter three years earlier, according to data from CB Insights. Whether they’ll end up making money or losing their shirts is anyone’s guess.
Fortune sat down with JetBlue CEO Robin Hayes and the president of JetBlue Technology Ventures, Bonny Simi, for an exclusive interview. They explained how the company hopes to use its investing to identify cutting edge technology that could help it with its call centers and customer service, bring virtual reality air travel entertainment, and improve its computer security.
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