Ecosystm acquires AI Enabled Innovation Platform CoVentured

SINGAPORE - June 27, 2024 - PRLog -- Ecosystm, a global leader in technology research & advisory has further enhanced their customer roadmap with the acquisition of AI-enabled Innovation Platform CoVentured, an Australian Headquartered global business that powers innovation and technology discovery programs for leading enterprises, venture builders, investors and governments. With the acquisition Ecosystm brings over 175 of the world's leading enterprises and technology innovation companies together with CoVentured's global list of corporates, VCs, partners and networks, to support strategic roadmaps, go to market execution and digital transformation blueprints.

The acquisition further enhances Ecosystm's mission to ensure clients have access to research and advisory across innovation and transformation strategies, a more accessible and relevant offering for customers. The acquisition complements Ecosystm's full stack research, advisory and consulting business and adds global client roster including Unilever, BP, Nike, Lululemon, Pfizer, and Commonwealth Bank.

Amit Gupta, Group CEO & Founder, Ecosystm Group added, "With the rapid pace of technology shifts, it becomes even more critical to make innovation accessible for business innovation. This strategic acquisition underscores our commitment to continuously evolve Ecosystm's value proposition for our customers through data insights. CoVentured's world-class scouting and discovery platform will create new opportunities for us, while enabling our clients to accelerate their innovation journeys in ways that were not possible before."

"CoVentured's unique platform perfectly complements our research and consulting services to provide clients a distinct competitive advantage," said Ullrich Loeffler, CEO and Co-Founder of Ecosystm. "With their innovative technology platform integrated into our offerings, we can now give our clients a strategic headstart by connecting them with cutting-edge innovations and potential partners they may never discover through conventional methods."

"We are thrilled to join forces with Ecosystm and bring our pioneering innovation scouting platform to a combined global client base," said Anthony Johnston, CEO of CoVentured. "By combining our discovery engine with Ecosystm's deep market intelligence and advisory expertise, we can supercharge how enterprises identify and capitalise on emerging innovations to solve their toughest challenges."

The acquisition of CoVentured marks another milestone in Ecosystm's journey of expansion, and ethos of disruption and innovation. Ecosystm previously launched the AI enabled enterprise platform, Kampd to enable communities of like-minded people to enable social learning at scale.

For more information about Ecosystm and CoVentured, please visit www.ecosystm.io and www.coventured.com.