Unlimit Ventures and ID8 Innovation Establish Venture Studio Partnership Focused on AI-Enabled Hardware Innovation

FOR IMMEDIATE RELEASE

Nashville, TN and Los Angeles, CA – May 15th, 2024

Unlimit Ventures and ID8 Innovation are thrilled to announce a strategic partnership aimed at building next-generation companies that employ hardware, software, and artificial intelligence to solve customer pain points and address broader societal concerns. This collaboration will leverage the unique strengths and expertise of both companies to drive innovation in technology with a strict focus on creating lasting value by aligning with evolving end user needs.

Nashville-based ID8 Innovation is an innovation consultancy that transforms ideas into market-ready products, and helps Fortune 500 companies create winning innovation programs. ID8 brings the partnership deep expertise in early-stage entrepreneurial discovery, product development, and innovation strategy. The company’s comprehensive approach to venture building, which comes as a result of its partners’ combined experience from the entrepreneurship and venture capital worlds, will be instrumental in shaping the strategic direction of the new startups.

Los Angeles-based Unlimit Ventures, known for its expertise in building products for high-potential startups inside enterprises, brings a wealth of experience in several engineering fields, advanced robotics, and industrial design. With a proven track record of building successful products across various industries, Unlimit Ventures is well-positioned to drive the development of disruptive new products.

The two companies will soon launch their first venture, which aims to address consumer pains around understanding the quality of the air in their homes.

Statements from Leadership:

Nick Degnan, CEO of Unlimit Ventures, said: “We are excited to combine forces with ID8 Innovation to build transformational products and ventures. This collaboration puts us in a great position to advance our mission of supporting visionary entrepreneurs, driving innovation in high-impact sectors, and shaping the future of technology for the better.”

Mara Lewis, co-founder of ID8 Innovation, added: “This partnership with Unlimit Ventures will create a powerful engine for exciting new businesses that merge hardware, software, and artificial intelligence. We look forward to accelerating the development of transformative products that solve real-world problems.”

For more information about Unlimit Ventures, visit https://www.unlimitventures.com.

About ID8 Innovation:

ID8 Innovation is a specialized consultancy that works closely with Fortune 1000 enterprises to explore new markets and develop new products and services. ID8 team members are experts at helping organizations of all sizes launch new innovation or investment programs for the first time, or optimize existing programs that are feeling stuck. 

For more information about ID8 Innovation, visit https://id8innovation.com/