Midwich launches new investment arm at ISE 2024

Midwich launches new investment arm at ISE 2024
Global AV distribution group Midwich has launched Ignite, a new corporate venture capital arm, which will invest in, and support, entrepreneurs within the industry.

Focusing on investments in high-growth start-ups and scale-ups within AV and the wider technology ecosystem globally, Midwich Ignite will operate as a standalone enterprise and will use the Group’s connections and expertise garnered over 45 years. 

Midwich Ignite is seeking to invest in forward-thinking companies shaping the future of the industry. Key sectors include emerging AV technologies, smart and connected spaces, hospitality and event technology, and robotics and automation. 

Alex Kemanes, MD of Midwich Ignite, said: “Having worked in the AV industry for many years, both as a value-add distributor and as an investor, I am excited to be heading up this new venture, bridging the gap between finance and deep industry knowledge to help drive innovation in our industry and support those entrepreneurs who are at the forefront of technological transformation.” 

Stephen Fenby, MD of Midwich Group, added: “Midwich is deeply embedded in the AV industry, with thousands of customers and vendors, and a large, knowledgeable, and highly connected team. Midwich Ignite gives us the opportunity to promote innovation in the industry by leveraging our extensive capabilities.”


image: Lemonsoup14/shutterstock

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