Customer data science specialist dunnhumby has launched dunnhumby Incubate, a new program offered through its venture investing arm, aiming to discover and support entrepreneurs using AI, unique data assets and emerging tech to 'build the future of retail.'
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dunnhumby ventures was established a dozen years ago this month, and has backed a number of analytics, targeting and retail tech firms, the most recent being product data specialist Harmonya. The parent firm also added an in-house tech accelerator called dunnhumby Labs, in 2019.
dunnhumby Incubate's offer for early-stage companies working in data science, AI, retail tech and CX includes the potential to collaborate with the company's experts and global clients, and invites ideas via a submissions portal; while an internal innovation sourcing gateway called dh Incubate Competition will do the same for ideas generated within the company.
Initially, the company will look for ideas in the areas of marketing mix optimization, AI-driven innovation concept development and testing, automated content creation, and consumer insights driving real-time customer segmentations. It also wants to focus strongly on sustainability, health and wellness. Leo Nagdas, Head of dunnhumby ventures comments: 'If you're an experienced entrepreneur with a great idea which you'd like to accelerate with dunnhumby's unparalleled retail expertise, resourcing, and go-to-market support - you are the perfect candidate for the Incubate portal.'
Web site: www.dunnhumby.com .
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