Emerson Planning to Invest $100M Investment in Startups by 2026

Ferguson-based Emerson Electric (NYSE: EMR) is planning to boost its corporate venture capital investment by providing $100 million to early stage companies over the next five years.

The industrial giant plans to invest in four to six startups per year over the next five years.

Priority will be given to startups and technologies in areas of discrete automation solutions, environmentally sustainable technologies and industrial software.

Check out the full story by Nathan Rubbelke on STL Inno.