Hardware Podcasts

An Interview with Eric Klein

The Amp Hour · 8 Jun 2020 · 1h 18m · Episode 495

What this episode covers

Eric Klein, partner at Lemnos Labs, discusses the state of hardware venture capital, explaining why VCs have shifted away from consumer electronics toward industrial and applied robotics due to lower risk and higher margins. He highlights specific investments like Dishcraft, which automates restaurant dishwashing, and Elroy Air, which develops autonomous air cargo delivery, illustrating how falling component costs enable new markets. Klein emphasizes that successful hardware founders must combine technical expertise with strong storytelling and business acumen, noting that investors prioritize the team's ability to navigate the 'fog of war' over perfect prototypes.

Most relevant to

large enterprises

Topics

Mentioned

Companies
Lemnos Labs, Dishcraft, Elroy Air, Zipline, Marble, Starship, Electrify
Products
Velodyne, KUKA, Lincoln Electric, Hobart
Also
Supercon

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