IDEO CoLab Ventures originated as an experimental "CoLab" inside IDEO that combines a venture fund with a design and R&D lab, so they both invest in and actively prototype with startups rather than operating as a stand-alone fund or in-house studio only. The fund operates "Creative Residencies" where independent designers, artists, and technologists are embedded with the fund and its portfolio to explore boundary-pushing applications, and frequently co-creates new ventures in-house before spinning or incubating them with founders.
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