Venturing finds its core service.
As economies grow and develop, what is considered a utility, or basic service, becomes increasingly broad.
But even as internet connections arguably join gas, water, electricity and telecoms as core services, the utilities sector is facing pressure to innovate technologically and disrupt established business models.
This is leading to a resurgence of corporate venturing across the globe in the utilities sector.
And utilities, historically the most volatile supporters of corporate venturing compared with other sectors, are looking to apply…