Seed to Harvest

One Ring to Rule them All: Why We Invested in Lotus with CEO Dhaval Patel | Ep 76

September 11, 2023 Paige Finn Doherty Episode 76
Seed to Harvest
One Ring to Rule them All: Why We Invested in Lotus with CEO Dhaval Patel | Ep 76
Show Notes

Today, I'm joined by Dhaval Patel, Founder and CEO of Lotus, a Techstars portfolio company, that makes a wearable ring to control objects at home by pointing. Unlike traditional smart home tech - no rewiring, no app, no internet. Lotus' mission is to build tech that is usable by everyone, by optimizing for disability. Previously, Patel was the VP of Hardware at PillDrill and an engineering manager at Apple for 8+ years.

Seed to Harvest is a podcast focused on stories & tactics from a diverse array of investors, founders, and creators, hosted by Paige Finn Doherty, a founding partner at Behind Genius Ventures and author of Seed to Harvest, an illustrated children's book for adults.

Connect with Paige 🌱💜

Behind Genius Ventures blog | https://www.behindgeniusventures.com/

Personal Blog | https://paigefinndoherty.com/

Twitter | https://twitter.com/paigefinnn

00:00 Welcome to Seed To Harvest: Dhaval Patel
01:25 what problem is Lotus solving?
04:38 Dhaval improving at storytelling
06:54 Dhaval’s investor updates
12:25 early days of building Lotus
16:01 principles at Lotus
19:30 raising venture financing
24:26 working with BGV
29:20 why did BGV invest in Lotus?

Show notes:
Dhaval Patel | https://www.linkedin.com/in/dhaval-c-patel/

Lotus | https://www.lotuslabs.org/

The Pitch | https://www.thepitch.show/guests/dhaval-patel-lotus/

Open | https://www.amazon.com/Open-Autobiography-Andre-Agassi/dp/0307388409

Mei Lin Ng | https://www.linkedin.com/in/meilinng/

Shail Mehta | https://www.linkedin.com/in/shail-mehta-7b500712/

Andy Hoang | https://www.linkedin.com/in/andy-hoang-93067226/?originalSubdomain=ca

The Pitch Show: Lotus Episode | https://www.youtube.com/watch?v=BPoYkU6r5bw