## AXA Approach to Open Innovation – Fireside Chat with Parul Kaul-Green
Interested to know the AXA approach to **#openinnovation**? On Thursday (during our Digital Scaleup Summit) at 1pm Alberto Onetti will have a LIVE fireside chat with Parul Kaul-Green, CFA, Head of AXA NEXT Lab in Europe. They will discuss the role and goals of AXA Labs and the different investment arms of AXA (AXA Venture Partners and Kamet Ventures) and explore the technology AXA is looking for.
### About Parul Kaul-Green
Parul Kaul-Green is the Head of AXA NEXT Lab in Europe and has been named one of the top 17 powerful women in show tech for 2020. With a diverse background in global management, investment analysis, and strategic consulting, Parul brings a wealth of experience to the field of open innovation.
### AXA Group Approach to Open Innovation
The AXA Group approach to open innovation can be described as a **semi-open ecosystem**. Internally, AXA generates innovation through its 170,000 employees who contribute their resources and capabilities. Externally, AXA collaborates with partners, academia, technology think tanks, and the AXA Research Fund to foster innovation. The AXA Research Fund, a foundation and not-for-profit entity, invests in academic research in areas of interest.
### Collaboration with Startups and Scaleups
AXA works with startups and scaleups in two different ways. At the group level, there is collaboration across entities and markets, focusing on insurtech and digital health. AXA Labs, spread across key ecosystems in London, Paris, Shanghai, and San Francisco, serves as sensors for interesting solutions. These solutions are then connected internally for potential collaboration and investment opportunities.
### Investment Vehicles at AXA
AXA has two major investment vehicles: AXA Venture Partners and Kamet Ventures. AXA Venture Partners is the corporate venture capital unit that invests through funds and direct investments, totaling €425 million. Kamet Ventures focuses on fund-of-fund investments, with €375 million allocated across different stages of investment. The split between direct and fund investments is determined organically based on opportunities.
Join us for this intriguing fireside chat with Parul Kaul-Green as we delve into the world of open innovation at AXA. Don’t miss out on this opportunity to gain insights into AXA’s approach and discover the exciting technology they are looking for.
*This video description is optimized for SEO following best practices. For more information on open innovation, visit [Mind the Bridge](https://mindthebridge.com/open-innovation/). For more information on AXA Next Lab, visit the [official website](https://www.axa.com/en/innovation/innovation/axa-next).*
Interested to know the AXA approach to #openinnovation?
On Thursday (during our Digital Scaleup Summit) at 1pm Alberto Onetti will have a LIVE fireside chat with Parul Kaul-Green, CFA, Head of AXA NEXT Lab in Europe.
He will go through the role and goals of AXA Labs and the different investment arms of AXA (AXA Venture Partners and Kamet Ventures) and also ask her what technology AXA is looking for.