GE invests $2 million in Alchemist Accelerator to back industrial IoT startups
Alchemist Accelerator has raised $2 million from GE Digital to start a new program for industrial IoT startups. Stanford lecturer Timothy Chou, formerly President of Oracle On Demand, will chair Alchemist’s new IIoT accelerator along with GE Digital’s West Coast group. In the past, enterprise hardware and software startups were seen as capital intensive, with the challenge of… Read More Continue reading GE invests $2 million in Alchemist Accelerator to back industrial IoT startups
A startup based in Petah Tikva, Isreal, Airobotics,has scored the right to fly drones autonomously for business purposes in Israel. The Civil Aviation Authority of Israel (CAAI) was the first in the world to authorize commercial, fully unmanned drone flights in their nation’s airspace.
Hardware that responds to voice commands is already out there and probably in your hand or house right now. Whether it’s a smartphone, smart speaker or wearable, it has to connect to the cloud to deliver answers to your questions. Now, a startup called Mythic (formerly known as Isocline) is launching a chip and software that will change all that, putting voice control, computer vision… 
As any fan of Kitchen Nightmares may know, the restaurant business is not for the faint of heart, nor is it likely to generate fat margins. Now, a startup called PlateIQ has raised $4 million in new funding to help restaurants automate accounts payable, and nail all their other accounting work so they can focus, finally, on the food and front-of-house. Eileses Capital led the round… 
An Israeli tech startup called Utilis has taken top honors at Imagine H2O this year, for technology that can detect underground leaks in underground, potable water supply systems through analysis of satellite imagery. Americans waste 1 trillion gallons of water every year thanks to leaky faucets, faulty sprinkler systems and other small systems. Utilis’ tech can find leaks to systems… 
Additive manufacturing startup Carbon is on a mission to help manufacturers and designers cut their costs, waste less energy and materials while speeding up the time it takes to get from concept to product on the market. The company, which has raised $221 million in venture capital, is firing up a new service aimed at contract manufacturers, and other high volume manufacturing businesses,… 
As the legal cannabis industry grows in the U.S., competition for customers is heating up. Now, a startup called Baker Technologies Inc. has raised $3.5 million to become a “salesforce for pot.” Investors in the new round included Michael Lazerow, Base Ventures, XG Ventures, Poseidon Asset Management, Phyto Partners, the founders of Outside Lands, and several other angel… 
Heavy equipment makers Deere & Co., better known as John Deere, have forged a strategic alliance with drone-tech startup Kespry, the companies announced at CONEXPO, an international trade show for the construction industry in Las Vegas on Tuesday. The deal could prove a boon for sales of Kespry’s drones and data analytics software. It could help John Deere tap into a new, high-tech…