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Category: business – Page 285

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SAN DIEGO, Calif.—()— SLANTRANGE, pioneers of a smarter approach to aerial remote sensing and analytics for agriculture, today announced its $5 million Series A equity financing from a consortium of investors led by The Investor Group, a leading San Diego based investment firm. The funding will accelerate the development and scaling of SLANTRANGE’s proprietary drone sensor and analytics technology to help farmers improve operations amid a rapidly transforming business landscape.

“Farmers are continually seeking ways to improve crop yields with minimal risk. Drones offer an exciting solution, but historically haven’t been built for the precise needs of the agriculture industry,” said Mike Ritter, CEO of SLANTRANGE. “SLANTRANGE delivers on the promise of drones with an intelligence system that combines hardware and software to bring farmers crop information they need to make better operational decisions. This investment enables us to scale our technology and team to meet the soaring demand we’re seeing from the agricultural community in the United States and beyond.”

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“[Using DNA,] you could fit all the knowledge in the whole world inside the trunk of your car,” Twist Bioscience CEO Emily Leproust told TechCrunch.

Twist Bioscience, a startup making and using synthetic DNA to store digital data, just struck a contract with Microsoft and the University of Washington to encode vast amounts of information on synthetic genes.

Big data means business and the company able to gather a lot of it is very valuable to investors and stockholders. But that data needs to be stored somewhere and can cost a lot for the upkeep.

Digital data stored on media also has a finite shelf life. But researchers have discovered new ways to stuff digital information over the last few years – including in our DNA, which can last thousands of years intact.

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Using Google Glass, Augmedix has developed a platform for doctors to collect, update and recall patient and other medical data in real time, technology website TechCrunch reported on Tuesday.

Google Glass is no longer available for consumers but its enterprise business continues to rise especially in the health care sector.

“When you are with doctors without Glass, they are charting and clicking on computers for a lot of the time and not focusing on their patients,” Ian Shakil, CEO of Augmedix was quoted as saying.

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Google innovation lab — where innovators can join; but can never leave.

Google wants to retain its top talent and now has a plan for it! According to a report by TheInformation the company plans on building an in-house startup incubator internally known as Area 120.

This entrepreneurial space will let Google employees develop their ideas, which will be supported and funded by Google. The report further adds that executives Don Harrison and Bradley Horowitz will be managing the incubator. Once the business plan is drafted by employees, teams can work full time on the said project. After some months they get the option to either pitch for more funding and set out as a whole new company, adds the report.

The name Area 120 is reported borrowed by the famous “20 percent time” philosophy that Google follows, wherein it asks employees to invest 20 percent of their time in something they like. With this move, it is possible that the company may be able to encourage employees to work on something new and retain it, rather than lose talent.

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I was talking to someone only last week about this plus leveraging GPU chips.

The United States Defense Advanced Research Projects Agency (DARPA) is advertising for a business to assist it in building a secure messaging app using distributed ledger (Blockchain) technology for the Department of Defense (DoD).

An advertisement for the role appeared on the Defense Business portal and states that there is a “critical DoD need to develop a secure messaging and transaction platform accessible via web browser or standalone native application.”

The said platform would be required to offer separate message creation, from the transfer of the message within a secure courier to the reception and decryption of the message.

Continue reading “DARPA wants someone to build the DoD a new secure Blockchain based messaging platform” | >

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The consumer version of Google Glass smart wearable probably won’t be coming to the market anytime soon, but it seems like the project is far from dead. Namely, one of the startups which came to being after Google originally revealed its hi-tech headset several years ago is now raising new capital in order to bring Google’s optical head-mounted display into more hospitals and other health care facilities. The company in question is Augmedix, one of the ten official “Google Glass for Work” partners. Its main activity is developing software for wearable devices utilized in the medical industry, i.e. co-developing inventions which should make doctors’ lives easier. As Augmedix’s CEO Ian Shakil puts it, the doctors are “engaging with patients in front of them” while his company’s inventions are taking care of the “burdensome work in the background”.

Augmedix managed to raise $17 million of strategic investment capital from five institutions: TriHealth Inc., Sutter Health, Catholic Health Initiatives, Dignity Health, and a fifth, yet unnamed entity. This is the second round of funding the Silicon Valley company managed to secure in just over a year after raising $16 million in 2015. In total, the groups which financed Augmedix’s endeavors represent more than 100,000 health care providers. Naturally, the company can’t yet aim to deliver 100,000 of smart wearables designed for the medical industry, but it’s slowly getting there. Specifically, it’s currently providing equipment and services to hundreds of physicians and surgeons and is hoping to do the same with “thousands” more by 2017. No concrete figures have been provided by Augmedix, though the startup did confirm that it’s currently achieving a “multi-million dollar revenue” on a yearly basis.

What does this all mean for Google Glass? Well, despite the plans for the consumer version of the headset being momentarily dropped by Google, the Work program designed to deliver the said piece of hardware to various industries around the world is still going strong, and Augmedix is one of Google’s key partners in this business endeavor. Google Glass 2.0, officially called Project Aura is currently in development for enterprise applications and it seems like it has a very bright future in the medical industry as Augmedix claims its internal study concluded that close to 100 percent of patients are completely fine with their doctors using augmented reality (AR) headsets. In addition to that, it’s worth noting that Glass is the dominant platform Augmedix sells its services on, so it makes sense that this latest round of funding will see it end up in more heath care facilities in the very near future.

Continue reading “New Funding Could Bring Google Glass To More Hospitals” | >

Good luck convincing business and consumers to buy your autonomous spider-bot.

There are a number of major tech-driven companies that are researching 3D printing technology at a rapid rate, but very few invest as much as time and money into additive manufacturing as Siemens does. Whether they’re building their own €21.4 million metal 3D printing facility or helping 3D printing startups with their endeavors, the global engineering company is betting big within the 3D printing industry. Now, a research team from Siemens Corporate Technology’s Princeton campus has just revealed their latest innovation, the development of autonomous mobile 3D printing devices, which are being called spider-bots.

These unique printing devices, which look like spider-like robots, were almost entirely designed and manufactured by the Siemens Corporate Technology research team. They’re engineered with an extruder similar to the type used with FDM printing, and are able to print in polylactic acid (PLA). The spider-bots are equipped with an onboard camera and a laser scanner as well, which enables them to become aware of the surrounding environment during the print job. Software-wise, they’re all programmed with a modified version of Siemens’ NX PLM software, which is their product development, engineering, and manufacturing software solution. In the near-future, the Siemens research team hopes to utilize these spider-bots within the automotive and aerospace industries.

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