Autonomous Vehicles: A Global Startup Hub Activity Analysis by StartUS Insights

#autonomousvehicles #autonomoustech #startups #startuphubs

In just 20 years, autonomous vehicles (AVs) have now become feasible and viable as a solution for mass urban mobility. Startups and emerging companies have been developing underlying technology-driven support solutions to truly enable self-driving vehicles.

Increasingly, ride-hailing and -sharing services experiment with level 4 autonomy where the driver is not required to pay full attention to the driving but still requires one.

StartUs Insights Platform analyzed the geographic distribution of global activity in Autonomous Vehicles. They identified 22 regional hubs that observe high activity in developing self-driving technologies and solutions across industries like automotive, mobility, manufacturing, and construction to name a few.

According to their data, Silicon Valley, London, New York City, Tel Aviv, and Los Angeles are home to 344 startups and emerging companies accounting for 33% of global activity. Let us have a look at some of the promising AV startups from these 5 top hubs.

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Autonomous Vehicles: A Global Startup Hub Activity Analysis

In just twenty years, autonomous vehicles (AVs) have transformed from being unreliable and 'too futuristic' to becoming feasible and viable as a solution for mass urban mobility. An explosion of ride-hailing services combined with rapid advancements in sensing technologies plays a key role in the progress of AVs.

MicroMobility - US-based Rocketship leads Rs 30 Cr funding in Indian micro-mobility platform Yulu

#fundingalert #startups #startupindia #startupfunding #EV #electricmobility #smartcities #localmobility #micromobility #vc #vcfunding

India’s EV market is estimated to touch $2 billion by 2023, according to TechSci Research.

Bengaluru-based last-mile micro-mobility platform Yulu on Monday announced that it has raised a fresh funding of Rs 30 crore led by US-based VC firm rocketship.vc and existing investors.

Amit Gupta, Co-founder and CEO, Yulu shared “Users find Yulu as the safest mode of commute due to our single-seater vehicles and frequent sanitization. It is becoming increasingly evident that shared mobility platforms like Yulu will lead the large scale adoption of Electric Vehicles in India.”.

This marks rocketship.vc’s first-ever investment in the Indian micro-mobility sector. The VC firm has backed many Indian startups including players Moglix, Khatabook, NoBroker.com, and Locus to name a few.

So far, Yulu has raised more than $20 million in funding from key investors like Bajaj Auto Ltd, Blume Ventures, 3one4 Capital, Wavemaker Partners, and now US-based rocketship.vc, among others. In November 2019, Yulu had received Series A funding of $8 million, led by leading automobile manufacturer Bajaj Auto Ltd.

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US-based Rocketship leads Rs 30 Cr funding in micro-mobility platform Yulu

Bengaluru-based last-mile micro-mobility platform Yulu on Monday announced that it has raised a fresh funding of Rs 30 crore led by US-based VC firm Rocketship and existing investors. According to a statement released by the startup, the new investment will be used for further strengthening the mobility platform, providing technology solutions, and enabling rapid expansion.

Holographic Technology: Samsung Submits Patent Application for VR Eyeglasses To Display Turn-by-Turn Navigation for Drivers

#holographic #holography #technology #automobiles #vr #virtualreality #HUD #startupideas #ar #augmentedreality

The global market for automotive AR & VR solutions is expected to reach about $673 billion by 2025 according to Statista, with a compound annual growth rate of 175%.

Electronics company Samsung came up with a unique solution that may one day help drivers for more safety navigation. The company applied for a patent recently for a pair of virtual reality (VR) glasses that projects turn-by-turn navigation directly onto the lenses in for the driver.

The glasses work like the head-up-display (HUD) in some vehicles that displays information, such as the current speed, directly on the windshield in front of the driver. Instead of projecting the information onto the windshield, it can be sent to a pair of virtual reality glasses that the driver wears while they are navigating a route.

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Samsung Submits Patent Application for VR Eyeglasses That Can Display Turn-by-Turn Navigation for Drivers

Electronics company Samsung came up with a unique solution that may one day help drivers more safety navigate. The company applied for a patent for a pair of virtual reality (VR) glasses that projects turn-by-turn navigation directly onto the lenses in for the driver.

Holographic Technology: WayRay Unveils its First Full Colour Holographic AR Display at CES 2020

#holographic #technology #automotive #ar #augmentedreality #windshield #digitaladvertising

One more interesting startup in holographic technologies is WayRay. WayRay, a holographic display company which has primarily focused on created augmented reality (AR) screens for the automotive industry is at CES 2020 in January 2020 to showcase its latest product, a full-colour display. On top of this, WayRay has revealed new efforts to expand its product offerings into new markets.

Vitaly Ponomarev, WayRay Founder and CEO, explained that in 2020 their Holographic AR Display is updated with an addition of a blue laser, offering a complete RGB experience.

The second collaboration is with Doosan Bobcat, an engineering and manufacturing company which creates compact construction equipment like the Bobcat loader. WayRay wants to add its Holographic AR HUD to Doosan Bobcat equipment, offering operators more information to operate the equipment more efficiently and productively.

Look at the video showing how a front windscreen will look like

WayRay Unveils its First Full Colour Holographic AR Display at CES 2020

WayRay, a holographic display company which has primarily focused on created augmented reality (AR) screens for the automotive industry is at CES 2020 this week to showcase its latest product, a full-colour display. On top of this WayRay has revealed new efforts to expand its product offerings into new markets.

Ayurveda: Baba Ramdev's Patanjali launches Ayurvedic medicine for Covid-19, claims 100% recovery

#ayurveda #covidcure #vocalforlocal #vocalforlocalindia #indianmedicine #alternativemedicine #covid19

Haridwar-based Patanjali Ayurved Limited, a company of Yoga Guru Baba Ramdev and his aide Acharya Balkrishna, on Tuesday launched an ayurvedic medicine to cure Covid-19 infection.

The Yoga guru claimed that the medicine titled 'Coronil and Swasari' is not an immunity booster but a sure shot cure.

“The medicine has healed a Covid-19 patient within 3-7 days. Our clinical trials have proved the efficacy of the medicine to be 100%. We are proud to present the first-ever ayurvedic medicine for the viral infection the world is grappling with. The medicine has been prepared by the combined efforts of Patanjali Research Centre and Nizam I Institute of Medical Sciences," said the yoga guru in a press conference in Haridwar.

Ramdev added that the company conducted two trials of these medicines. The first clinical controlled study took place in cities such as Delhi and Ahmedabad. "Under this study, a total of 280 patients had recovered. The medicines checked the complications and there was no loss of lives," he added.

The Corona kit which will include the medicine will be made available at Rs 545 can be used for 30 days.

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Baba Ramdev's Patanjali launches Ayurvedic medicine for Covid-19, claims 100% recovery

DEHRADUN: Haridwar-based Patanjali Yogpith, a company of Yoga Guru Baba Ramdev and his aide Acharya Balkrishna, on Tuesday launched an ayurvedic medicine to cure Covid-19 infection. The Yoga guru claimed that the medicine titled 'Coronil and Swasari' is not an immunity booster but a sure shot cure.

Funding Alert: Sequoia invests in Singapore quantum computing startup Horizon

#quantumcomputing #technology #startups #programming

Singapore-based Horizon Quantum Computing startup aims to make quantum computing accessible to every developer. It just raised an undisclosed amount funding led by Sequoia India, bringing its total seed money to US$3.2 million.

Founded in 2018, Horizon is developing tools so that programs designed for conventional computers can be automatically adapted for quantum processors.

Horizon said its approach is different. It looks to enable developers to build programs with fewer lines of code and automatically optimize their programs for real processors.

Some deep-tech players in Singapore are also looking to make quantum computing more accessible. One example is Entropica Labs, which is also backed by SGInnovate as well as Wavemaker Partners, among other investors. Another player is SpeQtral, which is developing space-based quantum communication systems.

Citing a study from Boston Consulting Group (BCG) Consulting Group, Horizon said the quantum applications market can reach over US$260 billion by 2050 as adoption picks up.

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Sequoia invests in Singapore quantum computing startup Horizon

All over the globe, there are tens of millions of conventional software developers, with 46 million registered on GitHub alone. However, fewer than 1,000 people globally are capable of developing new quantum applications, Singapore-based Horizon Quantum Computing observed.

Startup Technology: Stamping Out Counterfeit Goods with Blockchain Technology and Internet of Things (IoT)

#blockchain #blockchaintech #startupideas #technology #counterfeits #fakes #seconds #iot #duplicates #pharma #electronics #luxurygoods

Counterfeiting is a massive economic problem that results in billions of dollars in lost business revenues each year, and it exposes corporations to fraudulent materials and defective parts.

Within the global pharma space, between $75 billion and $200 billion in counterfeit drugs are sold each year. In the electronics industry, fake parts cost component manufacturers about $100 billion annually. And in the European luxury goods market, about 10% of all items for sale are counterfeited, representing approximately $28 billion in lost value.

IoT provides unique identification and traceability, and blockchain provides a tamperproof chain of custody information. Pairing them can create a shared, distributed ledger capable of recording the origin, location, and ownership of raw materials and products at each stage of the value chain—giving manufacturers, partners, and customers the transparency and authentication they need. Blockchain with IoT, because of its ability to immutably track and share genealogy across multiple stakeholders, can inhibit counterfeiting in ways that traditional technologies cannot.

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Stamping Out Counterfeit Goods with Blockchain and Internet of Things (IoT)

Over the past year, Boston Consulting Group and Cisco Systems have explored the promise and impact of blockchain and the Internet of Things (IoT). The result is a three-part series that studies the practical applications and economic benefits of using blockchain with distributed IoT networks.

Cloud Technology for FinTech - Banking on the cloud in the face of COVID-19 and beyond

#cloudtech #cloudtechnology #postcovidworld #techonlogy #ai #artficialintelligence #saas

This conversation about use of cloud is now more important than ever, as firms adjust to new realities, including more remote workforces and more digital interactions with customers.

One example of utilising cloud-based tools to accelerate digital transformation efforts is through processing vast amounts of data to reduce development and roll out of new and innovative financial products. For Atom bank, the UK’s first mobile-only bank, success depends on having agility and scalability to develop new solutions and experiences quickly in response to customer demand, while keeping costs low. By embracing the cloud, the challenger bank has been able to move on from on-premise hosted data centres, becoming more responsive to the needs of its customers through new app features or entirely new products and also building more software-as-a-service (#SaaS) and resilient architectures for future innovation.

Similarly, Revolut turned to the cloud to scale at speed without sacrificing stability. Tapping into cloud technology has allowed the organisation to automate updates and maintenance and redesign its slow and costly backup system, whilst maintaining resilience and control over security.

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Banking on the cloud in the face of COVID-19 and beyond - FinTech Futures

Banking on the cloud in the face of COVID-19 and beyond

DeepTech Startups: Cambridge-based VividQ raises another €2.8 million to bring 3D holography to everyday electronics

#startups #holography #deeptech #HUD #smartglasses #ar #augmentedreality #automotive #advertising #3D #technology #startuptech

VividQ, a UK DeepTech company specialising in 3D holography, has today announced raising an additional €2.8 million of funding and closing its oversubscribed seed round. The extra funding came from FLUXUNIT - OSRAM Ventures,, the UTEC - The University of Tokyo Edge Capital and existing angel investors.

VividQ, founded in 2017, aims to transform how we view, interact and connect with the world. It brings real-time ‘computer generated holography’ #CGHH) to everyday applications, creating the most “realistic, immersive and sensational holographic experiences”. In other words, this means that holographic displays could soon be commonplace in our everyday lives, from #AR smart glasses, to in-car head-up displays (HUD).

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Cambridge-based VividQ raises another €2.8 million to bring 3D holography to everyday electronics

VividQ, a UK DeepTech company specialising in 3D holography, has today announced raising an additional €2.8 million of funding and closing its oversubscribed seed round. The extra funding came from FluxUnit - OSRAM Ventures, the University of Tokyo Edge Capital (UTEC) and existing angel investors.

Google Creates a New Source of Traffic With Keen - Search Engine Journal

#Google #Keen #searchtech #searchengine #contentwriters #contentdevelopers

As a new and potentially powerful way to attract more site visitors, Google launches its Keen, which proactively recommends content to users similar to Pinterest for images.

Keen is a machine learning app that actively promotes relevant web pages to users. As your collection grows Keen becomes even better at surfacing the kind of content users are interested in.

It will be very useful tool for researchers, content creators, content developers and writers. It will be better than present system of Google Alerts.

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Google Creates a New Source of Traffic With Keen - Search Engine Journal

Google has quietly announced a content discovery service called Keen. Keen is being referred to as a Pinterest competitor but that's not entirely accurate. Keen is a machine learning app that actively promotes relevant web pages to users. Keen is poised to become a new source of referral traffic, which makes it worthy of investigation.