CBInsights: 5 Top Emerging Digital Twin Startups Impacting Industry 4.0

#digitaltwins #ai #ml #artificialintelligence #machinelearning #startups #industry4.0

Using StartUs Insights Platform, covering 1.116.000+ startups & emerging companies, they looked at innovative digital twin application areas for Industry 4.0. For this research, they identified 169 relevant solutions and picked 5 to showcase below. These companies were chosen based on a data-driven startup scouting approach, taking into account factors such as location, founding year, and technology among others.

MEIK LABS, Digital Construction Works, MetaTwin, Tunnelware, and Allvision IO develop 5 top solutions. Learn more in their Global Startup Heat Map!

5 Top Emerging Digital Twin Startups Impacting Industry 4.0

Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on solutions for Industry 4.0. As there is a large number of startups working on a wide variety of solutions, we want to share our insights with you. This time, we are taking a look at 5 promising digital twin startups.

Indian Startup Stories: With partners like Delhivery and Shadowfax, Delhi-based startup Pickrr is simplifying logistics

#startups #startupindia #logistics #aggregators #startupstories #startegy #covid19 #founders #ai #ml #artificialintelligence #machinelearning

The logistics sector earned infrastructure status in 2017 when its market size was estimated at $160 billion. According to IBEF, the Indian logistics market was expected to reach $215 billion by 2020, logging a 10.5 percent CAGR over 2017.

Founded by IIT graduates Rhitiman Majumder, Gaurav Mangla, and Ankit Kaushik in August 2015, Pickrr aggregates various logistics players in the country, delivering to more than 26,000 pincodes and adding more every day.

Pickrr uses artificial intelligence (AI) and machine learning (ML), specialising in air express, surface express, fulfilment and warehousing, and reverse logistics. Some of Pickrr’s clients include Bosch Household Appliances, Snapdeal, DenSnapdeal, 1mg, Bombay Shaving Company, Shopify, and Archies, among others. On the logistics side, it has partnered with Delhivery, Xpressbees (BusyBees Logistics Solutions Pvt. Ltd.), BlueDart, DTDC, Ecom Express Private Limited, FedEx, and Shadowfax, among others.

Currently, the logistics startup processes more than 50,000 orders per day; they are managed by a team of 24 employees.

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With partners like Delhivery and Shadowfax, Delhi-based startup Pickrr is simplifying logistics

The logistics sector earned infrastructure status in 2017 when its market size was estimated at $160 billion. According to IBEF, the Indian logistics market was expected to reach $215 billion by 2020, logging a 10.5 percent CAGR over 2017. However, the sector continues to remain highly fragmented and unorganised.

Venture Capital: Facebook co-founder's B Capital Group closes its second fund at $820M

#startups #starupsfunding #vc #vcfunding #founders

B Capital Group, a US and Singapore-based investment company have announced the closing of its second $820 million venture fund to invest in growth-stage startups that are disrupting large industries and quickly scaling up.

Founded in 2014 by Raj Ganguly, and Facebook co-founder Eduardo Saverin, B Capital Group invests in #enterprise technology (including #SaaS, #AI / #ML infrastructure, and security), #fintech, #healthcare #technology, customer supporting technology, #transport, and #logistics into #B2B and #B2B2C businesses. The company usually invests between $10 and $60 million in Series B, C, and D businesses poised to grow rapidly.

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Facebook co-founder's B Capital Group closes its second fund at $820M

B Capital Group, a US and Singapore-based investment company have announced the closing of its second $820 million venture fund to invest in growth-stage startups that are disrupting large industries and quickly scaling up. Founded in 2014 by Raj Ganguly, and Facebook co-founder Eduardo Saverin, B Capital Group invests in enterprise technology (including SaaS, AI...

Startup Funding Alert: French-American AI startup Owkin closes $18 million Series A to make medical research more collaborative - Tech.eu

#startups #fundingalert #startupfunding #medicalresearch #researchtech #pharmaceuticalsciences #ai #artificialintelligence #ml #machinelearning #biotech

Owkin, a French company applying machine learning to medical research, has secured $18 million in funding from Mubadala Capital and Bpifrance, through the bank’s Large Venture fund. This Series A extension brings the startup’s total amount raised to $70 million.

The AI platform connects data scientists, clinicians, academic researchers and pharmaceutical companies to create global datasets and encourage collaborative research, all the while protecting patient data within a hospital’s local infrastructure. This ‘medical research ecosystem’ consists of four tools: Owkin Loop (the network), Owkin Connect (the technology infrastructure), Owkin Studio (the AI software tool) and Owkin Lab (the expertise).

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French-American AI startup Owkin closes $18 million Series A to make medical research more collaborative - Tech.eu

Owkin, a French company applying machine learning to medical research, has secured $18 million in funding from Mubadala Capital and Bpifrance, through the bank's Large Venture fund. This Series A extension brings the startup's total amount raised to $70 million. The AI platform connects data scientists, clinicians, academic researchers and pharmaceutical companies to create global ...

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.

Help a Startup: New Microsoft programme Azure Farmbeats to empower agritech startups in India

#startups #agritech #startupindia #startupbharat #ai #artificialintelligence #ml #machinelearning

Microsoft launched a new programme to help agritech startups in India build industry-specific solutions, scale and grow with access to deep technology, business and marketing resources.

The programme offers support to Series C startups that can boost their businesses with Azure benefits (including free credits), unlimited technical support and help with Azure Marketplace onboarding.

Agritech startups that are looking to create digital agriculture solutions have the opportunity to co-build customized solutions with Azure FarmBeats without investing in deep data engineering resources.

Available on the Azure Marketplace, Azure FarmBeats enables aggregation of agricultural datasets across providers and generation of actionable insights by building artificial intelligence (AI) and Machine Learning (ML) models based on fused datasets.

Growing at the rate of 25 per cent year-on-year, the country currently hosts more than 450 startups in the agritech sector, according to a recent Nasscom report.

Agritech startups in the country received more than $248 million funding in the first half of 2019, a growth of 300 per cent as compared to the same period in the previous year.

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New Microsoft programme to empower agritech startups in India | The Rahnuma Daily

New Delhi, June 3 (IANS) Microsoft on Wednesday launched a new programme to help agritech startups in India build industry-specific solutions, scale and grow with access to deep technology, business and marketing resources. The three-tier programme offers tech and business enablement resources to Series C startups that can boost their businesses with Azure benefits (including free ...

Growing a global SaaS business - the LogiNext way

Source: YourStory Media

Author: Sindhu M V

In January 2020, transportation automation company LogiNext raised $39 million as a part of its Series B funding, led by marquee investors Tiger Global Management and Steadview Capital. With this, the startup took the total tally of its investments to $50 million, which includes the $10 million it raised as a part of its Series A round, led by Paytm and Alibaba.

The end-to-end logistics management #SaaS platform, LogiNext, enables automated order management, predictive capacity planning, real-time route optimisation, dispatch automation, transparent customer experience, and post-delivery processing and analytics of #B2B transportation or #B2C delivery business.

Mentored by a team of founding engineers of Google and Google Maps during their time at Carnegie Mellon University, co-founders, Dhruvil Sanghvi and Manisha Raisinghani witnessed first-hand the journey of #AI and #ML from being just buzzwords and research topics at university during the early 2010s to being used in applications and technologies two-three years later.

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Growing a global SaaS business - the LogiNext way

Serving 150+ enterprises, LogiNext has quickly become a household name in the global retail and transportation industry. Apart from building the platform as an experience differentiator, LogiNext's growth has been catapulted by its ability to leverage niche and domain specific channel partnerships

Startup Ideas - Blockchain based distributed super-computing technologies

As the quantum of information and also required computing power for #AI and #ML applications has been increasing, there is a need everywhere for faster computing power, which may be costly affair. However, #blockchain technology allows to increase computing power without huge investments in the computing infrastructure. In fact, #blockchain technology can be used to create a super computer by sitting in our office from combining the computing power of all idle computing capacity of desktops, laptops and mobiles located anywhere in the world by using distributed #blockchain technology.

The persons making available these computing capacities are paid based on PoW (Proof of Work) basis. So our old computers or laptops in the backyard or idle capacity during night time can be used to get additional revenues. Of course, the trade off is between revenues and electricity bills for power consumption.

One such white paper can be downloaded from https://conun.io

OCD drug designed by artificial intelligence

#AI and #ML have so many unexplored opportunities for #startups to help big Pharma companies to reduce the time to discover new drugs.

Read an example

Two pharmaceutical companies have embarked on a brave new world, having begun human testing for the first time on a drug treatment for obsessive-compulsive disorder (OCD) designed by artificial intelligence.

British #startup Exscientia and Japan’s Sumitomo Dainippon Pharma used artificial intelligence to create the drug in less than 12 months, cutting four years from the average time it takes ordinary humans to develop a medication.

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'Cutting-edge science': OCD drug designed by artificial intelligence

Two pharmaceutical companies have embarked on a brave new world, having begun human testing for the first time on a drug treatment for obsessive-compulsive disorder designed by artificial intelligence. British startup Exscientia and Japan's Sumitomo Dainippon Pharma used artificial intelligence to create the drug in less than 12 months, cutting four years from the average time it takes ordinary humans to develop a medication.