Ocrolus Raises $24M to Scan Financial Documents with Computer Vision
[Investing]
2019/07/02 10:39
Ocrolus, a New York startup that taps AI and machine learning to parse financial documents, today announced it has raised $24 million in a series B round led by venture growth equity firm Oak HC/FT. Ocrolus cofounder and CEO Sam Bobley said the fresh capital, which follows a $4 million series A in April 2018 and brings the company’s total raised to about $30 million, will fuel expansion into v...
This Fully Autonomous Concept Car Comes with a Personal Robotic Butler - EXIGEN
[Design]
2019/07/02 10:39
Knowing that self-driving technologies will open many new possibilities in the future, designers bene distler and felix marx have conceptualized a fully autonomous, electric fleet vehicle that services passengers’ storage needs instead. Called EXIGEN, the concept car intelligently adapts in space and storage abilities, even including a personal robotic ‘butler’. the design was created in coo...
(PDF) Mckinsey - Development in the Mobility Technology Ecosystem - How Can 5G Help ?
[Business]
2019/07/01 11:17
Technology-driven ecosystems are emerging in the automotive industry. Here’s what companies need to know about the new automotive technology stack, the players driving this transformation, and the issues they are grappling with.The current whirlwind of disruptions buffeting the automotive world have created a massive value-chain disconnect. When viewed through the lens of tomorrow’s product r...
Booster Raises $56M to Deliver Fuel Directly to Cars
[Investing]
2019/07/01 11:17
Booster, a San Mateo, California-based startup offering same-day fuel delivery service in the U.S., today announced that it’s raised $56 million in series C funding led by Invus.With participation from returning investors Conversion Capital, Madrona Venture Group, Maveron, Perot Jain LP, and Vulcan Capita and new strategic investor Enterprise Holdings. It follows on the heels of a $20 million...
Tech Founders Predict the Next Wave of Startup Growth
[Investing]
2019/07/01 11:17
Today’s tech founders have unique insights into the evolving arena of innovation and are keenly aware of why some companies succeed more than others. Many have worked with multiple startups and have gone on to invest in successful tech unicorns.This week’s chart comes from First Round’s State of Startups 2018 survey, in which 529 founders shared their predictions on the tech startups best po...
''Bye Bye Camera' App Uses AI to Erase People from Your Photographs
[Product]
2019/07/01 11:17
Bye Bye Camera is an iOS app built for the “post-human world,” says Damjanski, a mononymous artist based in New York City who helped create the software. Why post-human? Because it uses AI to remove people from images and paint over their absence.“One joke we always make about it is: ‘finally, you can take a selfie without yourself,’” Damjanski tells The Verge.The app costs $2.99 from the...
New Chapter ? UK Print Book Sales Fall While Audiobooks Surge 43%
[Business]
2019/07/01 11:16
Publishers hit by surprise 5.4% fall in 2018 – but warn against proclaiming terminal decline.[Despite the success of bestsellers such as Michelle Obama’s Becoming, physical book sales fell by nearly £170m last year. Photograph: Richard Drew/AP]UK book sales fell for the first time in five years in 2018, despite the success of bestsellers such as Michelle Obama’s autobiography, Becoming.The...
Dutch Company Develops Partly Solar Powered Car - The Lightyear One
[Product]
2019/07/01 11:16
The Lightyear One is a car with solar panels stretching across its roof to charge the electric vehicle's batteries. But whether it's really a "solar powered car" depends on how you drive it.The car, created by Dutch startup Lightyear, has a charging port to plug into a charger. But the solar panels can charge the Lightyear One's batteries at a rate of about 7.5 miles of charge every hour. That'...
The Samsung Galaxy Stick Smartphone has a Rolling Display Like LG's TV
[Design]
2019/07/01 11:15
Combining technologies that aren’t outside the realm of possibility, the Samsung Galaxy Stick makes perhaps the best use of a flexible display. It rolls it up into a smart, dynamic scroll, making the Samsung Galaxy Stick perhaps the most interesting smartphone concept of 2019.The scroll-esque screen is a hat-tip to Samsung’s advancements in flexible OLED displays, and when not in use, it roll...