French Robotic Exoskeleton Maker Wandercraft Raised $45M
[Investing]
2022/01/21 09:08
The technology hasn't lived up to expectations. But a new round of funding and an ambitious plan may change that.A company that develops self-balancing personal and therapeutic exoskeletons has just closed $45 million equity financing. The series C breathes fresh life into a technology class that's been much hyped but has struggled to break out of niche markets.Founded in 2012, Wandercraft, bas...
(PDF) Mckinsey - Stores as a Strategic Asset in Omnichannel Retail
[Business]
2022/01/21 09:07
Incumbent omnichannel players are seeking ways to compete with same-day delivery speeds. There are four key places to start.Consumer expectations for online delivery speed and costs have been driven by players such as Amazon. Market leaders, including Amazon, Alibaba, and JD.com, recognize the importance of delivery speed and costs in the consumer decision journey and use their capabilities and...
To Create Its First AR Exhibition, Otago Museum Looked In-House
[Business]
2022/01/21 09:06
Augmented reality (AR) has proven itself over the past two years to be a go-to solution for institutions hoping to engage audiences over lockdowns or to breathe new life into physical exhibitions, particularly to lure visitors back to in-person participation. [Developed entirely by the museum, Plunge demonstrates the agility and in-house expertise that Otago has effectively cultivated. Image: O...
Award-Winning Minimal Weighing Scale Folds Down to a Fraction of Its Original Size - Bifur
[Design]
2022/01/21 09:05
A Gold Winner in the Professional Cooking Category at the Parmigiano Reggiano Design Challenge 2021, Bifur is a nifty little compact scale that comes in the shape of a foldable trivet-style structure and also packs a kitchen timer in it. Designed to be small yet effective, and the kind of tool that becomes indispensable around the kitchen, the Bifur lets you measure the weight of ingredients du...
Refillable Toothpaste Dispenser Makes Teeth Cleaning More Sustainable
[Product]
2022/01/21 09:04
The dispenser is made from aluminium and recycled plastic and it refilled through biodegradable capsules.There is almost no aspect of our lives that can’t be made at least a bit more sustainable – and a good place to start is in the bathroom. Once you have purchased recycled toilet paper and a bamboo toothbrush, the next step may be toothpaste. Around 1.5 billion toothpaste tubes end up in la...
(Infographic) Visualizing America’s Electric Vehicle Future
[Business]
2022/01/21 09:03
The U.S. is accelerating its transition to electric vehicles (EV) to address climate change. However, obtaining the minerals and metals required for EV batteries remains a challenge.In this infographic from Talon Metals and Li-Cycle, we explore the country’s strategy to have vehicles, batteries, and key parts be made in the United States.Then, we look at how this strategy could be fueled by do...
(Video) Former SpaceX Engineers Raised $50M to Build a Tesla for Freight Trains
[Investing]
2022/01/20 09:10
Parallel Systems, a company founded by three former SpaceX engineers to build autonomous battery-electric rail vehicles, came out of stealth mode on Wednesday with a $49.55 million Series A raise. The company, which has raised $53.15 million to date, including a $3.6 million seed round, is working to create a more efficient, decarbonized freight network that flows on top of existing railway inf...
(PDF) Mckinsey - Creating a Competitive Edge in Omnichannel Grocery Fulfillment
[Business]
2022/01/20 09:09
The time is now for grocery retailers to optimize their omnichannel grocery operations to take full advantage of market opportunities.The rise of omnichannel during the pandemic—fueled, in large part, by the meteoric rise of e-commerce—is no passing fad. In the United States, for example, online-grocery sales penetration as of June 2021 was three times above prepandemic levels, rising from lo...
Adidas is Taking The Court to the Ocean for Its New Collection with Parley Ocean Plastic
[Business]
2022/01/20 09:08
On the occasion of the australian open, adidas and parley for the oceans have set up a giant full-size sustainable tennis court in the middle of the great barrier reef. Raising awareness about plastic entering the oceans, the court — made entirely from recycled plastic materials — floats atop the surface of a barge that regularly travels through the reef completing environmental marine constr...
(M&A) Microsoft Makes a Move - Buying Gaming Company Activision Blizzard.
[Investing]
2022/01/20 09:07
Just last week we were discussing how fast the video game industry was growing, exploring why Zynga — the maker of FarmVille — was to be acquired for almost $13bn.Well this week Microsoft went one further, announcing a deal to acquire gaming giant Activision Blizzard, the studio behind games like Call of Duty and World of Warcraft, for $68.7bn — more than 5x the value of last week's Zynga de...
Turing Labs, Which Uses AI to Help Formulate CPG Products, Raises $16.5M
[Investing]
2022/01/20 09:06
Working remotely has become the norm for a lot of desk-based employees, and there have been a number of tech companies that have seen their business explode in catering to that shift. But today comes news of a different kind of startup called Turing Labs, which is addressing the same challenges, but as they apply to people who work in laboratories. It has now raised $16.5 million in funding on...
(Infographic) Post-Pandemic Spending Report
[Consumer]
2022/01/20 09:05
If you were fortunate enough to keep your job during the pandemic, you probably noticed a financial benefit: you spent less. Amid restrictions, credit card spending on fun activities—like going out for dinner—became less frequent.Looking ahead, the majority of Americans plan to continue at least one budget change post-pandemic, including eating out less (49%), buying fewer clothes and shoes (...
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