VCs Invest Near-Record $35B In Startups, Minting 22 New Unicorns in Feb 2021
[Investing]
2021/03/14 09:07
Venture funding in February 2021 continued at a strong pace, tracking at just under $35 billion, or an average of $1.7 billion invested on a global basis each working day, according to Crunchbase data. So far, December 2020, January 2021 and February 2021 have been the three peak funding months of the past two years. February followed a record funding month in January 2021, and came in just shy...
Perfecting The Indoor Strawberry: Vertical Farmer Oishii Lands $50M Series A
[Investing]
2021/03/14 09:06
Vertical farming is having a moment, and Oishii is leading the way with its innovative farming techniques used to perfect the strawberry.The New York-based company raised $50 million in Series A funding, led by SPARX Group’s Mirai Creation Fund II , to expand its farming footprint outside of Manhattan and invest in further R&D of the strawberry and other flowering fruits, co-founder and CE...
Institutional Crypto Trading on Coinbase Reaches Record Volume
[Investing]
2021/03/14 09:05
Institutional trading volume on Coinbase has increased more than fivefold since Q1’2018 ($11B), reaching $57B in Q4’2020.- Despite the surge in institutional volume, retail volume has not reached the high set in Q1’2018- Coinbase’s Institutional Volume Surges Alongside Bitcoin’s PriceAs Coinbase prepares to go public with a direct listing on the Nasdaq, the company has released its S-1 fil...
Burberry’s Sale Rebound Sparks Hope for Luxury Retail
[Investing]
2021/03/14 09:04
Burberry expects Q4 sales to be 28 to 32 percent higher than the same period last year, reinstalling confidence in the luxury industry. Global luxury demand is finally recovering, and the British fashion giant seems eager to share the good news.Ahead of the financial year end on March 27, Burberry issued an unscheduled trading update forecasting that full-year profits would be ahead of expectat...
(Video) Origami-Inspired Collapsible Syringe - The Helix
[Design]
2021/03/14 09:03
Researchers at the Billions of needles and syringes are used each year, including needles used for injections made by those who are healthcare professionals and those Billions of needles and syringes are used each year, including needles used for injections made by those who are healthcare professionals and those who are not. When improperly disposed of, needle and syringe waste can create a se...
(Patent) Apple Patents Auto-Diffusing Flash for Future iPhone Cameras
[Tech]
2021/03/11 09:10
Future iPhone cameras may contain a flash that automatically adjusts and diffuses its light to better capture objects at different distances from the lens.If camera flashes were better, Apple might not need to have spent so much time creating Night Mode. As it is, a flash can over-illuminate some objects in a photo, while not illuminating others at all.The result can be a flattening of the imag...
(PDF) Bain - SPACs : Tapping an Evolving Opportunity
[Investing]
2021/03/11 09:09
Here’s how the controversial explosion in special-purpose acquisition companies is unfolding.- SPACs took the IPO market by storm in 2020, and private equity firms were right in the mix.- But SPAC economics, which favor sponsors and premerger shareholders, have raised serious questions about long-term performance.- Market demands for better long-term incentives are turning up the heat on spons...
(Paper) Energy-Harvesting Shirt Generates Electricity from Sweat and Movement
[Tech]
2021/03/11 09:07
The wearable microgrid shirt can power an LCD wristwatch, among other devicesUniversity of California-San Diego.When it comes to renewable energy, many cities combine multiple sources, such as solar panels and wind turbines. Scientists have now taken a similar approach with a "smart" shirt that generates electricity via both sweat and movement.Created by a team at the University of California-S...
Chinese EV Startups' Sales Accelerate Despite Pressure from Tesla
[Business]
2021/03/11 09:07
Unfazed by US rival's price cuts, Nio, Xpeng and Li Auto seen profitable in 2022. The U.S.-listed shares of Nio, Xpeng and Li Auto have surged over the past year, pushing their valuations higher than some of the world's biggest automakers.China's emerging electric vehicle brands have reported strong sales and narrowed losses last year despite Tesla's aggressive pricing strategy to gain customer...
(PDF) BCG - Unlocking Value with Location Intelligence
[Business]
2021/03/11 09:06
Today, many companies are struggling with multiple challenges. They are working to provide engaging, more personalized customer experiences that offer compelling reasons for customers to come back often and buy more products and services. At the same time, companies are seeking higher levels of operational efficiency to maintain profit margins in increasingly competitive markets in virtually ev...
Autonomous Flying Rescue Vehicle by Dassault Systemes Rapidly Transfers Patients
[Design]
2021/03/11 09:05
During the COVID-19 pandemic in march 2020, a small team composed of a designer, mechanical engineer and doctor started collaborating virtually on a solution to rapidly and safely transport patients from home to hospital and onwards to further afield medical centers if needed. Named the e-way rescue roadster, the concept for an autonomous and flying vehicle was developed using dassault systemes...
Where the Rich Are Getting Richer Around the World
[Investing]
2021/03/11 09:04
How income inequality compares globally.The World Inequality Database, built by an international network of more than 100 academics, including Thomas Piketty and Nobel Prize winner Abhijit Banerjee, makes it possible to compare income inequality in 173 countries. The estimates are based on a mix of sources, including tax data, surveys, and national and other statistics. Launched in 2011, the da...
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