The Q3 2021 Global Venture Capital Report: Record Funding Trend Held Strong
[Investing]
2021/10/11 09:10
New funding records. Prior to 2021, global funding had not reached over $100 billion in a single quarter.Funding in 2021 has far superseded that amount, with the first quarter tracking at $135 billion, the second quarter reaching $159 billion, and the most recent quarter peaking at $160 billion.Super-sizedLarger fundings dominated, with $103 billion (64 percent) invested in 400 companies that r...
(Patent) Apple Eyes a Patent for Controlling Electronic Devices Based on Wireless Ranging
[Tech]
2021/10/11 09:09
U.S. patent application, US20210307093, discloses a method for controlling electronic devices based on wireless ranging. The method includes a wireless communication device identifying an intent gesture performed by a user indicating the intent to control an object, determining the associated object using wireless ranging and/or device orientation, interpreting sensor data from one or more sens...
China’s Beauty Market is Expected to Hit $57 Billion by 2040
[Business]
2021/10/11 09:08
According to consulting agency NellyRodi and luxury data company Luxurynsight, China’s beauty market is expected to hit $40 billion this year and grow to $57 billion by 2040. The two firms noted that despite the surging popularity for local brands, international giants such as L’Oréal, Procter & Gamble, and Estée Lauder still command 30 percent of the market. The report offers a more co...
Masterworks Raises $110M to Sell Fractional Shares of Physical Art
[Investing]
2021/10/11 09:07
As investors look to diversify their holding amid exceptionally top-heavy traditional asset markets, more tech-enabled platforms are popping up to make the case for their alternative investment platform of choice.Masterworks, a startup that sells fractionalized shares of paintings and other works by famous artists, has achieved a unicorn valuation as it looks to corner the market on bringing fi...
(PDF) Mckinsey - Electrifying The Bottom Line
[Business]
2021/10/11 09:06
Electric-vehicle sales are increasing, yet many OEMs are still defining their path toward profitability. Our new report helps automotive leaders improve their EV business strategy.Electric vehicles (EVs) are making up an increasing share of sales in key markets around the world, becoming ever more central to automakers’ business models. With this shift, incumbent OEMs and new EV players alike...
Can Food Tech Invent a ‘Better’ Bagel ? - BetterBrand
[Product]
2021/10/11 09:05
A new spin on the classic bagel removes the refined carbohydrates.It looks like an ordinary bagel, but a new product called the Better Bagel has more than twice the protein of the standard one and a fraction of the carbohydrates—roughly as much as two slices of banana, according to BetterBrand, the food tech startup that created it. (A regular bagel might have between 50 and 60 net carbs, or t...
Aussies Are Eager To Master Health-Conscious Lifestyles
[Consumer]
2021/10/11 09:04
Aussie mindsets are focused on keeping healthy as the country faces another round of lockdowns. This behaviour goes beyond avoiding COVID. In fact, for 80% of Australians, keeping themselves and their families healthy is a top priority, an 11 percentage point lift from five years prior. In addition, Australians are spending 16% more time on food and cooking websites than the equivalent period i...
Nothing Smartwatch Design with Transparent Sides of the Dial has “Nothing” to Hide
[Design]
2021/10/11 09:03
A transparent dial smartwatch that exposes the innards from the casing’s sides is what I’ll take with both hands if Nothing adds one to their future line-up.Carl Pei and his ideology have always inspired me to follow a very transparent approach in life. His separation from OnePlus into a refreshing phase of his next venture Nothing has made headlines for all the good reason – right from the...
The Squid Game Effect : The Power of Netflix’s Smash Hit
[Business]
2021/10/07 09:11
South Korean drama “Squid Game” has exploded in meme-form on the internet and, according to Netflix co-CEO Ted Sarandos, may become Netflix’s most popular original series ever.Squid game! Sounds fun?Wrong! In “Squid Game,” people play simple children’s games, like “Red Light, Green Light.” If they win all 6 games, they get a piece of a ~$38m pot. Lose even 1 and they’re dead.It might s...