Cashify raises $15 million for its second-hand mobile phone company in India

Cashify raises $15 million for its second-hand mobile phone company in India

Tens of millions of individuals each year purchase a second-hand mobile phone in India, the world’s second-largest market. Phone makers and huge online sellers such as Amazon and Flipkart understand it, however it’s excessive of a trouble for them to inspect, resell and fix used phones. But these firms likewise know that clients [ …] A startup that is helping these firms tackle this challenge said on Thursday it has raised $15 million in a new financing round. Cashify states it’s the market leader in its classification in India. The start-up likewise works with leading e-commerce companies in India– Amazon, Flipkart and Paytm Shopping Center. The companies use Cashify’s trading and exchange software application, and also rely on the startup for liquidation of gadgets. …

SkyMul’s drones safe and secure rebar on the fly to accelerate building

SkyMul’s drones safe and secure rebar on the fly to accelerate building

There are many tasks in the building industry that fall under the “dull, filthy, and harmful” category stated to be ripe for automation– however just a couple of can really be handled with today’s technology. One such task is the repetitive but important task of rebar connecting, which a start-up called SkyMul is aiming […] The steel rebar that offers strength to concrete floorings, walls, and other structures is held in place throughout the pouring process by tying it to the other rebar where the rods cross. Rodbusters (as rebar connecting specialists are called, or so I’m told) are masters of the art of looping a brief length of plastic or wire around an intersection between 2 pieces of rebar, then twisting and connecting it securely so that the rods are protected in multiple directions. Get in SkyMul, a start-up still in the extremely early stages however with an engaging pitch: rebar connecting done by a fleet of drones. A mapper drone flies over the website to mark the boundaries and then, in an automatic closer flyover, to build a map of the rebar itself and where the ties will need to go. Each one moves from spot to area, hovering and descending till its tying tool (much like those used by human rodbusters) covers the rebar crossway; the tie is wrapped, twisted, and the drone is off to the next spot….

Linked family pet collar company Fi raises a $30M Series B

Linked family pet collar company Fi raises a $30M Series B

Animal tech company Fi today revealed that it has raised a $30 million Series B. The round, led by Chuck Murphy of Longview Asset Management, follows a $7 million Series A raised back in 2019. The round values the start-up at north of $200 million. The New York-based start-up focuses on connected canine collars, releasing […] The round, led by Chuck Murphy of Longview Possession Management, follows a $7 million Series A raised back in 2019.”There’s such a substantial market in the U.S. that we’re just scratching the surface area,” creator and CEO Jonathan Bensamoun informs TechCrunch. …

Metal 3D printing company Markforged reveals strategies to go public by means of SPAC

Metal 3D printing company Markforged reveals strategies to go public by means of SPAC

Big early morning for Massachusetts tech business preparing to go public via SPAC. Soon after Berkshire Grey revealed its intentions, Watertown-based Markforged has actually revealed its own plans. The metal 3D printing company intends to combine with ONE, a special function acquisition company developed by Kevin Hartz, who will join its board. The deal, which could value […] The business says its technology has actually been used to print north of 10 million parts because its 2013 starting, with its machines released in some 10,000 areas throughout 70 countries. SPACs are, of course, ending up being an increasingly popular path for taking companies public. …

Metal 3D printing startup Mantle launches out of stealth with $13M in funding

Metal 3D printing startup Mantle launches out of stealth with $13M in funding

Additive production has actually been a popular buzz phrase for years now. With a smattering of notable exceptions, however, 3D printing has largely been concentrated on quick prototyping and limited-run, individual items. Metal 3D printing business like Mantle represent an intriguing use case on the roadway to really scaling the tech to mass manufacturing. Getting here out […] With a smattering of notable exceptions, however, 3D printing has mostly been focused on fast prototyping and limited-run, individual items.”The main distinction, having actually communicated with 3D printing for close to 3 years, is actually around the focus on these usage cases that are production oriented,” Structure Capital General Partner Steve Vassallo tells TechCrunch. With a smattering of noteworthy exceptions, nevertheless, 3D printing has mostly been focused on quick prototyping and limited-run, individual items. Metal 3D printing companies like Mantle represent an appealing use case on the roadway to really scaling the tech to mass production….

Nanit raises another $25M for its AI-powered child monitor

Nanit raises another $25M for its AI-powered child monitor

Nanit’s nursery electronic camera pairs computer system vision with specially patterned clothing to help address the concern that the majority of new moms and dads ask themselves roughly every 90 seconds: “Is my infant still breathing?” This morning the company is revealing that it has raised an additional $25 million in a Series C round led by GV. As part of […] The business raises this Series C on the momentum of a strong year. Previously this month Nanit debuted the Nanit Pro, an upgraded design ($299 versus $249 for the Nanit Plus) that increases the camera’s resolution while improving things like the integrated night light and general use. This Series C brings Nanit’s total raised to $75 million….

Jiobit launches an improved variation of its kid (or family pet) tracker, the Jiobit Next

Jiobit launches an improved variation of its kid (or family pet) tracker, the Jiobit Next

A Chicago-based startup, Jiobit, wished to make a much better kid location tracker than the large smartwatches and other insecurely created items currently on the marketplace. In 2018, it introduced its own modular kid tracker — — a small dongle of sorts that could be tied to shoelaces, belt loops, or school knapsack. Today, […] The new Jiobit is likewise water resistant (IPX8) up to 5 feet of water for up to 30 minutes and consists of an alert button that immediately alerts loved ones that the user is lost or in danger. Jiobit owners can continue to keep track of the gadget through the app or now, a web app that includes notifying and alert controls. The original idea for Jiobit had actually come about due to the fact that creator John Renaldi, a previous VP at Motorola, was surprised to find that the majority of kid trackers on the market were strong their certificate secrets in the clear and were hackable. The new Jiobit Next will work just within the U.S., while the First generation works globally across 146 countries. …

Metalenz reimagines the camera in 2D and raises $10M to ship it

Metalenz reimagines the camera in 2D and raises $10M to ship it

As excellent as the cams in our smartphones are, they’re fundamentally restricted by the physical needs of sensing units and lenses. Metalenz avoids over that part with an electronic camera made of a single “metasurface” that might conserve precious space and battery life in phones and other gadgets… … and they will deliver it. The concept is […] In the case of a cam, the main parts are of course a lens (these days it’s typically a number of stacked), which corrals the light, and an image sensor, which senses and measures that light. The problem faced by cameras now, especially in mobile phones, is that the lenses can’t be made much smaller sized without seriously impacting the clarity of the image. The thing at the bottom is the chip where the image processor and reasoning would be, but the meta-optic could also integrate with that. To be clear, Metalenz isn’t looking to replace the main video camera on your iPhone– for conventional photography functions the conventional lens and sensor are still the method to go. Image (of an extremely little test board) from a standard video camera, left, and metasurface cam….

Omnispace raises $60M to fuse satellites and 5G into one common network

Omnispace raises $60M to fuse satellites and 5G into one common network

5G has actually been on a tear the last few years as wireless operators and smartphone makers have made a marketing push promoting higher bandwidth and lower latency for users. Yet, for all the attention that 5G gets from customers, some of the most important brand-new applications for the next-generation wireless innovation are actually on the [ …] For all the attention that 5G gets from consumers, some of the most crucial brand-new applications for the next-generation cordless innovation are actually on the enterprise side. There’s just one problem: 5G wireless is hard to carry out in rural locations where base stations are unprofitable to release and for that reason couple of and far between. Omnispace started in 2012 as a holding company for wireless spectrum properties, especially around the 2Ghz “S band” spectrum, which were purchased from the remnants of ICO International, a satellite-based supplier that had formerly gone into bankruptcy.”The 5G rollout is going to be gated by the scope and rollout of mobile operators,” Viswanathan said. …