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Marine Construction Market Gains Momentum with Floating Wind Farm Installations
The global marine construction market, valued at USD 61.74 billion in 2024, is forecast to reach USD 83.70 billion by 2030, growing at a CAGR of 5.2% from 2025 to 2030. This expansion is largely propelled by increasing concerns related to climate change, specifically rising sea levels and extreme weather events.
These environmental challenges necessitate robust infrastructure, leading to increased investment in coastal protection systems, seawalls, and flood barriers. Both governmental bodies and private entities are allocating capital towards these protective structures to safeguard coastal communities and vital infrastructure from escalating environmental threats.
Technological advancements are further bolstering the market by enhancing the efficiency, safety, and sustainability of marine projects. Innovations like robotics, automation, and advanced materials are streamlining construction processes, reducing costs, and minimizing ecological footprints. Such technologies enable the more effective execution of complex and large-scale marine projects, thereby fueling market growth.
Key Market Highlights:
Asia Pacific Dominance: Asia Pacific held the largest revenue share of 42.6% in 2024. This leadership is driven by the significant increase in maritime trade and shipping activities across the region, which is home to some of the world's busiest shipping lanes. The continuous growth in trade volumes necessitates the development of larger and more sophisticated ports and terminals.
Concrete Segment Leads: In terms of materials, the concrete segment dominated the market, accounting for a 35.31% revenue share in 2024. The escalating demand for coastal development and the expansion of ports and harbors, particularly within emerging economies, has substantially increased the need for concrete in marine construction projects.
Order a free sample PDF of the Marine Construction Market Intelligence Study, published by Grand View Research.
Market Size & Forecast
2024 Market Size: USD 61.74 Billion
2030 Projected Market Size: USD 83.70 Billion
CAGR (2025-2030): 5.2%
Asia Pacific: Largest market in 2024
Key Companies & Market Share Insights
Some of the key players operating in the market include China State Construction Engineering Corporation (CSCEC) and Hyundai Engineering and Construction.
China State Construction Engineering Corporation (CSCEC) stands as one of the largest construction companies in the world, with a significant footprint in infrastructure and marine construction. The company is renowned for its execution of large-scale marine projects, such as port development, dredging operations, and coastal defense systems. Its portfolio in the marine construction sector includes breakwaters, seawalls, harbors, and offshore infrastructure, playing a vital role in the expansion and modernization of key maritime hubs across diverse regions.
Hyundai Engineering and Construction, a leading South Korean construction firm, is widely recognized for its specialization in marine and offshore construction. The company has a strong track record in delivering complex coastal infrastructure projects, including port facilities and offshore platforms. Its marine construction offerings comprise offshore oil and gas structures, subsea pipelines, floating terminals, and advanced breakwater systems. Hyundai integrates cutting-edge engineering solutions with sustainable construction methodologies to ensure high-performance, long-lasting results in demanding marine environments.
Key Players
China State Construction Engineering Construction
Hyundai Engineering and Construction
Strabag
DEME
Ningbo Zhoushan Port
Boskalis
Bechtel
McCarthy Building
China Merchants
Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research.
Conclusion
The global marine construction market is experiencing significant growth, primarily driven by the urgent need for resilient infrastructure to combat climate change impacts like rising sea levels and extreme weather. This demand is further amplified by technological advancements that enhance project efficiency, safety, and sustainability. With Asia Pacific leading the market due to its robust maritime trade and the widespread use of concrete as a primary material, key players like China State Construction Engineering Corporation (CSCEC) and Hyundai Engineering and Construction are at the forefront, leveraging their expertise to meet global infrastructure demands.
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Australia Smart Ports Market To Grow At Highest Pace Owing To Increasing Adoption Of Iot And Automation Technologies

The Australia Smart Ports Market is expected to witness significant growth over the forecast period. Smart ports involve the use of various technologies such as IoT, artificial intelligence, cloud and analytics, automation and robotics to enhance port operations, improve freight management and optimize resource utilization. Major ports in Australia are implementing smart systems to streamline operations, reduce costs and environmental impact.
The need for improving productivity and efficiently managing freight traffic has elevated the demand for smart port technologies in Australia. Key applications include yard/terminal automation, ship/shore cranes, freight tracking and monitoring systems, access control systems and smart traffic management. The integration of IoT sensors, infrastructure monitoring tools, data analytics and automation is enabling real-time freight and cargo tracking as well as predictive maintenance of port assets. This is improving safety, efficiency and decision making capabilities at Australian ports. The growing e-commerce industry is also increasing cargo volumes handled at ports, augmenting investments in digitization.
The Australia Smart Ports Market is estimated to be valued at US$ 1.98 Bn in 2024 and is expected to exhibit a CAGR of 24.% over the forecast period 2024-2031.
Key Takeaways
Key players operating in the Australia Smart Ports Market are Port Authority of New South Wales,Port of Melbourne Corporation,Port of Brisbane Pty Ltd,Sydney Ports Corporation,Qube Holdings Limited. Port Authority of New South Wales is implementing innovative smart solutions like real-time berth planning and quay crane automation to optimize operations.
Growing international trade and freight transport volumes in Australia are driving demand for smart port technologies. Key ports are undertaking modernization projects involving digitization of processes and infrastructure to cater to rising cargo volumes. For instance, Port of Melbourne is developing an intelligent operating system comprising automated stacking cranes, yard planners and optimization software to double container capacity.
Advancements in areas such as automation, IoT, AI and cloud technology are enabling greater efficiency, safety and sustainability at Australian ports. Use of automated guided vehicles, connected equipment, predictive maintenance and smart traffic planning systems based on real-time data is improving productivity and reducing delays. Environmental monitoring devices and analytics are also helping minimize emissions.
Market Trends
- Increased Adoption of Blockchain: Blockchain technology is gaining prominence for managing vessel schedules, tracking shipments in real-time and streamlining customs processes at Australian ports. It brings trust and transparency to port operations.
- Focus on Renewable Energy and Sustainability: To lower carbon footprint, ports are incorporating renewable energy sources and implementing smart energy management systems. IoT-based energy monitoring enables optimization of power consumption.
Market Opportunities
- Scope for Terminal Automation: Future opportunities lie in automating yard operations through robotics and driverless vehicles for cargo movement within port premises. This will boost throughput.
- Innovation in Data Analytics: Integration of advanced analytics tools with sensor data can unlock potential for predictive maintenance, demand forecasting and bottleneck detection to further augment efficiency.
Impact Of COVID-19 On Australia Smart Ports Market:
The outbreak of COVID-19 had a significant impact on the Australia Smart Ports Market during 2020 and 2021. Due to lockdowns and restrictions imposed to curb the spread of the virus, supply chains were disrupted globally. Movement of cargo across ports was affected, impacting port operations and revenues. Projects aimed at digitization and automation of ports faced delays. However, the pandemic also highlighted the importance of technologies that enable contactless operations and optimize resource utilization at ports.
As lockdowns eased, ports focused on recovery and leveraging technologies to handle operations securely. Social distancing norms were implemented within ports. Technologies such as automated guided vehicles, remote operated vehicles and AI-based tools for autonomous ship navigation gained increased importance. Digital solutions enabled monitoring vessel movements, cargo management and processing clearance documents remotely without physical contact.
Post COVID, technology adoption at ports is expected to accelerate to make operations more efficient, secure and resilient. Automation, IoT, big data and AI will help optimize asset utilization, streamline cargo flows and enable flexible, demand-driven operations. Technologies facilitating remotely operated or autonomous cargo movement and vessel navigation can help future-proof ports. Digital platforms and process automation can boost visibility, manage capacity demands and ensure uninterrupted movement of supplies. Overall technology integration is key for Australia's ports to emerge stronger from the pandemic and adapt to emerging challenges.
Geographical Concentration:
In terms of value, the Australia Smart Ports Market is currently concentrated in New South Wales and Victoria state ports. The Port of Melbourne and Port of Sydney account for over 40% of the country's total containerized cargo traffic. With increasing trade volumes, these major east coast ports have been undertaking digitization initiatives focused on terminal automation, infrastructure modernization and digital platforms. Among emerging regional ports, Western Australian ports such as Port of Fremantle and Port of Dampier are investing in smart technologies to optimize energy usage, cargo processing and attract investments.
Fastest Growing Region:
The north Australia region including Northern Territory and Queensland state ports is expected to record the fastest growth in the Australia Smart Ports Market over the forecast period. Ports in this relatively under-developed region are strategically located along important Asian trade routes. To capitalize on growing trade, ports of Cairns, Townsville, Darwin and Hay Point are prioritizing technology adoption for digitized operations. Ongoing projects include improving connectivity infrastructure, developing smart operating systems and adopting IoT/sensor technologies to monitor remotely. This makes northern Australia ports well-positioned to cater efficiently to rising demand.
Get more insights on this topic: https://www.pressreleasebulletin.com/smart-ports-in-australia-are-estimated-to-witness-high-growth-owing-to-advancement-in-iot-technologies/
About Author:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement. (LinkedIn - https://www.linkedin.com/in/priya-pandey-8417a8173/)
What Are The Key Data Covered In This Australia Smart Ports Market Report?
:- Market CAGR throughout the predicted period
:- Comprehensive information on the aspects that will drive the Australia Smart Ports Market's growth between 2024 and 2031.
:- Accurate calculation of the size of the Australia Smart Ports Market and its contribution to the market, with emphasis on the parent market
:- Realistic forecasts of future trends and changes in consumer behaviour
:- Australia Smart Ports Market Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa
:- A complete examination of the market's competitive landscape, as well as extensive information on vendors
:- Detailed examination of the factors that will impede the expansion of Australia Smart Ports Market vendors
FAQ’s
Q.1 What are the main factors influencing the Australia Smart Ports Market?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market’s opportunities, risks, and general structure?
Q.4 Which of the top Australia Smart Ports Market companies compare in terms of sales, revenue, and prices?
Q.5 Which businesses serve as the Australia Smart Ports Market’s distributors, traders, and dealers?
Q.6 How are market types and applications and deals, revenue, and value explored?
Q.7 What does a business area’s assessment of agreements, income, and value implicate?
*Note: 1. Source: Coherent Market Insights, Public sources, Desk research 2. We have leveraged AI tools to mine information and compile it
#Australia Smart Ports Market Trend#Australia Smart Ports Market Size#Australia Smart Ports Market Information#Australia Smart Ports Market Analysis#Australia Smart Ports Market Demand
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Container Transport: Streamlining Global Trade
In the dynamic landscape of global commerce, container transport plays a pivotal role in ensuring the efficient movement of goods across vast distances. This method of freight transportation has revolutionised logistics, offering reliability, scalability, and cost-effectiveness to businesses worldwide.
Let's delve into what Container Transport Melbourne entails, its benefits, challenges, and its crucial role in shaping modern supply chains.
Understanding Container Transport
Container transport refers to the shipment of goods in standardised containers, typically steel boxes of varying sizes (most commonly 20 feet or 40 feet in length), designed to withstand the rigours of long-distance transportation. These containers are loaded onto specialised trucks, trains, or ships, facilitating seamless transfer between different modes of transport without the need to unpack and repack goods.
Key Components of Container Transport
Intermodal Compatibility: Containers are designed to be compatible across different modes of transport—trucks, trains, and ships—allowing for efficient transhipment at ports or intermodal terminals.
Container Types: Standard containers are the norm, but specialised containers exist for specific cargo types, such as refrigerated (reefer) containers for perishable goods or flat racks for oversized items.
Logistics Infrastructure: Ports, terminals, and distribution centres are critical nodes in the container transport network, ensuring smooth transitions between transportation modes and facilitating efficient cargo handling.

Benefits of Container Transport
Efficiency and Speed
Containerisation reduces cargo handling time significantly. Once loaded, 3pl services Melbourne remain sealed until reaching their destination, minimising delays and streamlining logistics operations. This efficiency translates into faster delivery times and improved supply chain reliability.
Cost-Effectiveness
By optimising space and reducing labour costs associated with handling individual pieces of cargo, container transport offers substantial cost savings for businesses. Standardised containers also enable better utilisation of transportation capacity, lowering overall shipping costs per unit.
Security and Protection
Containers provide a secure environment for goods during transit, protecting them from weather conditions, theft, and damage. Advanced tracking container transport Melbourne technologies further enhance security by allowing real-time monitoring of cargo, reducing the risk of loss or tampering.
Global Reach
Container transport facilitates global trade by connecting manufacturing centres with consumer markets across continents. Ports act as vital hubs for international trade, handling millions of containers annually and supporting economic growth through enhanced trade flows.
Challenges in Container Transport
While containerisation offers numerous advantages, it also presents challenges that require strategic management and investment:
Infrastructure Constraints: Port congestion and inadequate intermodal infrastructure can lead to delays and increased costs.
Environmental Impact: Despite efficiency gains, container transport contributes to carbon emissions and environmental concerns, prompting efforts to adopt greener practices and technologies.
Security Risks: Container theft and smuggling remain persistent challenges, necessitating robust security protocols and cargo tracking systems.
Future Trends and Innovations
The future of container transport is marked by technological advancements and sustainability initiatives:
Digitalisation: Adoption of blockchain 3pl Services Melbourne technology for supply chain transparency and efficiency improvements in cargo tracking and logistics management.
Automation: Increased use of automated terminals and robotic systems to enhance operational efficiency and reduce labour costs.
Green Logistics: Implementation of eco-friendly practices such as electric-powered ships, alternative fuels, and carbon offset programs to mitigate environmental impact.
Final Words
Container transport stands as a cornerstone of modern logistics, driving economic growth and facilitating global trade through its efficiency, scalability, and reliability. While facing challenges like infrastructure limitations and environmental impact, ongoing innovations promise to further enhance the sustainability and efficiency of container transport.
As businesses continue to expand their global footprint, understanding and leveraging container transport Melbourne remains essential for optimising supply chain operations and meeting the demands of a connected world.
Source - https://logistic-company-melbourne.blogspot.com/2024/06/container-transport-streamlining-global.html
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Ship-to-Shore (STS) Cranes Market Outlook Report 2024-2031: Trends, Strategic Insights, and Growth Opportunities | GQ Research
The Ship-to-Shore (STS) Cranes Market is set to witness remarkable growth, as indicated by recent market analysis conducted by GQ Research. In 2023, the global Ship-to-Shore (STS) Cranes Market showcased a significant presence, boasting a valuation of US$ 3.0 billion. This underscores the substantial demand for Acetophenone technology and its widespread adoption across various industries.
Get Sample of this Report at: https://gqresearch.com/request-sample/global-ship-to-shore-sts-cranes-market/
Projected Growth: Projections suggest that the Ship-to-Shore (STS) Cranes Market will continue its upward trajectory, with a projected value of US$ 4.1 billion by 2031. This growth is expected to be driven by technological advancements, increasing consumer demand, and expanding application areas.
Compound Annual Growth Rate (CAGR): The forecast period anticipates a Compound Annual Growth Rate (CAGR) of 4.5%, reflecting a steady and robust growth rate for the Ship-to-Shore (STS) Cranes Market over the coming years.
Technology Adoption:
The ship-to-shore (STS) cranes market is seeing significant technological advancements aimed at enhancing efficiency, safety, and automation. Modern STS cranes are increasingly equipped with sophisticated control systems, automated features, and remote monitoring capabilities. The adoption of digital technologies such as Internet of Things (IoT) sensors, data analytics, and predictive maintenance systems is becoming more common, allowing for real-time performance monitoring and optimization. Additionally, advancements in crane design, including the use of lightweight, high-strength materials, and energy-efficient drive systems, are improving operational efficiency and reducing energy consumption.
Application Diversity:
STS cranes are crucial in various port and terminal operations, handling a wide range of cargo types from containers to bulk goods. They are essential for the efficient loading and unloading of ships, facilitating the rapid transfer of goods between sea and land transport systems. Their applications extend to container terminals, bulk cargo terminals, and mixed-use ports worldwide. The versatility of STS cranes in handling different cargo types and sizes makes them indispensable in modern port operations, supporting the global supply chain and trade networks.
Consumer Preferences:
Consumer preferences in the STS cranes market are evolving towards more automated and technologically advanced solutions. Port operators and terminal managers prioritize cranes that offer high reliability, efficiency, and minimal downtime. There is a growing demand for cranes with advanced safety features, such as collision avoidance systems and automated shutdown mechanisms. Consumers also prefer cranes that are environmentally friendly, with lower emissions and energy consumption. The ability to integrate with existing port management systems and provide seamless data exchange is also a critical factor in consumer decision-making.
Technological Advancements:
Technological advancements are driving the development of next-generation STS cranes. Innovations include the integration of automation and robotics to reduce the need for manual intervention, enhancing both safety and productivity. Advanced control systems and software allow for precise crane movements and improved load handling. The use of machine learning algorithms and artificial intelligence (AI) is enabling predictive maintenance and operational optimization. Additionally, developments in electrification and hybrid drive systems are reducing the environmental impact of STS cranes, making them more sustainable and cost-effective over their lifecycle.
Market Competition:
The STS cranes market is highly competitive, with key players such as Konecranes, Liebherr, ZPMC, and Kalmar vying for market share through continuous innovation and strategic partnerships. Competition is driven by factors such as technological superiority, product reliability, and after-sales service. Companies are focusing on offering comprehensive solutions that include installation, maintenance, and training services to enhance customer satisfaction. Strategic alliances, mergers, and acquisitions are common as firms seek to expand their technological capabilities and market reach. Smaller companies and new entrants are also making strides by targeting niche markets and offering customized solutions.
Environmental Considerations:
Environmental considerations are increasingly influencing the STS cranes market. Port authorities and terminal operators are under pressure to reduce their carbon footprint and comply with stringent environmental regulations. This is driving demand for energy-efficient and low-emission STS cranes. Manufacturers are responding by developing electric and hybrid models that reduce reliance on fossil fuels and lower greenhouse gas emissions. The use of regenerative energy systems, such as energy recovery from crane movements, is also being explored. Additionally, sustainable manufacturing practices, including the use of recyclable materials and eco-friendly production processes, are becoming more prevalent, aligning with the broader global shift towards sustainability.
Top of Form
Regional Dynamics: Different regions may exhibit varying growth rates and adoption patterns influenced by factors such as consumer preferences, technological infrastructure and regulatory frameworks.
Key players in the industry include:
Anupam Industries Limited,
Bridon-Bekaert Ropes Group (N.V. Bekaert S.A.)
Cargotec Oyj, Dana Incorporated
Liebherr-International AG
Mac Port-Macchine Operatrici Portuali SRL
Noell Crane Systems (China) Limited
Paceco Corporation (Mitsui Engineering & Shipbuilding)
Sany Heavy Industry Co. Ltd.
Shanghai Zhenhua Heavy Industries Company Limited (China Communications Construction Group Limited)
Terex Corporation
Wison Group
The research report provides a comprehensive analysis of the Ship-to-Shore (STS) Cranes Market, offering insights into current trends, market dynamics and future prospects. It explores key factors driving growth, challenges faced by the industry, and potential opportunities for market players.
For more information and to access a complimentary sample report, visit Link to Sample Report: https://gqresearch.com/request-sample/global-ship-to-shore-sts-cranes-market/
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GQ Research is a company that is creating cutting edge, futuristic and informative reports in many different areas. Some of the most common areas where we generate reports are industry reports, country reports, company reports and everything in between.
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The Port Infrastructure Market is projected to grow from USD 164,496.528 million in 2023 to USD 278,327.52 million by 2032, expanding at a compound annual growth rate (CAGR) of 5.84%.Port infrastructure plays a pivotal role in global trade and commerce, serving as gateways for the movement of goods and connecting economies worldwide. As international trade continues to expand, the demand for efficient and modern port facilities is on the rise. In this article, we delve into the dynamics of the port infrastructure market, examining key trends, challenges, and opportunities shaping its landscape.
Browse the full report at https://www.credenceresearch.com/report/port-infrastructure-market
Global Trade Expansion: The growth of the port infrastructure market is closely linked to the expansion of global trade. With the increasing globalization of economies and the rise of e-commerce, the volume of goods being transported across borders has surged. This has fueled the need for ports capable of handling larger vessels and accommodating growing cargo volumes. Developing economies, in particular, are witnessing significant investments in port infrastructure to enhance their connectivity and competitiveness in the global market.
Modernization and Expansion: One of the primary drivers of the port infrastructure market is the ongoing modernization and expansion initiatives undertaken by port authorities worldwide. Aging infrastructure, coupled with technological advancements, has led to a push for upgrading existing facilities and building new ones equipped with state-of-the-art amenities. This includes the deployment of advanced container handling equipment, automation systems, and eco-friendly solutions to improve operational efficiency and reduce environmental impact.
Focus on Sustainability: Sustainability has emerged as a key consideration in the development of port infrastructure. As concerns over climate change and environmental degradation mount, port operators are increasingly adopting green practices and investing in eco-friendly technologies. This includes the implementation of renewable energy sources, such as solar and wind power, the use of electric-powered equipment, and the adoption of green building standards for port facilities. Sustainable port development not only reduces carbon emissions but also enhances the resilience of ports to withstand the impact of climate-related events.
Technological Innovation: Advancements in technology are revolutionizing the way ports operate and are managed. The integration of digital solutions, such as Internet of Things (IoT), Artificial Intelligence (AI), and blockchain, is streamlining port operations, optimizing resource utilization, and enhancing supply chain visibility. Automated cranes, robotic terminals, and predictive analytics are some of the technologies being deployed to improve efficiency and productivity within ports. Additionally, digital platforms are facilitating seamless communication and collaboration among stakeholders, including shipping lines, freight forwarders, and customs authorities, thereby expediting cargo movement and reducing turnaround times.
Infrastructure Financing: Despite the growing demand for port infrastructure, financing remains a significant challenge. Port development projects require substantial investment, and securing funding can be complex, particularly in developing countries with limited resources. Public-private partnerships (PPPs) have emerged as a popular financing model, enabling collaboration between governments and private investors to fund port projects. Multilateral institutions, such as the World Bank and Asian Development Bank, also play a crucial role in providing financial assistance and technical expertise for port infrastructure development.
Key Player Analysis
CS Group
Larsen & Toubro Ltd.
Man Infraconstruction Ltd.
Hyundai Engineering
Colas, Essar Ports Ltd.
Consolidated Engineering Construction Co
Bechtel, and Danube Ports Network Company
Adnani Ports and SEZ
APM Terminal
IQPC
Segments:
Based on Port Type:
Sea
Inland
Based on Application:
Passenger
Cargo
Based on Construction Type:
Terminal
Equipment
Based on Infrastructure:
Container
Energy
Based on Facility:
Deep-water seaport
Seaport
Based on the Geography:
North America
The U.S.
Canada
Mexico
Europe
Germany
France
The U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
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Smart Shores: How Ports Implement Digital Solutions for Enhanced Operations in 2024
Ports are the lifelines of global trade, serving as crucial hubs for the movement of goods, passengers, and commodities. In an era of digital transformation, ports are undergoing significant changes to enhance efficiency, safety, and sustainability through the adoption of smart technologies. As we set sail into 2024, the Smart Ports Market is poised for substantial growth, driven by factors such as automation trends, IoT integration, and the pursuit of greener, more connected port operations. This article delves into the key trends, market dynamics, and factors shaping the Smart Ports Market in the coming years.
Market Overview:
The Smart Ports Market is experiencing rapid growth, with a projected Compound Annual Growth Rate (CAGR) exceeding 20% from 2022 to 2024. This growth is fueled by factors such as the increasing volume of maritime trade, the need for operational efficiency, and investments in digital infrastructure and connectivity.
Key Factors Driving Growth:
Automation and Robotics: Smart ports are embracing automation and robotics to streamline cargo handling operations, reduce turnaround times, and optimize terminal throughput. Automated container terminals, robotic cranes, and autonomous vehicles enable ports to handle larger volumes of cargo more efficiently, leading to cost savings and improved productivity.
Internet of Things (IoT) Integration: IoT technologies play a central role in transforming traditional ports into smart, connected ecosystems. IoT sensors, RFID tags, and smart infrastructure enable real-time monitoring of port assets, equipment, and environmental conditions, enhancing visibility, safety, and security throughout the port facility.
Data Analytics and Predictive Maintenance: Data analytics and predictive maintenance solutions empower smart ports to optimize asset performance, prevent equipment failures, and minimize downtime. Advanced analytics platforms analyze operational data from sensors and systems to identify maintenance needs, predict equipment failures, and schedule maintenance activities proactively.
Green Port Initiatives: Environmental sustainability is a key focus area for smart ports, driving initiatives to reduce emissions, minimize pollution, and promote eco-friendly practices. Green port solutions such as shore power systems, zero-emission vehicles, and renewable energy integration help ports achieve carbon neutrality and comply with environmental regulations.
Challenges and Opportunities:
While the Smart Ports Market presents significant growth opportunities, challenges such as cybersecurity risks, interoperability issues, and regulatory hurdles remain. However, these challenges also create opportunities for industry players to innovate, collaborate on interoperable solutions, and address sustainability and security concerns to unlock the full potential of smart ports.
For More Info@ https://www.gmiresearch.com/report/smart-ports-market/
Conclusion:
In 2024, the Smart Ports Market stands at the forefront of maritime innovation, shaping the future of port operations, logistics, and supply chain management. As ports embrace smart technologies to improve efficiency, sustainability, and safety, the market's growth is not just about technology; it is about redefining the way goods are transported, handled, and delivered around the world. The Smart Ports Market is not merely a segment of the maritime industry; it is a catalyst for digital transformation, economic growth, and environmental stewardship in ports and maritime logistics. In embracing automation, IoT integration, and green port initiatives, the Smart Ports Market is not just sailing into the future; it is charting a course towards smarter, more sustainable, and resilient ports for generations to come.
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Analysis of Automated Container Terminal Market Size by Research Nester Reveals the Market to Grow with a CAGR of ~8% During 2024-2036 and Attain ~USD 21 Billion by 2036
Research Nester assesses the growth and market size of global automated container terminal market which is anticipated to be on account of the growth in maritime trade.
Research Nester’s recent market research analysis on “Automated Container Terminal Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global automated container terminal market in terms of market segmentation by automation, product, project and by region.
Urge to Reduce Labor Forces to Boost the Growth of Global Automated Container Terminal Market
The global market for automated container terminal is estimated to grow on account of the growing urge to reduce labor forces. Automated container ports have lower labour costs since automation effectively eliminates the need for manual labour in manual activities. Currently, a single individual working in a control tower may perform these tasks that traditionally need a significant number of soldiers. Automation helps achieve objectives like lowering the possibility of human error and reducing labour. Automated work procedures are more efficient and dependable, which reduces the likelihood of mistakes.
Moreover, the automated container terminal market is anticipated to be driven by the development of sophisticated robotics and automation technologies in the automotive sector. These terminals handle containers without the use of human labor by using robotic arms, automated guided vehicles, and stacking cranes. These solutions enable accurate and effective container handling, lower error rates, and completely eliminate accident risk.
Some of the major growth factors and challenges that are associated with the growth of the global automated container terminal market are:
Growth Drivers:
Growing Need to Reduce Carbon Emission
Rising Government Initiatives
Challenges:
The high initial cost required to adopt automated systems presents a significant barrier for many terminal operators, especially in poorer nations. Therefore, organizations choose to continue using the conventional approach of container handling. As a result, it is anticipated that this issue will limit market growth.
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By automation, the market for automated container terminal is segmented into semi-automation, fully automation, and quay crane. Out of which, the fully automated segment is expected to garner the highest share of about 60% over the forecast period. The use of technology including AI and ML (machine learning) has increased, further automating the process and lowering the demand for labor. However, the semi-automated segment is also expected to grow. This could be owing to the growing adoption of semi-automated solutions since organizations are still exploring this system.
By region, the Europe market for automated container terminal is anticipated to grow over the forecast period. The region is well-suited for deploying automated container handling systems since it has a sophisticated and comprehensive transportation infrastructure, including a vast network of ports and terminals. Additionally, due to the prominence of supportive government policies and efforts, the region is also expected to have the highest growth rate during the forecasted period. Increased import and export trade will also enhance the region's need for automated container terminals.
This report also provides the existing competitive scenario of some of the key players of the global automated container terminal market which includes company profiling of APM Terminals, DP World Limited, Port of Hamburg Marketing, Port of Los Angeles, Port of Long Beach, Port of Barcelona, Busan Port Authority, Cargotec Corporation, Konecranes, Liebherr-International Deutschland GmbH, and others.
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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.
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Jörg Rottkord, Industry Manager Automotive at Beckhoff, says, “Beckhoff provides all the important thing control elements for the production and assembly of typical automotive components. In addition to body development, materials circulate, and painting, this additionally applies to the areas of powertrain and battery cell manufacturing system integration solutions. In particular, the concentrate on various drive types such as e-mobility and gasoline cell technology is generating important market demand for our elements and solutions.
Page Automaton offers Content Services – a set of built-in software, hardware and services solutions aimed toward overcoming the enterprise challenges of digitisation. Our content material services combine next-generation technology, corresponding to synthetic intelligence, with Enterprise Content Management. PBSA Automation provides customized creations that take care of customers’ workflow and automation wants, with all projects being pushed system integration services and assessed by a qualified engineering gross sales group. With an intensive global partnership base, PBSA Automation is ready to fulfil the most demanding utility and customer necessities. With greater than 30 years’ experience, we specialize in complete digital office, print and telecoms solutions.
We are a group of enthusiastic, young minds that look for methods to save heaps of you cash via optimising packages. We concentrate on programming factories in order that they use solely the required energy and not a drop more. Our SCADA designs are updated and designed in such a manner that customers don’t want to face around for hours monitoring processes. Payload Management within automation solutions the X-KIT is supplied by the Airborne Data Terminal (ADT) throughout the X-CUBE. Sophisticated EO/IR, Radar, SigInt, WAS and Transponder payloads interface to the X-CUBE. This equipment offers state of the art information compression, encryption, recording and routing performance in addition to RF link administration to make optimum use of Line of Sight (LOSCom) and Satellite Communication (SatCom) links.
Enhance your motels operational efficiency, whereas giving your guests the easiest hospitality has to offer. Every SATEL radio modem is designed and manufactured in Finland and fulfils the RoHS requirements. Lapp Group are capable of offer you complete design, commissioning, and testing for the sphere bus systems mentioned below. Depending upon the configuration, Cirus makes use of Turck four and eight port junction boxes with either M8, M12, M23 or 1-1/8 inch molded connectors to connect the devices within the valve financial institution. Turck’s connector’s large measurement makes it easier for operators to attach the gadgets in the area, and integrated LEDs improves area diagnostics by allowing the person to visually see if the connection is operational. Less manual intervention and intensive process information captured via audit logs considerably supplies insights into end-to-end organisational processes and permits higher governance.
The range offers solutions for all applications and industries together with healthcare, manufacturing and meals processing. Products included in the range PLCs; Micro, Slim, Block, Mid-Range and High-Performance Types. Industrial PCs and SCADA techniques, HMIs and Text Panels with built-in PLCs, Servo Drives and Motors, Industrial Ethernet Switches, Precision Gearboxes, Rotary Optical Encoders, Industrial communication gateways, modules and equipment. Age Technologies is a quantity one service supplier of superior turnkey automation systems in South Africa and different African nations smart automation solutions; we offer clients with highly efficient turnkey automation solutions for their production and course of wants. At Integrated Homes, we are dedicated to offering you with the best quality of service and assist. Contact us today to study more about our smart workplace automation solutions and begin streamlining your business operations with our superior automation technology.
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Software Program For Drone In A Box Remedy
Information turn-around time will also be improved as we continue to integrate even more automation right into our data processing. To get a much better sense of just how these applications are developing effectiveness in these markets, we caught up with Efrat Fenigson, VP of Advertising at Airobotics. Deliverables consist of accuracy touchdown, connectivity over the cloud, fleet management, application control panel and integration with your company application.
We have actually constantly functioned very closely with the neighborhood and also federal governments in the nations we run in, however seeing them take the commercial use of drones extra seriously over the past year has truly thrilled us.
Governments and regulative bodies are working with drone companies to develop programs as well as legislation to allow drone usage in metropolitan areas and also commercial sites also.
If drone drivers and drone companies can efficiently confirm their security situation, regulatory authorities will certainly enable wider adoption of this device.
FlytNow is a cloud-based remedy that makes it possible for remote drone fleet procedures.
The crossway of resolution, accuracy, and also coverage capabilities pleases the needed surveying and also evaluation applications on website. It is essential to first note that guideline and modern technology work together. The market can not advance and also achieve regulatory landmarks, if the innovation is not mature sufficient.
Trimble Companions With Roborace For Its Independent Racing Series
If drone Drone charging platform operators as well as drone companies can efficiently verify their safety and security case, regulatory authorities will enable wider adoption of this device. We have actually constantly worked very closely with the regional and government governments in the nations we operate in, yet seeing them take the commercial use drones a lot more seriously over the previous year has really thrilled us. We run in BVLOS setting, and collaborate with the regulator to obtain that kind of certification. As stated previously, we have already gotten this certification in Israel as well as Australia. FlytNow is a cloud-based option that makes it possible for remote drone fleet operations. Get in touch with us to integrate your docking terminal or charging pads with FlytNow or any kind of various other FlytBase services. AirHub and Mapture.ai have collaborate to develop a drone-in-a-box that can autonomously release, land, and also be regulated from a remote location.
FlytBase offers limited assimilation of the drones & docking station for various company applications. I as soon as helped a Canadian start-up drone business that also was trying out charging terminals.
Shruti Box Handless Foot Pedal Drone
Likewise, port professionals can make certain the data they're obtaining from the drones is being used in the most reliable means to press operations or jobs ahead at a faster rate, therefore completing projects ahead of schedule. Regulators do want to advance guideline, nonetheless, they have to comply with the improvements in innovation prior to making any kind of regulative actions. Governments as well as regulatory bodies are working with drone companies to create programs and legislation to permit drone usage in metropolitan areas and also commercial sites as well.
Its service design is long-range asset tracking, with its VTOL airplane nesting in similar stations. Now, American Robotics has actually received FAA clearance to run its drones on autonomous flights. Its Precursor System has gotten a partial thumbs-up with an FAA Waiver legitimate until January 31, 2023; you can review the FAA papers right here.
Their system is meant to be a platform that is completely automated, industrial quality, on-demand as well as multi-purpose. It's a system that is designed to open the following stage of business drone automation while additionally specifying what it indicates to securely run past visual-line-of-sight. When we caught up with Ran Krauss, CEO of Airobotics, among the things he went over was just how this technology would certainly be made use of to automatically perform jobs like assessments and also surveillance. FlytBase accuracy landing technology allows drones to autonomously as well as precisely land on the Charging Pads or Docking Stations. Drone-in-a-box services securely store the drones as well as bill them to get ready for the next independent BVLOS mission. The connection over 4G/LTE/5G makes it possible for the remote drone drivers to handle and control a fleet of drones and also docking stations in real-time from a distance with the cloud.
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Growth in the UAE’s Courier Market

The world has seen many changes over the last few years, and the industries of logistics and deliveries are no different. Ever more people are opting to stay in, shop, and work from home, and the courier, express, and parcel (CEP) market has risen to the challenge of facilitating this ‘new normal’.
The UAE’s CEP market was already in good health, but since the pandemic, its growth has surged. Fuelled by technological advancement, shrewd government investment, an internet-savvy population, and the e-commerce boom, this growth looks only set to continue. With such a dynamic marketplace, the competition to be the best courier company in the UAE is strong!
Everything a Strong CEP Market Needs
The UAE is blessed with an extremely favourable geographical situation for the purposes of logistics. Its position between Africa and the Middle East has long made the region a hub of international B2B shipping, enabling businesses to trade with ease across continents. What’s more, it boasts strong, well-maintained road and rail networks, state-of-the-art airports, and well-fitted ports with access to international shipping routes. This excellent infrastructure enables its couriers to deliver items efficiently over land, sea, and air.
All About E-Commerce
The coronavirus pandemic saw consumers worldwide make a shift towards digital ordering and ‘safe shopping’, and things were no different in the UAE. Its young, internet-savvy population shows high trust in online shopping, and consumers are now happy purchasing everything from groceries to medicines to meals online.
Targeted government incentivisation has made Dubai the world’s leading destination for start-up companies, and a vast majority of these are operating within the e-commerce industry. Its billion-dollar Special Economic Zones like Dubai CommerCity offer tax breaks to start-ups and have seen the region’s ex-pat community only continue to grow. And since the e-commerce industry goes hand-in-hand with the logistics and supply chain, this means ever more growth for the region’s CEP firms.
Cutting-edge Technology for Streamlined Services
Astonishing advances in machine learning, robotics, and AI are revolutionising many different industries, and the UAE’s courier market is ideally placed to take advantage of this progress. The UAE government has stayed ahead of the global curve, already having created a framework of guidelines around the use of drones and robots for last-mile delivery. Coupled with the 2020 launch of Dubai Customs’ cross-border e-commerce platform, the region’s intent to remain at the cutting edge of CEP advances is clear.
Already companies are making use of automated warehouses to get shipments out faster, and robotically controlled parcel delivery terminals are making things yet more convenient for customers sending items. Autonomous vehicles look set to make last-mile delivery services even swifter, providing ever-improving reliability and customer satisfaction.

With so many geographical and situational advantages for the CEP market in the UAE, its continued growth through the pandemic and beyond comes as no surprise. Which courier is best for Dubai will depend not only on their taking advantage of the region’s ideal physical positioning and well-maintained transport infrastructure. More than that, they will need to make use of the rapid future tech advances revolutionising so many aspects of the worlds of trade, storage, and haulage.
It’s a tall ask for companies to keep up with the latest developments in technology and software advances. But given the rewards on offer for those that manage it, for the UAE’s CEP firms it’s an effort well worth making.
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Converter Modules Market Report Driven by the Demeand for Power Management Solutions (SARS-CoV-2, Covid-19)
Converter Modules Market Report

The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Converter Modules Market Report. The growth sectors of the Converter Modules Market Report are identified with precision for a better growth perspective.
Converter modules are machines used to transform analog signals into digital signals, and vice versa for applications of high voltage. Growing competition for SMPS in data centers and a transition to battery-powered vehicles led to the development of the global market for converter modules. The implementations of these systems can be found in various vertical sectors, including manufacturing, education, logistics, and defense.
Thus, the converter modules market is expected to see steady growth over the forecast period. The converter modules are used in control components for either stepping up or stepping down the voltage for specific applications of security, surveillance, and communication. Given its low power consumption, high power density, precision, durability, and robustness, a DC-DC converter module is chosen. This also phases out ground loops, isolating the circuit, thus from interferences induced by other sources. To produce accurate performance, the source needed for this form of power module must provide low noise and ripple.
In the power transmission of offshore wind power systems by high voltage direct current (HVDC), the DC / DC converter module is used to pass power from wind turbines to HVDC terminals and plays a crucial role in providing high voltage gain, high output and high resistance to failures. This paper introduces a revolutionary multi-port DC / DC converter module with several modules connected in a flexible matrix configuration, which simultaneously provides an ultra-high voltage step-up ratio and low voltage / current part rating. Besides, soft-switching is obtained for all power switches due to the introduction of integrated clamping current-fed push-pull (CFPP) converters as sub-modules (SM) and the currents of series-connected CFPP converters are auto-balanced, which significantly reduce switching losses and control complexity. Furthermore, owing to the expandable matrix structure, the output voltage and power of a modular converter can be controlled by those of a single SM, or by adjusting the column and row numbers of the matrix. High control flexibility improves fault tolerance.
Moreover, due to the flexible control, the proposed converter can transfer power directly from multiple ports to HVDC terminals without bus cable. In this paper, the design of the proposed converter is introduced, and its functions are illustrated by simulation results. Conditions shift periodically in demand for converters. The sector is currently fraught with complexities that will produce changes that provide the power supply makers with both opportunities and challenges. This sector has thrived on creativity in the past and generated momentum for the power supply industry. Still, today many developments in the environmental and business environment present a multitude of opportunities. The consolidation of the sector is causing many changes, both in the consumer markets and in the converter module market.
There are three types of converter modules, comprising the DC-DC converter module, DC-AC converter module, an AC-DC converter module. Among these converter modules, the DC-DC converter module led the global market in 2018 and is poised to witness the highest growth rate in the near future. An upsurge in the adoption of smartphones, wearable devices, and robots has contributed to the growth of these converter modules.
By application, the global converter modules market operates in numerous industry verticals such as transportation & logistics, IT & telecommunication, industrial, healthcare, aerospace & defense, and others. Among these segments, the IT & telecommunication segment dominated the global converter modules market in 2018 and is slated to maintain its leed during the near future.
More Information@
Converter Modules Market by Type, Trend, Growth and Overview – 2025 | MRFR
Converter Modules Market is Projected to grow at a 7% CAGR over the review years, Global Converter…
Read on marketresearchfuture.com
About Market Research Future:At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.Contact:Market Research Future+1 646 845 9312Email: [email protected]
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Twelve Start-Ups to Bring Digital Solutions to Market
The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore, has announced funding for 12 start-ups.
The initiative is part of the Port Innovation Ecosystem Reimagined @ BLOCK71 (PIER71)’s Smart Port Challenge (SPC) 2019, and the 12 start-ups have each been awarded S$50,000 in grant funding from MPA. The funding will enable them to conduct prototype development and test-bed their near market-ready solutions.
Over the next 12 months, the start-ups will be working on pilot projects in collaboration with PIER71’s maritime corporate partners, who will provide subject matter expertise, test data, as well as a platform to test-bed their solutions. Their grant applications were assessed based on the viability of their solutions in addressing maritime challenges focusing on technologies such as artificial intelligence, virtual and augmented reality, blockchain, robotics and wearables. The start-ups are:
ABEJA ASA Development C-LOG Cerekon Dravam Kanda KoiReader Technologies Marified Megapixel Newton Services Research (local entity of Delvify) Performance Rotors Tropical Renewable Energy Engineering (TREE)
Speaking of two of the start-ups, Ron Fong, Regional IT Manager of Teekay said, “The use of Kanda’s VR solution to simulate a safety procedure known as Lock Out Tag Out will allow our crew to undergo training in a virtual tanker which is essentially a digital twin of the one they work on, without endangering their lives or damaging any equipment. We’re also working with Cerekon to explore a remote support system, that will enable our onboard engineers to use voice-activated head-mounted wearables to safely and more efficiently conduct equipment maintenance.”
Eight out of 13 of the previous grant recipients from Smart Port Challenge 2018 have completed their pilot projects, with the remaining five nearing completion. Ship Supplies Direct, a start-up focusing on improving marine logistics and supply chain, has reported up to 30 percent reduction in delivery costs and up to three hours less waiting time per delivery through their pilot project with PSA International.
Aeras Medical, a start-up with experience in the healthcare industry, also completed a three-month onboard trial with OMC Shipping. Their vital signs monitoring solution was used to monitor and manage crew health remotely, and achieved high adherence rate among the crew.
ABEJA
ABEJA is one of the first start-ups specializing in machine learning and deep learning in Asia. The organization has deployed over 200 artificial intelligence (AI) projects across various industries and specializes in implementing computer vision solutions. For the maritime industry, ABEJA is using video analytics and deep learning to automate many routine tasks that are manual and tedious. With improved operations, companies can help their employees achieve greater productivity and focus on higher-level endeavors. Backed by investors including Google, Nvidia, Salesforce, ABEJA was the only Japanese start-up to be commended by CB Insights (AI 100: The Artificial Intelligence Start-ups Redefining Industries).
https://www.abejaglobal.com/
KoiReader Technologies
Checking and cross-referencing financial and declaration documentation is a labour intensive process in the maritime industry. KoiReader has developed an innovative machine learning visual recognition system that extracts contextual data from documents (image and text) and enters it into legacy and ERP systems as actionable operational data. This improves the accuracy of filling up logistics data for regulatory clearance, brings down the cost of document processing from $2.50 to less than few cents per page, and reduces operational risks such as those associated with mis-declaration of dangerous goods.
www.koireader.com
Megapixel
A massive amount of communication goes on as part of daily vessel operations. However, the absence of a system to track and tag real-time and past information makes the retrieval of historical data difficult and time consuming. Harnessing its rich development experience, Megapixel has developed a solution called Globarius which has already been successful in the construction industry and is being adapted for the maritime industry to provide port/terminal operators with a knowledge repository, using progress tracking tools to collect, organize and report data.
www.megapixel.sg
ASA Development
ASA Development, through a decade of refinement and testing, has created the Contego Productivity Platform, a tool that has helped many organizations improve their operational efficiency, through standardization of process and centralization of data from remote sites. Contego Audit has helped many offshore and maritime companies make sense of previously fragmented processes. Contego Document Management has enabled organizations to mobilize management systems so all company information is at the fingertips of the people who need it the most. ASA’s team is dedicated to making the maritime industry more efficient through the use of tools that make life easier.
www.contegoforbusiness.com
C-LOG
C-LOG is pioneering data collaboration in the maritime industry by making inter-organisational sharing of crew documentation easier and faster while respecting the data privacy of the seafarer. Addressing a challenge to develop a crew-centric platform that supports self-management and career development within the maritime industry, C-LOG is creating a solution that digitizes current paper-based processes by leveraging blockchain and AI. This would save the maritime industry between 30-50 percent of costs related to handling crew documentation.
www.c-log.io
Cerekon
Efficiency, safety and productivity are key concerns when it comes to the inspection and maintenance of vessels, particularly entire fleets. As a smart wearables solution provider, Cerekon’s AI based “Voice-driven Handsfree Inspection & Remote Support System” enables field personnel to conduct inspections, capture issues, conduct audits, diagnose problems and train staff, without the use of handheld devices or paper based systems. By wearing the specially designed wearables, personnel can safely conduct audits, identify leakages/cracks, access digital checklists, auto-generate job reports, by using simple human voice commands and live stream their work to seek remote assistance, without the need for bulky devices, leaving their hands free to carry tools/equipment or hold on-to hand rails for safety.
www.cerekon.com
Dravam
Dravam’s innovative fuel quality monitoring solution is an early detection system, scanning the entire bunker transfer for contaminants and currently providing near real-time information about the fuel quality. Installed seamlessly onto a vessel, this patented solution increases efficiency and assurance of bunkering operations, and addresses the industry’s need for faster fuel quality testing. With Singapore being the world’s first port to implement mass flow metering, to ensure quantity of bunker, the implementation of enhanced quality monitoring will enable Singapore port to ensure “Q&Q” (Quantity and Quality) of the bunker fuel.
http://www.dravam.com/
Kanda
Kanda is creating virtual and augmented reality platforms, coupled with machine learning to address the high costs associated with hiring and training within the maritime industry. Using a photo-realistic digital twin of an entire tanker, Kanda is building a virtual reality training session that allows crew members to move around the simulated tanker. Kanda has also created a unique technique that uses machine learning and situational judgment to validate how well a candidate’s response correlates to performance as part of the recruitment process.
https://www.kanda.dk/
Marified
Building on the success and traction its parent company, Edufied, had gain with its blockchain-based storage and verification solution for the education industry, Marified has created a digital wallet that secures a seafarer’s certifications against forgery and is accessible from anywhere in the world. This could reduce the administrative loads of flag states, port clearance authorities, shipowners, ship management companies and training centers by 90-97 percent. The use of blockchain technology also reduces the risks associated with hacking of current digital solutions.
www.marified.network
Newton Services Research (local entity of Delvify)
Delvify builds and runs predictive AI models for businesses. Using state-of-the-art, built in-house AI tools including computer vision, natural language processing and automated speech recognition we help maritime enterprises clean, categorize and analyze their data to optimize operational processes. We take data such as past customer actions, combine it with third party data to create a forecasting and decision-making platform to recommend actions to vessel operators looking to optimize roll-pools, pricing and loadings.
www.delvify.io
Performance Rotors
In-hull ship inspections are both time-consuming and risky due to confined spaces, heights, lack of oxygen or presence of toxic or flammable gasses. By bringing their confined drone technology with AI defect identification and non-destructive testing (NDT) to the maritime industry, Performance Rotors can help to minimize such risks and costs. Their method uses NDT technology in addition to video, to allow for detailed inspection, digitalization, data science and management, which leads to easier comparison of results for better prediction and maintenance program formulation.
www.performance-rotors.com
Tropical Renewable Energy Engineering (TREE)
TREE supports Singapore’s green port initiative by providing novel and innovative solutions towards Digital twin based marine asset health monitoring with real-time capability. TREE’s underwater drone-based solution aims to minimize downtime of marine assets by providing early information on potential failures of marine assets, to take timely preventive actions much faster than conventional maintenance methods. TREE also specializes in resource mapping and environmental impact of water bodies and coastal locations using novel sensor integrated surficial robots that provides vital information such as seabed bathymetry, water quality and tidal flow and wave conditions.
www.tree.sg
from Storage Containers https://www.maritime-executive.com/article/twelve-start-ups-to-bring-digital-solutions-to-market via http://www.rssmix.com/
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Gearbox solutions for 5G application scenario
Recently, at the World Mobile Communications Conference in Barcelona, many companies such as Huawei, ZTE, and OPPO have released their own 5G mobile phones. 5G, a feast of advance notice, will be presented to us.
5G has become a unified connection architecture and innovation platform for all things. 5G plays a important role in Internet of things, Automotive and Industrial Internet.From consumption to investment to exports, 5G will have a driving role in these three levels. Today,i want to write about the relevant extensions of the various gearbox solutions in the 5G application scenario.
Zhaowei is helping to shape the 5G future by creating gear transmission technology that can realize the functions of smart home, intelligent health, automatic driving, drone distribution systems, virtual reality and more.
ZHAOWEI intelligent communication drive solutions lead EMBB to achieve high-speed link
The biggest difference between 4G and 5G is the difference between base stations.
5G base station antenna for the future, ZHAOWEI R&D team has designed the electric gear box for mobile phone base station antenna combining with the multi-frequency and multi-port, miniaturization and intelligentization of mobile phone base stations,so the gearbox can more intelligently control and adjust the elevation direction,which makes the mobile bandwidth high-speed smooth and intelligently realizes the maximum coverage, the minimum coverage and the main coverage of the area flow.
The transition of the phone base antenna from manual adjustment to electric adjustment can intelligently adjust the elevation direction according to the bandwidth,meeting the user's expectation for higher bandwidth and a large number of critical communication tasks.
Higher EMBB,closer to the MMTC intelligent world of internet of everything.
Smart home solutions lead smart home into the age of AI
Zhaowei has always been committed to providing innovative technology solutions and services to the smart home market, enabling smart homes to serve our lives and creating a healthier life. Based on our years of experience in R&D and design of miniature gearboxes,we have designed and developed solutions of home motors and gearboxes according to customer’s needs,which have the characteristics of miniature, large torque, small volume, low noise, high temperature difference and high efficiency.
Intelligent Logistics Solution building an efficient and modern smart factory
The emergence of the self-service system of the intelligent express cabinet solves the last 100-meter problem encountered in the development of the express industry,which is an important symbol of the transformation from the traditional express delivery to the intelligent express delivery. But at the same time, the intelligent express cabinet self-service in the process of development still has some problems need to solve, layout, fees, security and so on. Considering factory quality inspection, warehousing logistics, intelligent monitoring and other scenarios, ZHAOWEI based on face, image, PaddlePaddle,EasyDL and other technologies, provides intelligent logistics solutions for logistics security, quality inspection in production line , park management and so on,improving production safety management ability.
Intelligent Urban solution---"Technology& Ecology" Intelligent Transportation
In the monitoring system of the layout smart city, we have developed and designed the camera PTZ gearbox solution to solve the horizontal and vertical continuous running angles of the camera PTZ and the adjustment of the running speed, including rapid response capability, reliability and life of high-speed operation, and stability of low-speed operation and avoidance unclear camera caused by jitter. Smart City Drive Solutions adheres to the concept of “Technology + Ecology” to create a smart transportation integrated cloud platform based on big data, artificial intelligence, cloud computing and other technologies, and ZHAOWEI provides excellent solutions for traffic, management and provides service for citizens.
Smart Medical Solution open the era of big data in medical service
Based on the Internet of Things, ZHAOWEI designs and develops small-sized and intelligently adjustable equipment or instruments to create intelligent wearable terminal devices, realizing the interaction between patients and medical personnel, medical institutions and medical devices, and building a smart medical service system. ZHAOWEI provides medical and health solutions which are comprehensive coverage, safe and controllable, simple operation and maintenance, and future-oriented.
Zhaowei intelligent transmission solution is more than high-speed, solving URLLC without delay.
In order to control the smooth operation of the equipment,Intelligent robot drive solutions can realize high efficiency and advanced speed control functions .We have designed a drive system with a smaller, multi-stage transmission structure to achieve stable, small-volume, high-torque transmission requirements.
Surgical instruments requires high power, high speed and high efficiency. We have gradually replaced servo motors with stepper motors in combination with planetary gearboxes to improve the efficiency of medical procedures. Our medical motors are characterized by miniature, large torque, small volume, low noise, and high and low temperature resistance.
Based on SD maps, ASAS maps, high-precision maps, AI, and big data, Zhaowei provides intelligent automobile drive solutions to domestic and foreign automobile companies, and works with automobile companies, Tier1 manufacturers, chip manufacturers and service providers to create smart car new ecology.Unmanned driving requires inter-vehicle communication to improve road traffic efficiency. For example, to avoid "Phantom traffic jams" ,in order to achieve multi-vehicle high-speed driving, it is necessary to realize that when a certain vehicle brakes decelerate, it can send information to other vehicles through a high-speed network, and notify all vehicles to synchronously brake.The high-speed and high-bandwidth of 5G precisely meets the needs of such information transmission. In the era of the car, a comprehensive wireless connection can integrate additional services such as navigation systems into the vehicle to support frequent information exchange between the vehicle control system and the cloud system, reducing human intervention. 5G is likely to become a unified connection technology to meet future connectivity requirements for shared car, remote operation, automatic and collaborative driving, and to replace or complement existing information connection technologies.
In the future of the Internet of Everything, the low-power, extensive coverage of 5G provides a new and powerful support for the Internet of Things, opening an era of intelligent life. Zhaowei, specializing in the development and production of precision drive systems, provides customers with customized services for intelligent transmission design, production and assembly of parts, with the aim of providing intelligent transmission solutions customization and design for various application scenarios.
Portal:https://www.zwgearbox.com/
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Here are the 63 startups that launched today at Y Combinators S18 Demo Day 1
From “cheese 2.0” to connecting flights for satellites, Y Combinator showed off a wide array of early-stage startups fresh from its YC Summer 2018 batch. A total of 63 companies took to the stage in front of a full audience at the Computer History Museum today in Mountain View to pitch on-off switches for organisms, laundry detergent subscription services, gymless gyms, lab-grown palm oil and sugary sugar substitutes.
It felt like every other startup was trying to make us try vegan chicken nuggets, but from a bird’s-eye view, this YC batch saw startups clustered around B2B software and services (30 percent of companies), healthcare (28 percent), consumer goods and services (9 percent) and consumer media (7 percent). (Yes, blockchain companies were right behind, comprising 5 percent of companies.)
For this batch, YC’s efforts to get more female founders on board mostly held steady, with 15 percent female founders, down one percent from last round’s 16 percent. YC’s diversity tracking around race showed a little more activity: 11 percent of this cohort’s founders were black or latinx, up from 9 percent in the previous group. A total of 19 countries were represented across the 132 companies pitching over two days, and 28 percent of companies were based outside the U.S.
Which companies will go on to make a unicorn-sized splash? Are there really that many vegans? To figure it all out, you can read through our full list of the day’s YC S18 companies below (be sure to take a coffee break or two) or check back later for our own picks of today’s most interesting startups. Without further ado…
Public Recreation
The founders of Public Recreation want to take your workout outside. The company offers a modular system of benches, bars and smart lockers that can be installed anywhere, and for a subscription price of $50/month customers get access to classes ranging from yoga to strength training and conditioning. Their first pop up is in San Francisco… literally on the corner of Octavia and Hayes.
BlueCargo
BlueCargo is optimizing container management for ports, kind of like Jenga for shipping containers. Normally, a single move costs a port $30, but up to 50 percent of those moves might not even be needed at all. Due to inefficient shuffling processes, terminals waste as much as $20 billion a year, but BlueCargo would eliminate that waste with machine learning, they say. The company has one paid pilot with France’s port of Saint Nazaire to date, with three more in the works around the world. BlueCargo is also about to start working with the port of Long Beach, Calif. — one of the largest ports in the U.S.
HoneyLove
HoneyLove aims to disrupt the traditional shapewear market by making an affordable, high-quality product that actually works.
The $89 product uses supportive structures inside the seams of the garment, similar to the flexible boning used in old-school corsets, and encases those structures in a soft channel of protective fabric. This simple enhancement ensures that the garment doesn’t bunch up around the legs or waistband. The company has already sold $500K in product
Read more about HoneyLove here.
C16 Biosciences
C16 Biosciences is aiming to greatly reduce greenhouse gas emissions across the globe with their lab-grown palm oil, an alternative to a product that is found in a truly massive amount of goods. C16’s alternative grown in bioreactors with yeast is 20 percent less expensive to customers but “doesn’t destroy the planet,” the company says. The startup has already begun early partnerships with a number of beauty and food distributors that together spend about $1.2 billion on palm oil annually.
Kobo360
Kobo360 is a Nigerian startup that wants to be the Uber for logistics and trucking in Nigeria… with a twist. With $1.3 million in funding already in the bank, the startup not only has an on-demand trucking solution linking shippers with excess trucking capacity, it has also set up a crowdfunding platform called Kobo Wealth Investment Network, or KoboWIN to enable Kobo drivers to finance new trucks through citizen investors and pay them back directly (with interest) over a 60-month period.
JetLenses
JetLenses is taking on the major contact lens e-commerce sites and other online ordering systems. The startup’s goal is to bring down the cost of prescription products by automating the overhead associated with these businesses, then pass those savings on to consumers.
For example, it automates the process of contacting doctors to verify prescriptions by maintaining a data set of existing practices, automatically faxing the office to verify the prescription and then processing the doctor’s office response.
Read more about JetLenses here.
Higia
By monitoring thermal patterns inside a breast, the startup Higia hopes it can offer women a better, non-invasive method to detect breast cancer. The company’s wearable device, called EVA, can be placed under any sports bra, and offers a new way to fill the gaps that current screening techniques aren’t addressing — things like early breast cancer detection in women with high breast density. The company has already pre-sold 5,000 units in Mexico and will begin shipping them in the fall of 2018.
Read more about Higia here.
CSPA
Founder and head of engineering at Crunchyroll, James Lin knows all about the pain of finding and hiring talented software engineers. That’s why Lin started The Computer Science Proficiency Assessment, which is basically the SAT for software engineers. Lin and his team have created standardized exams that are held in classrooms on or near college campuses and test both practical knowledge and theoretical principles.
Students pay to take the tests and have their results shared with the more than 60 companies that are now accepting the results when considering new candidates.
Sterblue
Sterblue is a French drone software startup aiming to get off-the-shelf drones inspecting large outdoor structures up close with automated insights that identify anomalies that need a second look.
The startup’s software is specifically focused on enabling drones to easily inspect large power lines or wind turbines with simple automated trajectories that can get a job done much quicker and with less room for human error.
Read more about Sterblue here.
Cambridge Glycoscience
Looking to bake the perfect treat with a sugar substitute that can mimic not just the sweetness, but the gooey caramelization and sticky sweetness that typically only comes from real sugar? Well, YC company Cambridge Glycoscience has the sweetener for you. The company expects to produce its sugar substitutes at a cost that can make low- and no-sugar foods even more accessible for mainstream consumers. So toss that corn syrup and get ready for a new flavor revolution.
Their manufacturing process will let them produce their sugar substitute at scale and they have a patent portfolio to protect their innovation. Notably, they have signed letters of intent with five companies already, including Haribo.
Togg
Yingzhe Fu, a graduate of the University of California at Berkeley, has been developing this home sensing and automation product at least since his graduation in 2016. Togg’s product is now installed in eight assisted living centers around the U.S. and is able to capture more accurately than actual caregivers at a facility changes in residents’ health, including sleep, breathing, bathroom visits and movement speed.
Given the explosion in the number of elderly in need of home care (both in the U.S. and in Fu’s native China), it seems like Fu’s Togg is a product hitting the market at the right time.
AskMyClass
Using smart speakers like the Amazon Alexa or Google Home, AskMyClass is bringing a deeper set of skills to elementary school classrooms. Like homes, schools are quickly picking up on the benefits of smart speaker deployment, and using AskMyClass teachers now can let those speakers handle a range of daily tasks, from vocabulary reviews to refocusing exercises — the software can even take notes and make lists for teachers on the go.
Teachers using it are reclaiming as much as 75 minutes a week in the classroom by using AskMyClass as a kind of teaching assistant. For example, AskMyClass can run math drills with one set of students while another works directly with their instructor. In five weeks, they’ve on-boarded 436 classrooms.
Skydrop
Making e-commerce easier across Latin America, Skydrop is focused on estimating drop-off times, buying and printing shipping labels and handling returns for its customers. Through a network of independent drivers, alongside a logistics platform recreated from the ground up, Skydrop is looking to offer shipping labels at a fraction of the cost by aggregating orders with thousands of like-minded (and like-sized) businesses. Companies simply add Skydrop’s plugin to their own online store and watch their logistics burdens take off.
Cytera CellWorks
Cytera CellWorks hopes to revolutionize the so-called “clean meat” industry through the automation of cell cultures. It uses robotic automation to configure cell cultures used in things like growing turkey meat from a petri dish or testing stem cells.
Originally, the company was going to go for general automation in the lab, but had enough interest from clients and potential business in just the cell culture automation aspect they’re focused on that for now, and changed the name for clarity.
Read more about Cytera CellWorks here.
JITX
Designing circuit boards as a service won JITX a spot in this latest batch of Y Combinator companies. Currently, every circuit board is designed manually by skilled engineers, but using JITX’s machine learning software, circuit boards can be created automatically, which can save both time and money for hardware companies.
Names & Faces
Not Facebook but not LinkedIn either, Names & Faces aims to offer any growing company a simple, fast directory of employees built specifically for that purpose alone. The company wants to solve a problem experienced by everyone at a company, from its low-level employees to chief executives: when your company gets bigger, it’s hard to keep track of who’s who. Names & Faces already has more than 100 customers, including L’Oreal, Uber and FedEx, with sales doubling month to month.
Buttermilk
Buttermilk offers a variety of Indian dishes at a low price that can be cooked up by simply adding hot water. Based in Seattle, Buttermilk launched in 2017 to the local market and has since expanded to serve their products across the country.
Dishes include Sambar, Daal, Khichdi, Rasam and Upma, all of which cost $6 each. Buttermilk also sells Basmati rice for $1.50. And there are “suites,” which pack a handful of meals into one shipment.
Read more about Buttermilk here.
Send Reality
Send Reality is looking to offer full 3D-modeling for virtual walk-throughs of real estate listings. The company sends photographers out to the listing with an iPad, a commodity depth sensor and a specialized Send Reality app. These photographers take hundreds of thousands of photos, and the Send Reality technology stitches those photos together to create a complete 3D model.
Send Reality sells directly to realtors, offering the product for $500 to $800 depending on the size and complexity of the home. In the future, the company can bring down that price point by allowing realtors to scan the home themselves from their own smartphone.
Read more about Send Reality here.
Allotrope Medical
Allotrope Medical has developed an electrical stimulation technology for smooth muscles that allows surgeons to identify critical tissue structures and distinguish functional from dysfunctional urologic and gastrointestinal issues. The Houston-based company is focused initially on decreasing the rate of injury to ureters during surgery.
With more than 3 million surgeries performed in the U.S. alone requiring identification and protection of ureters, there’s a $3.2 billion burden on healthcare systems due to injuries. The company is running an active clinical trial in Dallas and aims to be on the market by the end of 2019.
Augmented Radar Imaging
Augmented Radar Imaging wants to address the kind of issues that have caused high-profile driverless vehicle accidents. The company aims to solve two problems for current radar technologies: recognizing stationary objects and triggering false alarms.
With a team of radio engineers, physicists and data scientists, ARI has built a wide field-of-view high-resolution radar system called Camdar that provides 3D spatial imaging plus velocity data and a solid state sensor with no moving parts that claims to be 300x more accurate than GPS. With five radar units per average in a self-driving vehicle, ARI could be looking at a $100 billion market if it can make inroads on those roads.
Canary Technologies
The Canary Technologies co-founders have worked in the hotel industry, and have come to the conclusion that existing hotel software is awful. The company is working to tackle some of this dated software piece-by-piece, starting with their far less dated programs used to handle offline booking processes. They’re getting rid of paper contracts, instead using modern software that can make life easier for hotels.
Qurasense
Qurasense doesn’t think your period blood should go to waste. The company has developed a “diagnostic menstrual pad” called the Q Pad that includes an embedded collection strip that passively collects blood samples on a test strip that can be mailed for diagnostic testing which is then turned into data.
So far the company has run five clinical trials of a total of 500 women. It has 14 validated blood screening tests and two tests for sexually transmitted diseases and will operate on a $25 a month subscription model. Qurasense is working with Stanford Medicine to become the go-to platform for cervical cancer screening.
Inokyo
Inokyo wants to be the indie Amazon Go, with a cashierless autonomous retail store. Cameras track what you grab from shelves, and with a single QR scan of the app on your way in and out of the store, you’re charged for what you’ve picked up.
The first store is now open on Mountain View’s Castro Street, selling an array of kombuchas, snacks, protein powders and bath products.
Read more about Inokyo here.
Tenderd
Based in Dubai and serving the entire Middle East and North African region, Tenderd is an on-demand marketplace for heavy equipment like bulldozers and cranes. Think of it as the Uber for heavy equipment. The company began when the company’s founder left San Francisco to run the family business in the United Arab Emirates because of a family emergency. When he took the wheel, he steered the company toward what he realized was the most profitable business — renting out the heavy equipment. However, the process was so slow and cumbersome that the seasoned Bay Area resident launched Tenderd to solve his — and the region’s — problem.
Momentus
The heart of Momentus’ propulsion technology for space flight is a new system that uses water as a propellant instead of chemicals.
Using water has several benefits, the startup says. One, it’s a fuel source that’s abundant in outer space, and it’s ultimately better and more efficient fuel for flight beyond low Earth orbit.
Read more about Momentus here.
Spero Foods
Spero Foods is joining the legion of companies trying to transform the food industry with substitutes for animal proteins based on data analytics. Founder Phaedra Randolph launched the company after experiencing the transformative benefits of transitioning to a plant-based diet. Most vegetable substitutes for animal proteins lacked the flavor, texture and nutritional heft of their animal corollaries. So Randolph used her background in bioscience and software engineering to tackle the taste issue.
InkHunter
InkHunter is an augmented reality tattoo try-on app. The idea is that you can see how a tattoo might like on your skin before you actually make a booking with the tattoo artist.
The app requires people to anchor the virtual design by making a few pen marks on their skin where they want the tattoo to live. It also supports taking and sharing photos.
Read more about InkHunter here.
FREY
FREY is pitching dudes a new kind of detergent for the new way they live their lives (read on a monthly subscription basis). The company bills itself as an antidote to the tired myth that only women are doing laundry with products that incorporate natural ingredients, heady fragrances and plant-derived surfactants, enzymes and oils for stain fighting. Add that subscription model and 20 percent month-over-month growth in the last 12 months and product margins post 60 percent post-shipping, and that’s a pitch that won’t rinse out in the wash.
Aalo
If you’re tired of the universal sameness of the typical IKEA, West Elm or CB2-bedecked apartment, well look no further than Aalo, the new YC company that wants you to be your own furniture designer. With a Lego-like (not Legolas) furniture system composed of customizable, hackable and reusable parts, individuals can design their own furniture with a by-the-inch customization system for do-it-yourself designs. Founded by ex-Toyota engineer Sejun Park, Aalo was created when an attempt to “hack” an IKEA shelf collapsed under the burden of its shoddy materials and zero weight support.
Demonpore
Nanopores identify molecules like DNA and Demonpore is the world’s first mechanical nanopore. Because normal, fixed nanopores require a good fit, they can only look at molecules that fit a pore well, which usually means being limited to DNA. Demonpore can change its size, making it possible to examine any kind of molecule at the nanometer scale. With a founder from Halcyon Molecular and a team of 70 scientists and engineers, Demonpore is developing a universal biomolecular sensor that can measure “virtually any type” of molecule with relevance to human health.
Savvy
Imagine being the all-seeing, all-knowing lookout for all of your company’s interactions with vendors, suppliers and customers. That’s what the YC-backed startup Savvy is looking to provide to users by bringing together all of a company’s cloud applications into a single view. “Savvy is the glue between your work applications.” Not just slang for pirates, savvy is the know-how for all external interactions and can make businesses more savvy about their communications and operations.
Cloud Workout
Logging onto Twitch may not be the most physically active experience in the world, but Cloud Workout wants to take the site’s model and build a fitness empire in its image, bringing fitness instructors to their site who can become fitness personalities and build audiences. The company’s streaming product is in private beta currently.
Synvivia
Genetic engineering is one of the most powerful new tools of the 21st century, but its ascendance has come with attendant fears that the technology may not be able to be controlled when it’s unleashed from a laboratory. YC-backed Synvivia is developing what amounts to the kill switch for synthetic biology outside of a lab. Commercializing technology developed by UC Berkeley with grants from the NSF and DARPA, Synvivia’s genetically encoded bio-containment system engineers organisms to only live when they have access to specific, small molecules. These type of control and containment measures are critical for the development of the industry.
RealtyBits
With a service that’s creating blockchain-based tokens for commercial real estate properties, RealtyBits is hoping to increase liquidity for investors and property owners. The goal is to let real estate funds take cryptocurrency investments from verified financiers globally while reducing transaction costs, which can amount to 10 percent in fund creation and investments across what the company says is a $9 trillion industry.
#ME
Taking the Highrise virtual community one step further, #ME is an avatar-based social network where users can make friends and influence virtual people through real-time games and experiences. The original bootstrapped social media avatar game from which #ME evolved has already raked in $5 million in sales and attracted more than 3 million registered users. At the core of that popularity is the company’s ability to create virtual identities untethered from the real world that appeals to a Gen Z audience, according to the founder’s pitch.
“We’re taking everything we learned from Highrise and building a better one,” says Anton Bernstein, the company’s chief executive. “The next Facebook will be a virtual world. And we launched it 30 days ago.”
Grabb-It
Grabb-It turns a car’s side rear window into a full-color display, playing location-aware ads to anyone who might be standing curbside. The product’s designed for rideshare/delivery drivers, enabling them to make a bit of extra coin while doing the driving they’re already doing.
As the driver crosses town, the ads can automatically switch to focus on businesses nearby. Near the ball park? It might pitch you on tickets for tonight’s game. Over in The Mission? It could play an ad about happy hour at the bar behind you.
Read more about Grabb-It here.
Alpha Vantage
For investors seeking a new way to create alpha from financial market data, Alpha Vantage has an API toolkit to give them a leg up. Using these low-cost APIs, developers can create digital assets like iOS/Android apps and trading monitoring, management and suggestion toolkits. The company already has over 100,000 registered users making over 300 million API requests on a daily basis.
BrainHi
Co-founders Israel Figueroa Fontanez and Emmanuel Oquendo came up with the idea for BrainHi in the aftermath of Hurricane Maria. When the devastation wrought by the hurricane made communicating with doctors’ offices nearly impossible on the island of Puerto Rico, the two founders thought there must be a better way to manage the process. The solution they came up with is an automated answering service that handles phone calls, texts and Facebook messages with an automated bot that can schedule doctors visits and answer non-medical questions. The company already has 100 doctors, chiropractors and veterinarians in the U.S. and Puerto Rico.
BHRD
Managing relationships with shareholders is an expensive business for public companies. Recalcitrant board members, activist shareholders and others can create problems for a management team focused on long-term growth. Using BHRD, companies can focus on targeting and engaging the investors who are aligned with their long-term vision, freeing big business to focus on their business, rather than managing shareholder expectations.
Camelot
Camelot is a mobile app for esports betting… and one of the first companies to blaze a trail in the sure-to-be-lucrative business operating at the intersection of video gaming and sports betting. The company gives fans access to live updates and stats and an interface to bet against friends. In the wake of the recent Supreme Court decision, there are billions of dollars to be made facilitating betting in any sport — including esports. Camelot is rolling the dice that it can hit the right number in this emerging market.
Inscribe
Using a web platform and APIs, Inscribe is pitching a service to identify digital forgeries in documents. The company’s technology uses image forensics and machine learning to check documents like bank statements, tax forms and forms of state and national identification to look for tampered names, figures, text or signatures. The killjoys at Inscribe may finally get rid of the fake ID, but they’re also solving a billion-dollar market in online fraud.
Fintual
Image credit: Li-Anne Dias, Crunchbase News.
Betterment, the wildly successful automated financial management and investment platform, is getting a Latin American twist with Fintual. The company offers wealth management services through low-fee mutual funds intelligently managed by the same sort of toolkit that used to be available to big banks and the quant programmers that work for them. It’s already a success in the markets it’s selling into, with week-over-week growth of around 10 percent.
Four Growers
The robot revolution is coming for agriculture, and one of the places where those robots will first raise their flag is in the hothouse. That’s the vision that Four Growers has laid out as it seeks to sell its robots to farms already squeezed by a labor shortage that shows no sign of relenting. The company pitches consistent quality of picked grapes or cherry tomatoes and a “workforce” that’s dependable and efficient. Four Growers predicts it can replace at least four human laborers with its robots, representing incredible economic efficiencies for growers.
AnnieCannons
AnnieCannons is a San Francisco-based nonprofit coding bootcamp aimed at transforming survivors of human trafficking into software developers or professionals in the technology industry.
Founded by Jessica Hubley and Laura Hackney, the organization aims to help the up to 18,000 people who the Justice Department believes are trafficked in the U.S. every year. The organization reaches out to after-care services organizations around legal aid and counseling services that are interested in placing survivors into a job-training program. AnnieCannons starts with basic technical and job proficiencies and then works on getting their students into coding and development work.
BuyCoins
BuyCoins wants to be the cryptocurrency exchange for Africa. Emerging markets are the ideal test bed and proving ground for cryptocurrencies and, in some cases, they’re the least able to take advantage of the purported efficiencies that these new platforms offer. BuyCoins is the only exchange in Nigeria that allows Nigerians to buy and sell cryptocurrencies, ranging from Bitcoin and Ethereum, to Litecoin and Bitcoin Cash, directly with their local bank account or debit card. There’s already $4 billion traded in cryptocurrency in Nigeria and the market is growing quickly.
Mac’d
Mac’d is a build-your-own mac and cheese restaurant that lets customers choose their own adventure from the beginning. The company plans to expand through a low-cost “ghost kitchen” approach, where it rents out kitchen space and sells its mac and cheese strictly through providers like UberEats, Caviar, DoorDash and Postmates.
And to quote TechCrunch’s Megan Rose Dickey: “The mac and cheese was bomb.”
Read more about Mac’d here.
Penta Medical
For professional athletes, nothing is more frightening or career damaging than an injury. And Penta Medical wants to make those fears a thing of the past. The company has developed a wearable cold laser therapy system that purports to relieve muscle and joint pain, increase circulation and relieve muscle spasms, all with a tap of a button on the smartphone. Indeed, Penta also tracks injury data, provides coaches and healthcare providers with visual representations and range of motion trends.
Coaches can even track how their team compares with others in a league. It’s important to note that the company isn’t for athletes alone. People in the U.S. are already spending $6 billion and they’re the ideal market for Penta Medical’s smart hardware for chronic pain treatment and management.
Data Driven Bioscience
The 10 times faster and 10 times cheaper cancer diagnoses that Data Driven Biosciences promises for hospitals that use its genomic diagnostic tests could transform untold numbers of lives. Dr. Sandeep Dave, the oncologist and tenured professor from Duke University who founded the company, experienced firsthand how patients and doctors are affected by delays in getting a correct diagnosis of cancer.
Using standard equipment already deployed at hospitals around the country, Data Driven Bioscience is pitching a test that connects with the company’s cloud-based machine-learning software and a database of more than 10,000 tumors to diagnose cancers within 24 hours.
Rain Neuromorphics
The founders of Rain Neuromorphics found inspiration for their processor for artificial intelligence applications in the function of the human brain. The company touts its Memristive Nanowire Neural Network chip architecture as being able to train larger, more powerful neural networks than any commercial chip that’s currently on the market. Fast, fully parallel and ultra scalable, these chips are said to be capable of both online training and low-power inference, to enable complex machine learning applications both in the cloud and directly on a device.
As neurons increase, training time increases dramatically, but the company’s neuromorphic hardware scales well in time, but take up a lot of space on a chip. The company’s new architecture creates a structure that is filled with neurons connected by nanowires, and believes it can build and train the equivalent of $1 billion. With a $2 million letter of intent from OpenAI, several patents filed and contracts with TSMC, the company is putting its neurons where its synapses are.
Spate
The “Google Trends” for business is exactly what Spate wants to be for its users. The company is pitching a predictive engine that can let companies know what types of latte people will be drinking, the skin care products they’ll be using and the food that their dogs will be eating in the next year. It’s no surprise that the team at Spate is looking to take on Google, since that’s where the company’s founding team cut its teeth.
Their work (initially as one of the famed 20 percent projects) at the search giant led to a product, which drove decision-making over how to steer some of the world’s largest consumer packaged goods brands. They predicted the cold brew and turmeric trends and have a bet that yellow will be the next big color in the fashion world. There’s a spate of information out there, and the company wants to be the funnel to focus that flood of information into the right decisions.
Optic
Optic gives developers a way to grab very common coding use cases that they can drop right into their code. It works by finding the sort of routine additions developers might need, like how to create a form that will add a user to a database, as well as all the ancillary parts that come with it, like tests.
It works within a developer’s IDE, so they don’t have to look externally for the code they need. Right now it works for JavaScript, with Python next on the docket.
Read more about Optic here.
Phiar
Phiar is building an augmented reality navigation app for driving that shows a driver exactly where to go without taking their eyes off the wheel. With efficient AI fit into a smartphone, Phiar’s software can run at 200 fps on a dash-mounted iPhone.
With deep AI and computer vision expertise plus a team with members from Apple, Microsoft and VMware, Phiar wants to build the “killer AR application” to address the 1.7 billion people who use a navigation app each month. Phiar is counting on AR being the next meaningful evolution in driving navigation tech and a software solution that keeps a driver’s eyes on the road in front of them.
Seattle Food Tech
Photo: James A. Guilliam/Taxi/Getty Images
Seattle Food Tech looks to create what effectively looks and feels like a chicken nugget out of plant-based food — all the way down to the puff it gets in an oven.
It’s planning to sell its first product to larger food services companies. That’s the market that’s most useful, environmentally speaking, given that a significant portion of the chicken consumed by the population comes through food services.
Read more about Seattle Food Tech here.
Prodigal Technologies
Prodigal Technologies wants to improve the ways lenders collect money from borrowers. The company wants to make debt collection, if not kinder or gentler, then certainly more efficient. If a payor misses a payment, lenders can now reach out on any messaging platform and enable lenders to find borrowers where they are. The company has 11 pilots and three paying customers that handle $11 billion in origination of loans. There are $50 billion loans that aren’t paid, and with, Prodigal lenders can get a 20 percent improvement in loan repayment.
Viaopt
In the U.S., trucks are moving goods across the country with roughly 35 percent of their available cargo space underutilized. Viopt, a software company that aims to be an Uber pool for shipping, thinks it has the solution. If the 65 percent of underutilized capacity could be filled it would save $30 billion for companies and remove 100 million tons of carbon emissions. By linking small and medium-sized companies with excess capacity, the company hopes to give small retailers the same logistics opportunities that were only available to the largest retailers, shippers and logistics companies like Anheuser-Busch, Bimbo Bakeries and Turkey Hill Farms.
Goodly
Perks for employees are becoming a big business in the tight labor market and Goodly wants to make one of the most important perks — student loan repayment — easy and accessible for employers. While the benefits of providing this benefit are universally inarguable, when you look at statistics indicating that women hold two-thirds of student debt and owe half a trillion dollars more than their male colleagues, the perk becomes more persuasive. Couple that with the statistic that African American employees hold 31 percent more student loan debt than their white peers, and Goodly’s offering looks even better to employers worried about improving diversity.
In all, an employer contribution of less than the cost of a cup of coffee could help the average employee pay off their debts 8.5 years faster. Talk about potentially doing well by doing good. Offers 50 percent higher retention for millennial employees and is tackling a $5.4 billion market.
Regology
Hoping to take a bite out of the $10 billion market for financial services regulatory compliance, Regology has developed an automated software system to ease the burden for the world’s biggest financiers. Last year companies spent $54 billion on compliance and were still fined $22 billion for compliance failures. The company claims that its software can handle in a matter of hours the manual monitoring tasks that took companies months. Working with wealth management, banking, insurance and cryptocurrency companies, the company’s machine learning software aims to take the sting out of the Securities and Exchange Commission’s oversight.
Enveritas
Battling deforestation and child labor in manufacturers’ supply chains with software, Enveritas is helping companies secure themselves against reputational risk and increase efficiency in their operations. Initially focused on coffee companies, the platform Enveritas has built gives coffee companies a way to verify sustainability at origin for the coffee they source. While coffee may be the first industry, the work can be applied to other tropical products, including cocoa, cotton and palm oil (although if C16 — another YC company — has its way, palm oil may not be an issue).
Mylk Guys
Mylk Guys is the 100 percent vegan online grocery store I’ve never wanted, but maybe you have. Undoubtedly better for the environment than a carnivorous diet, vegan options can be healthy and they may be tasty, but the foods that combine the two are few and far between. Giving a curated approach to all of the foods on the market, Mylk Guys is the online vegan grocery store aiming to make shopping “simple af.” The company bills itself as the “online vegan Trader Joe’s.” There are 21 million vegans in America that spend $54 billion on groceries.
Numericcal
Simplifying machine learning on edge devices. Machine learning today lives in the cloud and it’s the biggest downside of machine learning in many systems, according to the founders of Numericcal. The solution is to move the processing down to the edge — something that can take two to six months for programmers. Numericcal has 20 billion potential devices that it can service in less time and for less money.
Oxygen
Breaking freelancers from the month-to-month boom-and-bust payment cycles that bind them, Oxygen provides working capital loans to freelancers who can go months without getting a paycheck. The company is more than willing to work with a group of borrowers who collectively make $1.4 trillion in 1099 income annually and who are locked out of loans. Oxygen offers flat-fee access to credit and free mobile banking, all while using machine learning to determine credit worthiness. Freelance workers of the world unite, indeed!
Hepatx
Hepatx is creating therapies for severely damaged livers. Chronic liver disease affects 3.9 million Americans and is the cause of death for more than 40,000. The founders of Hepatx are developing a regenerative solution enabling hepatocyte production for therapeutic purposes. That means regenerating liver cells to avoid the cost and morbidity of whole organ transplant. More than 200,000 people in the U.S. need a liver transplant but only a few thousand get one. Hepatx aims to fix the liver by taking fat tissue, turning that into liver cells and introducing that into patients to regrow the liver.
Plexus
Plexus is looking to create a low-cost, flexible glove for controlling augmented reality and virtual reality experiences. It’s a silicone glove, secured by velcro, that doesn’t cover your hands or fingers entirely, so it shouldn’t leave you super sweaty.
The tracking sensors grab the position of where the hands are in space via the magnetically attached tracker and, after calibrating a resting state of the user’s fingers, individual sensors communicate their position to the game engine.
Read more about Plexus here.
We’ll be back again tomorrow for the dozens of startups pitching on Day 2; check back a bit later for our top picks of Day 1, as well.
Original Article : HERE ; This post was curated & posted using : RealSpecific
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Here are the 63 startups that launched today at Y Combinator’s S18 Demo Day 1
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From “cheese 2.0” to connecting flights for satellites, Y Combinator showed off a wide array of early stage startups fresh from its YC Summer 2018 batch. A total of 63 companies took to the stage in front of a full audience at the Computer History Museum today in Mountain View to pitch on-off switches for organisms, laundry detergent subscription services, gymless gyms, lab-grown palm oil and sugary sugar substitutes.
It felt like every other startup was trying to make us try vegan chicken nuggets, but from a bird’s eye view this YC batch saw startups clustered around B2B software and services (30% of companies), healthcare (28%), consumer goods and services (9%) and consumer media (7%). (Yes, blockchain companies were right behind, comprising 5% of companies).
For this batch, YC’s efforts to get more female founders on board mostly held steady, with 15% female founders, down one percent from last round’s 16%. YC’s diversity tracking around race showed a little more activity: 11% of this cohort’s founders were black or latinx, up from 9% in the previous group. A total of 19 countries were represented across the 132 companies pitching over two days, and 28% of companies were based outside the US.
Which companies will go on to make a unicorn-sized splash? Are there really that many vegans? To figure it all out, you can read through our full list of the day’s YC S18 companies below (be sure to take a coffee break or two) or check back later for our own picks of today’s most interesting startups. Without further ado…
Public Recreation
The founders of Public Recreation want to take your workout outside. The company offers a modular system of benches, bars and smart lockers that can be installed anywhere and for a subscription price of $50/month customers get access to classes ranging from yoga to strength training and conditioning. Their first pop up is in San Francisco… literally on the corner of Octavia and Hayes.
BlueCargo
BlueCargo is optimizing container management for ports, kind of like Jenga for shipping containers. Normally, a single move costs a port $30, but up to 50% of those moves might not even be needed at all. Due to inefficient shuffling processes, terminals waste as much as $20 billion a year, but BlueCargo would eliminate that waste with machine learning, they say. The company has one paid pilot with France’s port of Saint Nazaire to date with three more in the works around the world. BlueCargo is also about to start working with the port of Long Beach, California — one of the largest ports in the US.
HoneyLove
HoneyLove aims to disrupt the traditional shapewear market by making an affordable, high-quality product that actually works.
The $89 product uses supportive structures inside the seams of the garment, similar to the flexible boning used in old-school corsets, and encases those structures in a soft channel of protective fabric. This simple enhancement ensures that the garment doesn’t bunch up around the legs or waistband. The company has already sold $500k in product
Read more about HoneyLove here.
C16 Biosciences
C16 Biosciences is aiming to greatly reduce greenhouse gas emissions across the globe with their lab-grown palm oil, an alternative to a product that is found in a truly massive amount of goods. C16’s alternative grown in bioreactors with yeast is 20 percent less expensive to customers but “doesn’t destroy the planet,” the company says. The startup has already begun early partnerships with a number of beauty and food distributors that together spend about $1.2 billion on palm oil annually.
Kobo360
Kobo360 is a Nigerian startup wants to be the Uber for logistics and trucking in Nigeria… with a twist. With $1.3 million in funding already in the bank, the startup not only has an on-demand trucking solution linking shippers with excess trucking capacity, it has also set up a crowdfunding platform called Kobo Wealth Investment Network, or KoboWIN to enable Kobo drivers to finance new trucks through citizen investors and pay them back directly (with interest) over a 60 month period.
JetLenses
JetLenses is taking on the major contact lens e-commerce sites and other online ordering systems. The startup’s goal is to bring down the cost of prescription products by automating the overhead associated with these businesses, then pass those savings on to consumers.
For example, it automates the process of contacting doctors to verify prescriptions by maintaining a data set of existing practices, automatically faxing the office to verify the prescription and then processing the doctor’s office response.
Read more about JetLenses here.
Higia
By monitoring thermal patterns inside a breast, the startup Higia hopes it can offer women a better, non-invasive method to detect breast cancer. The company’s wearable device, called EVA, can be placed under any sports bra, and offers a new way to fill the gaps that current screening techniques aren’t addressing — things like early breast cancer detection in women with high breast density. The company has already pre-sold 5,000 units in Mexico and will begin shipping them in the fall of 2018.
Read more about Higia here.
CSPA
Founder and head of engineering at Crunchyroll, James Lin knows all about the pain of finding and hiring talented software engineers. That’s why Lin started The Computer Science Proficiency Assessment, which is basically the SAT for software engineers. Lin and his team have created standardized exams that are held in classrooms on or near college campuses and test both practical knowledge and theoretical principles.
Students pay to take the tests and have their results shared with the over 60 companies that are now accepting the results when considering new candidates.
Sterblue
Sterblue is a French drone software startup aiming to get off-the-shelf drones inspecting large outdoor structures up close with automated insights that identify anomalies that need a second look.
The startup’s software is specifically focused on enabling drones to easily inspect large power lines or wind turbines with simple automated trajectories that can get a job done much quicker and with less room for human error.
Read more about Sterblue here.
Cambridge Glycoscience
Looking to bake the perfect treat with a sugar substitute that can mimic not just the sweetness, but the gooey caramelization and sticky sweetness that typically only comes from real sugar? Well YC company Cambridge Glycoscience has the sweetener for you. The company expects to produce its sugar substitutes at a cost that can make low- and no-sugar foods even more accessible for mainstream consumers. So toss that corn syrup and get ready for a new flavor revolution.
Their manufacturing process will let them produce their sugar substitute at scale and they have a patent portfolio to protect their innovation. Notably, they have signed letters of intent with five companies already, including Haribo.
Togg
Yingzhe Fu, a graduate of the University of California at Berkeley, has been developing this home sensing and automation product at least since his graduation in 2016. Togg’s product is now installed in eight assisted living centers around the U.S. and is able to capture changes in residents’ health including sleep, breathing, bathroom visits and movement speed more accurately than actual caregivers at a facility.
Given the explosion in the number of elderly in need of home care (both in the U.S. and in Fu’s native China), it seems like Fu’s Togg is a product hitting the market at the right time.
AskMyClass
Using smart speakers like the Amazon Alexa or Google Home, AskMyClass is bringing a deeper set of skills to elementary school classrooms. Like homes, schools are quickly picking up on the benefits of smart speaker deployment, and using AskMyClass teachers now can let those speakers handle a range of daily tasks, from vocabulary reviews to refocusing exercises — the software can even take notes and make lists for teachers on the go.
Teachers using it are reclaiming as much as 75 minutes a week in the classroom by using AskMyClass as a kind of teaching assistant. For example, AskMyClass can run math drills with one set of students while another works directly with their instructor. In five weeks, they’ve on-boarded 436 classrooms.
Skydrop
Making e-commerce easier across Latin America, Skydrop is focused on estimating drop-off times, buying and printing shipping labels and handling returns for its customers. Through a network of independent drivers, alongside a logistics platform recreated from the ground up, Skydrop is looking to offer shipping labels at a fraction of the cost by aggregating orders with thousands of like-minded (and like-sized) businesses. Companies simply add Skydrop’s plugin to their own online store and watch their logistics burdens take off.
Cytera CellWorks
Cytera CellWorks hopes to revolutionize the so-called “clean meat” industry through the automation of cell cultures. It uses robotic automation to configure cell cultures used in things like growing turkey meat from a petri dish or testing stem cells.
Originally, the company was going to go for general automation in the lab, but had enough interest from clients and potential business in just the cell culture automation aspect they’re focused on that for now, and changed the name for clarity.
Read more about Cytera CellWorks here.
JITX
Designing circuit boards as a service won JITX a spot in this latest batch of Y Combinator companies. Currently, every circuit board is designed manually by skilled engineers, but using JITX’s machine learning software, circuit boards can be created automatically, which can save both time and money for hardware companies.
Names & Faces
Not Facebook but not LinkedIn either, Names & Faces aims to offer any growing company a simple, fast directory of employees built specifically for that purpose alone. The company wants to solve a problem experienced by everyone at a company from its low level employees to chief executives: when your company gets bigger, it’s hard to keep track of who’s who. Names & Faces already has more than 100 customers, including L’Oreal, Uber and Fedex with sales doubling month to month.
Buttermilk
Buttermilk offers a variety of Indian dishes at a low price that can be cooked up by simply adding hot water. Based in Seattle, Buttermilk launched in 2017 to the local market and has since expanded to serve their products across the country.
Dishes include Sambar, Daal, Khichdi, Rasam, and Upma, all of which cost $6 each. Buttermilk also sells Basmati Rice for $1.50. And there are “suites,” which pack a handful of meals into one shipment.
Read more about Buttermilk here.
Send Reality
Send Reality is looking to offer full 3D-modeling for virtual walkthroughs of real estate listings. The company sends photographers out to the listing with an iPad, a commodity depth sensor and a specialized Send Reality app. These photographers take hundreds of thousands of photos, and the Send Reality technology stitches those photos together to create a complete 3D model.
Send Reality sells directly to realtors, offering the product for $500 to $800 depending on the size and complexity of the home. In the future, the company can bring down that price point by allowing realtors to scan the home themselves from their own smartphone.
Read more about Send Reality here.
Allotrope Medical
Allotrope Medical has developed an electrical stimulation technology for smooth muscles that allows surgeons to identify critical tissue structures and distinguish functional from dysfunctional urologic and gastrointestinal issues. The Houston-based company is focused initially on decreasing the rate of injury to ureters during surgery.
With over 3 million surgeries performed in the US alone requiring identification and protection of ureters, there’s a $3.2 billion burden on healthcare systems due to injuries. The company is running an active clinical trial in Dallas and aims to be on the market by the end of 2019.
Augmented Radar Imaging
Augmented Radar Imaging wants to address the kind of issues that have caused high profile driverless vehicle accidents. The company aims to solve two problems for current radar technologies: recognizing stationary objects and triggering false alarms.
With a team of radio engineers, physicists and data scientists, ARI has built a wide field-of-view high resolution radar system called Camdar that provides 3D spatial imaging plus velocity data and a solid state sensor with no moving parts that claims to be 300x more accurate than GPS. With 5 radar units per average in a self-driving vehicle, ARI could be looking at a $100 billion market if it can make inroads on those roads.
Canary Technologies
The Canary Technologies co-founders have worked in the hotel industry, and have come to the conclusion that existing hotel software is awful. The company is working to tackle some of this dated software piece-by-piece starting with their far less dated programs used to handle offline booking processes. They’re getting rid of paper contracts with modern software that can make life easier for hotels.
Qurasense
Qurasense doesn’t think your period blood should go to waste. The company has developed a “diagnostic menstrual pad” called the Q Pad that includes an embedded collection strip that passively collects blood samples on a test strip that can be mailed for diagnostic testing which is then turned into data.
So far the company has run 5 clinical trials of a total of 500 women. It has 14 validated blood screening tests and two tests for sexually transmitted diseases and will operate on a $25 a month subscription model. Qurasense is working with Stanford Medicine to become the go-to platform for cervical cancer screening.
Inokyo
Inokyo wants to be the indie Amazon Go, with a cashierless autonomous retail store. Cameras track what you grab from shelves, and with a single QR scan of the app on your way in and out of the store, you’re charged for what you’ve picked up.
The first store is now open on Mountain View’s Castro Street selling an array of kombuchas, snacks, protein powders and bath products.
Read more about Inokyo here.
Tenderd
Based in Dubai and serving the entire Middle East and North African region, Tenderd is an on demand marketplace for heavy equipment like bulldozers and cranes. Think of it as the Uber for heavy equipment. The company began when the company’s founder left San Francisco to run the family business in the United Arab Emirates because of a family emergency. When he took the wheel, he steered the company toward what he realized was the most profitable business — renting out the heavy equipment. However, the process was so slow and cumbersome that the seasoned Bay Area launched Tenderd to solve his — and the region’s — problem.
Momentus
The heart of Momentus’ propulsion technology for space flight is a new system that uses water as a propellant instead of chemicals.
Using water has several benefits, the startup says. One, it’s a fuel source that’s abundant in outer space, and it’s ultimately better and more efficient fuel for flight beyond low Earth orbit.
Read more about Momentus here.
Spero Foods
Spero Foods is joining the legion of companies trying to transform the food industry with substitutes for animal proteins based on data analytics. Founder Phaedra Randolph launched the company after experiencing the transformative benefits of transitioning to a plant-based diet. Most vegetable substitutes for animal proteins lacked the flavor, texture and nutritional heft of their animal corollaries. So Randolph used her background in bioscience and software engineering to tackle the taste issue.
InkHunter
InkHunter is an augmented reality tattoo try-on app. The idea is that you can see how a tattoo might like on your skin before you actually make a booking with the tattoo artist.
The app requires people to anchor the virtual design by making a few pen marks on their skin where they want the tattoo to live. It also supports taking and sharing photos.
Read more about InkHunter here.
Frey
FREY is pitching dudes a new kind of detergent for the new way they live their lives (read on a monthly subscription basis). The company bills itself as an antidote to the tired myth that only women are doing laundry with products that incorporate natural ingredients, heady fragrances and plant-derived surfactants, enzymes, and oils for stain fighting. Add that subscription model and 20% month-over-month growth in the last 12 months and product margins post 60% post-shipping, and that’s a pitch that won’t rinse out in the wash.
Aalo
If you’re tired of the universal sameness of the typical Ikea, West Elm, or CB2-bedecked apartment, well look no further than Aalo, the new YC company that wants you to be your own furniture designer. With a Lego-like (not Legolas) furniture system composed of customizable, hackable and reusable parts, individuals can design their own furniture with a by-the-inch customization system for do-it-yourself designs. Founded by ex-Toyota engineer, Sejun Park, Aalo was created when an attempt to “hack” an Ikea shelf collapsed under the burden of its shoddy materials and zero weight support.
Demonpore
Nanopores identify molecules like DNA and Demonpore is the world’s first mechanical nanopore. Because normal, fixed nanopores require a good fit, they can only look at molecules that fit a pore well, which usually means being limited to DNA. Demonpore can change its size, making it possible to examine any kind of molecule at the nanometer scale. With a founder from Halcyon Molecular and a team of 70 scientists and engineers, Demonpore is developing a universal biomolecular sensor that can measure “virtually any type” of molecule with relevance to human health.
Savvy
Imagine being the all-seeing, all-knowing lookout for all of your company’s interactions with vendors, suppliers, and customers. That’s what the YC-backed startup Savvy is looking to provide to users by bringing together all of a company’s cloud applications into a single view. “Savvy is the glue between your work applications.” Not just slang for pirates, savvy is the know-how for all external interactions and can make businesses more savvy about their communications and operations.
Cloud Workout
Logging onto Twitch may not be the most physically active experience in the world but Cloud Workout wants to take the site’s model and build a fitness empire in its image, bringing fitness instructors to their site who can become fitness personalities and build audiences. The company’s streaming product is in private beta currently.
Synvivia
Genetic engineering is one of the most powerful new tools of the 21st century, but its ascendance has come with attendant fears that the technology may not be able to be controlled when it’s unleashed from a laboratory. YC-backed Synvivia is developing what amount to the kill switch for synthetic biology outside of a lab. Commercializing technology developed by UC Berkeley with grants from the NSF and DARPA, Synvivia’s genetically encoded bio-containment system engineers organisms to only live when they have access to specific, small molecules. These type of control and containment measures are critical for the development of the industry.
RealtyBits
With a service that’s creating blockchain-based tokens for commercial real estate properties, RealtyBits is hoping to increase liquidity for investors and property owners. The goal is to let real estate funds take cryptocurrency investments from verified financiers globally while reducing transaction costs, which can amount to 10% in fund creation and investments across what the company says is a $9 trillion industry.
#ME
Taking the Highrise virtual community one step further, #ME is an avatar-based social network where users can make friends and influence virtual people through real time games and experiences. The original bootstrapped social media avatar game from which #ME evolved has already raked in $5 million in sales and attracted over 3 million registered users. At the core of that popularity is the company’s ability to create virtual identities untethered from the real world that appeals to a Gen Z audience, according to the founder’s pitch.
“We’re taking everything we learned from Highrise and building a better one,” says Anton Bernstein, the company’s chief executive. “The next Facebook will be a virtual world. And we launched it 30 days ago.”
Grabb-It
Grabb-It turns a car’s side rear window into a full-color display, playing location-aware ads to anyone who might be standing curbside. The product’s designed for rideshare/delivery drivers, enabling them to make a bit of extra coin while doing the driving they’re already doing.
As the driver crosses town, the ads can automatically switch to focus on businesses nearby. Near the ball park? It might pitch you on tickets for tonight’s game. Over in The Mission? It could play an ad about happy hour at the bar behind you.
Read more about Grabb-It here.
Alpha Vantage
For investors seeking a new way to create alpha from financial market data, Alpha Vantage has an API toolkit to give them a leg up. Using these low-cost APIs, developers can create digital assets like iOS/Android apps and trading monitoring, management and suggestion toolkits. The company already has over 100,000 registered users making over 300 million API requests on a daily basis.
BrainHi
Cofounders Israel Figueroa Fontanez and Emmanuel Oquendo came up with the idea for BrainHi in the aftermath of Hurricane Maria. When the devastation wrought by the hurricane made communicating with doctors offices nearly impossible on the island of Puerto Rico, the two founders thought there must be a better way to manage the process. The solution they came up with is an automated answering service that handles phone calls, texts, and Facebook messages with an automated bot that can schedule doctors visits and answer non-medical questions. The company already has 100 doctors, chiropractors, veterinarians in the U.S. and Puerto Rico.
BHRD
Managing relationships with shareholders is an expensive business for public companies. Recalcitrant board members, activist shareholders and others can create problems for a management team focused on long-term growth. Using BHRD, companies can focus on targeting and engaging the investors who are aligned with their long term vision, freeing big business to focus on their business, rather than managing shareholder expectations.
Camelot
Camelot is a mobile app for eSports betting… and one of the first companies to blaze a trail in the sure-to-be-lucrative business operating at the intersection of video gaming and sports betting. The company gives fans access to live updates and stats and an interface to bet against friends. In the wake of the recent Supreme Court decision there are billions of dollars to be made facilitating betting in any sport — including eSports, Camelot is rolling the dice that it can hit the right number in this emerging market.
Inscribe
Using a web platform and APIs, Inscribe is pitching a service to identify digital forgeries in documents. The company’s technology uses image forensics and machine learning to check documents like bank statements, tax forms, and forms of state and national identification to look for tampered names, figures, text or signatures. The killjoys at Inscribe may finally get rid of the fake ID, but they’re also solving a billion dollar market in online fraud.
Fintual
Betterment, the wildly successful automated financial management and investment platform is getting a Latin American twist with Fintual. The company offers wealth management services through low-fee mutual funds intelligently managed by the same sort of toolkit that used to be available to big banks and the quant programmers that work for them. It’s already a success in the markets it’s selling into, with week over week growth of around 10%.
Four Growers
The robot revolution is coming for agriculture and one of the place where those robots will first raise their flag is in the hothouse. That’s the vision that Four Growers has laid out as it seeks to sell its robots to farms already squeezed by a labor shortage that shows no sign of relenting. The company pitches consistent quality of picked grape or cherry tomatoes and a “workforce” that’s dependable and efficient. Four Growers predicts that it can replace at least four human laborers with its robots representing incredible economic efficiencies for growers.
Annie Cannons
AnnieCannons is a San Francisco-based non-profit coding bootcamp aimed at transforming survivors of human trafficking into software developers or professionals in the technology industry.
Founded by Jessica Hubley and Laura Hackney, the organization aims to help the up to 18,000 people that the Justice Department believes are trafficked in the U.S. every year. The organization reaches out to after-care services organizations around legal aid and counseling services that are interested in placing survivors into a job-training program. Annie Cannons starts out with basic technical and job proficiencies and then works on giving their students into coding and development work.
BuyCoins
BuyCoins wants to be the cryptocurrency exchange for Africa. Emerging markets are the ideal test bed and proving ground for cryptocurrencies and, in some cases, they’re the least able to take advantage of the purported efficiencies that these new platforms offer. BuyCoins is the only exchange in Nigeria that allows Nigerians to buy and sell cryptocurrencies ranging from Bitcoin and Ethereum, to Litecoin and Bitcoin Cash, directly with their local bank account or debit card. There’s already $4 billion traded in cryptocurrency in Nigeria and the market is growing quickly.
Mac’d
Mac’d is a build-your-own mac and cheese restaurant that lets customers choose their own adventure from the beginning. The company plans to expand through a low cost “ghost kitchen” approach, where it rents out kitchen space and sells its mac and cheese strictly through providers like UberEats, Caviar, DoorDash, Postmates.
And to quote TechCrunch’s Megan Rose Dickey: “The mac and cheese was bomb.”
Read more about Mac’d here.
Penta Medical
For professional athletes nothing is more frightening or career damaging than an injury. And Penta Medical wants to make those fears a thing of the past. The company has developed a wearable cold laser therapy system that purports to relieve muscle and joint pain, increase circulation and relieve muscle spasms all with a tap of a button on the smartphone. Indeed, Penta also tracks injury data, provides coaches and healthcare providers with visual representations and range of motion trends.
Coaches can even track how their team compares with others in a league. It’s important to note that the company isn’t for athletes alone. People in the U.S. are already spending $6 billion and they’re the ideal market for Penta Medical’s smart hardware for chronic pain treatment and management.
Data Driven Bioscience
The 10 times faster and 10 times cheaper cancer diagnoses that Data Driven Biosciences promises for hospitals that use its genomic diagnostic tests could transform untold numbers of lives. Dr. Sandeep Dave, the oncologist and tenured professor from Duke University who founded the company, experienced firsthand how patients and doctors are affected by delays in getting a correct diagnosis of cancer.
Using standard equipment already deployed at hospitals around the country, Data Driven Bioscience is pitching a test that connects with the company’s cloud-based machine-learning software and a database of over 10,000 tumors to diagnose cancers within 24 hours.
Rain Neuromorphics
The founders of Rain Neuromorphics found inspiration for their processor for artificial intelligence applications in the function of the human brain. The company touts its Memristive Nanowire Neural Network chip architecture as being able to train larger, more powerful neural networks than any commercial chip that’s currently on the market. Fast, fully parallel, and ultra scalable, these chips are said to be capable of both online training and low-power inference, to enable complex machine learning applications both in the cloud and directly on a device.
As neurons increase, training time increases dramatically, but the company’s neuromorphic hardware scales well in time, but take up a lot of space on a chip. The company’s new architecture creates a structure that is filled with neurons connected by nanowires, and believes it can build and train the equivalent of $1 billion. With a $2 million letter of intent from OpenAI, several patents filed, and contracts with TSMC, the company is putting its neurons where its synapses are.
Spate
The “Google Trends” for business is exactly what Spate wants to be for its users. The company is pitching a predictive engine that can let companies know what types of latte people will be drinking, the skin care products they’ll be using and the food that their dogs will be eating in the next year. It’s no surprise that the team at Spate is looking to take on Google, since that’s where the company’s founding team cut its teeth.
Their work (initially as one of the famed 20% projects) at the search giant led to a product, which drove decision-making over how to steer some of the world’s largest consumer packaged good brands. They predicted the cold brew and turmeric trends and have a bet that yellow will be the next big color in the fashion world. There’s a spate of information out there, and the company wants to be the funnel to focus that flood of information into the right decisions.
Optic
Optic gives developers a way to grab very common coding use cases that they can drop right into their code. It works by finding the sort of routine additions developers might need, like how to create a form that will add a user to a database, as well as all the ancillary parts that come with it, like tests.
It works within a developer’s IDE, so they don’t have to look externally for the code they need. Right now it works for JavaScript, with Python next on the docket.
Read more about Optic here.
Phiar
Phiar is building an augmented reality navigation app for driving that shows a driver exactly where to go without taking their eyes off the wheel. With efficient AI fit into a smartphone, Phiar’s software can run at 200 fps on a dash-mounted iPhone.
With deep AI and computer vision expertise plus a team with members from Apple, Microsoft and VMware, Phiar wants to build the “killer AR application” to address the 1.7 billion people that use a navigation app each month. Phiar is counting on AR being the next meaningful evolution in driving navigation tech and a software solution that keeps a driver’s eyes on the road in front of them.
Seattle Food Tech
Photo: James A. Guilliam/Taxi/Getty Images
At this point the notion of tastier, better, plant-based meat substitutes is no longer a fantasy. Investors have poured millions into making it a reality. The pitch from Seattle Food Tech is making that tastier, better, cheaper plant-based chicken substitute at scale. Using novel and efficient food processing equipment and facilities that can enable large scale, low-cost production that can transform the way institutional food service companies that supply the office and university cafeterias across the country deliver tasty foods to hungry breakfast, lunch, and dinner diners.
“We’re using aerospace engineering to make plant based chicken nuggets.” says chief executive Christie Lagally, a former Boeing engineer and technical project manager.
Prodigal Technologies
Prodigal Technologies wants to improve the ways that lenders collect money from borrowers. The company wants to make debt collection, if not kinder or gentler, then certainly more efficient. If a payor misses a payment, lenders can now reach out on any messaging platform and enable lenders to find borrowers where they are. The company has 11 pilots and three paying customers that handle $11 billion in origination of loans. There are $50 billion loans that aren’t paid, and with Prodigal lenders can get a 20% improvement in loan repayment.
Viaopt
In the U.S., trucks are moving goods across the country with roughly 35% of their available cargo space underutilized. Viopt, a software company that aims to be an Uber pool for shipping, thinks it has the solution. If the 65% of underutilized capacity could be filled it would save $30 billion for companies and remove 100 million tons of carbon emissions. By linking small and medium-sized companies with excess capacity, the company hopes to give small retailers the same logistics opportunities that were only available to the largest retailers, shippers, and logistics companies like Anheuser-Busch, Bimbo Bakeries, and Turkey Hill Farms.
Goodly
Perks for employees are becoming a big business in the tight labor market and Goodly wants to make one of the most important perks — student loan repayment — easy and accessible for employers. While the benefits of providing this benefit are universally inarguable, when you look at statistics indicating that women hold two-thirds of student debt and owe half a trillion dollars more than their male colleagues, the perk becomes more persuasive. Couple that with the statistic that African American employees hold 31% more student loan debt than their white peers, and Goodly’s offering looks even better to employers worried about improving diversity.
In all, an employer contribution of less than the cost of a cup of coffee could help the average employee pay off their debts 8.5 years faster. Talk about potentially doing well by doing good. Offers 50% higher retention for millennial employees and is tackling a $5.4 billion market.
Regology
Hoping to take a bite out of the $10 billion market for financial services regulatory compliance, Regology has developed an automated software system to ease the burden for the world’s biggest financiers. Last year companies spent $54 billion on compliance and were still fined $22 billion for compliance failures. The company claims that its software can handle the manual monitoring tasks that took companies months in a manner of hours. Working with wealth management, banking, insurance and cryptocurrency companies, the company’s machine learning software aims to take the sting out of the Security and Exchange Commission’s oversight.
Enveritas
Battling deforestation and child labor in manufacturers’ supply chains with software, Enveritas is helping companies secure themselves against reputational risk and increase efficiency in their operations. Initially focused on coffee companies, the platform Enveritas has built gives coffee companies a way to verify sustainability at origin for the coffee they source. While coffee may be the first industry, the work can be applied to other tropical products including cocoa, cotton, and palm oil (although if C16 — another YC company — has its way, palm oil may not be an issue).
Mylk Guys
Mylk Guys is the 100% vegan online grocery store, I’ve never wanted, but maybe you have. Undoubtedly better for the environment than a carnivorous diet, vegan options can be healthy and they may be tasty, but the foods that combine the two are few and far between. Giving a curated approach to all of the foods on the market, Mylk Guys is the online vegan grocery store aiming to make shopping “simple af”. The company bills itself as the “online vegan Trader Joe’s”. There are 21 million vegans in America that spend $54 billion on groceries.
Numericcal
Simplifying machine learning on edge devices. Machine learning today lives in the cloud and it’s the biggest downside of machine learning in many systems, according to the founders of Numericcal. The solution is to move the processing down to the edge — something that can take two to six months for programmers. Numericcal has 20 billion potential devices that it can service in less time and for less money.
Oxygen
Breaking freelancers from the month-to-month boom-and-bust payment cycles that bind them, Oxygen provides working capital loans to freelancers who can go months without getting a paycheck. The company is more than willing to work with a group of borrowers who collectively make $1.4 trillion in 1099 income annually and who are locked out of loans. Oxygen offers flat-fee access to credit and free mobile banking, all while using machine learning to determine credit worthiness. Freelance workers of the world unite, indeed!
Hepatx
Hepatx is creating therapies for severely damaged livers. Chronic liver disease affects 3.9 million Americans and is the cause of death for over 40,000. The founders of Hepatx are developing a regenerative solution enabling hepatocyte production for therapeutic purposes. That means regenerating liver cells to avoid the cost and morbidity of whole organ transplant. Over 200,000 people in the U.S. need a liver transplant but only a few thousand get some. Hepatx aims to fix the liver by taking fat tissue, turns that into liver cells and introduce that into patients to regrow the liver.
Plexus
Plexus is looking to create a low-cost, flexible glove for controlling augmented reality and virtual reality experiences. It’s a silicone glove, secured by velcro, that doesn’t cover your hands or fingers entirely, so it shouldn’t leave you super sweaty.
The tracking sensors grab the position of where the hands are in space via the magnetically attached tracker and, after calibrating a resting state of the user’s fingers, individual sensors communicate their position to the game engine.
Read more about Plexus here.
We’ll be back again tomorrow for the dozens of startups pitching on Day 2, check back a bit later for our top picks of Day 1 as well.
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From “cheese 2.0” to connecting flights for satellites, Y Combinator showed off a wide array of early stage startups fresh from its YC Summer 2018 batch. A total of 63 companies took to the stage in front of a full audience at the Computer History Museum today in Mountain View to pitch on-off switches for organisms, laundry detergent subscription services, gymless gyms, lab-grown palm oil and sugary sugar substitutes.
It felt like every other startup was trying to make us try vegan chicken nuggets, but from a bird’s eye view this YC batch saw startups clustered around B2B software and services (30% of companies), healthcare (28%), consumer goods and services (9%) and consumer media (7%). (Yes, blockchain companies were right behind, comprising 5% of companies).
For this batch, YC’s efforts to get more female founders on board mostly held steady, with 15% female founders, down one percent from last round’s 16%. YC’s diversity tracking around race showed a little more activity: 11% of this cohort’s founders were black or latinx, up from 9% in the previous group. A total of 19 countries were represented across the 132 companies pitching over two days, and 28% of companies were based outside the US.
Which companies will go on to make a unicorn-sized splash? Are there really that many vegans? To figure it all out, you can read through our full list of the day’s YC S18 companies below (be sure to take a coffee break or two) or check back later for our own picks of today’s most interesting startups. Without further ado…
Public Recreation
The founders of Public Recreation want to take your workout outside. The company offers a modular system of benches, bars and smart lockers that can be installed anywhere and for a subscription price of $50/month customers get access to classes ranging from yoga to strength training and conditioning. Their first pop up is in San Francisco… literally on the corner of Octavia and Hayes.
BlueCargo
BlueCargo is optimizing container management for ports, kind of like Jenga for shipping containers. Normally, a single move costs a port $30, but up to 50% of those moves might not even be needed at all. Due to inefficient shuffling processes, terminals waste as much as $20 billion a year, but BlueCargo would eliminate that waste with machine learning, they say. The company has one paid pilot with France’s port of Saint Nazaire to date with three more in the works around the world. BlueCargo is also about to start working with the port of Long Beach, California — one of the largest ports in the US.
HoneyLove
HoneyLove aims to disrupt the traditional shapewear market by making an affordable, high-quality product that actually works.
The $89 product uses supportive structures inside the seams of the garment, similar to the flexible boning used in old-school corsets, and encases those structures in a soft channel of protective fabric. This simple enhancement ensures that the garment doesn’t bunch up around the legs or waistband. The company has already sold $500k in product
Read more about HoneyLove here.
C16 Biosciences
C16 Biosciences is aiming to greatly reduce greenhouse gas emissions across the globe with their lab-grown palm oil, an alternative to a product that is found in a truly massive amount of goods. C16’s alternative grown in bioreactors with yeast is 20 percent less expensive to customers but “doesn’t destroy the planet,” the company says. The startup has already begun early partnerships with a number of beauty and food distributors that together spend about $1.2 billion on palm oil annually.
Kobo360
Kobo360 is a Nigerian startup wants to be the Uber for logistics and trucking in Nigeria… with a twist. With $1.3 million in funding already in the bank, the startup not only has an on-demand trucking solution linking shippers with excess trucking capacity, it has also set up a crowdfunding platform called Kobo Wealth Investment Network, or KoboWIN to enable Kobo drivers to finance new trucks through citizen investors and pay them back directly (with interest) over a 60 month period.
JetLenses
JetLenses is taking on the major contact lens e-commerce sites and other online ordering systems. The startup’s goal is to bring down the cost of prescription products by automating the overhead associated with these businesses, then pass those savings on to consumers.
For example, it automates the process of contacting doctors to verify prescriptions by maintaining a data set of existing practices, automatically faxing the office to verify the prescription and then processing the doctor’s office response.
Read more about JetLenses here.
Higia
By monitoring thermal patterns inside a breast, the startup Higia hopes it can offer women a better, non-invasive method to detect breast cancer. The company’s wearable device, called EVA, can be placed under any sports bra, and offers a new way to fill the gaps that current screening techniques aren’t addressing — things like early breast cancer detection in women with high breast density. The company has already pre-sold 5,000 units in Mexico and will begin shipping them in the fall of 2018.
Read more about Higia here.
CSPA
Founder and head of engineering at Crunchyroll, James Lin knows all about the pain of finding and hiring talented software engineers. That’s why Lin started The Computer Science Proficiency Assessment, which is basically the SAT for software engineers. Lin and his team have created standardized exams that are held in classrooms on or near college campuses and test both practical knowledge and theoretical principles.
Students pay to take the tests and have their results shared with the over 60 companies that are now accepting the results when considering new candidates.
Sterblue
Sterblue is a French drone software startup aiming to get off-the-shelf drones inspecting large outdoor structures up close with automated insights that identify anomalies that need a second look.
The startup’s software is specifically focused on enabling drones to easily inspect large power lines or wind turbines with simple automated trajectories that can get a job done much quicker and with less room for human error.
Read more about Sterblue here.
Cambridge Glycoscience
Looking to bake the perfect treat with a sugar substitute that can mimic not just the sweetness, but the gooey caramelization and sticky sweetness that typically only comes from real sugar? Well YC company Cambridge Glycoscience has the sweetener for you. The company expects to produce its sugar substitutes at a cost that can make low- and no-sugar foods even more accessible for mainstream consumers. So toss that corn syrup and get ready for a new flavor revolution.
Their manufacturing process will let them produce their sugar substitute at scale and they have a patent portfolio to protect their innovation. Notably, they have signed letters of intent with five companies already, including Haribo.
Togg
Yingzhe Fu, a graduate of the University of California at Berkeley, has been developing this home sensing and automation product at least since his graduation in 2016. Togg’s product is now installed in eight assisted living centers around the U.S. and is able to capture changes in residents’ health including sleep, breathing, bathroom visits and movement speed more accurately than actual caregivers at a facility.
Given the explosion in the number of elderly in need of home care (both in the U.S. and in Fu’s native China), it seems like Fu’s Togg is a product hitting the market at the right time.
AskMyClass
Using smart speakers like the Amazon Alexa or Google Home, AskMyClass is bringing a deeper set of skills to elementary school classrooms. Like homes, schools are quickly picking up on the benefits of smart speaker deployment, and using AskMyClass teachers now can let those speakers handle a range of daily tasks, from vocabulary reviews to refocusing exercises — the software can even take notes and make lists for teachers on the go.
Teachers using it are reclaiming as much as 75 minutes a week in the classroom by using AskMyClass as a kind of teaching assistant. For example, AskMyClass can run math drills with one set of students while another works directly with their instructor. In five weeks, they’ve on-boarded 436 classrooms.
Skydrop
Making e-commerce easier across Latin America, Skydrop is focused on estimating drop-off times, buying and printing shipping labels and handling returns for its customers. Through a network of independent drivers, alongside a logistics platform recreated from the ground up, Skydrop is looking to offer shipping labels at a fraction of the cost by aggregating orders with thousands of like-minded (and like-sized) businesses. Companies simply add Skydrop’s plugin to their own online store and watch their logistics burdens take off.
Cytera CellWorks
Cytera CellWorks hopes to revolutionize the so-called “clean meat” industry through the automation of cell cultures. It uses robotic automation to configure cell cultures used in things like growing turkey meat from a petri dish or testing stem cells.
Originally, the company was going to go for general automation in the lab, but had enough interest from clients and potential business in just the cell culture automation aspect they’re focused on that for now, and changed the name for clarity.
Read more about Cytera CellWorks here.
JITX
Designing circuit boards as a service won JITX a spot in this latest batch of Y Combinator companies. Currently, every circuit board is designed manually by skilled engineers, but using JITX’s machine learning software, circuit boards can be created automatically, which can save both time and money for hardware companies.
Names & Faces
Not Facebook but not LinkedIn either, Names & Faces aims to offer any growing company a simple, fast directory of employees built specifically for that purpose alone. The company wants to solve a problem experienced by everyone at a company from its low level employees to chief executives: when your company gets bigger, it’s hard to keep track of who’s who. Names & Faces already has more than 100 customers, including L’Oreal, Uber and Fedex with sales doubling month to month.
Buttermilk
Buttermilk offers a variety of Indian dishes at a low price that can be cooked up by simply adding hot water. Based in Seattle, Buttermilk launched in 2017 to the local market and has since expanded to serve their products across the country.
Dishes include Sambar, Daal, Khichdi, Rasam, and Upma, all of which cost $6 each. Buttermilk also sells Basmati Rice for $1.50. And there are “suites,” which pack a handful of meals into one shipment.
Read more about Buttermilk here.
Send Reality
Send Reality is looking to offer full 3D-modeling for virtual walkthroughs of real estate listings. The company sends photographers out to the listing with an iPad, a commodity depth sensor and a specialized Send Reality app. These photographers take hundreds of thousands of photos, and the Send Reality technology stitches those photos together to create a complete 3D model.
Send Reality sells directly to realtors, offering the product for $500 to $800 depending on the size and complexity of the home. In the future, the company can bring down that price point by allowing realtors to scan the home themselves from their own smartphone.
Read more about Send Reality here.
Allotrope Medical
Allotrope Medical has developed an electrical stimulation technology for smooth muscles that allows surgeons to identify critical tissue structures and distinguish functional from dysfunctional urologic and gastrointestinal issues. The Houston-based company is focused initially on decreasing the rate of injury to ureters during surgery.
With over 3 million surgeries performed in the US alone requiring identification and protection of ureters, there’s a $3.2 billion burden on healthcare systems due to injuries. The company is running an active clinical trial in Dallas and aims to be on the market by the end of 2019.
Augmented Radar Imaging
Augmented Radar Imaging wants to address the kind of issues that have caused high profile driverless vehicle accidents. The company aims to solve two problems for current radar technologies: recognizing stationary objects and triggering false alarms.
With a team of radio engineers, physicists and data scientists, ARI has built a wide field-of-view high resolution radar system called Camdar that provides 3D spatial imaging plus velocity data and a solid state sensor with no moving parts that claims to be 300x more accurate than GPS. With 5 radar units per average in a self-driving vehicle, ARI could be looking at a $100 billion market if it can make inroads on those roads.
Canary Technologies
The Canary Technologies co-founders have worked in the hotel industry, and have come to the conclusion that existing hotel software is awful. The company is working to tackle some of this dated software piece-by-piece starting with their far less dated programs used to handle offline booking processes. They’re getting rid of paper contracts with modern software that can make life easier for hotels.
Qurasense
Qurasense doesn’t think your period blood should go to waste. The company has developed a “diagnostic menstrual pad” called the Q Pad that includes an embedded collection strip that passively collects blood samples on a test strip that can be mailed for diagnostic testing which is then turned into data.
So far the company has run 5 clinical trials of a total of 500 women. It has 14 validated blood screening tests and two tests for sexually transmitted diseases and will operate on a $25 a month subscription model. Qurasense is working with Stanford Medicine to become the go-to platform for cervical cancer screening.
Inokyo
Inokyo wants to be the indie Amazon Go, with a cashierless autonomous retail store. Cameras track what you grab from shelves, and with a single QR scan of the app on your way in and out of the store, you’re charged for what you’ve picked up.
The first store is now open on Mountain View’s Castro Street selling an array of kombuchas, snacks, protein powders and bath products.
Read more about Inokyo here.
Tenderd
Based in Dubai and serving the entire Middle East and North African region, Tenderd is an on demand marketplace for heavy equipment like bulldozers and cranes. Think of it as the Uber for heavy equipment. The company began when the company’s founder left San Francisco to run the family business in the United Arab Emirates because of a family emergency. When he took the wheel, he steered the company toward what he realized was the most profitable business — renting out the heavy equipment. However, the process was so slow and cumbersome that the seasoned Bay Area launched Tenderd to solve his — and the region’s — problem.
Momentus
The heart of Momentus’ propulsion technology for space flight is a new system that uses water as a propellant instead of chemicals.
Using water has several benefits, the startup says. One, it’s a fuel source that’s abundant in outer space, and it’s ultimately better and more efficient fuel for flight beyond low Earth orbit.
Read more about Momentus here.
Spero Foods
Spero Foods is joining the legion of companies trying to transform the food industry with substitutes for animal proteins based on data analytics. Founder Phaedra Randolph launched the company after experiencing the transformative benefits of transitioning to a plant-based diet. Most vegetable substitutes for animal proteins lacked the flavor, texture and nutritional heft of their animal corollaries. So Randolph used her background in bioscience and software engineering to tackle the taste issue.
InkHunter
InkHunter is an augmented reality tattoo try-on app. The idea is that you can see how a tattoo might like on your skin before you actually make a booking with the tattoo artist.
The app requires people to anchor the virtual design by making a few pen marks on their skin where they want the tattoo to live. It also supports taking and sharing photos.
Read more about InkHunter here.
Frey
FREY is pitching dudes a new kind of detergent for the new way they live their lives (read on a monthly subscription basis). The company bills itself as an antidote to the tired myth that only women are doing laundry with products that incorporate natural ingredients, heady fragrances and plant-derived surfactants, enzymes, and oils for stain fighting. Add that subscription model and 20% month-over-month growth in the last 12 months and product margins post 60% post-shipping, and that’s a pitch that won’t rinse out in the wash.
Aalo
If you’re tired of the universal sameness of the typical Ikea, West Elm, or CB2-bedecked apartment, well look no further than Aalo, the new YC company that wants you to be your own furniture designer. With a Lego-like (not Legolas) furniture system composed of customizable, hackable and reusable parts, individuals can design their own furniture with a by-the-inch customization system for do-it-yourself designs. Founded by ex-Toyota engineer, Sejun Park, Aalo was created when an attempt to “hack” an Ikea shelf collapsed under the burden of its shoddy materials and zero weight support.
Demonpore
Nanopores identify molecules like DNA and Demonpore is the world’s first mechanical nanopore. Because normal, fixed nanopores require a good fit, they can only look at molecules that fit a pore well, which usually means being limited to DNA. Demonpore can change its size, making it possible to examine any kind of molecule at the nanometer scale. With a founder from Halcyon Molecular and a team of 70 scientists and engineers, Demonpore is developing a universal biomolecular sensor that can measure “virtually any type” of molecule with relevance to human health.
Savvy
Imagine being the all-seeing, all-knowing lookout for all of your company’s interactions with vendors, suppliers, and customers. That’s what the YC-backed startup Savvy is looking to provide to users by bringing together all of a company’s cloud applications into a single view. “Savvy is the glue between your work applications.” Not just slang for pirates, savvy is the know-how for all external interactions and can make businesses more savvy about their communications and operations.
Cloud Workout
Logging onto Twitch may not be the most physically active experience in the world but Cloud Workout wants to take the site’s model and build a fitness empire in its image, bringing fitness instructors to their site who can become fitness personalities and build audiences. The company’s streaming product is in private beta currently.
Synvivia
Genetic engineering is one of the most powerful new tools of the 21st century, but its ascendance has come with attendant fears that the technology may not be able to be controlled when it’s unleashed from a laboratory. YC-backed Synvivia is developing what amount to the kill switch for synthetic biology outside of a lab. Commercializing technology developed by UC Berkeley with grants from the NSF and DARPA, Synvivia’s genetically encoded bio-containment system engineers organisms to only live when they have access to specific, small molecules. These type of control and containment measures are critical for the development of the industry.
RealtyBits
With a service that’s creating blockchain-based tokens for commercial real estate properties, RealtyBits is hoping to increase liquidity for investors and property owners. The goal is to let real estate funds take cryptocurrency investments from verified financiers globally while reducing transaction costs, which can amount to 10% in fund creation and investments across what the company says is a $9 trillion industry.
#ME
Taking the Highrise virtual community one step further, #ME is an avatar-based social network where users can make friends and influence virtual people through real time games and experiences. The original bootstrapped social media avatar game from which #ME evolved has already raked in $1.8 million in sales and attracted over 3 million registered users. At the core of that popularity is the company’s ability to create virtual identities untethered from the real world that appeals to a Gen Z audience, according to the founder’s pitch.
“We’re taking everything we learned from Highrise and building a better one,” says Anton Bernstein, the company’s chief executive. “The next Facebook will be a virtual world. And we launched it 30 days ago.”
Grabb-It
Grabb-It turns a car’s side rear window into a full-color display, playing location-aware ads to anyone who might be standing curbside. The product’s designed for rideshare/delivery drivers, enabling them to make a bit of extra coin while doing the driving they’re already doing.
As the driver crosses town, the ads can automatically switch to focus on businesses nearby. Near the ball park? It might pitch you on tickets for tonight’s game. Over in The Mission? It could play an ad about happy hour at the bar behind you.
Read more about Grabb-It here.
Alpha Vantage
For investors seeking a new way to create alpha from financial market data, Alpha Vantage has an API toolkit to give them a leg up. Using these low-cost APIs, developers can create digital assets like iOS/Android apps and trading monitoring, management and suggestion toolkits. The company already has over 100,000 registered users making over 300 million API requests on a daily basis.
BrainHi
Cofounders Israel Figueroa Fontanez and Emmanuel Oquendo came up with the idea for BrainHi in the aftermath of Hurricane Maria. When the devastation wrought by the hurricane made communicating with doctors offices nearly impossible on the island of Puerto Rico, the two founders thought there must be a better way to manage the process. The solution they came up with is an automated answering service that handles phone calls, texts, and Facebook messages with an automated bot that can schedule doctors visits and answer non-medical questions. The company already has 100 doctors, chiropractors, veterinarians in the U.S. and Puerto Rico.
BHRD
Managing relationships with shareholders is an expensive business for public companies. Recalcitrant board members, activist shareholders and others can create problems for a management team focused on long-term growth. Using BHRD, companies can focus on targeting and engaging the investors who are aligned with their long term vision, freeing big business to focus on their business, rather than managing shareholder expectations.
Camelot
Camelot is a mobile app for eSports betting… and one of the first companies to blaze a trail in the sure-to-be-lucrative business operating at the intersection of video gaming and sports betting. The company gives fans access to live updates and stats and an interface to bet against friends. In the wake of the recent Supreme Court decision there are billions of dollars to be made facilitating betting in any sport — including eSports, Camelot is rolling the dice that it can hit the right number in this emerging market.
Inscribe
Using a web platform and APIs, Inscribe is pitching a service to identify digital forgeries in documents. The company’s technology uses image forensics and machine learning to check documents like bank statements, tax forms, and forms of state and national identification to look for tampered names, figures, text or signatures. The killjoys at Inscribe may finally get rid of the fake ID, but they’re also solving a billion dollar market in online fraud.
Fintual
Betterment, the wildly successful automated financial management and investment platform is getting a Latin American twist with Fintual. The company offers wealth management services through low-fee mutual funds intelligently managed by the same sort of toolkit that used to be available to big banks and the quant programmers that work for them. It’s already a success in the markets it’s selling into, with week over week growth of around 10%.
Four Growers
The robot revolution is coming for agriculture and one of the place where those robots will first raise their flag is in the hothouse. That’s the vision that Four Growers has laid out as it seeks to sell its robots to farms already squeezed by a labor shortage that shows no sign of relenting. The company pitches consistent quality of picked grape or cherry tomatoes and a “workforce” that’s dependable and efficient. Four Growers predicts that it can replace at least four human laborers with its robots representing incredible economic efficiencies for growers.
Annie Cannons
AnnieCannons is a San Francisco-based non-profit coding bootcamp aimed at transforming survivors of human trafficking into software developers or professionals in the technology industry.
Founded by Jessica Hubley and Laura Hackney, the organization aims to help the up to 18,000 people that the Justice Department believes are trafficked in the U.S. every year. The organization reaches out to after-care services organizations around legal aid and counseling services that are interested in placing survivors into a job-training program. Annie Cannons starts out with basic technical and job proficiencies and then works on giving their students into coding and development work.
BuyCoins
BuyCoins wants to be the cryptocurrency exchange for Africa. Emerging markets are the ideal test bed and proving ground for cryptocurrencies and, in some cases, they’re the least able to take advantage of the purported efficiencies that these new platforms offer. BuyCoins is the only exchange in Nigeria that allows Nigerians to buy and sell cryptocurrencies ranging from Bitcoin and Ethereum, to Litecoin and Bitcoin Cash, directly with their local bank account or debit card. There’s already $4 billion traded in cryptocurrency in Nigeria and the market is growing quickly.
Mac’d
Mac’d is a build-your-own mac and cheese restaurant that lets customers choose their own adventure from the beginning. The company plans to expand through a low cost “ghost kitchen” approach, where it rents out kitchen space and sells its mac and cheese strictly through providers like UberEats, Caviar, DoorDash, Postmates.
And to quote TechCrunch’s Megan Rose Dickey: “The mac and cheese was bomb.”
Read more about Mac’d here.
Penta Medical
For professional athletes nothing is more frightening or career damaging than an injury. And Penta Medical wants to make those fears a thing of the past. The company has developed a wearable cold laser therapy system that purports to relieve muscle and joint pain, increase circulation and relieve muscle spasms all with a tap of a button on the smartphone. Indeed, Penta also tracks injury data, provides coaches and healthcare providers with visual representations and range of motion trends.
Coaches can even track how their team compares with others in a league. It’s important to note that the company isn’t for athletes alone. People in the U.S. are already spending $6 billion and they’re the ideal market for Penta Medical’s smart hardware for chronic pain treatment and management.
Data Driven Bioscience
The 10 times faster and 10 times cheaper cancer diagnoses that Data Driven Biosciences promises for hospitals that use its genomic diagnostic tests could transform untold numbers of lives. Dr. Sandeep Dave, the oncologist and tenured professor from Duke University who founded the company, experienced firsthand how patients and doctors are affected by delays in getting a correct diagnosis of cancer.
Using standard equipment already deployed at hospitals around the country, Data Driven Bioscience is pitching a test that connects with the company’s cloud-based machine-learning software and a database of over 10,000 tumors to diagnose cancers within 24 hours.
Rain Neuromorphics
The founders of Rain Neuromorphics found inspiration for their processor for artificial intelligence applications in the function of the human brain. The company touts its Memristive Nanowire Neural Network chip architecture as being able to train larger, more powerful neural networks than any commercial chip that’s currently on the market. Fast, fully parallel, and ultra scalable, these chips are said to be capable of both online training and low-power inference, to enable complex machine learning applications both in the cloud and directly on a device.
As neurons increase, training time increases dramatically, but the company’s neuromorphic hardware scales well in time, but take up a lot of space on a chip. The company’s new architecture creates a structure that is filled with neurons connected by nanowires, and believes it can build and train the equivalent of $1 billion. With a $2 million letter of intent from OpenAI, several patents filed, and contracts with TSMC, the company is putting its neurons where its synapses are.
Spate
The “Google Trends” for business is exactly what Spate wants to be for its users. The company is pitching a predictive engine that can let companies know what types of latte people will be drinking, the skin care products they’ll be using and the food that their dogs will be eating in the next year. It’s no surprise that the team at Spate is looking to take on Google, since that’s where the company’s founding team cut its teeth.
Their work (initially as one of the famed 20% projects) at the search giant led to a product, which drove decision-making over how to steer some of the world’s largest consumer packaged good brands. They predicted the cold brew and turmeric trends and have a bet that yellow will be the next big color in the fashion world. There’s a spate of information out there, and the company wants to be the funnel to focus that flood of information into the right decisions.
Optic
Optic gives developers a way to grab very common coding use cases that they can drop right into their code. It works by finding the sort of routine additions developers might need, like how to create a form that will add a user to a database, as well as all the ancillary parts that come with it, like tests.
It works within a developer’s IDE, so they don’t have to look externally for the code they need. Right now it works for JavaScript, with Python next on the docket.
Read more about Optic here.
Phiar
Phiar is building an augmented reality navigation app for driving that shows a driver exactly where to go without taking their eyes off the wheel. With efficient AI fit into a smartphone, Phiar’s software can run at 200 fps on a dash-mounted iPhone.
With deep AI and computer vision expertise plus a team with members from Apple, Microsoft and VMware, Phiar wants to build the “killer AR application” to address the 1.7 billion people that use a navigation app each month. Phiar is counting on AR being the next meaningful evolution in driving navigation tech and a software solution that keeps a driver’s eyes on the road in front of them.
Seattle Food Tech
Photo: James A. Guilliam/Taxi/Getty Images
At this point the notion of tastier, better, plant-based meat substitutes is no longer a fantasy. Investors have poured millions into making it a reality. The pitch from Seattle Food Tech is making that tastier, better, cheaper plant-based chicken substitute at scale. Using novel and efficient food processing equipment and facilities that can enable large scale, low-cost production that can transform the way institutional food service companies that supply the office and university cafeterias across the country deliver tasty foods to hungry breakfast, lunch, and dinner diners.
“We’re using aerospace engineering to make plant based chicken nuggets.” says chief executive Christie Lagally, a former Boeing engineer and technical project manager.
Prodigal Technologies
Prodigal Technologies wants to improve the ways that lenders collect money from borrowers. The company wants to make debt collection, if not kinder or gentler, then certainly more efficient. If a payor misses a payment, lenders can now reach out on any messaging platform and enable lenders to find borrowers where they are. The company has 11 pilots and three paying customers that handle $11 billion in origination of loans. There are $50 billion loans that aren’t paid, and with Prodigal lenders can get a 20% improvement in loan repayment.
Viaopt
In the U.S., trucks are moving goods across the country with roughly 35% of their available cargo space underutilized. Viopt, a software company that aims to be an Uber pool for shipping, thinks it has the solution. If the 65% of underutilized capacity could be filled it would save $30 billion for companies and remove 100 million tons of carbon emissions. By linking small and medium-sized companies with excess capacity, the company hopes to give small retailers the same logistics opportunities that were only available to the largest retailers, shippers, and logistics companies like Anheuser-Busch, Bimbo Bakeries, and Turkey Hill Farms.
Goodly
Perks for employees are becoming a big business in the tight labor market and Goodly wants to make one of the most important perks — student loan repayment — easy and accessible for employers. While the benefits of providing this benefit are universally inarguable, when you look at statistics indicating that women hold two-thirds of student debt and owe half a trillion dollars more than their male colleagues, the perk becomes more persuasive. Couple that with the statistic that African American employees hold 31% more student loan debt than their white peers, and Goodly’s offering looks even better to employers worried about improving diversity.
In all, an employer contribution of less than the cost of a cup of coffee could help the average employee pay off their debts 8.5 years faster. Talk about potentially doing well by doing good. Offers 50% higher retention for millennial employees and is tackling a $5.4 billion market.
Regology
Hoping to take a bite out of the $10 billion market for financial services regulatory compliance, Regology has developed an automated software system to ease the burden for the world’s biggest financiers. Last year companies spent $54 billion on compliance and were still fined $22 billion for compliance failures. The company claims that its software can handle the manual monitoring tasks that took companies months in a manner of hours. Working with wealth management, banking, insurance and cryptocurrency companies, the company’s machine learning software aims to take the sting out of the Security and Exchange Commission’s oversight.
Enveritas
Battling deforestation and child labor in manufacturers’ supply chains with software, Enveritas is helping companies secure themselves against reputational risk and increase efficiency in their operations. Initially focused on coffee companies, the platform Enveritas has built gives coffee companies a way to verify sustainability at origin for the coffee they source. While coffee may be the first industry, the work can be applied to other tropical products including cocoa, cotton, and palm oil (although if C16 — another YC company — has its way, palm oil may not be an issue).
Mylk Guys
Mylk Guys is the 100% vegan online grocery store, I’ve never wanted, but maybe you have. Undoubtedly better for the environment than a carnivorous diet, vegan options can be healthy and they may be tasty, but the foods that combine the two are few and far between. Giving a curated approach to all of the foods on the market, Mylk Guys is the online vegan grocery store aiming to make shopping “simple af”. The company bills itself as the “online vegan Trader Joe’s”. There are 21 million vegans in America that spend $54 billion on groceries.
Numericcal
Simplifying machine learning on edge devices. Machine learning today lives in the cloud and it’s the biggest downside of machine learning in many systems, according to the founders of Numericcal. The solution is to move the processing down to the edge — something that can take two to six months for programmers. Numericcal has 20 billion potential devices that it can service in less time and for less money.
Oxygen
Breaking freelancers from the month-to-month boom-and-bust payment cycles that bind them, Oxygen provides working capital loans to freelancers who can go months without getting a paycheck. The company is more than willing to work with a group of borrowers who collectively make $1.4 trillion in 1099 income annually and who are locked out of loans. Oxygen offers flat-fee access to credit and free mobile banking, all while using machine learning to determine credit worthiness. Freelance workers of the world unite, indeed!
Hepatx
Hepatx is creating therapies for severely damaged livers. Chronic liver disease affects 3.9 million Americans and is the cause of death for over 40,000. The founders of Hepatx are developing a regenerative solution enabling hepatocyte production for therapeutic purposes. That means regenerating liver cells to avoid the cost and morbidity of whole organ transplant. Over 200,000 people in the U.S. need a liver transplant but only a few thousand get some. Hepatx aims to fix the liver by taking fat tissue, turns that into liver cells and introduce that into patients to regrow the liver.
Plexus
Plexus is looking to create a low-cost, flexible glove for controlling augmented reality and virtual reality experiences. It’s a silicone glove, secured by velcro, that doesn’t cover your hands or fingers entirely, so it shouldn’t leave you super sweaty.
The tracking sensors grab the position of where the hands are in space via the magnetically attached tracker and, after calibrating a resting state of the user’s fingers, individual sensors communicate their position to the game engine.
Read more about Plexus here.
We’ll be back again tomorrow for the dozens of startups pitching on Day 2, check back a bit later for our top picks of Day 1 as well.
via TechCrunch
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