As you start your spring cleaning this year, it’s likely that you’ll end up throwing away large amounts of clothing. In fact, the volume of clothing that Americans dispose of annually has doubled in the last twenty years. Only 15% of textiles are presently recycled. AlgiKnit has developed a renewable yarn that’s made from kelp, a plentiful organism that rapidly regenerates. The yarn is extremely durable and compostable. The production process can be applied to an existing factor infrastructure so there isn’t a capital-intensive investment required to switch to using materials with a significantly lower environmental footprint. AlleyWatch caught up with Cofounder and CTO Aaron Nesser to learn more about the innovative process of turning seaweed into eco-conscious textile materials, the company’s future plans, and latest round of funding led by Horizons Ventures.
Most independent retailers don’t have much time to source products for their stores. Instead, they are reliant on distributors that visit the store with products or on attending tradeshows. There are a number of emerging brands that would like to be on these shelves but don’t have the huge sales staff necessary to visit these retailers independently. Abound connects the two with its online wholesale marketplace. Retailers get access to a curated selection of products from vetted brands spanning various product categories like Accessories, Baby & Kids, Beauty, Food & Drink, Home, and Jewelry while getting flexible payment and return terms; the brands are able to secure retail placement through the platform. In 2020 despite the pandemic, Abound grew rapidly, registering a 20x growth in monthly sales volume, adding 180,000+ products to the marketplace. AlleyWatch caught up with CEO and Cofounder Bill Shope to learn more about the business, future plans, and the company’s latest funding round from investors that include Left Lane Capital, RiverPark Ventures, All Iron Ventures, and Red Antler.
Industrial companies are constantly seeking new ways to keep their workforces safe and KINETIC has been one of the key solutions. The company’s patented wearable device, Reflex, detects unsafe postures and provides real-time alerts to employees whenever they are engaging in high-risk motions. The company’s dashboard layers software so that managers and safety personnel can have a bird’s eye view into safety and incident data; now address workplace issues with a data-driven approach. AlleyWatch caught up with CEO and Cofounder Haytham Elhawary to learn about KINETIC’s technology is keeping workforces globally safe, how warehouses are able to leverage the platform, and the company’s recent funding round from investors that include Crosslink Capital, Primary Venture Partners, Nationwide Ventures, Prologis Ventures, and Ubiquity Ventures.
The importance of agile supply chains has never before been more important as companies need to adjust quickly to respond to market volatility, economic uncertainty, and shifts in consumer behavior. Gooten is an e-commerce supply chain platform for the on-demand manufacturing of printed items that allows merchants to quickly route and fulfill orders from over 45 global manufacturers seamlessly. This is done through a simple API that allows e-commerce stores to turn images into print-ready files, verify addresses, list products, optimize shipping, and more. AlleyWatch caught up with CEO Brian Rainey to learn more about Gooten, the impact it’s making in expanding online commerce, and the company’s future plans.
We often forget to listen more and talk less when dealing with problems. The same happens to be true for industrial machinery. Augury is the predictive maintenance platform that “listens to machines” to detect what is wrong using IoT sensors to understand acoustic signals to troubleshoot. Augury has compiled the largest library of machine fault data and uses this data to train its AI model. The company is on pace to triple its contracted revenue this year AlleyWatch caught up with Cofounder and CEO Saar Yoskovitz to learn more about Augury’s platform, impressive, growth in this trillion-dollar industry, and latest funding from investors that include Qumra Capital, Insight Venture Partners, Eclipse Ventures, Munich Re Ventures, Qualcomm Ventures, and Lerer Hippeau.
Additive manufacturing has disrupted the entire manufacturing process paving the way for the rapid adoption of 3D printing to create stronger, lighter, more complex parts and systems. nTopology is the first engineering design software built natively for this shift. CEO Bradley Rothenberg offers some insight into how manufacturing has changed as a result of 3D printing, how the company raised 33% more than its target in less than weeks (all during the pandemic) from notable investors that include Insight Partners Root, Canaan, DCVC, and Haystack, and much, much more…
Generation Z is all about individuality and customization, and according to studies 55% of Gen Z’ers rather have the ability to design products that nobody owns. King Children is the latest eyewear company – powered by 3D printing technology- that is giving full design power to consumers. Purchasing a pair of glasses from King Children […]
Remember how you styled your first apartment directly from an IKEA catalog? That’s no longer necessary thanks to The Inside, the direct-to-consumer custom brand for home décor. This company caters to those who want to personalize their spaces, fueled by technology while not breaking their bank accounts and not having to wait months for a custom order. […]
How many times have you looked on Instagram and seen a celebrity or influencer wearing a shirt that you love, but have no idea where to get? For the 800 million Instagram users, this is an issue that happens daily. Thankfully with Choosy this problem is no more. Choosy is an AI-driven social shopping platform […]