Remote working has become the new normal but for some professions, having access to the powerful computing systems found at the office is difficult to replicate. Parsec is a platform that allows users to remotely access virtual machines and their powerful PCs from any device without any noticeable latency. The company got its start in gaming, where it was popular with gamers that wanted to play on the go, but since the pandemic, the technology is being used by animators, game developers, engineers, or anyone that needs enhanced processing power remotely. AlleyWatch caught up with Cofounder and CEO Benjy Boxer to learn more about the impact the company’s technology has had on working remotely, the company’s expansion plans, and latest round of funding from investors that include Andreessen Horowitz, Makers Fund, Notation Capital, NextView Ventures, and Lerer Hippeau.
Cool Tech
Actasys Raises $5M for its Sensor Cleaning Technology Necessary for a Future with Autonomous Vehicles
There are approximately 22 billion sensors used in the automotive industry per year according to a 2017 study and the average automobile has at least 60 individual sensors. The push towards autonomous vehicles will only increase the number of sensors used exponentially. Actasys has built a critical sensor-cleaning technology for vehicles and smart mobility systems ensuring that these sensors can be operated continuously safely. ActaJet™ is an electronically controlled array of actuator cartridges that generates strong jets of air without the need for mechanical pumps or compressors. The company is partnered with automotive companies like Volvo and the technology is also being deployed in other use-cases such as robots, camera systems, traffic monitors, and more. AlleyWatch caught up with CEO Miles Flamenbaum to learn more about the core technology, its practical uses, and the company’s recent funding round.
Augury Raises Another $55M for Its Predictive Maintenance Platform for Industrial Machinery
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.
nTopology Raises $40M to be the Design Software of Choice for Engineers Working with 3D
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…
Smiling Robots Alleviate Human Anxieties with Expper Technologies
Loneliness and isolation are heightened in the midst of the pandemic. Can robots fill a void? Expper’s founder Karén Khachikyan says the company’s robot Robin changes a kid’s perception of medical treatments, where they will no longer feel isolated, lonely, and scared. The innovator explains how his whimsical four-foot robot employs digital facial expressions to form lasting bonds with its young users.
Cadence is the Ecofriendly Effective Solution to Organize Your On The Go Routine
Cadence is a cross-market brand that touches the lifestyle, beauty, wellness, fitness, and travel spheres. The mass-market potential comes from the fact that we aren’t asking consumers to change their existing habits: we’re providing a solution that fits into their daily lives. CEO and Cofounder Steph Hon shares how Cadence is taking plastic from beaches and turning into one of the most pragmatic purchases you’ll buy.
The Cambrian Intelligence Case Study and the New Normal: Virtual Offices, Schools, and Manufacturing
Moving past the hysteria, computer vision is a defining element of intelligent machines transforming mechanical movements into dynamic workflows.
Don’t Worry About Coronavirus, There’s A Bot For That…
Sitting in New York’s former Engineer’s Society, I spoke with Oleg Kivokurtsev of Promobot and discussed his latest service bot creations that are being deployed across the globe in hotels, office buildings, and hospitals. Fay-Louise Hayden of VentureOut (his New York mentor) shared a vignette of her experiences last month as the imposing humanoid diagnosed tourists in Times Square for […]
NASA Prepares the Nation for Flying Taxis?
Autonomous eVTOLs (electric Vertical Take-Off and Landing systems) are coming sooner than you think.
Somatix Raises $4.5M for its Wearables Solution That Saves Lives Through Gesture Detection
1 in 3 senior citizens suffers from a fall each year according to the CDC but software companies like Somatix have built life-saving wearable technology that passively monitors a patient’s wellbeing, allowing healthcare providers to intervene before serious accidents happen. Somatix’s offers its signature SafeBeing™ software solution to elderly care facilities and rehab centers on […]
Reinventing The Wheel, Autonomously
Logistics in America is one of the fastest-growing private sectors of the economy, generating more than $1.6 trillion of spending (or close to 10% of GDP) in supply chain, transportation, and distribution investments.