Qualcomm Ventures

Technologies bringing about a new reality

Extended Reality

echo3D (formerly “Echo AR”) is a provider of a cloud-based B2B 3D/AR/VR content management system (CMS), a content delivery network (CDN), and infrastructure support. It provides 3D game and app developers backend infrastructure and tools to automatically convert and compress 3D data; manage and deliver 3D models, animations, interactive content, and videos to AR/VR devices and cameras; and analyze cross-platform user engagement.&nbsp;The company claims that it sets itself apart through its multi-platform support. This allows developers to code with any software development kit (SDK), including ARCore, ARKit, and Vuforia, for any end-user platform, including Android, iOS, HoloLens, HTC Vive, and Meta Quest headsets.echo3D’s use cases include cloud-connected games, AR advertisements, NFTs, and marketplaces. As of October 2022, the platform had ~21,000 developer users, up from only ~300 users prior to the pandemic.&nbsp;The company operates a freemium model, with its paid subscription priced at USD 99 per month, alongside a custom enterprise plan.&nbsp;Key customers and partnershipsThe company has partnerships with NVIDIA’s Inception Program, Augmentor, Digital Catapult, and is a verified solutions partner for Unity’s game engine.Funding and financialsEcho3D raised USD 5.5 million in a funding round led by Qualcomm Ventures in July 2022. The round doubled its valuation from October 2021, when it raised USD 4 million. The new funds were allocated to grow its team development and marketing teams.

RealWear is a developer of hands-free wearable devices that can deliver vital information to industrial workers. Its latest headset, the <a href="https://sp-edge.com/updates/25301">Navigator Z1</a> was announced at CES 2024, with the company dubbing it as the ‘world's most advanced smart glasses’. The smart glasses are powered by Qualcomm’s Snapdragon 6490 chipset with an embedded AI engine. Other features include ATEX/IECEx safety certifications, making it safe to wear in inflammable atmospheres, a swappable battery, and a camera and voice recognition feature for AI-guided workflows.In January 2023, RealWear debuted its Navigator 520 at CES 2023 which featured its new HyperDisplay feature. This technology provided users with an HD display and access to integrated remote guidance collaboration tools alongside access to applications such as Microsoft Teams and Zoom. Further, the company launched an App Marketplace, RealWear Connect (to simplify support requests for frontline workers) and a developer toolkit in <a href="https://sp-edge.com/updates/17425">March 2023</a>.Older headsets include the Navigator 500 (launched in January 2022), the HMT-1Z1 (June 2018), and the HMT-1 (September 2017).RealWear devices are sold outright and range between USD 2,000 and USD 6,020. In the 18 months to July 2019, the company shipped 15,000 HMT systems and reported more than 1,300 enterprise customers. RealWear also offers software solutions including a cloud dashboard for the centralized deployment, management, and tracking of devices. It worked on 120 workforce software applications during the same period.It acquired the assets of Kopin in August 2019 for USD 3.5 million to extend its segment reach. Kopin is a developer of wearable technologies and critical components for integration into wearable computing systems for military, industrial, and consumer products.Key customers and partnershipsBMW, one of its clients, deployed the HMT-1 in its US dealerships to allow technicians to remotely connect to engineering experts located offsite. Other clients included Colgate, Shell, Uros, Globalfoundries, and Airbus. In August 2021, it partnered with Lenovo, who certified the RealWear HMT-1 devices for use on its ThinkReality platform. Moreover, it entered a joint venture with Chinese AR company RealMax Group in March 2018, which allowed it to access state-backed industrial companies operating in the country.Funding and financialsIn February 2023, the company announced its decision to publicly list via an SPAC deal, valued at USD 375.5 million, although this was abandoned in <a href="https://sp-edge.com/updates/17690">April 2023</a> given subdued market conditions. In June 2022, Realwear raised USD 23.5 million in a Series C funding round led by Foundry Group. The fresh funds were allocated to support the launch of a software and services platform to complement its hardware products.

Resolution Games is developer of VR video games with mixed reality features founded by Tommy Palm, a developer previously credited for the success of the popular Candy Crush Saga game.The company’s latest title was announced in <a href="https://sp-edge.com/updates/33978">September 2024</a> (the mixed reality game, Home Sports). Previously, the company launched mixed reality first person shooter Spatial Ops (priced at USD 20), VR tennis game Racket Club (released in December 2023, priced at USD 25), Demeo, a VR RPG tabletop multiplayer game, which won the “VR game of the year” award in 2021 (released in May 2021, priced at USD 39), and PvP VR shooter Blaston (released in October 2020; free to play, with in-app purchases). Other titles such as Angry Birds VR, Acron, and Cook-out were also well-received by players and critics. Resolution Games acquired Swedish studio Zenz VR, known for its VR zombie shooter HordeZ, in <a href="https://sp-edge.com/updates/11491?industryIds=65">July 2022</a> to strengthen Resolution Games’ development capabilities. The company also acquired Zero Index (November 2021), a game studio and consulting firm that focuses on B2B services in the game and IT industry to enhance its capabilities to bring games to different markets and platforms.As of January 2024, the company noted that its game titles were downloaded over 3 million times.Key customers and partnershipsIn January 2024, the company partnered with Hasbro to develop the world's first officially licensed Dungeons and Dragons (D&amp;D) VR game.

UK-based Blippar offers WebAR SDK, a software development kit that provides businesses access to core AR functionalities, including real-time SLAM tracking and limitless image targets, to create their own AR experiences and add them to their apps and products. WebAR SDK is compatible with frameworks such as A-Frame and Play Canvas, and its customers pay for the service based on audience views or through a custom subscription plan. Blippar also offers a free, no-code AR experience creation platform, Blippbuilder, for non-technical users to create and publish AR experiences for mobile devices using its drag and drop tools. Blippbuilder is also compatible with MS teams.Blippar’s in-house studio creates AR content and campaign strategies for businesses to drive customer engagement and brand awareness. As of January 2024, Blippar had delivered over 20,000 campaigns and had over 50,000 creators on its platform.Key customers and partnershipsIn <a href="https://sp-edge.com/updates/26090">January 2024</a>, the company partnered with snack manufacturer Mars for Snickers' first-ever AR Super Bowl ad campaign, visible through the Apple Vision Pro headset.Its customers include prominent brands such as Google, Hulu, Dr. Pepper, OnePlus, Heinz, and Timberland.Funding and financialsBlippar, which was valued at USD 1.5 billion in 2015 with over 300 employees, laid off all its staff in December 2018 and filed for bankruptcy, after burning through ~USD 130 million in funds raised, because of an investor dispute that restricted Blippar from raising any additional funding. The company found life again in January 2019, when Candy Ventures, a previous investor, acquired all its assets in a patent sale to keep the brand operational. With the acquisition, Blippar pivoted its focus to B2B offerings from its previous focus on providing consumer AR experiences. 18 months after the patent sale, in March 2021, Blippar raised USD 5 million in a pre-Series A round co-led by Chroma Ventures and West Coast Capital. The company had 30 employees as of March 2021 and reported a 200% quarter-on-quarter growth in revenue during 2020 with its new turnaround plan.

Magic Leap is a producer of AR headsets focused on enterprise applications of AR. The company’s flagship device is the enterprise-focused Magic Leap 2 which was soft-launched in January 2022 and commercialized in October 2022. The company claimed that this was the lightest and most portable device built at the time (weighing 260 grams). In <a href="https://sp-edge.com/updates/31753">July 2024</a>, the company laid off ~75 of its employees, including its entire sales and marketing teams. This came as part of a restructuring initiative aimed at pivoting toward licensing the optical technology that underlies its headset to third parties.Notable features of the Magic Leap 2 include its ‘dynamic dimming’ tech, making AR content more legible across different lighting conditions, a 70° field of view (FOV) and persistent spatial mapping features. The company generates revenue through sales of the device, available in three editions (Base, Developer Pro and Enterprise), priced between USD 3,299–4,999.&nbsp;In <a href="https://sp-edge.com/updates/23724">October 2023</a>, the company released its version 1.4.0 update for its Magic Leap 2 headset, which aimed to bolster the device's core capabilities, such as hand-tracking accuracy and positional tracking. Previously, the company announced OpenXR support for its Magic Leap 2 headset in <a href="https://sp-edge.com/updates/18006">April 2023</a>, allowing for developers to transition existing VR solutions to be used on the headset, without the need for further optimization. The company also developed the Magic Leap 1 (launched in 2018, and set to discontinue functionality for it by end 2024), priced at USD 2,295-2,995.As of January 2024, the company had exposure in the health, manufacturing, oil and gas, and transport sectors. It also caters to the defense and public sectors where it provides solutions for federal, state, local, and international government agencies. The company holds an extensive patent portfolio (1,900+) which includes the calibration of AR devices and object interactivity in virtual space.The company, which was initially focused on consumer AR and faced bankruptcy in 2020, replaced its CEO and shifted its focus toward the enterprise segment in October 2020 due to its failure to capture market share in the consumer space and negative impacts from Covid-19. Magic Leap had used an acquisitions-based strategy to build its tech stack and bring technical talent in-house. Its most recent acquisitions included 1) Belgian startup Mimesys (May 2019) that was working on holographic teleconferencing software and 2) Computes, a mesh computing platform (these leverage the power of grouped systems to push resources to the devices that need it most) in October 2018.Key customers and partnershipsNotable partnerships include that with1) Google to launch new AR solutions and experiences (<a href="https://sp-edge.com/updates/29875">May 2024</a>)2) Mercedes-Benz to incorporate the Magic Leap 2 AR glasses in the Vision One-Eleven concept car for a configurable, immersive AR interface between the driver and the vehicle (<a href="https://sp-edge.com/updates/20256">July 2023</a>).3) Audi to incorporate the Magic Leap 2 AR headset in the Audi Activesphere concept car for immersive driving experiences (<a href="https://sp-edge.com/updates/17921">April 2023</a>).4) IT and software development company Globant to use the technical expertise of Globant to tailor its software solutions to enterprise customers (<a href="https://sp-edge.com/updates/10738">May 2022</a>).5) Cloud computing company VMWare to improve the deployment of its device for remote training and frontline worker use cases (October 2021).6) AMD to incorporate a semi-custom system-on-a-chip (SOC, an integrated circuit that combines all or most components of a computer) for its latest AR device (June 2021)

<div>
 
 Matterport is a spatial data company that focuses on digitizing and indexing real-world spaces and structures. Its product offering enables users to create any space into an interactive 3D version, which can then be used to design, build, operate, promote, and better understand the space. Matterport&rsquo;s offering has applications in a wide range of industries including real estate, 3D photography, retail, travel &amp; hospitality, homeowners, insurance, construction, and facilities management. Matterport&rsquo;s spatial data capturing solutions include an iOS and Android app that lets users capture spaces with their smartphones freehand or using its phone mount (&ldquo;Matterport Axis&rdquo;) and a selection of cameras with varying degrees of dimensional accuracy and image quality. The company also provides the option to directly hire technicians to capture spatial data. 
 
 
 The company also offers an AI platform (named Cortex) that transforms scanned data into interactive 3D models and blurs out any human faces. Users can then edit, add, modify, embed content, and annotate the spaces accordingly to create videos and guided tours and publish them to social media, email, websites, or Google Street View, VRBO, Realtor.com, and other platforms. The platform&rsquo;s measurement mode also allows users to take accurate measurements within the 3D model. Furthermore, Matterport&rsquo;s APIs and SDKs can be used to build custom apps and create new 3D experiences.
 
 
 As of December 2022, the company had 590 employees across its 6 global offices and had a customer base of ~700,000 subscribers spanning 150+ countries. Matterport operates a subscription-based model for its platform, with a free-to-use version, two paid plans priced at USD 10 and 70 per month, and a custom enterprise plan.
 
 
 The company&rsquo;s strategic acquisitions include Enview (January 2022), a 3D spatial analytics company, for USD 37 million. The acquisition is expected to accelerate the development of Matterport&rsquo;s spatial data analytics platform to optimize operations and management of physical spaces. Other acquisitions include Arraiy (July 2019), a startup that developed AI-based technologies to overlay digital content onto physically captured spaces in the film industry, and Virtual Walkthrough (July 2016), a UK-based startup that focused on virtual tours for commercial and residential properties.
 
 
 Funding and financials
 
 
 Matterport was listed on NASDAQ in July 2021 through a SPAC deal and raised USD 640 million in gross proceeds at a 2.9 billion valuation. In FY2023, revenue grew by 16% YoY to USD 157.7 million, although its net loss widened by 79% YoY to USD 199.1 million. The company forecasts revenue growth of 11% per annum from FY 2024-2026.
 
</div>

A new generation for mobile connectivity with 5G and beyond

Next-gen Mobile Networks

Cavli Wireless is a leading player in the cellular IoT ecosystem, specializing in the design and manufacturing of smart cellular modules for IoT applications. The company's modules integrate 4G and 5G technologies with embedded eSIM and global connectivity solutions, offering a seamless and simplified approach to IoT deployment.
Cavli's product lineup includes the C-Series LTE Cat six modules, capable of delivering high-speed data transfer rates of up to 300 Mbps downlink and 50 Mbps uplink. These modules are designed for applications requiring fast data transfer and real-time responsiveness, such as online experiences, high-resolution video surveillance, industrial IoT, and cloud computing. The company's portfolio also features the C42GM global IoT module, which combines LTE Cat M1, NB-IoT, and optional Sigfox connectivity, catering to use cases that require a hybrid LPWAN approach. Additionally, the C42GM offers optional GNSS for asset tracking and time synchronization, as well as a variant with CAN FD wired communication support.
In January 2023, Cavli unveiled the C16QS CAT1.bis cellular IoT module, developed in collaboration with Qualcomm Technologies. Leveraging the Qualcomm QCX216 LTE IoT Modem, this cost-effective module aims to make IoT adoption scalable for a wide range of applications, including e-mobility, POS machines, electric charging stations, TCU, and asset tracking.
Cavli's proprietary cloud-based platform, Cavli Hubble, plays a crucial role in the company's offerings. This platform provides centralized subscription management, simplified device management, and affordable global LTE, LPWAN, and 5G connectivity out-of-the-box. Additionally, the Hubble Stack Intelligence feature, Hubble Lens, enables remote diagnosis, monitoring, and debugging of field devices, facilitating the true scaling of IoT solutions.
In July 2023, Cavli secured USD 10 million in Series A funding from global investors, including Chiratae Ventures and Qualcomm Ventures, along with a major US technology conglomerate. This funding will be utilized to expand the company's product portfolio, enhance R&D capabilities, and grow its international presence, with a particular focus on investing in cutting-edge 5G technologies with edge processing capabilities to address the automotive and industrial sectors globally.

Cellwize is a provider of cloud-native, multi-vendor Radio Access Network (RAN) automation and orchestration software solutions. Its flagship product, CHIME, is a platform that connects RAN, vRAN, and Open RAN systems to applications, enabling 5G and Open RAN readiness for mobile network operators (MNOs). CHIME leverages artificial intelligence and machine learning technologies for zero-touch 5G deployments, automating network optimization across 2G/3G/4G/5G networks, and delivering mobile network assurance capabilities.
By leveraging CHIME's open architecture and open API layer, MNOs can accelerate their 5G deployment by automating key business processes in the RAN domain. The platform allows operators to add self-created network applications on top of a multi-vendor RAN ecosystem with ease, delivering high quality of service, improved customer experience, accelerated time-to-market, and reduced costs. As of June 2022, Cellwize's solutions supported over 800 million subscribers globally across more than 40 MNO customers.
In June 2022, Cellwize was acquired by Qualcomm Technologies for approximately USD 350 million. The acquisition aimed to strengthen Qualcomm's ability to drive the development of modern 5G networks, accelerating Open RAN global adoption, cloud-based cellular infrastructure innovation, and 5G private network deployments.

Affirmed Networks is a company that provides fully virtualized and cloud-native mobile solutions for network operators. Its technology enables operators to handle more traffic, simplify network operations, and rapidly create and launch new revenue-generating services. Affirmed Networks' solutions are integrated with Microsoft's Azure for Operators initiative, which aims to help operators transform their networks and services to the cloud.
The company's solutions are designed to support 5G connectivity, offering high bandwidth, massive density, and low-latency connectivity capable of supporting new enterprise and consumer services. Affirmed Networks' cloud-native 5G core network functions can run on various platforms, providing operators with the opportunity to modernize their network infrastructure in a monetizable way.
Affirmed Networks has disrupted the mobile industry by delivering high-performance, low-cost, virtualized 4G evolved packet core and cloud-native 5G core network functions. As part of Microsoft Azure for Operators, the company leverages hybrid-edge cloud platforms, AI-driven automation, and advanced analytics services to reduce operational costs and accelerate new revenue opportunities for operators.
In September 2018, Affirmed Networks launched its "Mobile Network as a Service" solution on Amazon Web Services (AWS), enabling mobile operators to quickly and economically deliver both 4G and 5G services over a scalable cloud infrastructure without excessive capital investments. This solution significantly lowers the total cost of ownership for delivering next-generation mobile services.
Key customers and partnerships
Affirmed Networks has over 80 customers across five continents, including some of the world's largest and most innovative operators. Transatel, a global IoT cellular connectivity enabler and an AWS Partner Network (APN) Standard Technology Partner, is a long-time client of Affirmed Networks' solutions. Transatel leverages Affirmed Networks' web-scale mobile core solution on AWS to cost-effectively expand into new markets on-demand and deliver innovative service offerings.

Baicells Technologies is a provider of disruptive 4G LTE and 5G cellular solutions that connect more than 50 countries globally. The company's innovative solutions leverage the shared Citizens Broadband Radio Service (CBRS) spectrum, enabling enterprises, service providers, and various industries to access premium mid-band spectrum for private cellular networks. Baicells' end-to-end solutions are designed to be cost-effective and operationally simple, making it easier to provide wireless broadband connectivity to underserved areas.
Baicells' solutions include LTE and 5G access points, customer premises equipment (CPE), mobile core, and management platforms. The company's Nova-233 eNodeB, for instance, can deliver up to 112 Mbps downlink and 20 Mbps uplink, serving up to 96 concurrent users per LTE base station. Baicells' offerings cater to a wide range of industries, including manufacturing, sports venues, wireless internet service providers (WISPs), education, airports, outdoor events, and multi-dwelling units.
In February 2023, Baicells, along with partners CELLocity, ALEF Edge, and LittleBird, deployed a private LTE solution for a residential rental community in Phoenix, Arizona. This deployment, recognized by the OnGo Alliance, demonstrates the growing adoption of Baicells' solutions across various sectors. Additionally, in January 2020, Baicells partnered with Streakwave Wireless, a global distributor, to expand its market reach.

Celona is a wireless networking company that provides an end-to-end private 5G/LTE solution designed to bridge the gap between cellular technologies and enterprise IT infrastructure. Its unique solution leverages shared private wireless spectrum options such as the Citizens Broadband Radio Service (CBRS) in the US for deploying LTE and 5G cellular networks within enterprises.
Celona's solution comprises self-organizing network (SON) software for small cell access points, a programmable service edge with evolved packet core functionality, and an AI-enabled service orchestrator for network operation and subscriber management. This allows enterprises to automate functions typically handled by hundreds of engineers at mobile network operators, enabling seamless integration with existing IT infrastructure.
The company's private cellular networks offer several advantages over traditional Wi-Fi, including higher reliability, better performance in challenging environments, and enhanced security through device-level authorization and data encryption. Celona's technology has been successfully deployed in various industries, such as steel manufacturing, logistics, retail, and education.
In August 2022, a Pennsylvania-based steel manufacturer adopted Celona's 5G local area network (LAN) solution to address connectivity issues in its metal-intensive plant. The private cellular network reduced unplanned downtime by approximately 70% in the scrap yard and provided a more reliable user experience for workers relying on wireless devices for critical operations.
In September 2023, Celona announced the commercial availability of its cloud-based neutral host service, which extends public cellular coverage to indoor environments with poor reception. The service, initially supporting T-Mobile subscribers, leverages Celona's Multi-Operator Exchange Network (MOXN) technology to securely tunnel mobile traffic to the operator's core network while guaranteeing service level agreements.

Data Infrastructure & Analytics

WEKA is the only data management provider that delivers a software-based solution that supports next-generation workloads with uncompromising speed, scale, simplicity, sustainability, and seamless data portability. The WEKA Data Platform is purpose-built for the cloud and AI era. Its advanced cloud-native architecture is optimized to solve complex data challenges, delivering 10-100x performance improvements, whether running on-premises, in the cloud, at the edge, or in hybrid and multi-cloud environments. WEKA is fueling research and discovery breakthroughs and accelerating business outcomes for leading global enterprises – including eight of the Fortune 50. The company operates in over 20 countries and is backed by dozens of world-class investors.

Cohesity offers a cloud data management platform for securing and managing enterprise data. The platform eliminates data silos, providing users access to data stored in data centers, edge sites, and public cloud environments. It also incorporates zero-trust features, such as encryption and role-based access control, along with ML- and AI-powered threat detection and recommendations to protect data. The platform also provides backup and recovery for traditional and modern data sources and ensures business continuity with automated failover and failback orchestration for mission-critical workloads.Cohesity offers its platform as a managed service—either through Cohesity directly or via one of its partners—or as a self-managed platform on private or public cloud platforms. The platform caters to enterprises in multiple industries, including financial services, healthcare, manufacturing, logistics, retail, utilities, and media. The company operates through a usage-based SaaS model.In February 2024, Cohesity <a href="https://sp-edge.com/updates/26517">announced</a> plans to acquire the data protection arm of Veritas, which specializes in multi-cloud and on-premises data security, for USD 3 billion. The deal was expected to close by the end of 2024, subject to regulatory approval. The merged companies will reportedly operate as a single entity under the Cohesity name, with the combined company expected to exceed USD 7 billion in value, with USD 1.6 billion in revenues, including USD 1.3 billion in annual recurring revenue (ARR) and a 27% profit margin.&nbsp;Key customers and partnershipsAs of September 2024, Cohesity served over 4,300 customers, including five of the Fortune 10 companies and seven of the top 20 US banks. Its notable customers include Nasdaq, AutoNation, California Department of Finance, Nationwide, Siemens, and Cisco.Cohesity has formed multiple partnerships with other technology companies to enhance its platform and offer new solutions. It teamed up with <a href="https://sp-edge.com/companies/74939">Infosys</a> to provide a data-resiliency-as-a-service solution as part of Infosys Cobalt and with <a href="https://sp-edge.com/companies/341503">Hewlett Packard Enterprises</a> to improve the security and management of enterprise data.

ScyllaDB is the monstrously fast and scalable database for today's terabyte-scale and beyond data intensive applications. ScyllaDB is available as open source and enterprise offerings that can be run anywhere, and ScyllaDB Cloud, a fully-managed Database as a Service (DBaaS) available on AWS and Google Cloud. ScyllaDB supports wide-column NoSQL workloads fully compatible with Apache Cassandra and Amazon DynamoDB. ScyllaDB was founded under the name Cloudius Systems. As Cloudius Systems, the company pioneered the unikernel trend with the development of OSv, designed from the ground up to execute a single application on top of a hypervisor for superior performance and effortless management.

Empowering efficiency, visibility and collaboration throughout supply networks

Supply Chain Tech

FourKites is a supply chain visibility platform that offers solutions to enhance the efficiency and transparency of global supply chains through supply chain visibility and predictive analytics. As of October 2023, the company claimed that it tracked over 3 million global shipments every day through its platform, giving users real-time data with a single source of truth. The platform was also extended to a network of global carriers, which amounted to over 490,000, as of October 2023, and hundreds of transport management systems driving network collaboration across the world.As of October 2023, the company had built a presence in the US, the Netherlands, India, and Germany, claiming that it served over 1,200 of the world’s most recognized brands. This included 18 of the top 20 food and beverage companies and nine of the top 10 consumer packaged goods companies. The company’s platform is catered toward industries such as retail, logistics, manufacturing, pharmaceuticals, chemicals, and oil and gas.Key customers and partnershipsAs of October 2023, FourKites' customer portfolio included leading brands such as Best Buy, Dow, Kraft Heinz, Walmart Canada, Coca-Cola, Nestlé, Eastman, Bayer, Abbott, and Orvis.In August 2024, FourKites <a href="https://sp-edge.com/updates/32701">introduced</a> a new suite of solutions known as YardWorks in partnership with AI solutions provider EAIGLE. The new solution reportedly allows facilities managers to execute their tasks more efficiently by automating supply chain processes. Also, In April 2024, the company <a href="https://sp-edge.com/updates/28180">partnered</a> with BuyCo, a container shipping platform, to streamline shipping operations and enhance visibility in the container shipping process. The partnership aimed to deliver an integrated solution enabling shippers to handle all container shipping operations and gain real-time, efficient, end-to-end visibility of their supply chains.&nbsp;

Headquartered in Caesarea, Israel, Wiliot opeates in the Internet-of-Things (IoT) sector, focusing on bringing connectivity and intelligence to everyday products. The company has developed a platform called the ambient IoT Visibility Platform, which connects the digital and physical worlds through its IoT Pixels. These IoT Pixels are stamp-sized, self-powered compute devices that cost only pennies. They can attach to any product or packaging and transmit real-time item- and case-level information about location, temperature, humidity, and even carbon footprint. The platform allows companies to gain unprecedented visibility into their supply chains, enabling them to improve efficiency, reduce waste, ensure product safety, and optimize operations.Wiliot's IoT Pixels harvest radio frequency energy from surrounding sources like Bluetooth devices and Wi-Fi routers, eliminating the need for batteries. They communicate using Bluetooth Low Energy (BLE) and connect to the internet through existing infrastructure like smartphones, tablets, or bridge devices. The collected data is then processed in Wiliot's Cloud, where advanced algorithms and analytics generate actionable insights.In addition to location and environmental sensing, Wiliot's platform can also detect events like fill levels, dilution, and tampering, making it valuable for industries like pharmaceuticals, food, and retail. The company has successfully deployed its technology for applications such as vaccine vial monitoring, produce freshness tracking, and retail inventory management.In August 2024, the company <a href="https://sp-edge.com/updates/32817">introduced</a> WiliBot, a GenAI chatbot that enables natural language conversations with ambient IoT-connected products in supply chains. The solution allows businesses to interact with their products and supply chains by asking questions about shelf life, product journey, stocking recommendations, safety, and carbon footprint. The company is currently piloting WiliBot with key enterprise customers, with a broader rollout planned for late 2024 and into 2025.Key customers and partnershipsWiliot serves a diverse range of industries including consumer packaged goods (CPG), retail, and healthcare. The company works closely with companies like Avery Dennison and Identiv, along with infrastructure providers and system integrators to deliver end-to-end solutions.Wiliot also collaborates with software companies like iFoodDS and Trustwell to integrate its ambient IoT data into their food safety and compliance platforms, enabling automated traceability and adherence to regulations like the FDA's Food Safety Modernization Act (FSMA) Rule 204.

Tive offers technological solutions to enable real-time supply chain visibility, helping organizations monitor and optimize their logistics operations. The company's solution includes the use of IoT-enabled tracker devices to capture and transmit data to cloud-based platforms, which will provide users with real-time visibility into their supply chain operations.In addition to location tracking, the solution also provides users with insights into the temperature, humidity, shock, and light conditions of shipments in real time. Further, the platform is equipped with data analytics, alerting, and reporting capabilities to enable data-driven decision-making and process optimization. The company’s solution has been adopted in industries such as food and beverage, high-value goods, life sciences, and transportation and logistics. In 2023, the company celebrated the sale of its one millionth tracker.In July 2024, Tive has <a href="https://sp-edge.com/updates/31075">partnered</a> with cloud-native transport management software provider Transport Pro. The partnership focused on offering an additional layer of protection to shipments by integrating Tive trackers with Transport Pro's native visibility tools to provide real-time cargo tracking.In 2023, Tive reported a revenue growth of 50% YoY. During the year, Tive added nearly 300 new customers and saw sales to existing customers increase by 144%. Key customers and partnershipsAs of April 2022, the company was reported to have 350 customers. Some of the customers included leading companies such as DSV, Johnson Controls, Nissan, Crane Solutions, Hellmann Worldwide Logistics, Alpine Fresh, and Bollore Logistics. The company also claimed that its platform is used by one of the world’s largest logistics companies to track pharmaceutical shipments across the globe.In 2021, the company announced its partnership with FourKites to offer shippers, carriers, and third-party logistics service providers (3PLs) an integrated platform that provides greater insight into in-transit shipment data. Also in April 2023, the company announced its strategic partnership with Freightflow to provide Freightflow's perishable shipping customers with real-time supply chain visibility.

Using data and automation to achieve 24/7 production.

Smart Factory

ForwardX Robotics offers end-to-end logistics (automated mobile robots) AMR solutions in warehousing and manufacturing settings including material handling, order picking, docking operations, and storage management. Its products combine an orchestration engine with vision-based AMR technology for end-to-end automation. Its AMR solutions include Flex series, Max series, Apex series, Conveyor series, Lynx series, and Fleet Manager, which are maintained by a proprietary fleet management software.&nbsp;These robots come with functionalities like 360° obstacle detection and avoidance, autonomous rack position detection and docking by its sensors and cameras. The company claims that these robotic solutions could help customers achieve up to 50% cost savings and reach 99.99% picking accuracy. Notably, as of May 2023, the company had applied for over 400 patents, with over 190 international patents granted.&nbsp;The company has offices and teams in China, Japan, and the US. In May 2023, the company expanded its operations into Europe.&nbsp;Key customers and partnershipsForwardX Robotics has developed its AMR solutions for companies such as L’Oreal, IKEA, SF DHL, UNIQLO, Walmart, Orbis, Mitsubishi, JD Logistics, Chery, and BYD.To provide AMR solutions to more users and build an ecosystem for global R&amp;D and delivery, it has established collaborations with distributors, integrators, and technology partners including companies such as Intel, Huawei, and Qualcomm.In July 2024, the company partnered with Voyatzoglou, a warehouse technology distributor, to expand its market presence in Greece and Romania.&nbsp;

Augury offers AI-based predictive maintenance solutions. It uses wireless halo sensors to record the vibration, temperature, and magnetism of machines and upload them to the cloud, where AI will be used to diagnose faults and predict potential malfunctions. The system can predict failures and provide early, actionable insights on equipment status, allowing companies to plan maintenance more effectively. Augury offers Machine Health solutions for Critical Assets (MH CR) and Supporting Equipment (MH SE).&nbsp;Furthermore, it offers a warranty policy (one-of-a-kind in the predictive maintenance field) for up to USD 100,000 of repairs and replacements if the software fails to successfully predict machine faults. The company reported that its machine health (predictive maintenance) solutions can deliver an ROI of 3x–10x. In December 2023, the company launched a product loss guarantee solution, in partnership with HSB, which covers a broader range of production-related assets, including protection against production loss due to mechanical failures.&nbsp;In May 2022, <a href="https://sp-edge.com/updates/10286">Augury acquired Seebo,</a> another Israeli company that offers predictive quality and yield solutions for manufacturers to identify process-driven inefficiencies.&nbsp;Key customers and partnershipsAugury has built a customer base consisting of companies such as Hershey’s, Colgate-Palmolive, Grundfos, Heineken, Danone, and Bausch Health. The company announced an insurance plan for its customers in 2020, partly as a strategy to attract more customers. Augury’s Machine Health Solutions are integrated with PTC’s ThingWorx IoT through a partnership in July 2020 and are available in the PTC Marketplace. In October 2021, it partnered with Baker Hughes, a provider of energy technology solutions, which integrated Augury’s solutions into its System 1 software and asset performance management (APM) solutions. It went on to integrate Baker Hughes’ “Ranger Pro” wireless condition monitoring sensor and “Cordant” gateway into its platform in June 2024.&nbsp;In November 2023, <a href="https://sp-edge.com/updates/23991">Augury partnered with IFS Ultimo</a>, a provider of cloud-based enterprise asset management (EAM) solutions, to offer machine health monitoring and asset management workflows for industries. It went on to partner with DSV, a logistics solutions provider, in March 2024, to introduce a new Parts As a Service (PaaS) solution. The solution utilizes machine health to predict machine faults and enables users to automate the procurement of replacement parts.

The tools that power remote work are define the next generation of enterprise software.

Remote Work Tools

Absurd Joy develops Tangle, a virtual office platform equipped with spatial audio technology, which combines aspects of a remote whiteboard tool and video conferencing. In addition, Tangle allows users to embed third-party tools (e.g., Miro and Trello boards, Google docs) directly into the platform. In <a href="https://venturebeat.com/game-development/tangle-raises-4m-in-funding-from-qualcomm-and-more-for-virtual-workplace/">October 2022 </a>, Tangle launched in early access, allowing users to test out the platform’s features, including 3D virtual spaces, customizable avatars, and integration with productivity tools. Its official launch was slated for late 2023. . Absurd Joy was founded by Alex Schwartz and Cy Wise who founded Owlchemy Labs Inc., a virtual reality games studio acquired by Google in 2017.Funding and financialsThe fresh funds are expected to be funneled toward the development of its virtual office tool. The company also raised USD 4 million in <a href="https://sp-edge.com/updates/16925">March, 2023 </a>from investors including Qualcomm Ventures, March Gaming, and Dune Ventures, to support its commercial launch later in 2023 and to continue developing its platform.

Zoom is a cloud-based platform that provides video, audio, and web conferencing solutions across desktops, laptops, telephones, conference room systems, and mobile devices. It also offers a software development kit (SDK, launched more recently in March 2021) to help software developers integrate Zoom video services such as HD video, audio, and interactive features into other applications. In March 2023, Zoom introduced new features such as AI-powered meeting summaries, email responses, and whiteboard generation. The company also introduced non-AI products such as Zoom Scheduler and virtual coworking spaces called "Zoom Huddles," to compete with rivals like Slack, Calendly, and Microsoft. The company also offers a whiteboard product (launched <a href="https://sp-edge.com/updates/9847">April 2022 </a>) that lets users collaborate in and out of meetings. Zoom Contact Center, an in-house development, was launched in February 2022, marking Zoom’s entry into the contact center space. In <a href="https://sp-edge.com/updates/34221">September 2024</a>, Zoom launched new add-ons for enterprise customers for improved compliance and security. Followed by an announcement to launch new AI-powered features like AI Companion 2.0, Zoom Tasks, and enhancements to Zoom phone, docs, and rooms for its work platform, Zoom Workplace (<a href="https://sp-edge.com/updates/34709">October 2024)</a>.&nbsp; &nbsp;Zoom emerged as the leading tool for individuals, schools, and businesses to work and communicate amidst the e Covid-19 pandemic. The company’s daily active users (free and paid) increased to 200 million in March 2020 from just 10 million in December 2019. In May 2020, it announced the acquisition of encryption security services provider Keybase to build end-to-end encryption on its platform. This was driven by multiple security concerns about the platform driven by elevated usage as a result of the pandemic.&nbsp;In <a href="https://sp-edge.com/updates/17693">April 2023, </a>Zoom announced the acquisition of Workvivo, an Irish enterprise social network platform. The financial details of the acquisition were not disclosed, but it is expected to be completed by the end of May 2023. Workvivo's team is expected to join Zoom following the closure. Zoom planned to expand its product range, access enterprise clients, and integrate Workvivo's functionalities into its platform.&nbsp; This follows its deal to acquire Solvvy, a conversational AI platform for customer support in <a href="https://sp-edge.com/updates/10434">May 2022 </a>, to improve Zoom’s in-house contact center product by adding conversational AI and scalable self-service capabilities. Zoom also announced the <a href="https://sp-edge.com/updates/3709">acquisition of Kites </a>, an AI-based translation solutions provider based in Germany, in June 2021.&nbsp;Zoom has made a couple of strategic investments in video conferencing hardware brands Neat (USD 30 million in September 2021) and DTEN (undisclosed amount in October 2021). Zoom also <a href="https://sp-edge.com/updates/7514">acquired Liminal </a>, an event production company, in December 2021 to improve its hybrid event management capacity and expand its event management offering.Key customers and partnershipsIn April 2024, Zoom partnered with Theta Lake, a compliance and communication security company, to launch the Zoom Compliance Manager which offers compliance solutions across all Zoom applications. Zoom partnered with OpenAI for its AI features (March 2023), including Zoom IQ assistant, which can provide meeting summaries and summarize chat threads. In <a href="https://sp-edge.com/updates/18645">May 2023 </a>, Zoom partnered with AI startup Anthropic, integrating its AI platform Claude into Zoom's productivity platform. The intention was to enhance Zoom's Contact Center by providing self-service features, understanding customer intent, and offering actionable insights for managers.&nbsp;Funding and financialsFor FY2023, the company reported total revenue of USD 4,393.0 million, a 7% increase YoY . Enterprise revenue grew by 24% to USD 2,409.3 million, while online revenue declined by 8% to USD 1,983.6 million. Non-GAAP income from operations was USD 1,579.1 million, compared to USD 1,657.1 million last year, with a non-GAAP operating margin of 35.9%. Non-GAAP net income was USD 1,329.0 million.For the full fiscal year 2024, the company projects total revenue to be between USD 4.435 billion and USD 4.455 billion. Non-GAAP income from operations is expected to range from USD 1.606 billion to USD 1.626 billion. The full fiscal year non-GAAP diluted EPS is anticipated to be between USD 4.11 and USD 4.18, based on approximately 309 million non-GAAP weighted average shares outstanding.&nbsp;

Facial recognition delivers incredible convenience to consumers, as well as serious risks.

Facial Recognition

<div>
 
 Oosto 
 &nbsp;
 (Formerly AnyVision) provides a facial recognition-based platform named &ldquo;Access Point AI&rdquo; with touchless access control, video surveillance, occupancy analytics, people counting, and flagging dangerous behavior. The Israeli platform claims to be capable of spoof detection and liveness verification as well as integration with other cameras. The company has formed strategic partnerships with related technology providers such as Honeywell, Schneider Electric, Boon Edam, Ambarella, and Nvidia as well as several regional system integrations to grow its market reach. The company serves organizations across financial services, education, entertainment, healthcare, manufacturing, and distribution.
 
 
 In March 2020, Microsoft, which invested in the company in June 2019, divested its stake due to ethical concerns over facial recognition technology. The company experienced lower sales in 2020 owing to the Covid-19 pandemic, which resulted in laying off around 50% of its staff along with cuts to research spending.
 
 
 Key customers and partnerships
 
 
 <a href="https://sp-edge.com/updates/23680">
 In November 2023
 </a>
 , Oosto partnered with Intellicene, an integrated security solutions provider, integrating Oosto's face biometrics with Intellicene's Symphia security software platform (Face Detect product) to enhance its capabilities, increasing the level of protection.
 Funding and financials
 
 
 In July 2021, Oosto raised USD 235 million, bringing the company&rsquo;s total funding to USD 352 million. The round was co-led by SoftBank&rsquo;s Vision Fund 2 and Eldridge Industries with participation from existing investors including Robert Bosch GmbH, Qualcomm Ventures, and Lightspeed. The company expected to use the funding to improve its platform, accelerate the integration of its technology to edge computing devices such as smart cameras, bodycams, and chips, and expand into new markets.
 
</div>

<div>
 
 Clarifai AI, founded by machine learning expert Matthew Zeiler, specializes in visual-recognition artificial intelligence systems that offer image recognition, object detection, visual searches, etc. The company provides facial recognition systems for the hospitality, retail, and media sectors for identifying VIP/repeat customers, instant payment options, access control, and more. Clarifai&rsquo;s APIs and SDKs can be used in the cloud or on-premises. The company was named the leader among computer vision platforms by Forrester Research in 2019. Clarifai AI is one of the most-funded facial recognition startups, which has raised USD 100 million as of October 2021.
 
</div>

Speeding up sales, cutting costs, and preparing for the future of retail—whether brick-and-mortar or online.

Retail Industry Robots

BrainCorp is a software development company that specializes in AI systems for the autonomous robotic industry. The company develops specialized operating systems for autonomous robots, integrated with advanced machine learning and computer vision systems. The company’s pre-product work was doing R&amp;D for Qualcomm Inc. and the US Defense Advanced Research Project Agency (DARPA).&nbsp;&nbsp;Brain Corp’s key product offerings solutions include autonomous inventory management, which utilizes computer vision and RFID technology to monitor shelf inventory and generate inventory insights; “BrainOS Inventory Insights,” the company’s proprietary in-store inventory analytics solution; and inventory scanning robots to generate actionable inventory insights such as shelf-restock alerting, price tag compliance alerting, planogram compliance, and task management automation. The comapny’s solution utilizes Google Cloud's Vertex AI Vision models. In <a href="https://sp-edge.com/updates/26301">January 2024</a>, Brain Corp announced the launch of its “BrainOS InventoryAI Suite,” a suite of AI-powered inventory analytics solutions that enables retailers to integrate inventory intelligence into their operations.Brain Corp’s Floor Care solutions utilize advanced cameras and LiDAR sensors to manage fleets of floor cleaning autonomous mobile robots. Brain Corp’s technology also powers Inventory Scan, a floor-scrubber robot integrated with shelf analytics technology developed in partnership with Tennant. In January 2022, the company introduced BrainOS Mobile, which directly connects operators and managers with their BrainOS-powered robotic fleets. In September 2023, it launched <a href="https://sp-edge.com/updates/21622">Site Maps,</a> a feature that provides visual representations of a facility's environment and insights into site operations.Key customers and partnershipsAs of March 2024, BrainCorp had over 32,000 robots subscribed to the company’s BrainOS platform across autonomous floor scrubbing, autonomous vacuuming, and autonomous inventory scanning segments. In October 2022, Sam’s Club deployed floor-scrubber robots integrated with Brain Corp’s inventory scanner technology across 600 stores.&nbsp;BrainCorp’s operating systems power 1) Whiz, an autonomous vacuum cleaner sold by Softbank robotics and ICE Robotics, 2) Inventory Scan, and 3) <a href="https://sp-edge.com/updates/26301">Dane AIR</a>; an autonomous inventory scanning robot developed by Dane Technologies.&nbsp;It also announced the adoption of <a href="https://sp-edge.com/updates/10838?industryIds=17">Google Cloud</a> in May 2022 as the core technical infrastructure to manage its autonomous mobile robot (AMR) fleets to offer data integration and reporting capabilities to users.

RetailNext provides in-store analytics for retailers using a variety of sensor sources, combined with data from video cameras, PoS systems, staff systems, weather, Bluetooth devices, promotional calendars, etc. to provide insights on ways to improve shopper experience in real-time.&nbsp;The company also offers an “Optimization Dashboard” that allows retailers to optimize staff against footfall by analyzing and predicting customer traffic. The company’s tools include 1) Aurora, a patented all-in-one sensor which, reportedly, is the first to integrate HD video, Wi-Fi, and Bluetooth into a single sensor, and 2) Traffic 2.0, a store foot traffic monitoring software that utilizes information gathered using Aurora to generate real-time customer foot traffic insights, reports, and dashboards. RetailNext’s API can be integrated with other end-user applications such as virtual queuing apps, digital signage, and task management tools..&nbsp;In November 2022, RetailNext acquired UK-based people-counting and footfall solutions company <a href="https://sp-edge.com/updates/14663?industryIds=17">Ipsos</a> to expand presence in the UK and European markets.Key customers and partnershipsAs of January 2024, RetailNext’s services were in use by 450 brands in over 90 countries. RetailNext’s customer partnerships include companies such as UAE-based Sharaf DG (June 2023), UK-based UNTUCKit (July 2023), and US-based Daniel’s Jewelers (January 2024).In April 2021, RetailNext partnered with Raydiant (an experience management platform) to automate occupancy tracking for retailers. In May 2023, RetailNext partnered with pass_by, an AI-powered geospatial insights platform to integrate Aurora sensors with ass_by’s advanced predictive software.&nbsp;

Providing a seamless consumer experience is one hope for bringing back brick and mortar retail, automated stores are being built to do just that.

Automated Stores

AiFi offers a grab-and-go checkout solution powered by computer vision and AI. Its solution enables a customer to enter a store using a mobile app, pick up the items required, and exit the store to complete the purchase. The solution also generates statistics and insights on customer behavior. The company claims that its technology can track up to 500 customers while also tracking tens of thousands of items in a store. It also claims a 99% accuracy rate and can be used within a space of up to 10,000 square feet, without using facial recognition technology or storing biometric data.AiFi’s flagship platform, “Orchestrated Autonomous Store Infrastructure &amp; Services (OASIS)” is designed for stores ranging from 200 square feet to 10,000 square feet and allows users to select between a fully autonomous shopping experience or a hybrid model. The stores will have a turnstile, a kiosk or door locks at the entrance, which the customer can interact with to gain access to the store. It also can be integrated with existing payments, inventory management, and electronic shelf labeling systems. The stores operate on a subscription-based model, and the company guarantees 12 months to achieve a return on investment (ROI).AiFi leverages the OASIS platform to offer retail clients the option of deploying an AiFi NanoStore, a custom-designed, fully-automated, container-sized, unmanned, checkout-free store format that can be operated 24/7. The NanoStores come in sizes of 160, 300 and 370 square feet specifications. Company claims that its technology can save around USD 20 per hour of operation.Key customers and partnershipsAs of February 2023, AiFi’s technology was deployed at over 100 stores globally. In January 2022, AiFi launched its largest store, a 6,000 sq ft Aldi location in London. AiFi’s key partnerships include Carrefour (November 2018) in the UAE, Zabka (February 2019), Wundermart (February 2021), PostNL (May 2021), Morrisons (July 2021), Aldi (January 2022), Compass Group (December 2021), Kende Gastro (January 2022) in Europe, Loop Neighborhood (January 2020), Choice Market (April 2021), Verizon (May 2021) , Acrisure Arena ( <a href="https://sp-edge.com/updates/29120">May 2024 </a>), and Chicago White Sox (<a href="https://sp-edge.com/updates/33472">September 2024</a>) in the US, and AiGo (December 2020) in China.AiFi also has a partnership with Microsoft (January 2023) to launch a cloud-based analytics service for cashier-less stores. In <a href="https://sp-edge.com/updates/9389">March 2022 </a>AiFi partnered with Sodexo, the French campus food service operator, to bring autonomous grocery stores to campuses across the US.Funding and financialsBy 2022, AiFi reportedly had revenue growth of 5–6x YoY. In March 2022, AiFi raised USD 65 million in a Series B funding round led by Canada-based investment management firm Khaira CapitalAiFi. It planned to leverage the new funding to scale partnerships, strengthen its deployment team for faster store rollouts, and invest in product development and feature enhancement.

<div>
 
 Shopic is an Israel-based developer of smart cart solutions that aims to provide a frictionless shopping experience for medium and large grocery stores. Shopic offers Shop-E, an AI-powered clip-on device that can transform a regular shopping cart into a smart cart.&nbsp;
 
 
 The Shop-E device can be picked up from its charger shelf unit and attached to a shopping cart with a single click. The device uses computer vision to identify products inserted or removed from the cart, displays the bill on the screen for products in the cart, and allows shoppers to settle their payments at the end of their store visit. The device also serves as a medium for personalized promotions, improving customer engagement. Shopic&rsquo;s analytics engine also gathers live data on buyer behavior and generates insights such as buyer shopping habits, planogram compliance, and shelf stocking levels, helping optimize store management. According to initial deployment data by Shopic, the company&rsquo;s smart cart solution increases the basket size of the shoppers by 10%.&nbsp;
 
 
 Key customers and partnerships
 
 
 Shopic&rsquo;s technology is used by retailers in Europe, the US, and Israel. In December 2021, Shopic announced a partnership with Shufersal, Israel&rsquo;s largest supermarket chain, to install its devices in 200 stores countrywide. In 
 <a href="https://sp-edge.com/updates/16149">
 February 2023
 </a>
 , Shopic partnered with American supermarket chain Wegmans to pilot Shopic smart carts at two Wegmans locations.&nbsp;
 
 
 In 
 <a href="https://sp-edge.com/updates/18804">
 May 2023
 </a>
 , the company partnered with Microsoft Experience Center for Europe, the Middle East, and Africa (EMEA) to display its smart cart technology at the Experience Center in Munich.
 
 
 Funding and financials
 
 
 In August 2022, Shopic raised USD 35 million in a Series B funding round led by Qualcomm Ventures.
 
</div>

More important now than ever, telehealth will long outlast the pandemic that drove its growth.

Telehealth

<div>
 
 Doctor on Demand is an online provider platform that allows users to consult doctors through video, text messages, or phone calls. The company&rsquo;s services include urgent care (24/7 access to doctors), behavioral health, preventive health, and chronic care. It does not currently offer subscription plans and charges on a per-visit basis. Patients can either set up an appointment with a doctor or opt for a doctor on demand, which will direct them to the next available practitioner. Doctor on Demand charges different fees based on the medical specialties. On-demand sessions can also be extended for an additional fee. 
 
 
 In addition to the business-to-consumer (B2C) model, Doctor on Demand also operates a business-to-business (B2B) model, providing a suite of virtual primary care services for the covered beneficiaries of employers and health plans. It was the first telemedicine company to integrate lab testing into its services in 2017. In May 2020, the company expanded telehealth services to the 33 million senior beneficiaries of the Medicare Part B program, becoming the first telehealth operator to do so. Doctor on Demand raised USD 75 million in July 2020 from General Atlantic, bringing the total funding to USD 235.7 million. The company was valued at USD 875 million after the round. The funds are being used to fund the growth and expansion of its virtual care model amidst the increased demand from the Covid-19 pandemic.
 
 
 In March 2021, Doctor on Demand and Grand Rounds entered into a merger agreement to form a new virtual primary care company. The terms of the merger were not disclosed but the transaction is expected to take place within the first half of 2021 subject to regulatory approval.&nbsp;The companies has also signed a definitive agreement to acquire Included Health, a care navigation platform for the LGBTQ+ community in May 2021. This marks the first LGBTQ-specific healthcare platform to be acquired by a leading telehealth provider and would enable Doctor on Demand to enhance its member-centric digital offering by supporting diverse and underserved communities as well as capitalizing on the growing demand for LGBTQ specific offerings.&nbsp;
 
 
 
</div>

Tyto is a remote patient monitoring and telemedicine provider based in New York. It allows a healthcare provider to examine the patient's heart, lungs, throat, ears, skin, abdomen, and body temperature using a handheld, all in one remote monitoring device (with built-in guidance) provided to the patient as a part of the membership, allowing the provider to diagnose and treat many common conditions. Tyto can be accessed 24/7 and integrated with electronic health records systems and other telehealth platforms such as Teladoc.In <a href="https://qumracapital.com/news/tytocare-announces-the-home-smart-clinic-the-first-remote-primary-care-offering-for-the-entire-family/">November 2022</a>, the company launched a primary care offering called the “Home Smart Clinic”. The Home Smart Clinic offering includes 1) Tyto’s FDA-approved handheld remote physical examination device 2) AI-powered diagnostic support 3) user engagement services including consulting and marketing services and 4) support for various clinician business models. This new primary care offering works with both providers and health plans to provide patients with a suite of healthcare services. TytoCare has also launched “Home Health Delivery Metrics”, a tracking system to ensure providers are able to carry out their services effectively and ensure positive experiences for patients. As of August 2023, TytoCare provides its services to over 220 health systems and health plans across the US, Europe, Asia, Latin America, and the Middle East.In <a href="https://www.tytocare.com/press-releases/tytocare-introduces-major-release-to-increase-flexibility-and-accessibility-of-care-delivery/">June 2024</a>, TytoCare released an update for its Home Smart Clinic software. The upgraded Home Smart Clinic offered a fully integrated experience adaptable to different care modalities and service providers, the ability to share TytoCare exams with others through TytoShare, a new provision for pre-visit exams enhancing efficiency and convenience, and a multimedia avatar named "Emma" to improve user onboarding and engagement.In <a href="https://www.tytocare.com/press-releases/tytocare-receives-fda-clearance-for-its-ai-powered/#:~:text=Accuracy%20from%20Home-,TytoCare%20Receives%20FDA%20Clearance%20for%20its%20AI%2DPowered%20Tyto%20Insights,Ensure%20Diagnostic%20Accuracy%20from%20Home">March 2023</a>, TytoCare received FDA 510(k) clearance for its wheeze detection algorithm, allowing the company to begin commercialization of the product as part of its Tyto Insights offering. The wheeze detection software utilizes Tyto’s stethoscope device to remotely capture and measure lung sounds and identify signs of wheezing in adult patients and children aged two and above.In <a href="https://sp-edge.com/updates/32190">July 2024</a>, TytoCare received FDA clearance for its product "Tyto Insights for Crackle Detection," a new AI-powered diagnostic tool. Tyto Insights for Crackle Detection was designed to help clinicians detect lung crackles during virtual clinic visits in adults and children over two years old. The AI algorithm analyzes lung acoustic signals, flags exams with potential abnormal sounds indicative of crackles, and alerts providers to their presence.Key customers and partnershipsAs of <a href="https://www.tytocare.com/">July 2024</a>, TytoCare provided its services to over 220 healthcare institutions, had over 30,000 providers on its platform, covered over 900,000 patients, and worked with health plans across the US, Europe, Asia, Latin America, and the Middle East.In <a href="https://sp-edge.com/updates/34808">October 2024</a>, TytoCare partnered with Frontier Health, a Texas-based direct primary care organization, to provide virtual primary care services. Through the partnership, Frontier Direct Care members were able to obtain the TytoCare's Home Smart Clinic device for no additional cost. By using the device, members could conduct virtual visits with their primary care providers, sharing vital signs and high-resolution images of various body parts during live video consultations.In <a href="https://sp-edge.com/updates/33111">August 2024</a>, the company partnered with The Medical University of South Carolina (MUSC) to expand virtual care technology in school health clinics. Through the partnership MUSC began deploying TytoCare's Pro Smart Clinic devices across 150 schools across the Charleston region. The devices would replace existing telehealth carts and allow more virtual care stations with expanded exam capabilities.In <a href="https://hitconsultant.net/2024/05/15/tytocare-partners-with-5-health-systems-to-bring-telehealth-to-100-schools/#:~:text=%E2%80%93%20TytoCare's%20school%20health%20initiative%20now,for%20children%20across%20the%20country.&amp;text=The%20recent%20expansion%20of%20the,by%20collaborations%20with%20health%20systems.">May 2024</a>, the company expanded its school health initiative as five new healthcare systems adopted its services. The initiative extended primary and urgent care services to over 2,500 schools in 31 US states. Through the partnerships, TytoCare planned to deliver its AI-facilitated Pro Smart Clinics to school clinics, offering remote access to primary, urgent, and specialized care. Health workers gained real-time patient data through the company's connected device, which analyzes various health metrics.In <a href="https://www.tytocare.com/press-releases/tytocare-and-st-lukes-health-system-forge-exclusive-health-care-partnership-in-idaho/#:~:text=%E2%80%9CWe%20are%20proud%20to%20work,its%20members%20beginning%20in%202024.">November 2023</a>, TytoCare also partnered with Idaho's St. Luke's Health System to provide its virtual care services to the healthcare provider’s members and employees in Idaho. Through the partnership, St. Luke members and staff would be given access to TytoCare's services, including on-demand virtual visits, with zero copays. Additionally, employees would have access to Tyto's Home Smart Clinic to conduct remote exams via Tyto’s connected devices, including its otoscope, tongue depressor, thermometer, and FDA-cleared smart stethoscope.In <a href="https://www.overlakehospital.org/news/2023-02/overlake-medical-center-clinics-partners-tytocare-enhance-virtual-care">February 2023</a>, TytoCare partnered with non-profit regional healthcare provider Overlake Medical Center &amp; Clinics, to enhance and expand Overlake’s virtual care services. Through this partnership, Overlake introduced TytoCare’s “TytoHome” device to its “Concierge Care” service to improve its clinician’s ability to diagnose and treat patients through virtual consultations while carrying out a range of physical tests through smart devices.

Generating, collecting, and analyzing enterprise data will never be the same.

Edge Computing

Azion enables users to build and run serverless applications on the edge.By offering a full-stack edge platform, Azion enables developers to build applications faster, leveraging over 100 global edge locations. This platform is designed for serverless applications, zero trust security architectures, enhanced content delivery, and innovative IoT use cases. Additionally, Azion aids service providers in virtualizing their infra edge with Multi-Access Edge Computing (MEC), allowing both developers and service providers to enhance performance and security while achieving significant cost savings compared to legacy solutionsIn July 2022, Azion launched a global marketplace, which includes a catalog of integrated partner solutions for the company’s edge platform. The marketplace solution will enable developers, independent software vendors, and open-source communities to provide their own solutions for users to purchase directly on Azion’s platform.Key customers and partnershipsAzion serves a diverse customer base across various industries such as education, media, healthcare, technology, retail, and financial services. Some prominent customers are Ibero, FourBank, Todo, Quero-Quero, Crefisa, Dafiti, and NZN.Funding and financialsIn November 2020, Azion raised an undisclosed sum as a strategic investment from Qualcomm Ventures.

<div>
 
 Founded in 2021, OmniML offers scalable deep learning models to bridge edge devices with AI applications and accelerate the deployment of edge AI (particularly computer vision). OmniML eliminates pain points found between AI applications and the high demand they place on hardware, which in turn eliminates the need for developers to manually optimize ML models for specific chips and devices.
 
 
 The company works with customers in a number of industries including smart cameras and autonomous vehicles and claims that it enables machine learning tasks to run upto 10x faster on edge devices, with significant cost reductions.
 
 
 As of March 2022, the company served a few large technology conglomerates including Amazon and Meta, which integrated OmniML&rsquo;s neural architecture search algorithm with the AutoGluon open source AutoML library and the PyTorch open source deep learning framework respectively.&nbsp;
 
 
 In March 2022, the company raised USD 10 million in seed funding led by GGV Capital.&nbsp;
 
</div>

AI-based solutions for evolving digital threats

Next-gen Cybersecurity

<div>
 
 SentinelOne offers a range of endpoint protection solutions for enterprises. The company provides the artificial intelligence (AI)-based platform &ldquo;Singularity,&rdquo; which is a unified offering for endpoint security, including a next-generation antivirus (NGAV), endpoint detection and response tools (EDR), extended detection and response (XDR), and other tools to monitor endpoint behavior from laptops, phones, and internet-of-things (IoT) devices to identify threats. Singularity ActiveEDR incorporates Storyline Active Response (STAR) to provide automated threat detection and response and also enables end-users to write custom MITRE-compatible detection rules. SentinelOne&rsquo;s endpoint protection offering also extends to cloud endpoints and workloads, offering AI and behavior-based protection for virtual machines (VMs) and containers in the cloud. Singularity also provides features to centrally control cybersecurity policies and automate tasks for response and remediation. In addition to endpoint security, SentinelOne offers managed detection and response services, which support organizations with technology and human resources for threat hunting, response, and incident investigation.
 
 
 In April 2023, 
 <a href="https://sp-edge.com/updates/17965">
 SentinelOne launched a generative AI platform
 </a>
 for threat detection, allowing security teams to run threat detection and automated remediation operations using natural language instead of code based commands.
 
 
 In November 2023 the company 
 <a href="https://sp-edge.com/updates/23867">
 launched
 </a>
 a new, unified version of its Singularity platform, Singularity Unity, with upgraded cloud and endpoint security and data lake capabilities, as well as a GenAI cybersecurity assistant. Unity incorporated SentinelOne&rsquo;s &ldquo;PurpleAI&rdquo; models to simplify investigations, governance, and compliance and improving metrics such as mean time to detect/resolve (MTTD/MTTR).
 
 
 SentinelOne acquired cloud data-logging startup Scalyr in February 2021 for USD 155 million to bolster its own XDR capabilities. SentinelOne also entered into an agreement to acquire the identity threat detection and response (ITDR) startup 
 <a href="https://sp-edge.com/updates/9176">
 Attivo Networks 
 </a>
 for USD 616.5 million in March 2022, and expects to integrate Attivo Networks&rsquo; capabilities into its Singularity XDR solution to provide autonomous protection. This includes ITDR, identity infrastructure assessment, and identity cyber deception capabilities to protect endpoint, cloud workloads, IoT devices, mobile, and data against identity compromise, lateral movement attacks, credential theft, data cloaking, and more. This acquisition will also add to SentinelOne&rsquo;s gross margin and expand its total addressable market (TAM) by USD 4 billion in the critical identity security category.
 
 
 Key customers and partnerships
 
 
 SentinelOne partnered with cloud services and cybersecurity distributor Exclusive Networks in July 2021 to launch its platform for Australian and New Zealand MSP and MSSPs. During the same period, the company inked a partnership with ConnectWise to offer its standalone endpoint detection and response (EDR) solutions to its global partner base of technology solution providers (TSPs).
 
 
 SentinelOne has partnered with managed detection and response (MDR) 
 <a href="https://sp-edge.com/updates/4878">
 providers 
 </a>
 such as 
 <a href="https://sp-edge.com/companies/228245">
 Red Canary 
 </a>
 , deepwatch, and 
 <a href="https://sp-edge.com/companies/505475">
 BlueVoyant 
 </a>
 to 
 <a href="https://sp-edge.com/sectors/work/updates/6173">
 integrate 
 </a>
 its solution with the latter&rsquo;s MDR offerings. In addition, SentinelOne has also partnered with 
 <a href="https://sp-edge.com/companies/75116">
 Zscaler 
 </a>
 , a cloud network security 
 <a href="https://sp-edge.com/sectors/work/updates/5182">
 company 
 </a>
 , and Cloudflare, a web infrastructure and website security 
 <a href="https://sp-edge.com/updates/5182">
 company 
 </a>
 , to push its own offerings through Zscaler and SentinelOne&rsquo;s services. It also 
 <a href="https://sp-edge.com/updates/12082">
 partnered
 </a>
 with the observable data management company, Cribl in August 2022 to leverage the latter&rsquo;s observability product suite to streamline cybersecurity triage, optimize data collection, and provide security teams control of their data. During the same month, the company 
 <a href="https://sp-edge.com/updates/12235">
 partnered
 </a>
 with the IoT security startup, Armis to jointly provide three unified solutions that protect organizations across endpoints, cloud, mobile, IoT, OT devices, and more. In December 2021, Sentinel 
 <a href="https://sp-edge.com/updates/7149">
 partnered 
 </a>
 with Attivo Networks, to integrate its Singularity XDR with Attivo Networks&rsquo; Endpoint Detection Net (EDN) suite for a combined solution that prevents attackers from compromising endpoints, and to detect lateral movements to provide Active Directory protection, credential theft detection, and removal of exposed credentials. The company 
 <a href="https://sp-edge.com/updates/12331">
 partnered
 </a>
 with the cybersecurity and compliance company, Proofpoint to integrate SentinelOne Singularity XDR and Proofpoint Targeted Attack Protection (TAP) solutions and provide organizations with threat intelligence, detection, and response across emails, endpoints, cloud, and identity management. In 
 <a href="https://sp-edge.com/updates/16912">
 March 2023
 </a>
 , SentinelOne partnered with cloud network security provider Wiz to provide end-to-end cloud security solutions by leveraging each company&rsquo;s platform. With their combined capabilities, the joint solution was claimed to detect and remediate cybersecurity threats faster than stand-alone platforms.
 
 
 Funding and financials
 
 
 The company&rsquo;s last private funding round was in November 2020, where it raised USD 267 million in a Series F funding round led by Tiger Global Management, and the company expects to use the funding to support the growth of its Singularity platform.
 
 
 In June 2021, SentinelOne 
 <a href="https://sp-edge.com/updates/3850">
 commenced 
 </a>
 trading in New York Stock Exchange (NYSE) under the ticker &ldquo;S,&rdquo; raising USD 1.2 billion in its initial public offering (IPO) at an implied valuation of USD 8.9 billion. The company expected to use the proceeds for working capital, product development, capital expenditure, and administrative matters. The company also aimed to use part of the funds to acquire and invest in complementary businesses and technologies.
 
 
 SentinelOne 
 <a href="https://sp-edge.com/updates/13278">
 launched 
 </a>
 &ldquo;S Ventures&rdquo;, a USD 100 million venture fund, to invest in enterprise cybersecurity startups, in September 2022. S Ventures invested in Armorblox, an API email security platform, and Noetic Cyber, a continuous cyber asset management and controls platform. These companies joined its portfolio companies which include Torq, a no-code security automation platform, and 
 <a href="https://sp-edge.com/companies/1695999">
 Laminar 
 </a>
 , a cloud-native data security startup.
 
 
 In 
 <a href="https://sp-edge.com/updates/17067">
 FY2023
 </a>
 , the company reported a revenue of USD 422.2 million, representing a YoY growth of 106% and an adjusted gross margin of 72%. The company saw its annual recurring revenue (ARR) growing at 88% to close at USD 548.7 million and the number of customers grew around 50% YoY to exceed 10,000 in Q4 FY2023. Management guidance for revenue for FY2024 stands in the range of USD 631 million and USD 640 million.
 
</div>

<div>
 
 Lookout is a company that offers endpoint security focused on mobile devices. Its endpoint security offering uses artificial intelligence and behavior detection to protect mobile devices from apps, device threats, and network threats. Lookout also offers an endpoint detection and response (EDR) platform that can obtain telemetric data from iOS, Android, and ChromeOS mobile devices while centrally monitoring mobile endpoint devices to detect and respond to threats. As of March 2021, Lookout carried out behavioral analyses from close to 200 million devices and more than 120 million apps. Lookout&rsquo;s solutions are used by organizations in sectors such as financial services, healthcare, government, and manufacturing.
 
 
 The company&rsquo;s key clients include Landis+Gyr, Henkel, Nasdaq, and Schneider Electric. Lookout has also entered into partnerships and product integrations with Google, Microsoft, and VMware.
 
 
 For the financial year ended January 2020, the company recorded 250% year-over-year (YoY) growth in the number of customers, along with 320% growth in the number of users employing its phishing protection offering.
 
 
 Lookout 
 <a href="https://sp-edge.com/updates/10843">
 acquired SaferPass
 </a>
 , a Slovakia-based password management startup, in June 2022. SaferPass provides password management and online identity solutions to protect the privacy, login credentials, and other sensitive information of consumers and businesses. The solution provides users with a digital vault that enables them to encrypt and securely store their login information, which can be later used to access services through mobile apps and web browsers. The solution enables users to generate strong unique passwords through a password generator tool and autofill them. SaferPass prevents users from using the same password at multiple access points and automatically informs them to change their passwords by comparing them with databases of leaked passwords. Lookout incorporated SaferPass&rsquo; password management capabilities into its suite of security solutions to provide customers with advanced password monitoring and alerts on leaked user credentials on the dark web. It also updates the compromised password to protect the user&rsquo;s account from risks such as identity theft. The acquisition is expected to expand Lookout&rsquo;s channel partnerships and footprint in Central Europe.
 
 
 In April 2016, Lookout acquired the cloud-based mobile security provider Bluebox Security for an undisclosed amount. The acquisition enables Lookout to expand its mobile security offering. In addition, the company acquired CipherCloud in March 2021. CipherCloud is a provider of cloud security solutions under Secure Access Service Edge (SASE) architecture, covering products such as Cloud Access Security Broker (CASB), Zero-Trust Network Access (ZTNA), and Secure Web Gateways (SWG). This acquisition will complement Lookout&rsquo;s existing endpoint offering, allowing it to provide a bundled solution for clients to protect both the cloud and the endpoint.
 
 
 In April 2023, 
 <a href="https://sp-edge.com/updates/18041">
 Lookout sold its consumer mobile security business
 </a>
 &mdash;which develops a mobile antivirus app&mdash;to European cybersecurity firm F-Secure for ~USD 223 million, to focus on becoming a pure-play enterprise security firm.
 
</div>

Autonomous and connected technologies shaping the future of the auto industry

Auto Tech

<div>
 
 ClearMotion develops proactive suspension and road-sensing hardware and software to mitigate vehicle motion across uneven terrain. Its patented flagship product, &ldquo;ClearMotion1&rdquo; (CM1), incorporates high-bandwidth, active suspension technology that can cancel unwanted motion in the car. It is pitched as an alternative chassis for vehicle manufacturers that could replace traditional physical shock absorbers with digital, software-driven adaptive actuators. It also offers &ldquo;Roadmotion,&rdquo; a software that analyzes road surfaces for better chassis control.
 
 
 In September 2023, ClearMotion announced that its intellectual property portfolio had surpassed 500 patents and applications in the field.
 
 
 The company has offices in Boston (US), Birmingham (UK), and Shanghai (China). It also started constructing its first production facility in Changshu, China 
 <a href="https://sp-edge.com/updates/21108">
 in August 2023
 </a>
 (to be operational by Q1 2024).
 
 
 Key customers and partnerships
 
 
 ClearMotion has customers including Volkswagen-owned car brand Porsche 
 <a href="https://sp-edge.com/updates/28326">
 (April 2024),
 </a>
 EV maker NIO (for 3 million units; 
 <a href="https://sp-edge.com/updates/25061">
 December 2023),
 </a>
 and another undisclosed EV manufacturer company (to be rolled out in 2024; 
 <a href="https://sp-edge.com/updates/18795">
 May 2023).
 </a>
 The company also has partnerships with parties including Bridgestone to jointly develop new solutions for the automotive industry (2017), United States Seating Company (USSC) to license out ClearMotion&rsquo;s system (2018), and with BWI Group to supply full-active suspension components and subsystems to an EV manufacturer 
 <a href="https://sp-edge.com/updates/20000">
 (July 2023).
 </a>
 
 
 ClearMotion also acquired Bose Ride, Bose Corporation&rsquo;s active motion control business, in 2017 to complement its product offering. 
 
 
 Funding and financials
 
 
 <a href="https://sp-edge.com/updates/18795">
 In May 2023,
 </a>
 ClearMotion raised USD 32 million in venture capital to commercialize its technology. Previously, the company raised USD 39 million led by NIO Capital&mdash;also to launch the product in 2024, with plans to expand globally.
 
 
 Key competitors: None comparable 
 (ClearMotion is the only startup covered in the Auto Tech hub that develops suspension technology.)
 
 
 
</div>

Sibros offers a connected vehicle platform dubbed “Deep Connected Platform” for global auto manufacturers to provide over-the-air (OTA) software updates and configurations to vehicle systems, collect vehicle data, and transmit remote diagnostic commands to track repairs and other technical requirements. Its “OTA Deep Logger” collects connected vehicle data from electronic control units (ECUs) and network domains; “Bootloaders” enable secure firmware OTA updates; “OTA Deep Updater” sends deep and secure software updates; “OTA Command Manager” activates remote command services and diagnostics; while pre-built in-vehicle “Network Stacks” accelerate vehicle-to-cloud integration.Key customers and partnershipsIts customers include cars, trucks, buses, bikes and tractor manufacturers, and electric vehicle (EV) startups in the solar and commercial industries. The list includes Sono Motors, a solar electric vehicle manufacturer (July 2021), Volta Trucks, an electric commercial vehicle manufacturer (September 2021), Lightyear One, a solar electric vehicle manufacturer (November 2021), Bajaj for its Chetak electric scooter fleet (January 2022), Next.e.GO Mobile SE for its new vehicle models (November 2022), and automotive component manufacturer Marelli <a href="https://sp-edge.com/updates/15542">(January 2023) </a>, and Indian multinational OEM Mahindra and Mahindra (January 2023).The company also has partnerships with 1) Google Cloud to deliver intelligent and flexible connected vehicle-to-cloud solutions for auto manufacturers (August 2022); 2) iWave Global, a provider of embedded systems and ODM (original design manufacturer) solutions, to integrate Sibros' OTA platform into iWave's Rugged Telematics Device <a href="https://sp-edge.com/updates/20816">(August 2023); </a>3) Accolade Electronics, an India-based provider of connected telematics solutions, to optimize power efficiency, reduce hardware costs, and expedite deployment processes <a href="https://sp-edge.com/updates/24546">(November 2023); </a>and Cavli Wireless, an IoT enablement solutions company, to enhance IoT connectivity <a href="https://sp-edge.com/updates/27324">(March 2024).</a>&nbsp;

AI, robotics, and IoT to streamline the flow of goods and information

Logistics Tech

inVia Robotics offers warehouse automation solutions for ecommerce retailers. The company’s solutions include1) “ inVia Picker Robots ,” autonomous mobile robots (AMRs) powered by AI2) “inVia PickerWall,” a dynamic pick-and-put wall system3) “inVia PickMate,” a hardware-agnostic software with a color-based interface that uses a pick-to-color warehouse order-picking technology to make the process of identifying stock-keeping units (SKUs) in the right locations easier4) “ inVia Logic ,” an AI-powered Warehouse Execution System (WES) software and a full-service robotics operations center5) <a href="https://sp-edge.com/updates/30017">“Twin IQ,”</a> an intelligent warehouse simulation platform to streamline operations. The company operates on a subscription-based robotics-as-a-service (RaaS) business model. Key customers and partnershipsinVia Robotics’ customers include Scholastic Canada, ShipHero, Mohawk Industries, Gnarlywood, Stord, Cargo Cove, Fulfyld, Kantsu, SICK, and CarParts.com. The company’s products partnerships include Cubiscan to develop warehouse automating systems (November 2022) and Rufus Labs, a provider of intelligent wearable warehouse technology and workforce analytics software, to offer advanced products with combined technologies (June 2021).

<div>
 
 Third Wave Automation (TWA) is a developer of high-reach autonomous forklifts designed for warehouse automation. Its 
 &ldquo;TWA Reach&rdquo;
 forklift offers the ability to operate in four different modes: 1) fully autonomous, 2) remote operation, 3) remote assist, and 4) manual operation. The forklift fleet is supported by a fleet management platform powered by machine learning and AI. The platform&rsquo;s features include remote operation and assistance, intelligent fleet management, and visibility solutions for effective fleet management. The platform can be integrated with existing workflows by leveraging warehouse management systems. The company offers its products using a robots-as-a-service (RaaS) business model.
 
 
 Key customers and partnerships
 
 
 TWA began pilot testing of its products in February 2023. As of May 2024, its solutions were actively used by customers like C.H. Robinson Worldwide and 
 <a href="https://sp-edge.com/updates/29410">
 Holman Logistics.
 </a>
 
 
 The company has product partnerships with 1) forklift trucks and aftermarket parts manufacturer CLARK Material Handling Company to develop TWA Reach (March 2022) and 2) Toyota Industries to manufacture the forklifts (May 2021).&nbsp;
 
 
 Funding and financials
 
 
 In February 2023, TWA received an undisclosed strategic investment from Qualcomm Ventures and Zebra Technologies to expand its product offering and the applications of its technology and to scale the production of its forklifts.
 
</div>

Taking commercial activities to new heights

Commercial Drone Tech

Skycatch is a technology company that provides aerial data capture automation, processing, visualization, and analysis tools. Its primary focus is on the mining sector, where it offers an all-in-one solution for drone survey and highwall mapping. This solution includes a kit for UAV mapping, data processing, and drone analytics, which can be operational within 30 minutes.
Skycatch's technology is designed to provide the fastest time to data in the market, eliminating the need for ground control points (GCPs) for safer data capture. It enables offline processing in the field or in the cloud, with proven accuracy of 5cm on all axes. The company's solution offers precise, high-fidelity 3D models of vertical surfaces, automatic creation of point clouds, automatic reprojection into site coordinate systems, and automatic removal of objects. Additionally, Skycatch provides advanced accuracy training and certification, as well as 24/7 enterprise support.

Verity is a Zurich-based company that provides an autonomous indoor drone system for inventory tracking and management. Founded in 2014 by Raffaello D'Andrea, the former co-founder of Kiva Systems (acquired by Amazon in 2012), Verity's solution enables fully automated inventory scanning using self-flying warehouse drones that do not require human operators and can operate in dark conditions.
These drones can provide accurate real-time data on inventory levels, locations, and potential misplacements, eliminating the need for costly and error-prone manual scanning processes. Verity's system offers a zero-error inventory management solution, cutting labor and equipment costs, improving customer service, and reducing waste and CO2 emissions. As of July 2023, the company's drones were installed in over 80 warehouses across 13 countries on three continents, performing millions of autonomous inventory checks monthly.
In March 2023, Verity raised USD 32 million in Series B funding led by A.P. Moller Holding, with participation from Exor Ventures and others. This round was further extended to USD 43 million in July 2023 with additional investment from Qualcomm Ventures. Since its inception in late 2015, Verity has raised approximately USD 74 million in total funding. The company was acquired by an undisclosed buyer in 2024, with further details of the acquisition provided in the sources.

A new generation of building blocks for emerging tech

Next-gen Semiconductors

SiFive is a fabless semiconductor company founded in 2015 that specializes in designing processor cores and chips based on the open-source RISC-V instruction set architecture. The company provides commercial RISC-V-based platforms and custom silicon solutions, offering a range of processor core IP, development boards, and SoCs. SiFive's technology enables system designers to quickly and easily build custom chips for various applications including data centers, networking, storage, and edge computing. The company's cores offer 30-40% better power efficiency and a smaller size compared to alternatives, allowing for more cores on a chip. SiFive's online platform simplifies the process of designing and testing chips and core IP, even for those new to silicon development. In September 2020, SiFive appointed Patrick Little as President and CEO to accelerate adoption of its technology for next-generation computing solutions. As of March 2022, SiFive had a post-money valuation between USD 1-10 billion.
Key customers and partnerships
SiFive has collaborated with several high-profile organizations. In 2022, NASA announced that SiFive's RISC-V-compatible CPU cores would power its new High-Performance Spaceflight Computer, expected to deliver a 100-fold improvement in performance over its predecessor. SiFive has also worked with the Barcelona Supercomputing Center to create an open-source API for popular compilers, enabling applications to use the RISC-V Vector Extension for high-performance computing, artificial intelligence, and computer vision. The company has partnerships with major technology firms, as evidenced by its involvement in initiatives supporting RISC-V International.

Uhnder is a prominent radar technology company headquartered in Austin, Texas, focused on developing advanced digital imaging radar solutions for the automotive industry. Founded in 2015, Uhnder has pioneered the world's first fully automotive-qualified, 4D digital imaging radar-on-chip. The company's flagship product, the S80 chip, utilizes Digital Code Modulation (DCM) technology to offer superior performance compared to traditional analog radar systems. Uhnder's radar-on-chip provides 16 times better resolution, 24 times more power on target, and 30 times better contrast than conventional analog offerings. This breakthrough technology enables precise detection and tracking of objects, including pedestrians, cyclists, and vehicles, in various weather and lighting conditions.
Uhnder's digital radar chip features 12 transmitters and 16 receivers, creating 192 virtual radar channels. This configuration allows for improved angular resolution, accuracy, and the ability to detect smaller objects more quickly and precisely. The chip consumes between 7-13 watts, which is claimed to be about half the power of competitive setups. In April 2022, Uhnder released its S80 radar-on-chip to mass production, having completed stringent automotive requirements including AEC-Q104 qualification, ISO 26262 ASIL-B rating, and PPAP. In April 2024, Uhnder introduced the S81 mass market imaging radar solution, designed to make 4D imaging radar technology more accessible for Advanced Driver Assistance Systems (ADAS) in a wider range of vehicles.
Key customers and partnerships
Uhnder's technology made its commercial debut in November 2022 through a partnership with Magna International, featuring in the Icon Digital Radar used in the Fisker Ocean electric SUV. The Fisker Ocean incorporates five high-definition digital radars using Uhnder's technology, providing 360-degree coverage with the ability to detect vehicles at 200 meters and pedestrians at 80 meters.
Uhnder has also established strategic collaborations with other companies in the automotive industry. In February 2022, Uhnder announced a partnership with Spartan, a sensor software company, to develop robust, all-weather, high-resolution sensing solutions for ADAS and automated vehicles.

Making cold chains faster, smarter, and cooler.

Cold Chain Innovation

Tive is a global leader in real-time supply chain visibility solutions, providing end-to-end tracking and monitoring for shipments across all modes of transportation including over-the-road, rail, ocean, and air. Founded in 2015 by Krenar Komoni, Tive offers cloud-based software, sensors, and services that allow companies to track the location and condition of in-transit shipments in real-time. Tive's hardware includes Solo 5G trackers and Tive Tags, which can record data on location, temperature, humidity, shock, and light exposure. This data is accessible through Tive's cloud platform, which allows users to set custom alerts and integrate the information with existing systems via API.
Tive's technology enables companies to prevent issues like stock pile-ups, reduce rejected loads, and minimize theft, damage, and spoilage of shipments. In 2023, Tive reported annual recurring revenue of USD 29 million, with projections to reach USD 50 million by year-end. The company has expanded its workforce from 120 to 300 employees and serves over 350 customers across industries such as consumer packaged goods, logistics, produce, retail, and pharmaceuticals. Tive's innovations include a 5G-connected tracker for pharmaceutical shipments and advancements in multimodal and multi-leg tracking capabilities.

FourKites is a supply chain visibility platform that provides real-time tracking and insights for global shipments. The company's technology leverages data from millions of daily global shipments, combining it with enterprise data and applying patented artificial intelligence to offer comprehensive visibility across the entire supply chain. FourKites tracks 3 million shipments daily, covering over 62 billion miles annually, and captures 150+ unique data points at every geolocation update. The platform integrates with existing enterprise systems such as ERP, TMS, and WMS to provide a unified view of inventory, shipments, orders, and facilities.
FourKites' suite of applications includes transportation and order visibility, yard management, and appointment setting. The company's Fin AI, the FourKites Intelligence Network, is a natural language interface that helps users tackle supply chain challenges by surfacing insights, identifying optimization opportunities, and automating tasks. FourKites' platform is designed to mitigate risks, improve responsiveness, and enhance decision-making across the supply chain. The technology aims to eliminate silos and conflicting information by connecting data points from first to final mile.
Key customers and partnerships
FourKites serves a diverse range of industries, with notable customers including C&S Wholesale Grocers, 3 million, Pixelle, Michaels, and Kraft Heinz. C&S Wholesale Grocers used FourKites to create a digital twin of their supply chain, resulting in a 65% reduction in transportation-related customer service calls within four months. During the Covid-19 pandemic, 3 million leveraged FourKites to manage the delivery of critical N95 masks. Pixelle, a paper and packaging corporation, reported a nearly 50% reduction in track-and-trace emails after implementing FourKites. Michaels consolidated its supply chain management into a centralized control tower using FourKites, achieving 91% load tracking and improved on-time delivery. Kraft Heinz utilized FourKites to optimize shipments to food banks in partnership with Feeding America.

Distributed workforces require new solutions for office operations, HR, payment, and more.

Remote Work Infrastructure

<div>
 
 Zoom operates in the remote work infrastructure industry through its acquisition of Ireland-based Workvivo (April 2023), for USD 222 million. Workvivo offers an enterprise social network platform designed to centralize internal communications. The company&rsquo;s communication features include a personalized activity feed, an employee directory, podcasting and live-streaming capabilities, and a tool for critical communications.
 
 
 It also has community features for employees to interact and collaborate on common interests, employee recognition features (e.g., shoutouts, awards, and badges), and analytics features to provide engagement insights through impressions, reach, and interaction tracking on posts, articles, and events, as well as through surveys and polls.
 
 
 Notably, the platform is integrated with Zoom&rsquo;s desktop client, allowing it to reach a wider user base. In October 2023, Workvivo added a range of platform features including an employee insights suite to improve employee engagement and an GenAI-powered assistant to draft employee surveys and other content.
 
 
 The platform is used by a wide range of industries including automotive, manufacturing, frontline, retail communication, and tech companies.
 
 
 Key customers and partnerships
 
 
 As of April 2024, over 2 million users used Workvivo, with notable enterprises including Amazon, Virgin, Ryanair and Clipper, among others. The company operated in over 90 countries with the majority of its users based in the US, accounting for 80% of the company&rsquo;s growth, as of June 2022.
 
 
 In April 2024, the company entered into its largest-ever reseller agreement with Cocentric to boost the employee experience.
 
 
 Funding and financials
 
 
 Zoom recorded USD 4.5 billion in revenue for FY2024 (up 3% YoY). This translated into a diluted EPS of USD 2.07, compared to USD 0.34 in FY2023. Moving forward, the company expects total revenue in FY2025 to be USD 4.6 billion, non-GAAP diluted EPS ranging between USD 4.85-4.88 and free cash flow of USD 1.44-1.48 billion.
 
</div>

Membership-based, non-insurance healthcare companies helping maintain a steady state of well being.

Preventive Healthcare

<div>
 
 AliveCor is an AI-enabled remote patient monitoring company that develops mobile electrocardiogram (ECG) devices that track users&rsquo; heartbeats under its flagship brand KardiaMobile.
 
 
 The FDA-approved solution is built on its proprietary technology, AI/ML-powered ECG sensors, and enables the detection of various cardiac conditions, such as atrial fibrillation, bradycardia, tachycardia, and sinus rhythm with supraventricular ectopy, in 30 seconds.&nbsp;
 
 
 The company&rsquo;s cardiological care subscription services include 1) KardiaCare, which offers heart health insights and monitoring features, including unlimited ECGs and clinician review at USD 11.99 per month, and 2) KardiaPlus, which extends the KardiaCare membership with additional reviews, a KardiaMobile 6L device, and blood pressure cuff.&nbsp;&nbsp;
 
 
 Key customers and partnerships
 
 
 As of January 2024, the company had served more than two million customers in over 40 countries.
 
 
 The company has several key partners. These include the following:&nbsp;
 
 
 - Clario to enable ECG readings to be collected from trial participants&rsquo; homes (
 <a href="https://sp-edge.com/updates/21063">
 August 2023
 </a>
 )
 
 
 - Thomas Jefferson University Hospital to evaluate the benefits of QTc monitoring with KardiaMobile 6L for patients receiving methadone maintenance therapy for opioid use disorder (
 <a href="https://www.prnewswire.com/news-releases/alivecor-and-thomas-jefferson-university-hospital-partner-to-evaluate-kardiamobile-6l-for-qt-prolongation-screening-in-patients-treated-for-opioid-use-disorder-301881575.html">
 July 2023
 </a>
 )
 
 
 - PaceMate to create an integrated system that will facilitate the collection and evaluation of ECG data (
 <a href="https://www.medicaldevice-network.com/news/cardiac-monitoring-pacemate-alivecor/">
 May 2023
 </a>
 )
 
 
 - BIOTRONIK to combine BIOTRONIK's injectable cardiac monitor with AliveCor's ECG technology (
 <a href="https://www.prnewswire.com/news-releases/biotronik-announces-collaboration-with-alivecor-as-first-in-a-series-of-strategic-partnerships-to-disrupt-cardiac-digital-health-with-ai-enabled-solutions-301620650.html">
 September 2022
 </a>
 )
 
 
 - GE Healthcare to integrate ECG data from AliveCor's KardiaMobile 6L device directly into GE Healthcare&rsquo;s MUSE Cardiac Management System for physicians to view and evaluate (
 <a href="https://www.businesswire.com/news/home/20220316005427/en/GE-Healthcare-AliveCor-Partnership-Aims-to-Increase-Convenience-for-Patients-and-Help-Reduce-Cardiac-Related-Hospitalizations-by-Improving-the-Quality-and-Integration-of-Patient-Data">
 March 2022
 </a>
 )
 
 
 - AstraZeneca to study disease management solutions using AliveCor&rsquo;s Kardia-K technology (
 <a href="https://sp-edge.com/updates/2136">
 February 2021
 </a>
 )
 
 
 Funding and financials
 
 
 In 
 <a href="https://sp-edge.com/updates/12459">
 August 2022
 </a>
 , the company raised an undisclosed amount in a Series F funding round led by GE Healthcare. The funds were aimed at advancing its cardiological care subscription services. 
 
</div>

Quantum information processing is slowly becoming a reality, ushering in a new technological era.

Quantum Computing

Israel-based Quantum Machines develops quantum hardware and software systems for controlling and operating quantum processors. This is offered via an orchestration platform between classical processors and quantum processors, which allows researchers to code complex algorithms very easily and then orchestrates the algorithms on the quantum processor.&nbsp;The company’s Quantum Orchestration Platform (QOP) enables researchers to carry out complex quantum experiments and perform real-time qubit state stabilization and error correction. It also allows multiple experiments to be carried out at the same time by multiple users. The platform works with qubit engineering technologies including superconducting qubits, trapped ions, trapped atoms, and nitrogen-vacancy (NV) centers. The company also introduced a new language called “QUA” in 2020 for quantum orchestration, reported to be the first standard universal language for quantum computers.&nbsp;Founded in 2018, the company acquired Danish quantum hardware startup <a href="https://sp-edge.com/updates/9491">QDevi </a>l in March 2022 to gain access to QDevil’s expertise and capabilities in the development of auxiliary electronics and quantum hardware. In <a href="https://sp-edge.com/updates/26381">February 2024 </a>, the company launched two new products—QDAC-II Compact and QSwitch—to its quantum electronics product range.&nbsp;Key customers and partnershipsThe company’s partnerships include: <a href="https://sp-edge.com/updates/28990">Hamamatsu </a>(April 2024) to enhance quantum computation, communication, and sensing capabilities; <a href="https://sp-edge.com/updates/24512">ParTec AG </a>(initiated in May 2023; extended in November 2023) to integrate Quantum Machines' Quantum Orchestration Platform with ParTec's proprietary IP; Toyota Tsusho Corporation, a part of the <a href="https://sp-edge.com/updates/11468">Toyota Group </a>(July 2022) to offer quantum solutions to Japanese customers.&nbsp;&nbsp;

Artificial intelligence is helping sales teams manage relationships and optimize the customer lifecycle.

Sales Engagement Platforms

Indo-US Mindtickle, originally launched as a gamification startup named “TeraMeraIdea,” pivoted to sales enablement in 2012. Mindtickle is now a leading sales readiness and enablement platform that drives revenue growth by transforming the performance of go-to-market (GTM) teams. Its all-in-one platform includes features for training, content management, digital sales rooms, AI role plays, coaching, call insights, and forecasting.In September 2021, two new features were added to the platform, enhancing its functionality: 1) ‘Asset Hub’, which provides sales representatives a view of all training content and marketing on a single interface; and 2) "Readiness Index," a sales performance tool that calculates readiness scores for sales representatives based on learning patterns and scoring. Additionally, the platform provided <a href="https://sp-edge.com/updates/14191">new features and services in November 2022 </a>ahead of its online event called "Binge-Worthy Enablement." In August 2023, the firm launched <a href="https://sp-edge.com/updates/21434">Mindtickle Copilot,</a> a generative AI-driven sales enablement and readiness solution. It automates program performance analysis, streamlines call reviews, and delivers valuable insights to boost sales team efficiency. In May 2024, the company introduced <a href="https://sp-edge.com/updates/29899">AI-driven enablement capabilities</a> aimed at improving the effectiveness of customer-facing teams.&nbsp;In August 2021, Mindtickle was valued at USD 1.2 billion.&nbsp;In May 2023, the firm <a href="https://sp-edge.com/updates/18990">acquired Enable Us,</a> a provider of digital sales room and buyer enablement solutions, to enhance its revenue productivity offerings and enable sales representatives to digitally collaborate with buyers through personalized content experiences.&nbsp;The company claims a 2.5x increase in coaching engagement between sales managers and their teams, a 64% increase in revenue generated by sales reps in their first quarter, and a 50% reduction in onboarding time.&nbsp;Key customers and partnershipsAs of September 2024, the platform had 1 million+ users across 400+ firms, which include Snowflake, Merck &amp; Co., AppDynamics and Johnson &amp; Johnson. The company catered to several industries including technology, life sciences, financial services, manufacturing and services.In June 2022, the firm partnered with Baker Communications, a professional training company, to improve sales readiness.&nbsp;

Property owners and real estate companies are able to handle larger portfolios while offering faster and cheaper services.

Residential PropTech

<div>
 
 Matterport is a leading provider of all-in-one 3D data platforms that can make digital twin copies of a real-world place (room, building, or outdoor space) or object. The platform can be used to design, build, operate, and understand any space. The technology is currently available to many industries, including the real-estate sector. According to the company, thousands of businesses across more than 130 countries have used Matterport, including large enterprises as well as startups. In February 2024, Matterport launched 
 <a href="https://sp-edge.com/updates/26675">
 Property Intelligence
 </a>
 , an AI-powered tool that allows users to automate measurements, layouts, and editing, with reporting capabilities generated from a Matterport digital twin of their property.
 
 
 In the real-estate sector, Matterport enables companies to scan properties they list and provide a digital copy to their clients. By just clicking the links, clients can walk through the houses to see every little detail at any time. Its clients include Coldwell Banker, Sotheby&rsquo;s International Realty, and Redfin.
 
 
 Matterport offers a range of plans to suit different needs and budgets. The Free Plan costs USD 0 per month and allows one Active Space and two Users. For those requiring more capacity, the Starter Plan is priced at USD 12 per month, providing 5&ndash;20 Active Spaces and three Users. The Professional Plan at USD 65 per month increases the limit to 20&ndash;150 Active Spaces and 10 Users. For larger operations, the Business Plan is available at USD 321 per month, offering 100&ndash;300 Active Spaces and 50 Users.
 
 
 In May 2024, the company launched a tool for select enterprise customers to measure avoided carbon emissions by using its digital twin platform instead of traveling for on-site inspections. The tool calculates savings based on factors like digital spaces created and site visits, with reports tailored to different uses such as marketing or construction. Matterport claims this helps businesses track sustainability benefits and support environmental goals.
 
 
 In January 2022, Matterport acquired Enview, an AI-based 3D spatial data analytics platform. Through this acquisition Matterport was to leverage Enview&rsquo;s technology to support the development of its spatial data analytics platform which would be capable of providing insights and business intel by optimizing operations and management on any physical space. The company also acquired real estate marketing platform 
 <a href="https://sp-edge.com/updates/11509?industryIds=37">
 VHT Studios
 </a>
 in June 2022. This was done in order to integrate VHT Studios&rsquo; digital marketing services into Matterport's 3D digital twin technology and expand its product offerings to enter other verticals such as commercial real estate, travel and hospitality, and the retail sector.
 
 
 In July 2021, Matterport merged with the special-purpose acquisition company (SPAC) Gores Holding VI at an equity valuation of USD 2.9 billion. As part of the transaction, the company received approximately USD 605 million in cash (net of fees) including around USD 310 million (net of redemptions) from the SPAC and USD 295 million in additional financing led by investors Tiger Global Management, Senator Investment Group, and Dragoneer Investment Group.&nbsp;
 
 
 In April 2024, Matterport 
 <a href="https://sp-edge.com/updates/28692">
 entered into a definitive agreement
 </a>
 to be acquired by CoStar Group in a cash and stock transaction valued at USD 5.50 per share, comprising an equity value of nearly USD 2.1 billion and an enterprise value of approximately USD 1.6 billion based on the closing price for CoStar Group common stock on April 19, 2024.
 
 
 Matterport reported total revenue of USD 157.7 million for FY2023 (up 16% YoY), compared to total revenue of USD 136.1 million recorded in FY2022. Despite this, the company incurred a non-GAAP net loss of USD 65.8 million for FY2023, compared to a non-GAAP net loss of USD 116.7 million in FY2022. For FY2024, Matterport expects to generate total revenue in the range of USD 173 million &ndash; 183 million (implying a YoY growth of 19%&ndash;22%).&nbsp;
 
 
 Key customers and partnership
 
 
 In June 2023, Matterport 
 <a href="https://sp-edge.com/updates/19236">
 partnered with CompuSoluciones,
 </a>
 a Mexico-based technological solutions distributor for companies, to utilize its sales teams to enter and distribute its digital twin platform, Pro3 and Pro2 cameras targeted at SMEs, and other enterprises within Mexico and Colombia.
 
 
 In June 2024, Matterport partnered with FBS, the owner of the Flexmls platform, to enhance MLS listing processes. This partnership allows Flexmls users to easily upload Matterport digital twins and automatically populate property details like room names and dimensions into their listings, saving time, reducing errors, and providing more accurate property data for real estate professionals and buyers.
 
</div>

Modern tools to train and motivate staff, and bridge emerging skill gaps.

EdTech: Corporate Learning

<div>
 
 Founded in 2018 by Dr. Sam Zheng, Wei-Liang Kao, and Patrik Matos da Silva, DeepHow offers a workforce training platform powered by AI that uses natural language processing (NLP), computer vision, and knowledge mapping to capture, digitize, and organize knowledge in the form of how-to videos. Primarily targeting manufacturing, field service, construction, and equipment maintenance sectors, the company serves large enterprise customers such as DeWalt, Stanley Black &amp; Decker, and Siemens with over 20 sites deployed across 4 different global zones.
 
 
 Funding and financials 
 
 
 In April 2023, the company raised 
 <a href="https://sp-edge.com/updates/18074">
 USD 14 million in a Series A funding
 </a>
 round led by Owl Ventures. The funds will be used toward go-to-market initiatives and advancing its product, engineering, and generative AI innovation. The round follows its USD 9 million in 
 a pre-Series A funding round led by Sierra Ventures in September 2021.
 
</div>

Sustainably solving the food shortages of the future

Smart Farming

Arable was established with the aim of providing measurements, insight, and predictions that enable growers to address risks with crop management. The key market of focus has been the US, though the company’s product has been used in 39 different countries.The company provides real-time data updates on irrigation and weather, such as reports on plants and crop management, to allow users to make informed decisions, while also being able to precisely measure different farming-related data such as temperature and humidity. Thus, the company falls under the categories of precision and smart farming.The company’s product, Arable Mark, is an irrigation management tool whichsynthesizes climate, plant, and soil data to produce visualizations. Through a web dashboard and smartphone app, Arable Mark exposes precipitation, crop water deficit, soil moisture, chilling hours, and other metrics gathered from sensors. Customers using Arable’s platform have reportedly shown to reduce irrigation by upto 50% and pesticide usage by 15%. In May 2023, the company commercially introduced <a href="https://sp-edge.com/updates/18120">Arable Mark 3 </a>which includes a 5 MP camera, an optional wind anemometer, and advanced plant and environmental sensing capabilities.The company’s customer base is quite broad in the agriculture value chain, and includes farmers, advisors, insurers, processors, lenders, and governments that find Arable useful to gauge facts on the ground in real time, and in turn reduce risk and increase certainty with decision making.Key customers and partnershipsAs of July 2022, the company serves over 400 customers across 40 countries, and has partnered with agribusiness players like <a href="https://www.bayer.com/en/">Bayer </a>, <a href="http://basf.com/">BASF </a>, and <a href="https://www.nutrien.com/">Nutrien </a>, as well as large consumer food companies such as <a href="https://www.googleadservices.com/pagead/aclk?sa=L&amp;ai=DChcSEwjZmt7Vz8HsAhVB5bMKHZDRA-QYABAAGgJxbg&amp;ohost=www.google.com&amp;cid=CAESQOD2vDo-TeLvYzetoyv9iGSw4AnEyiwfscK9vNdjRJ0JPSZXAOBHMYcmrQDPGFTkEl8yzB3t5tB0WHRWzqyKtJE&amp;sig=AOD64_30Xpx6__U8VgKUxkOFpPHuSo99bw&amp;q&amp;adurl&amp;ved=2ahUKEwj--M3Vz8HsAhVCLKwKHa4MAgUQ0Qx6BAgUEAE">Mars </a>, <a href="https://www.lambweston.com/">Lamb Weston </a>, and <a href="https://www.tweglobal.com/">Treasury Wine Estates </a>, as well as fellow startups like <a href="https://www.planet.com/">Planet </a>, <a href="https://www.terramera.com/">Terramera </a>, and <a href="https://www.pivotbio.com/">Pivot Bio </a>primarily to expand the reach of its platform.In <a href="https://sp-edge.com/updates/32961">August 2024</a>, Arable collaborated with Google to leverage agritech to promote water conservation and crop productivity among Nebraska farms.Funding and financials<a href="https://sp-edge.com/updates/11852">In July 2022 </a>, Arable raised USD 40 million in Series C funding led by Galvanize Climate Solutions to support product development, delivery of new services, and international expansion.Despite the Covid-19 pandemic, the company’s sales grew by 4x during 2020 and 2022, while reporting a 300% sales growth in Q3 2020 alone.

Tech solutions for achieving global anti-wastage targets

Food Waste

Based in Israel, Wiliot provides self-powered sensor tags that look like stickers and can be attached to medicine, food, or agricultural products. These tags provide the manufacturer or retailer with product information such as location, humidity, and freshness. The information is stored on a cloud that users can access via the Wiliot platform and receive real-time transparency updates.&nbsp;As of October 2024, Wiliot claimed&nbsp;that its sensing stickers can reduce food waste by 40%.&nbsp;The company operates a Sensing-as-a-Service business targeting food brands and retailers. The first version of the sensor tag, called Wiliot V1.0, was launched in 2019. In 2020, the tags were further developed to integrate with Bluetooth devices and improve the ability to access information from devices that have Bluetooth connectivity. In November 2021, the V2.0 upgraded version of the tag was unveiled, which enhanced the versatility and accuracy of the product.&nbsp;The company&nbsp;planned to provide the tags at a cost of USD 500 per developer kit and is working with large retail companies to commercialize its product and&nbsp;expected to mass produce by the end of 2021. In&nbsp;<a href="https://sp-edge.com/updates/15615">January 2023</a>, Wiliot announced the launch of its Innovation Kit, which helps to track the location and temperature of a range of goods.&nbsp;

Using AI to automate, enhance and optimize marketing activities

Marketing Automation

MNTN is an adtech firm specializing in performance advertising for connected TV (CTV). The firm provides a self-service platform allowing brands and agencies to place ads on premium, ad-supported shows streamed via smart TVs, and over-the-top (OTT) devices. The platform includes solutions for 1) targeting customers via Oracle Data Clouds audience segments, 2) retargeting ads to visitors of websites of premium networks, and 3) attributing and measuring the performance of advertising campaigns via the MNTN platform as well as Google Analytics.&nbsp;The firm launched<a href="https://sp-edge.com/updates/7173"> a creative-as-a-subscription (CaaS) service</a> where brands can partner with MNTN’s ad agencies and production firms to create ad content, with brands that spend a significant amount having the opportunity to have the ad production done by Maximum Effort Marketing. In June 2023, the firm <a href="https://sp-edge.com/updates/19520">introduced MNTN VIVA,</a> a video creative platform that combines generative AI tools with an intuitive editing environment for marketers.In June 2021, the firm acquired Maximum Effort Marketing, a digital marketing agency founded by actor Ryan Reynolds and George Dewey. Subsequently, Ryan Reynolds and George Dewey were appointed as the chief creative officer and chief brand officer of MNTN, respectively.&nbsp;Key customers and partnershipsBrands that use MNTN’s platform as of January 2022 include Coach, Swatch, Herman Miller, and Montblanc.

Information to create a more efficient, cleaner and safer way to travel in the city of the future

Smart Mobility Information

<div>
 
 Streetline provides a variety of parking planning and management solutions for parking operators, including a 1) parking information platform (providing information on parking availability, rules, and pricing via a mobile app or as an API that can be integrated into a vehicle information dashboard), 2) infrastructure-less sensing (a software developer kit that uses smartphone location and motion sensors to automatically and anonymously capture user parking activities), and 3) parking management tools (web-based analytics tools for dynamic pricing and parking policy enforcement). Streetline&rsquo;s solutions leverage machine learning (ML) to deliver real-time parking information and dynamic pricing. In addition, the firm also provides IoT sensors and cameras for gathering parking data, which the firm claims have 95%&ndash;97% accuracy.
 
 
 In April 2015, Streetline acquired Kapsch Traffic Com, an Austrian-based mobility solution provider on traffic management, electronic toll collection, and mobility information systems.
 
 
 Key customers and partnerships
 
 
 
 The firm&rsquo;s solutions have primarily been deployed in the US, Canada, and Europe and are used by more than 30 cities including Los Angeles, Redwood, and Oakland as well as by universities, corporate campuses, and mobility partners. As of December 2021, the firm claimed that its solutions have managed 720 million parking events(compared with 250 million managed as of July 2014).
 
</div>

Technologies that automate and optimize building operations using data-driven insights.

Smart Building Technology

Augury is a leading provider of AI-based machine health solutions that enable manufacturers to predict and prevent industrial machine failures, thereby improving machine performance. The company's technology combines the internet of Things (IoT), AI, and human expertise to monitor machines continuously, diagnose issues, prescribe corrective actions, and guide users in implementing those actions.
Augury offers two primary solutions: Machine Health for Critical Equipment (MH CR) and Machine Health for Supporting Equipment (MH SE). MH CR provides precise fault diagnostics, root cause analysis, and detailed instructions to avert machine failures and optimize performance, backed by Augury's reliability engineers. MH SE enables users to quickly determine the severity of potential issues and perform proactive maintenance.
The process involves installing wireless sensors on machines to capture data, which is then transmitted to Augury's secure cloud for analysis by advanced AI algorithms. Diagnostic reports are sent to users, providing insights, recommended actions, and user guides. As of October 2022, Augury had diagnosed over 100,000 machines with 99.9% accurate diagnosis, helping global customers achieve 3-10x return on investment within months.
In December 2019, Augury received an USD 8 million investment from Qualcomm Ventures' AI Fund, recognizing its leadership in the Industrial internet of Things (IIoT). The investment aimed to accelerate the transformation of the industrial sector by leveraging 5G technologies for improved machine health solutions.

Smart Homes: Energy & Water Solutions

Span.IO, Inc., now known as SPAN, is a leading innovator in home electrification technology. The company reinvented the traditional electrical panel to create the SPAN smart electrical panel, which enables homeowners to adopt solar energy, battery backup systems, electric vehicles, and electric home appliances. SPAN Panel provides circuit-level management, real-time monitoring, and actionable energy insights through an intuitive app interface. Designed with hardware innovation and intelligent software, the SPAN Panel and SPAN Drive electric vehicle charger offer an efficient and integrated solution for any home.
SPAN's flagship product, the SPAN Panel, celebrated wins for "Best Home Technology Product" and "Best Energy Efficient Product" at the NAHB International Builders' Show 2022. Fast Company also named SPAN one of their "World's Most Innovative Companies" in 2022. As of March 2022, the company had grown to a team of over 220 employees and had panels installed in over 36 states and Puerto Rico.
In April 2023, SPAN raised USD 96 million in a Series B2 funding round, bringing its total funding to USD 231 million. The company plans to use this capital to further its leadership in home electrification by accelerating research and development capabilities, expanding partnerships with major home appliance brands and solar providers, and building a state-of-the-art R&D facility near its San Francisco headquarters. SPAN aims to electrify 10 million US homes by 2030, aided by incentives from the Inflation Reduction Act. In 2022, the company's revenue grew nearly 600%, with nearly 80% of SPAN product owners adopting clean energy and home electrification products.

Digitizing the commercial real estate value chain

Commercial PropTech

<div>
 
 Matterport, founded in 2011, is a spatial data company that specializes in creating 3D digital twins of physical spaces. The company's proprietary technology enables the capture of dimensionally accurate, photorealistic virtual tours of properties using various camera technologies, including smartphones and its flagship LiDAR-based Pro3 camera. At the core of Matterport's offering is Cortex, an AI-powered software engine that automatically generates 3D digital twins and virtual tours while providing detailed property insights.
 
 
 
 
 As of 2024, Matterport has digitized over 12 million spaces across 177 countries, representing more than 38 billion square feet of digital property. The company's technology finds applications in multiple sectors, including residential and commercial real estate, hospitality, retail, and industrial spaces. Matterport's product lineup includes 3D cameras, the Matterport Capture mobile app, and a web-based platform for managing and sharing 3D models. In 2023, Matterport reported revenue of USD 158 million, representing a 16% year-over-year growth.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 
 Matterport's technology has been adopted by various industries, with real estate being a primary focus. CoStar Group, a major player in online real estate marketplaces, features nearly 300,000 Matterport digital twins across its platforms, including Apartments.com, LoopNet, and Homes.com. In March 2024, Apartments.com recorded over 7.4 million views of Matterport 3D Tours, with users spending 20% more time on listings featuring these tours.
 
 
 
 
 Matterport has also established partnerships with companies in other sectors. In June 2024, the company announced a collaboration with FBS, a provider of Multiple Listing Service (MLS) technology, to integrate Matterport's 3D tours and property data into the Flexmls platform. This partnership aims to streamline the listing process for real estate professionals and enhance the home search experience for buyers.
 
</div>

Deriving insights from uncommon data streams

Alternative Data

<div>
 
 Spire is a global provider of space-based data, analytics, and space services, offering access to unique datasets and powerful insights about Earth from the ultimate vantage point so that organizations can make decisions with confidence, accuracy, and speed. Spire uses one of the world&rsquo;s largest multi-purpose satellite constellations to source hard to acquire, valuable data and enriches it with predictive solutions. Spire then provides this data as a subscription to organizations around the world so they can improve business operations, decrease their environmental footprint, deploy resources for growth and competitive advantage, and mitigate risk. Spire gives commercial and government organizations the competitive advantage they seek to innovate and solve some of the world&rsquo;s toughest problems with insights from space.
 
</div>

From counting steps to saving lives and beyond

Wearable Tech

RealWear is a leading provider of assisted reality wearable solutions designed to enhance the productivity and safety of frontline industrial workers. The company offers a range of hands-free, voice-controlled devices that project a virtual Android tablet below the user's line of sight, allowing workers to access information, communicate, and perform tasks without obstructing their field of view or using their hands.
RealWear's flagship product is the RealWear Navigator series, which includes rugged, modular wearables like the Navigator 500 and the recently released Navigator Z1. These devices are powered by advanced chipsets and feature built-in AI engines, enabling workers to utilize capabilities like remote video calling, document navigation, guided workflow, mobile forms, and data visualization.
The Navigator Z1, launched in January 2024, stands out as the world's most advanced intrinsically safe (IS) head-mounted wearable. It has received ATEX/IECEx IS certification, allowing it to be safely used in potentially explosive atmospheres, such as oil and gas environments, where flammable particulates are present. With its exceptional power efficiency, noise-cancellation up to 100dBA, and modular design for customization, the Navigator Z1 caters to the demanding needs of hazardous industries.
In June 2022, RealWear raised USD 23.5 million in a Series C funding round led by Foundry Group, enabling the company to transition from a hardware-centric to a platform-centric business model. RealWear introduced the RealWear Cloud platform, a SaaS-based solution that provides advanced data analytics, real-time technical support, and device management capabilities, helping organizations streamline deployments and maximize return on investment.
As of 2023, RealWear has been acquired by a public company through a business combination transaction.

Simplifying the insurance experience for businesses using technology

InsurTech: Commercial Lines

<div>
 
 High Definition Vehicle Insurance (HDVI) is a technology-first commercial auto insurance provider. The company utilizes AI-driven underwriting and telematics data to transform commercial trucking insurance. HDVI assesses risk using historical and real-time telematics data, providing tools and services that help fleets increase safety, reward safe driving, and benefit from efficient and fair claims processing.
 
 
 HDVI's proprietary &ldquo;Shift&rdquo; product, launched in March 2021, is a usage-based, dynamically priced insurance offering for commercial truck fleets. The next generation of Shift&mdash;rolled out in February 2023&mdash;enabled fleets to save up to 20% on their monthly premiums by improving their safety scores based on real-time telematics data. The Safety Lookback feature analyzes a fleet's telematics data from the past 90 days when a policy is first quoted, allowing customers to earn immediate discounts for strong safety performance.
 
 
 HDVI's fleet customers drove nearly 200 million miles safely in 2023, resulting in USD 1.1 million in insurance premium savings, with top performers saving approximately USD 2,000 per truck annually. The company's business grew over 100% YoY in 2023.&nbsp;
 
 
 
 
 Key customers and partnerships
 
 
 In March 2021, the company announced partnerships with insurers Munich Re and Spinnaker Insurance Company to increase its insurance capacity and support its expansion into new states.
 
 
 In November 2022, HDVI announced a partnership with Akur8, a provider for AI solutions for insurance pricing, through which HDVI was to leverage the latter&rsquo;s technology to strengthen its telematics offering.
 
</div>

Tools that streamline software development

DevOps Toolchain

Tabnine is an AI-powered code completion tool designed to enhance developer productivity and streamline the software development lifecycle. Founded in 2012 by Dror Weiss and Eran Yahav, Tabnine offers intelligent code suggestions, automates repetitive tasks, and provides context-aware recommendations. The platform utilizes advanced machine learning algorithms and large language models (LLMs) to generate code snippets, documentation, and tests. Tabnine supports multiple programming languages and integrates seamlessly with popular integrated development environments (IDEs).
Tabnine's AI assistant can complete lines of code, suggest full functions, and even convert natural language comments into executable code. As of February 2024, the company introduced new capabilities that allow for greater personalization of its AI coding assistant. These features include local code awareness, connection to software repositories for global code awareness, and customization of AI models. Tabnine claims to automate 30-50% of code creation for each developer, significantly boosting efficiency.
A key differentiator for Tabnine is its focus on privacy and security. The platform offers flexible deployment options, including SaaS, on-premises, and virtual private cloud solutions. Tabnine emphasizes that it does not store or share customers' code and uses only AI models trained on open-source code with permissive licenses, addressing potential legal and intellectual property concerns.
In November 2023, Tabnine secured USD 25 million in Series B funding, bringing its total funding to USD 55 million. The company reported having over a million users and 10,000 customers as of that time. Tabnine has continued to evolve its offerings, introducing features such as Tabnine Chat for natural language interactions with AI models and support for various LLMs including OpenAI's GPT-4o, Anthropic's Claude 3, and Cohere's Command R model.

A decentralized version of the web powered by the blockchain

Web3 Ecosystem

Storj Labs developed the Storj Decentralized Cloud Storage (DCS) network that works by compressing, encrypting, and splitting files into more than 80 smaller pieces to distribute and store them across a global network of individual storage nodes, which are excess hardware space rented out by individuals in return for a fee. Storj audits its network through random file verification every hour, which ensures its files are consistently being hosted by its nodes; it automatically reconstitutes the data when it is required by the user. The company claims to have more than 10,000 active nodes with over 6 petabytes of available storage capacity spread across the world, as of August 2022. It uses its native token STORJ, which is used by customers to pay for providers of decentralized storage.Key customers and partnershipsStorj partnered with <a href="https://sp-edge.com/companies/792614">Matter Lab’s </a>zkSync Era ( <a href="https://sp-edge.com/updates/18986">in May 2023 </a>) to integrate the latter's zero-knowledge roll-up technology into its cloud storage platform to optimize transaction speed, reduce gas fees, and improve the overall efficiency of the payment process. Additionally, the partnership enables EVM-compatible composability for decentralized storage payments, providing customers with increased flexibility and a wider range of customization possibilities. As part of the development, Storj also had plans to develop and maintain two open-source libraries, Crypto-Batch-Payment and Storjscan, which will focus on creating a seamless onboarding experience for its customers on the zkSync Era network.

Using real-time data to create dynamic virtual representations of the real world

Digital Twin

Matterport provides all-in-one 3D data platforms that can make digital twin copies of a physical space (room, building, or outdoor space) or object. The platform can be used to design, build, operate, and understand any space, and can be used in many industries, including real estate, travel &amp; hospitality, and manufacturing. The company follows a subscription-based business model with monthly subscription prices ranging between USD 9.99 and USD 689, depending on the number of active models (i.e. spaces) that can be explored, edited, and shared.In September 2023, the company captured and restored a 2,000 year-old Aso Shrine in Japan, which collapsed in 2016 due to an earthquake, as a digital twin. Further in <a href="https://sp-edge.com/updates/31427">July 2024</a>, it achieved Amazon Web Services (AWS)&nbsp; IoT competency status.&nbsp;In January 2022, Matterport acquired Enview, enhancing its spatial data analytics platform for optimizing operations in physical spaces. In<a href="https://sp-edge.com/updates/11509?industryIds=37"> June 2022</a>, the company expanded its offerings by acquiring VHT Studios, integrating digital marketing services into its 3D digital twin technology to enter new industries.&nbsp;Matterport was listed on NASDAQ in July 2021 through a SPAC deal and raised USD 640 million in gross proceeds at a USD 2.9 billion valuation. However, in<a href="https://sp-edge.com/updates/28715"> April 2024</a>, the company was acquired by CoStart Group in a cash and stock transaction with an equity value of USD 2.1 billion. Matterport reported total revenue of USD 157.7 million for FY2023; however, the company incurred a non-GAAP net loss of USD 65.8 million for FY2023.Key customers and partnershipsAccording to the company, thousands of businesses across more than 150 countries have used Matterport, including large enterprises as well as startups. Its clients include Coldwell Banker, Sotheby’s International Realty, and Redfin.Matterport pursued strategic partnerships to drive its pipeline, expand its industry ecosystems, and explore new distribution channels to widen its global reach. The company entered into several key partnerships, including: 1)&nbsp;<a href="https://sp-edge.com/updates/30898">FBS</a> to streamline the property listing process with digital twin technology (June 2024); 2)&nbsp;<a href="https://sp-edge.com/updates/26226">Arcadus</a>, to offer a digital twin platform for the public sector (February 2024); 3) V<a href="https://sp-edge.com/updates/26449">isiting Media</a>, to enhance sales enablement for the hospitality sector (February 2024); 4)&nbsp;<a href="https://sp-edge.com/updates/23936">Belden</a>, to provide advanced connectivity solutions for facilities management (November 2023); 5)&nbsp;<a href="https://sp-edge.com/updates/21999">Procore Technologies</a>, to expand its platform’s ecosystem for design and construction management software services (September 2023); 6)&nbsp;<a href="https://sp-edge.com/updates/19980">Equinox Technologies</a>, to offer its digital twin platform in the Middle East, Africa, and Asia-Pacific regions (July 2023); 7)&nbsp;<a href="https://sp-edge.com/updates/19248">CompuSoluciones</a>, to expand its presence in Mexico and Colombia (June 2023); 8) AWS’s IoT,&nbsp;<a href="https://sp-edge.com/updates/17764">TwinMaker</a>, allowing Amazon’s customers to link real-time IoT data and create digital twins using Matterport's solution (April 2023); and 9)&nbsp;<a href="https://matterport.com/news/matterport-expands-platform-integrations-autodesk-construction-cloud-transform-complex-and">Autodesk</a>, to expand platform integrations with Autodesk Construction Cloud and subsequently became an Autodesk Premium Partner, (March and October 2023).

Technology providers that enhance satellite operations

Next-gen Satellites

<div>
 
 Spire Global, based in California, specializes in providing data and analytics through a constellation of nanosatellites. Spire operates one of the largest multi-purpose satellite constellations to gather real-time data from Earth's atmosphere and surface, which it enhances with predictive analytics.&nbsp;
 
 
 Among Spire&rsquo;s key product offerings are (1) Maritime, weather, and aviation data, its related intelligence platforms, and Radio Frequency (RF) Geospatial Intelligence services, (2) Space services, which include the design and manufacturing of custom satellite constellations, (3) satellite launch services, and (4) Spire's Constellation Management Platform (CMP).&nbsp;
 
 
 Spire Global offers data services and tailored packages for maritime, weather, and aviation data, all accessible via APIs. One such solution is Spire Maritime which offers AIS (Automatic Identification System) data solutions for global vessel tracking, providing real-time and historical data. Spire Global's aviation data services offer real-time and historical flight tracking data, including real-time flight positions, aircraft and airline data, flight status, and emissions tracking and more. Furthermore, Spire's DeepVision&trade; is a weather visualization platform that offers real-time visibility, advanced weather forecasts, and personalized alerts for various weather conditions. Spire Global also offers tailored services to national and federal governments. For instance, Spire Global's Government and Defense services and its federal services provide mission-critical satellite data and space services tailored for government use.
 
 
 
 For satellite development services, Spire Space Services offers satellite manufacturing services, including design, production, testing, and integration, all conducted in-house at its Glasgow, UK facility.
 
 
 Spire's satellite launch and deployment service offers solutions for getting satellites into orbit. It provides flexible scheduling and precise orbital placements and manages all aspects of the launch process from planning to integration and deployment. Spire collaborates with various launch providers and also offers mission management, export and logistics, and post-launch satellite operations.
 
 
 Spire's satellite management product is the Spire Constellation Management Platform (CMP), which streamlines satellite operations, providing automated control, payload management, and communication with space assets. CMP features include smart scheduling, file system management, SLA monitoring, configuration management, and health monitoring. The platform enables the management of over 100 satellites from a single interface, reducing operational costs and complexity. It offers real-time data and telemetry management, supporting various applications like Earth observation, connectivity, and signals intelligence.
 
 
 Spire Global has also made strategic acquisitions to enhance its capabilities, including the acquisition of ExactEarth, a provider of satellite-based maritime data services, in November 2021.
 
 
 In August 2021, the company went public on the NYSE through a merger with NavSight Holdings, a special purpose acquisition company (SPAC), raising approximately USD 265 million. The funds were earmarked for expanding Spire&rsquo;s satellite constellation, enhancing its data analytics capabilities, and exploring new market opportunities. In addition to this capital, Spire has received funding from notable investors, including Bessemer Venture Partners and RRE Ventures.&nbsp;
 
 
 Key customers and partnerships
 
 
 Notable clients include NASA, European Space Agency (ESA), the Canadian Space Agency (CSA), National Reconnaissance Office (NRO), European Maritime Safety Agency, National Oceanographic and Oceanic Administration (NOAA), Lacuna Space, Hancom Group, and GHGSat.
 
 
 Key partnerships include a tie-up with NVIDIA, whereby Spire would incorporate its Radio Occultation (RO) data and proprietary data assimilation (DA) capabilities with Nvidia Earth-2 Cloud APIs. This integration would enable Spire to use AI to enhance the speed and accuracy of climate and weather predictions (March 2024). Spire Global also collaborates with 
 <a href="https://sp-edge.com/companies/26250">
 SpaceX 
 </a>
 to launch its satellites into orbit (March 2024).
 
 
 In June 2024, Spire signed an Memorandum of Cooperation with Thales and European Satellite Services Provider (ESSP) to launch a range of global satellite-based surveillance services to the air traffic management (ATM) industry and aviation market. Other noteworthy partners include Hancom Group, SpaceChain, and OroraTech.
 
 
 
</div>

Next-gen packaging solutions for enhanced product tracking, inspection solutions and freshness monitoring

Smart Packaging Tech

Based in Israel, Wiliot is a company specializing in ambient IoT solutions for package traceability and analytics. Utilizing innovative IoT Pixel technology, Wiliot enables real-time monitoring and data collection from products, offering insights into their location, condition, and authenticity. Its IoT Pixels, which are small tags powered by harvested radio frequency energy or thin-printed batteries, securely transmit encrypted data to existing Bluetooth devices. This data is then analyzed on Wiliot's cloud-based platform, which employs machine-learning algorithms to provide valuable insights throughout the product lifecycle, from manufacturing to recycling. Wiliot's solutions have vast applications across various industries, including CPG and grocery, apparel and soft goods, post and parcel, and quick-service food restaurants.In <a href="https://sp-edge.com/updates/32717">August 2024</a>, Wiliot launched WiliBot, a GenAI chatbot that interacts with IoT-connected products. It’s part of Wiliot’s ambient data platform, which uses small, self-powered IoT pixels to track items in the supply chain. Key customers and partnershipsIn February 2022, the company partnered with Identiv, a global provider of IoT digital security and identification solutions, to deliver Bluetooth IoT pixels for the mass IoT market and create an ecosystem of digital products in healthcare and smart packaging. In May 2022, the company partnered with Avery Dennison, a provider of innovative packaging material solutions, to design and manufacture second-generation Wiliot tags. In addition, the companies have integrated Wiliot's sensing services with Avery's connected product cloud, enabling the tag's sensing information to be added to a connected product's item-level data.Funding and financialsIn July 2021, the company raised USD 200 million in a Series C funding round led by SoftBank Vision Fund 2 to support further platform development.

The toolkit to build machine learning applications at scale

Machine Learning Infrastructure

Scale AI provides a platform called Data Engine that collects, curates, and annotates data to train and evaluate AI/ML models, either by automatically leveraging AI or through human annotators. The company also offers solutions to augment real data or generate fully synthetic data based on rare or dangerous real-world scenarios. Scale AI offers the ability to deploy annotated data via APIs or direct download. It also offers features to fix model failures and data quality issues by computing performance metrics on ingested model predictions.Scale AI also provides a full-stack platform to customize, build, test, and deploy enterprise-ready GenAI applications, including foundational models from OpenAI, Anthropic, and Google. The platform also offers features to fine-tune models with enterprise data and its Data Engine.In addition, the company offers an AI safety lab called <a href="https://sp-edge.com/updates/23675">SEAL</a> (Safety, Evaluations, and Analysis Lab). SEAL focuses on developing automated rating systems based on LLMs, conducts research on potential AI harms, and utilizes red team methods to ensure the safety and reliability of AI software. Additionally, the lab helps enterprises and governments comply with AI standards and regulations.The company offers its data annotation services either as a fully-managed or a self-managed service, with pricing based on the type and volume of data (usage-based model).Key customers and partnershipsThe company’s notable customers include the US Department of Defense, US Air Force, Microsoft, Meta, Toyota, PayPal, Etsy, General Motors, and Pinterest.In <a href="https://sp-edge.com/updates/21279">August 2023</a>, Scale AI formed a partnership with <a href="https://sp-edge.com/companies/362567">OpenAI</a> to provide fine-tuning tools for the latter’s GPT-3.5 large language model, allowing its customers to develop tailored ML models for their unique business requirements. Moreover, the fine-tuned models will be reviewed by Scale’s human experts to ensure that it meets performance expectations and other safety and regulatory requirements.Funding and financialsIn May 2024, the company raised USD 1 billion in a <a href="https://sp-edge.com/updates/29644">Series F</a> funding round at a valuation of USD 13.8 billion. The fundraising was a mix of primary and secondary funding, led by Accel and featuring participation from prominent investors such as Amazon, Meta, Cisco, Intel, AMD, NVIDIA, Y Combinator, and Tiger Global Management, among others. It had planned to use the fresh capital to progress on its journey of becoming the primary data foundry for AI and to foster the production of frontier data.

Exploring the limitless possibilities of AI

Generative AI Applications

WellSaid Labs is a generative AI text-to-speech platform. The platform offers a voiceover creation studio, and an API for integration with products and services, such as enterprise training and customer service platforms. Customers can choose from a range of AI voices based on style, gender, and the type of content the voice-over will be used for. WellSaid’s pre-generated voices are licensed from real people, but the platform also offers customers the ability to create their own voice avatars. In February 2024, the company launched <a href="https://sp-edge.com/updates/26614">HINTS </a>(Highly Intuitive Naturally Tailored Speech) technology which allows users to shape the performance of AI voices.Some of WellSaid’s use cases include:1) Corporate training: Allows the creation of voiceovers for learning and development content without being subject to voice actor availability, with instant edits. The platform also allows customers to define pronunciation for industry-specific terms and jargon.2) Products and experiences: Integration of text-to-speech or voice avatars into a customer’s products via WellSaid’s API3) Advertising: Quickly and easily generates voiceovers for advertising, using custom or pre-generated voices4) Video production: Integrates into video production workflows, with real-time collaboration and custom voicesWellSaid offers a free tier and several premium tiers, along with an enterprise package offering high-grade data security, minimal downtime, and collaborative tools.Key customers and partnershipsAs of May 2023, WellSaid Lab’s customers included Boeing, Snowflake Five9, Intel, Peloton, Decibel, Powtoon, Squarespace, and Adswiss.In May 2023, WellSaid Labs partnered with Videate, an AI video generation platform, to bring AI voices together with an advanced video automation platform, allowing Videate users to create automatically generated software how-to videos with natural-sounding AI voices from WellSaid Labs.

Threat Prevention Toolchain

<div>
 
 SentinelOne is an AI-powered cybersecurity company that provides advanced threat protection for endpoints, cloud workloads, and IoT devices through its Singularity Platform. Founded in 2013 and headquartered in Mountain View, California, SentinelOne utilizes artificial intelligence and machine learning to detect, prevent, and respond to cyber threats in real-time. The company's flagship offering, the Singularity Platform, combines endpoint protection, endpoint detection and response (EDR), IoT security, and cloud workload protection into a unified solution. SentinelOne's technology uses behavioral AI to analyze and respond to threats autonomously, without relying on signature-based detection methods. This allows it to identify and block both known and unknown threats, including malware, ransomware, and zero-day exploits. As of September 2024, SentinelOne reported revenue of USD 199 million for the second quarter of fiscal year 2024, representing a 33% year-over-year increase. The company has gained recognition in the cybersecurity industry, being named a Leader in Gartner's Magic Quadrant for Endpoint Protection Platforms for four consecutive years as of 2024.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 
 SentinelOne's customer base spans various industries and includes notable organizations such as Hitachi, Lyft, Electronic Arts, Aston Martin, Samsung, and Canva. In September 2024, SentinelOne announced a multi-year collaboration with Lenovo, a leading global PC manufacturer, to integrate SentinelOne's AI-powered security solutions into millions of Lenovo devices worldwide. This partnership aims to enhance endpoint protection and fortify enterprise resilience against evolving cyber threats. SentinelOne has also achieved FedRAMP High Authorization for its Singularity Platform and Singularity Data Lake, enabling it to provide services to US Federal, Public Sector, Defense Industrial Base, and Critical Infrastructure entities. The company's solutions are designed to meet stringent security and compliance mandates, including Executive Order 14028 and Office of Management and Budget M-21-31.
 
</div>

Building future-ready applications in the cloud

Cloud-native Tech

ScyllaDB is a database company that specializes in high-performance NoSQL database management systems.ScyllaDB is a NoSQL database technology known for its architectural advantages, offering high-throughput and low-latency performance, capable of handling millions of operations per second with single-digit millisecond latency. It operates across various cloud platforms, hybrid cloud setups, or on-premises deployments, while also providing automatic I/O and CPU performance optimization and workload prioritization to co-locate tasks within a single server cluster. ScyllaDB's design is tailored for agile and rapidly growing teams, empowering them to deliver fast user experiences at an extreme scale. Its technology finds applications in ad serving, AI, recommendation engines, fraud detection, and IoT data analysis.ScyllaDB offers a variety of licensing options, including an open-source community edition and enterprise-grade licenses.In 2017, ScyllaDB acquired Seastar, a database-as-a-service company to support the rising demand for ScyllaDB's Cassandra-compatible database on cloud platforms.Key customers and partnershipsScyllaDB’s customers operate in various industries and sectors such as AdTech, transportation, e-commerce and retail, media, security, travel and leisure, and social media. Some notable customers are Discord, Strava, Comcast, Rakuten, Zillow, Expedia, and Ola.ScyllaDB supports cloud storage integrations with AWS, Azure, Oracle Cloud, and Google Cloud.

Redefining hospital care with the comfort of home

Hospital-at-Home

Medisafe is a digital health platform focused on medication management and adherence. Founded in 2012, the company offers a smartphone app that helps patients track and manage their medication schedules. The Medisafe app provides features such as medication reminders, drug interaction warnings, and health measurement tracking. It allows users to set up multiple profiles to manage medications for family members as well.
Medisafe utilizes artificial intelligence and behavioral science principles to deliver personalized interventions aimed at improving medication adherence. The platform offers Just-In-Time-Interventions technology to provide targeted support when patients are most likely to skip doses. In addition to the consumer app, Medisafe provides digital solutions for pharmaceutical companies and healthcare providers to support patient engagement throughout the treatment journey.
The company's technology has been validated through clinical studies. A randomized control trial published in February 2024 found that Medisafe's app significantly increased medication adherence and self-efficacy among medically underserved populations with chronic illnesses. As of September 2022, Medisafe reported over 10 million app installs worldwide and over 7 billion doses managed through its platform. The app is available in over 15 languages and has received high ratings on both iOS and Android app stores.

Empowering Tomorrow's Innovations with Generative AI Infrastructure

Generative AI Infrastructure

Scale AI is a company focused on developing platforms for training and validating data for AI applications, and claims to be the only full-stack GenAI platform for enterprises. Its product range includes Scale GenAI Platform, Scale Data Engine, and Scale Donovan.The Scale Generative AI Platform helps organizations create their GenAI models using their own data, while Scale Data Engine features tools for data collection, curation, labeling, and model evaluation and optimization, leveraging reinforced learning with human feedback (RLHF) to facilitate AI model construction.Finally, Scale Donovan is a specialized Federal AI platform that utilizes RLHF to provide rapid decision support for military operators, analysts, and decision-makers, helping them understand, plan, and act quickly in response to large volumes of diverse data,In <a href="https://sp-edge.com/updates/23675">November 2023 </a>, Scale AI introduced its AI Safety, Evaluations, and Analysis Lab (SEAL), which is dedicated to creating automated rating systems using LLMs, conducting studies on potential AI-related risks, and employing red-team techniques to ensure the safety and dependability of AI software.Scale AI stands out for its ability to manage the entire machine-learning lifecycle, providing an end-to-end solution for better AI data management, leading to more performant models and faster deployment​​​​.Key customers and partnershipsThe company’s services are utilized across various sectors, such as retail and ecommerce, defense, logistics, autonomous vehicles, and robotics. Prominent Scale AI customers include the US Department of Defense, US Air Force, Meta, Microsoft, Open AI, Cohere, Anthropic, General Motors, Toyota Research Institute, Brex, Instacart, and Flexport.Notably, Scale AI partnered with OpenAI in <a href="https://sp-edge.com/updates/21280">August 2023 </a>to offer fine-tuning capabilities for OpenAI's GPT-3.5, enabling Scale's customers to utilize their proprietary data through the Scale Data Engine platform to customize GPT-3.5 for their specific business needs. In <a href="https://sp-edge.com/updates/23978">November 2023 </a>, Scale AI partnered with Microsoft to provide its Platform on Microsoft Azure.Funding and financialsIn <a href="https://sp-edge.com/updates/29658">May 2024</a>, Scale AI raised USD 1 billion in a Series F funding round&nbsp; led by Accel and featured participation from other key investors. The funds were utilized to support Scale's development into a leading data foundry for AI and to accelerate the creation of innovative data products.In April 2021, Scale AI raised USD 325 million in a Series E funding round. The funds were to be utilized to expand its team and product offerings.

DataPelago provides big data analytics solutions. They also provide a data analytics platform that offers hardware and software based products. The platform also provides solutions for extracting insights from data of, speed, or structure at performance and cost levels unsurpassed in the industry.

Butlr is an  AI people-sensing platform using body heat to detect occupancy, headcount, body posture, and activity, and generate accurate, real-time, and historical spatial insights for healthcare and sustainable buildings. Their sensor technology detects human presence anonymously using low-resolution thermal data and advanced AI and machine learning.

Frore Systems is a developer of thermal technology for consumer devices. The company’s active cooling chips, AirJet® Mini and AirJet® Pro, are integrated into devices to remove heat silently, resulting in major performance gains. Frore Systems is headquartered in San Jose, California with offices in Taiwan and South Korea.

Obsidian Sensors develops a glass microelectromechanical system designed to manufacture automotive sensors. The MEMS uses infrared imaging for applications like security cameras and autonomous vehicles, enabling clients to get incumbent silicon MEMS-based sensors easily. it was founded in La Jolla, California in 2017.

Scale AI develops a data-oriented platform that provides training and validation data for artificial intelligence applications. The company's LiDAR, video, and image annotation APIs allow self-driving, drone, and robotics teams at companies like Lyft, OpenAI, Zoox, Pinterest, and Airbnb to focus on building differentiated models vs. labeling data.

WEKA is the AI-native data platform company that is setting the standard for AI infrastructure with the industry’s only cloud and hardware-agnostic software solution for performance-intensive applications. The WEKA® Data Platform delivers unprecedented performance at scale, transforming stagnant data silos into dynamic data pipelines that help enterprise AI, ML, and GPU workloads run faster and more efficiently and providing seamless data access on-premises, in the cloud, at the edge, and in hybrid and multicloud environments. WEKA helps hundreds of the world’s leading enterprises and preeminent research organizations overcome complex data challenges to reach discoveries, insights, and outcomes faster – including 11 of the Fortune 50.

SolarPulse is pioneering the transformation of the solar energy sector with its state-of-the-art AI-powered platform, focused on predictive maintenance and optimization of solar PV plants. Established in 2023, SolarPulse brings together cutting-edge analytics and IoT technologies to deliver real-time insights that significantly boost the efficiency and reliability of solar energy systems. The company’s flagship products, HelioCloud and HelioHealth, offer real-time analytics software and IoT sensors that provide panel-level diagnostics. These innovations empower solar operators to identify and address potential issues before they become costly, thereby minimizing downtime and enhancing overall system performance. SolarPulse's solutions are built on a deep understanding of both solar technology and AI, enabling it to offer precise diagnostics and actionable recommendations that drive significant performance improvements. By integrating its technology with existing SCADA and CMS platforms, SolarPulse helps solar companies transition from reactive to proactive maintenance strategies, ensuring that their assets are optimized for long-term operation. The platform also includes climate risk assessment tools that forecast long-term solar irradiance and wind speed, further helping investors and developers make informed decisions.

Shadowfax is an on-demand logistics network that provides tech-enabled one-stop delivery solutions. Shadowfax’s unique app enables delivery of food, pharmacy,y, and e-commerce for businesses and helps them create customer delight using technology. With a focus on engineering pleasant experiences for the customers, Shadowfax envisions becoming a desirable and trustworthy delivery platform for customers. Shadowfax is a crowdsourced delivery platform with a presence in 75+ cities across India and 7000+ daily active delivery personnel. Shadowfax was founded in 2015 and is headquartered in Bangalore, India.

Uhnder is a start-up developing products for sensing, cognition, and communication for the Internet of Things (IoT) market. It is headquartered in California with engineering and operations based in Austin and St. Louis. Uhnder develops a digital automotive radar-on-chip designed to automate systems for safety and better feedback response. Uhnder disrupts the autonomous vehicle business with what it says is a more accurate and reliable alternative to light detection and ranging, known as lidar, which is one of the most common technologies used to make vehicles more aware of their surroundings. Uhnder's chip helps to avoid collisions, alerts to potential problems, helps with quick localization, as electronic fences for navigation and localization and for communication.

Gabriel combines nanocomputers and high definition cameras to offer video surveillance services with military-grade encryption, enterprise quality and personal customer service yet honestly priced for residential buildings and medium-sized companies. No installation costs, no hardware purchasing, no maintenance nuisance, no lock-in. 24/7 monitoring of your building, your street and your neighborhood. Perpetual video cloud storage. An app that just works. Tech from Rio, solving public and private security, serving Brazil and beyond.

Tabnine is an AI coding assistant that helps development teams of every size use AI to accelerate and simplify the software development process without sacrificing privacy & security

ScyllaDB is the monstrously fast and scalable database for today's terabyte-scale and beyond data intensive applications. ScyllaDB is available as open source and enterprise offerings that can be run anywhere, and ScyllaDB Cloud, a fully-managed Database as a Service (DBaaS) available on AWS and Google Cloud. ScyllaDB supports wide-column NoSQL workloads fully compatible with Apache Cassandra and Amazon DynamoDB. ScyllaDB was founded under the name Cloudius Systems. As Cloudius Systems, the company pioneered the unikernel trend with the development of OSv, designed from the ground up to execute a single application on top of a hypervisor for superior performance and effortless management.

Spectro Cloud's Palette is an integrated platform that enables organizations to easily manage the full lifecycle of any combination of new or existing, simple or complex, small or large Kubernetes environments whether in a datacenter or the cloud. With a unique approach to managing multiple clusters, Spectro Cloud gives IT teams complete control, visibility and production-scale efficiencies to provide developers highly-curated Kubernetes stacks and tools based on their specific needs, with granular governance and enterprise-grade security.

floLIVE provides global, secure, cloud-native connectivity solutions to enterprises, mobile operators and cloud providers. Its platform comprises local core networks that provide local connectivity while being centrally managed and controlled over the cloud. This unique approach enables enterprises to benefit from high performance, secure and regulatory-compliant local connectivity with the flexibility and elasticity of a cloud-native platform. floLIVE offers a complete, cloud-based IoT eco-system that includes a core network with integrated device management, Inventory, and Billing services – all provided as-a-service and support a pay-as-you-grow business model.

Commsignia specializes in the research and development, manufacturing and distribution of cooperative intelligent transportation systems. Its product line includes a V2X Communication Software Stack and Commsignia’s own security stack implementation, Hybrid V2X/ADAS Safety Applications, a V2X Simulator, On-Board Units (OBU) and Roadside Units (RSU). The company was founded in 2012 and is headquartered in Santa Clara, California.

Founded in 2014, deep-tech scale-up Verity, created the first commercially successful inventory tracking solution powered by fully autonomous indoor drones. Based in Zurich, Switzerland, with global operations, Verity’s system is used in warehouses to gather valuable insights that enable greater operational efficiencies. The system cuts labor and equipment costs, eliminates errors and disruptions, improves customer service, and reduces waste and CO2 emissions. Flagship clients include Maersk, Ink, DSV, and Samsung SDS. In the live events industries, Verity’s systems create magical moments for audiences around the globe, providing stunning light shows for clients including Cirque du Soleil and Madison Square Garden, and for global tours of major artists including Justin Bieber, Metallica, Drake, and Céline Dion.

Cavli Wireless is an IoT building block provider, bringing together connectivity, application processing capability, and data management into one single platform. The company designs and manufactures eSIM-integrated cellular IoT connectivity and compute modules preloaded with global connectivity.

Developing an Ethernet system sophisticated enough to process the bandwidth demands of the future requires expert integration at multiple levels. By unifying the vehicle network, the Ethernovia system has the power to dramatically alter how cars are designed and built.

DeepHow develops an AI-powered learning platform for manufacturing, service, and repair. Wei-Liang Kao, Patrik Matos da Silva, and Samuel Zheng founded it in 2018, with its headquarters in New York City.

Aravita is poised to revolutionize retail operations using artificial intelligence to place fresh food orders, avoiding spoilage due to overstocking or lost sales due to under stocking. Grocers keep shelves always stocked with perfect-looking, fresh produce. We make it simple and easy for clients, requiring only a simple data feed from point-of-sales data. Our services leverage sophisticated AI and supply chain optimization models so grocers can focus on sales and store operations while we manage the complexity and risks of fresh food inventory management.

Humane is a platform that creates and sells consumer hardware, software, and services that feel familiar, natural, and humane. The company is dedicated to creating cutting-edge technology that is both human and natural-feeling.

Absurd:Joy is a remote collaboration application for flexible working. It aids the gap between existing remote collaboration tools with a human-friendly and expressive environment.

Span.IO develops products to enable the rapid adoption of renewable energy and deliver an intuitive interface for the home. They are a group of engineers with a passion for building products that can deliver a positive impact on the environment while enhancing the consumer experience. They believe that developing intelligent hardware and software that provides visibility and control at the edge-of-grid will be transformational to the energy sector. The company is backed by domain experts in energy, software, hardware, and consumer finance. They leverage their teams' collective experience in power generation, energy conversion, controls, and system integration to develop core products focused on enabling the rapid adoption of renewable energy. SpanIO is based in San Francisco in 2018.

Third Wave Automation provides cloud robotics and machine learning technology to material handling automation.

R-Zero is a biosafety technology company dedicated to making indoor spaces they share safer, healthier, and more productive. R-Zero’s intelligent biosafety technology platform provides visibility, automation, and risk reduction within the indoor spaces.

Blues Wireless aims to put people and businesses better in touch with their world by unlocking the vast potential of cellular IoT. The Notecard makes cellular IoT developer-friendly.

Ultraviolette Automotive is a technology startup working on electric two-wheelers and energy infrastructure. The startup develops products and systems that reflect a progressive ideology, as well as builds an electric vehicle ecosystem for this urban environment. They synthesize design and technology to create new dimensions in advanced engineering and seamless user experiences. Ultraviolette Automotive new product F77, an urban sports/commuter bike that allows both seasoned riders, as well as, enthusiasts to do more with just one motorcycle. It goes beyond daily commuting to actually deliver high levels of performance and unparalleled user experience across the usage and ownership experience cycles. The startup was founded in 2016 and is headquartered in Bangalore, Karnataka, India.

Cloudbrink offers a secure, high-performance cloud networking service that increases remote work productivity by delivering up to 30X faster network performance. Using AI and ML, it provides edge-native Zero-Trust Access with accelerated performance for cloud, SaaS, and data center applications. Its software-only solution includes high-performance ZTNA, personal SD-WAN, and AMTD security, offering an in-office experience while reducing operational complexity.

7Invensun （Beijing 7Invensun Technology Co.,Ltd.）, founded in 2009, committed to be the leader and foregoer of eye-tracking technology in China, focus on the research and development of eye-tracking, eye-motion control, head-tracking, gaze point tracking and facial identification in the field of machine vision.   The research center is located in Zhongguancun--the Silicon Valley in China, with their independent intellectual property and professional R&D team, they have planned to develop a series of product like sSee(eye-tracking device), aGlass(wearable glasses), aMouse(head-tracking mouse), AlmightyEye, etc; they also provide eye-tracking technology solutions for PC, tablet, cellphone and smart glasses. Now they are one of Qualcomm’s important parter.

Nebula Link offers simple vehicle-to-road collaboration. The company's interconnect focuses in vehicle-road-cloud full-series V2X products, mass-production-level V2X protocol stack, V2X professional R&D and testing toolchain, and full-scenario vehicle-road collaboration solutions.

AliveCor has a device and application that will turn any smartphone into a clinical-quality electrocardiogram (ECG) recorder. AliveCor is pioneering the creation of FDA-cleared 'machine learning' techniques to enable proactive heart care and is recognized around the world for transforming cardiac care. It specializes in the fields of healthcare, mobile device, and medicine. It was founded in 2010 and headquartered in Mountain View, California.

Shopic provides a Frictionless Shopping experience for medium and large grocery stores.

Arable is a developer of an integrated system for agriculture that helps digitize and optimize decisions from seed breeding to food production. The platform measures everything that matters to the crop, from the weather to the soil, to the plant itself by the use of a unique set of spectral and thermal sensors. This enables Arable to observe a crop’s development through the season and determine the onset of stress due to a lack of water or nutrients. Its integrated hardware, agronomic modeling, and software suite is enabling farmers, agronomists, researchers, processors, and food companies to understand the crop system at the plant, field, and region level, which helps to reduce risk, improve productivity, and optimize for sustainability. Arable received recognition, including the Irrigation Association’s Best New Product of 2018, Plug & Play’s Top 10 Ag Tech Companies to Watch in 2019, and THRIVE’s Top 50 Companies for 2020 awards.

Quantum Machines is a start-up developing control and operation systems for quantum computers. The company also develops innovative software, hardware, and electronics, combining a range of classical engineering in the field of electrical, hardware, and software engineering, with the science and technology of quantum computing. It utilizes a range of skills such as algorithmics, digital signal processing, RF microwave engineering, machine learning, and quantum physics to push their limits. Quantum Machines was founded in 2018 and is headquartered in Tel Aviv, Israel.

echo3D (www.echo3D.com) is a 3D asset management platform for companies and developers to store, secure, and share 3D content in real-time across their organization and beyond. We offer a 3D-first content management system (CMS), a 3D content delivery network (CDN), 3D compression and conversion tools, and a scalable BaaS infrastructure that enables companies and developers to collaborate, manage, process, and stream 3D content across their organizations.

RealWear® is the world’s leading provider of assisted reality wearable solutions that engage, empower, and elevate the modern frontline industrial worker to perform work tasks more safely, and with increased efficiency and precision. RealWear gives these workers real-time access to information and expertise, while keeping their hands and field of view free for work. Headquartered in Vancouver, WA, RealWear has shipped devices to thousands of enterprise customers worldwide in energy, manufacturing and automotive, among others.  The company is field proven with world-class customers, including Shell, Goodyear, Mars, Colgate-Palmolive, and BMW, who use it to improve workplace safety and productivity. For more information, visit www.realwear.com

Airspace was created in 2016 to solve the problems that plagued time-critical deliveries. After more than a decade in logistics, Nick Bulcao teamed up with Ryan Rusnak to build the industry’s most technologically advanced platform in order to expedite deliveries, improve accuracy, and provide full transparency for critical shipments. Headquartered in Carlsbad, California, Airspace has grown to over 200 members and counting. Their reach now extends overseas, where the Airspace B.V. office in  Amsterdam supports their rapid international expansion. They serve a growing list of industries that rely on time-critical shipping, including healthcare, aerospace, and manufacturing. Airspace’s technology is revolutionizing the industry by automating a wildly outdated manual process. Proprietary algorithms and machine learning techniques provide instant quotes, optimized routing, and rapid driver dispatch. They are the only logistics company that pairs the most advanced technology with real-time communication on every shipment.

ideaForge develops and produces Unmanned Aerial Systems that offer unmatched usability due to its user-centric innovations and design. With a focus on sustainable use in operation, it ensures the highest quality and performance of its products. It is in constant pursuit of creating products that inspire a new vision. Founded in 2007 by IIT Mumbai alumni Ankit Mehta, Rahul Singh, Vipul Joshi, and Ashish Bhat, IdeaForge is headquartered in Mumbai, India.

Gantu AI is a computer vision technology and product developer whose main business is the application of computer vision technology to sophisticated visual inspection scenarios. At present, Vision Technology focuses on SMT semiconductor and precision machinery manufacturing, providing AI surface inspection integrated machine and AI inspection vision system for head mobile phone parts suppliers and automotive key safety casting manufacturers, while providing complete end customers. Product solutions.

Tive is a Boston-based startup that helps companies take the surprises out of their supply chains through true end-to-end visibility. It is the easiest way for companies to manage their supply chain – and get results. Unlock unparalleled insight and enhanced visibility. They help companies improve efficiency and meet regulatory requirements by providing an end-to-end sensor solution to visualize, optimize, and monitor operations in real-time.

SINOITS is an artificial intelligence technology company. Their research and development technologies such as vehicle face recognition, pedestrian recognition, traffic scene recognition, traffic video analysis, and data technology. The company focuses on the research and development of cutting-edge technologies like big data technology, traffic scene recognition, pedestrian recognition, vehicle face recognition, traffic video analysis, and traffic video analysis. It also uses 5G to carry out industrial implementation in important areas of ''new infrastructure like urban brain, vehicle-road coordination, and smart highways

OmniML is an industry-defining enterprise artificial intelligence (AI) company that aims to effortlessly empower edge AI everywhere. The company enables and amplifies powerful machine learning capabilities to edge devices by bringing greater speed, accuracy, and efficiency in AI through deep learning models that bridge the gap between those devices and AI applications. OmniML demonstrated significant gains in model performance and cost reduction in its initial collaborations with large enterprise customers in multiple vertical markets, with ML tasks running 10 times faster on different edge devices.

Celona accelerates the adoption of LTE and 5G wireless in the enterprise by taking advantage of the Citizens Broadband Radio Service (CBRS) spectrum in the United States. Its solution architecture is designed to automate the deployment of cellular wireless by enterprise IT organizations and managed service providers, and drastically simplify its integration with an enterprise IT network. Celona was born with the idea that a combination of 5G radio technology, edge computing, and machine learning software will fundamentally change how organizations work and do business. Its founding team members have been part of companies like Qualcomm, Aruba, Cisco and have built products spanning technologies from chipsets to systems to cloud-based software.

Deep Vision is a supplier of high-precision intelligent visual inspection solutions in the industrial field. Deep Vision has independent research and development capabilities of intelligent AI cameras & 3D cameras, optical design capabilities, research and development capabilities of multiple algorithm libraries, research and development capabilities of FPGA platform image acquisition and processing systems, and design and manufacturing capabilities of automation equipment.

FreedomFi build cost efficient PrivateLTE networks using commodity hardware, open source software and CBRS shared spectrum.

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Technology Research Made Effortless