Tag Archives: Blog

News: Video Window Remote aims to help remote workers feel connected to the office

As many companies shift to a hybrid approach to work where some folks are working in the office and some at home, it’s easy for the home-based workers to feel a disconnect, even with video conferencing tools like Zoom. Video Window is designed to give users a feeling of being connected to other offices as

As many companies shift to a hybrid approach to work where some folks are working in the office and some at home, it’s easy for the home-based workers to feel a disconnect, even with video conferencing tools like Zoom. Video Window is designed to give users a feeling of being connected to other offices as though you were looking through a virtual window. Today, the company introduced a companion app for iOS and Android called Video Window Remote aimed squarely at those remote employees.

As the name implies, the latest addition to the Video Window family is designed to involve not just intra-office remote communication, but also include those employees who are working offsite, whether at home or in another location, and make them feel like they are in the office.

While video conferencing allows you to meet virtually to discuss the business of your work, it doesn’t give that connection that you feel of being in the office and chatting with your colleagues. That can sometimes lead to feelings of isolation or that your ideas are not being heard.

With Video Window Remote, users download the app to their phone or tablet and use that as a visual connection to the office, getting both video and audio as desired. This gives the water cooler experience that many remote workers feel they are missing by not being in the office.

Company CEO Daryl Hutchings says he came up with many of the features in Video Window Remote based on his own experience working at home during the pandemic. “Using Video Window is exactly like looking through a window to see your colleagues. It enables you to really be present with the people you work with while successfully completing your projects and accomplishing your goals, making work better, more enjoyable, fun and leveling the playing field for all. Ultimately creating a happy hybrid workplace,” Hutchings said in a statement.

In case you are concerned about security or privacy with a tool like this, Hutchings says that he built in several safeguards including preventing guest access, audio and video off by default (you control when you want to be seen and heard), the ability for everyone to see who is present regardless of their video/audio status, and scheduled sleep mode, so the service only turns on during scheduled hours.

The tool is available for free starting today from the iOS and Android app stores.

News: Digital therapy program for fibromyalgia receives FDA breakthrough device designation

Swing Therapeutics, a digital therapeutics startup, has received an FDA breakthrough device designation for their 12 week smartphone-assisted fibromyalgia management program. This is the company’s first breakthrough designation, and precedes a deluge of clinical trials scheduled for this year.  Swing Therapeutics was founded in 2019 and has raised a total of $9 million in seed

Swing Therapeutics, a digital therapeutics startup, has received an FDA breakthrough device designation for their 12 week smartphone-assisted fibromyalgia management program. This is the company’s first breakthrough designation, and precedes a deluge of clinical trials scheduled for this year. 

Swing Therapeutics was founded in 2019 and has raised a total of $9 million in seed funding led by JAZZ Venture partners. The company is focused on managing chronic pain, and specifically fibromyalgia.

This FDA breakthrough designation was awarded to the company’s smartphone adaptation of an acceptance and commitment therapy (ACT) program originally designed and tested at the University of Manitoba. Swing Therapeutics has exclusively licensed the program, and adapted it to form their own phone-based version. 

“We basically used [The University of Manitoba program] as a basis for our program and then really built on top of it, and adapted it to a sort of experience that would work great for a modern day smartphone interface,” says Mike Rosenbluth, the founder and CEO of Swing Therapeutics. 

This FDA designation will allow Swing Therapeutics expedited review at the FDA as the company conducts a series of clinical trials on the product.

At the moment, there is no cure for fibromyalgia, but the FDA has approved three drugs that can help manage symptoms. Those include: Lyrica, which is usually prescribed to treat nerve damage, but is also used to treat fibromyalgia; Cymbalta, which was originally developed to treat depression, anxiety and diabetic neuropathy; and Savella, an SSRI that’s similar to treatments for depression. 

Outside of the drug world, there’s some evidence ACT can help patients who live with chronic pain (including fibromyalgia). 

One meta-review of 25 studies on ACT and chronic pain, for instance, found that ACT therapy had small effects on pain intensity. But the therapeutic process of teaching patients to accept their pain (but not ignore it) was linked with moderate and long-term improvements in depression, anxiety and quality of life. 

“What ACT does is it tries to help people accept those symptoms and things that are uncontrollable. It helps people think about their values – what is really important to them,” says Rosenbluth. “And then they try to make behavior-based changes aligned with those values.” 

In that vein, Swing Therapeutics’ platform is designed to be prescribed by a doctor as a treatment management tool. Once prescribed, the patient would enter a 41 session acceptance and commitment therapy program that’s run entirely on their phone, and broken into “daily doses.” A “daily dose” might include a prompt for a mindfulness session or a short writing prompt. 

The University of Manitoba program that Swing’s smartphone program is based on does have a randomized controlled trial to its name. It was initially validated in a study on 67 participants who either received treatment as usual or their regular treatment plus ACT delivered via an 8-week online course. 

Completing the course was linked with improvements in depression symptoms and improvements in patients’ scores on the Fibromyalgia Impact Questionnaire (FIQ-R), which measures the effects of fibromyalgia on sleep, pain perception fatigue, or psychological distress.  The course appeared to help patients improve their “pain acceptance” and through that mechanism the experience of fibromyalgia. 

Importantly, the Swing Therapeutics program does differ slightly from the University of Manitoba program – namely, it’s designed for almost daily use, over 12 weeks on a smartphone, as opposed to 8 weeks on a computer. Even these small changes warrant their own independent clinical trials to ensure this approach also helps fibromyalgia patients benefit from this specific ACT therapy program. 

Swing Therapeutics has several of these clinical trials at different stages. 

This spring, Swing completed enrollment of a 67-person pilot study on their adapted treatment for fibromyalgia (patients were assigned to an active control or the ACT digital therapy). This study is ongoing. Last week, Swing also launched a large-scale study called REACT-FM. This study, currently recruiting, aims to enroll about 100 to 150 patients who will use the ACT product for two weeks. 

Finally, the company is also in the development phase for a Phase 3 randomized controlled trial. After completion of that study, the company plans to submit to the FDA for full approval of the platform. That study, says Rosenbluth, is planned to launch at the end of the year. 

The FDA breakthrough therapy designation has already helped shape these studies. As the trials continue, this designation means the device will continue to enjoy expedited review, which could smooth the platform’s journey through clinical trials. 

“We found it really useful to be able to have that channel dialogue with the FDA, so that we can make sure that we’re aligned in clinical study design and our approaches are in line with things that the FDA expects,” Rosenbluth says. 

News: The 2022 Toyota GR 86 brings performance to the people

Alex Kalogiannis Contributor Share on Twitter Automotive writer, editor and host for hire. Bylines: Gear Patrol, DriveTribe, Forbes, Others. The sports car market can seem like an exclusive club, one reserved for those with enough extra cash and garage space to make such a highly impractical passion purchase. More often than not, these prestige items

Alex Kalogiannis
Contributor

Automotive writer, editor and host for hire. Bylines: Gear Patrol, DriveTribe, Forbes, Others.

The sports car market can seem like an exclusive club, one reserved for those with enough extra cash and garage space to make such a highly impractical passion purchase.

More often than not, these prestige items are billed with intimidating power numbers and equally frightening price tags, both tacitly challenging would-be buyers — Can you handle me? Can you even afford me?

The Daft Punk-ian “harder better faster stronger” mantra of the sports car industry is great for those with deep enough pockets to participate or for those who enjoy cheering from the sidelines, but anyone looking to get in on the action on the ground floor these days would be hard-pressed to find a sub-$30,000 performance-specific ride that isn’t the Mazda Miata.

The misnomer too that “performance” refers exclusively to the high-speed, high-horsepower machines is enough to scare away the inexperienced or drive off those who just don’t need that. Hello again, Miata.

It’s why the Introduction of the first-generation Toyota GT 86 (née Scion FR-S) was an important one and why its next iteration, the GR 86, is an exciting prospect: Performance for the people; a sports car for everyone.

Nuts and bolts

The GR 86 is a 2+2 coupe powered by a 2.4-liter flat four-cylinder boxer engine that produces 228 horsepower and 184 pound-feet of torque.

If you’re unfamiliar with this configuration, it’s a layout that delivers more balance than the Vs-and-straights that you may be used to. Power is sent to the rear wheels by way of a six-speed transmission, manual or automatic.

It rides on an independent suspension with MacPherson-type struts at the front and multilink setup in the rear. Depending on the trim level, the GR 86 is saddled with 17- or 18-inch wheels.

Speaking of trims, the GR 86 comes in two flavors: base and premium, with the latter bringing a handful of upgrades such as the aforementioned 18-inch wheels, a duckbill rear spoiler, adaptive front LED headlamps, a smattering of visual accents, plus an upgrade to eight stereo speakers from the standard six.

All trims come with an 8-inch touchscreen display for entertainment and connectivity purposes, as well as a host of standard safety equipment that includes seven airbags and the Toyota Star safety system that’s made up of the stability control, anti-lock braking systems we’ve come to expect, plus brake assist and brake-force distribution.

GR 86s fitted with the automatic gearbox have the added benefit of an active safety system that handles pre-collision braking, lane-keep assist and adaptive cruise control.

Connected services requiring a subscription give the GR 86 remote connect abilities via an app that can start the engine, lock the doors and honk the horn, but can also provide vehicle health reports and set up what are essentially parental controls for the car: geofencing, speed alerts and even a curfew setting.

Race-bred tech

A keep-it-simple sports car like the GR 86 lacks the luxury luster of a tech-laden Lamborghini Huracán or its close cousin, the Audi R8.

While these cars have more hardware than a gaming PC, the GR 86 is light on computational muscle. Indeed, branded as a “purist’s sports car,” it’s scant on too many assists when it comes to spirited driving sessions.

Stability can be switched off and drive modes “Sport” and “Track” will increase input response on the brakes and throttle. These modes will also make the automatic gearbox punchier in kind to the more aggressive engine mapping.

With the GR 86 being such a small package, finding the tech that makes a difference requires some keen scrutiny in specific areas. Toyota states the car earns its “GR” (for Gazoo Racing, Toyota’s motorsport branch) branding through the car being developed with race-bred technology.

On the outside, this is notable in the aerodynamic touches that make big differences in stability. It starts at the front where functional vents channel air at high speeds to aid in the car’s control and is continued at the rear, where the molding above the rear wheel well is shaped to continue this work at the back end.

Structurally, the GR 86 is improved over the previous version by increasing the frame’s rigidity, implementing reinforcement in key areas in the front and rear, as well as using more high-strength steel.

Interestingly, the car manages to gain a few pounds over the outgoing model, from 77 to 117 pounds depending on the transmission. A number of weight-saving measures such as an aluminum roof and fenders mitigate this. However, the efforts were more to carefully distribute weight than shed the pounds.

Strapped in

From behind the wheel of the GR 86, it’s clear to see the interior as an upgrade more than a drastic change. Gone is the analog gauge cluster in favor of a 7-inch TFT digital screen that changes depending on drive mode.

For the 86s fitted with an automatic, there are three distinct screens that shift the visible information around for optimal usage and two in the manual.

For instance, the “normal” screen will have the miles-per-hour stat front and center, while the “track” screen will put the current gear at the top, above a three-color rpm indicator. This is useful for those who will take the Toyota out on a closed course since this is more critical info to know “in the moment” over the current speed. Bumping this up and giving the interface a distinct amber glow helps deliver that data with either a quick glance or even just through the driver’s periphery.

Toyota GR 86

Image Credits: Alex Kalogianni

The infotainment screen is also slightly upgraded. Visually speaking, it looks better integrated and free of the piano black plastic bezel that mars the older one.

The interface is simple, with icons giving access to the radio, media sources, maintenance data and to call roadside assistance, as well as other integrated apps that may be installed, such as a music streaming services.

Apps can be arranged to preference but overall, it’s reliant on external devices to be truly functional. For the hyperconnected audience that this car is targeted for, there’s a sense that Toyota’s betting on most users to primarily utilize Android Auto and Apple CarPlay, which is compatible on all models.

Performance playground

Heading onto the track with the GR 86 feels like returning a captive creature back to its native environment. Toyota brought the GR 86 and its predecessor for testing and back-to-back comparison to Monticello Motor Club, a 4.1-mile course with 20 turns to pit against the car’s performance. Though the GR 86 is very much a street car, it’s on the track where it can run wild and fully express its capabilities.

The power output of the previous car was a divisive issue, with fans feeling it right-sized for the intent of the vehicle while others found it lacking and hoped that Toyota would finally affix it with the turbocharger they felt it deserved.

The improvements to the GT 86’s boxer engine are palpable and should satisfy both camps.

The increased displacement and other enhancements does indeed up the power slightly and does so without adding a turbo, keeping things simple and uniform, particularly to application of the power.

More importantly, the power is usable earlier in the rev band, so the GR 86 gets up to speed with more immediacy. In comparison, the heavier GR 86 feels lighter while the outgoing car feels like it’s dragging a load of bricks.

All of the weight balancing and suspension refinement has given the car an increasing amount of control. One of the defining attributes to the older 86 was how it felt incredibly planted to the ground.

It was difficult to push the car beyond its limits and that was encouraging to drivers old and new to drive without worry that it would go out of sorts beneath them. This still holds true in the GR 86 but the sharper agility takes some adjustment.

It feels like playing your favorite video game and then upping the controller settings way higher than you’re used to. After getting a handle on it and combined with the rebalanced power output, the GR 86 can glide around corners in a wonderfully rewarding manner.

Toyota GR 86

Image Credits: Alex Kalogianni

Steering and throttle may respond to a light touch, but when it comes to the brakes, it’s a different story. The otherwise lithe GT 86 demands a heavy foot when it comes to slowing or stopping to any significant degree. It’s not just for deep high-speed braking, either, but even in usual instances of a quick speed adjustment, stepping on the brakes elicits the same incredulity as pushing through a door that wasn’t as light as it appeared to be.

Between the different transmissions, it boils down to preference, either for the track or the streets.

The manual is slick and light, if a little loose-feeling. Like the car’s handling, the gearbox itself has been designed for quicker movement throughout the pattern, be that forward, back and diagonal, and the tradeoff for this slippery shifter is a drop in confident gear selection. Otherwise, it’s a manual, and thus the driver is in full control, as opposed to the automatic.

In general, the automatic transmission is fine for casual to sporty driving, but go beyond that and it starts to become a system to overcome rather than to work with.

“Sport” mode handles the throttle response and gearbox behavior in the automatic-affixed GR 86s, and the difference is dramatic in practical application. Trying to drive fast in “normal,” nets drivers bursts of speed when the pedal is planted but the gearbox will hurry to return to higher gears as soon as it can, rather than staying low for the driver to maximize acceleration. Even in Sport, it’ll stay in gear for a bit longer, but will ultimately call its own shots, much to the frustration of the person behind the wheel.

Street beat

Taking a spirited drive on the street, the GR 86’s talents far outshine its shortcomings.

The transmission behavior is still intrusive with the automatic but backroad curves differ from track bends, and its boisterous acceleration and handling almost guarantee a good time no matter what the road ahead looks like.

In between the fun sessions, the Toyota feels competent. It drives better than what one would expect from a sub-$30,000 vehicle, but there’s no “wow” factor here. At worst it feels like an inexpensive commuter car with decent interior touch points, but it’s far from insufferable.

With the automatic, drivers can use its suite of driver assistance features like adaptive cruise control, which behaves with an eagerness to maintain the set speed in the face of elevation changes or when cars are detected.

Most other settings like lane departure warning are tucked away in a menu accessed through one section of the digital gauge cluster, and its usage is clumsy, particularly while on the move. When it’s activated, the detection is hit or miss, sometimes ignoring very clear and, in my case, deliberate lane deviation, only to be hyperactive on my journey back on the same road.

Contenders

At its price point, the GR 86 doesn’t have many other sports cars to compete with, apart from the obvious Mazda MX-5. They are similar in their accessibility, affordability and dynamic behavior, but they differ in mission and in attitude.

The Miata is a plucky roadster that endears itself to drivers with its playful drop-top energy. The GR 86 is just as playful, but it’s slightly more serious, without being comically so or intimidating.

Ultimately, it’s user preference and use case; I’d take the Miata on a coastal drive, but I would make the GR 86 my track toy.

Indeed, the GR 86 is only really competing against itself. In one regard, it does this as it endeavors to be better than its outgoing self, and I think most drivers will agree that it succeeds there.

In another, it does this as it goes head-to-head with the Subaru BRZ, its mechanical twin, as Toyota and Subaru famously partnered to make this and the car’s previous iterations happen. There are certain things that set the cars apart like looks and tuning, but not much else beyond that, and it will be interesting to see which way enthusiasts gravitate.

The GR 86 is an important vehicle to Toyota’s commitment to its current motorsport endeavors as well as its sports car heritage, which in turn carries a substantial cultural significance. Anyone questioning this need only look to the very top of the company’s structure. Toyota’s president Akio Toyoda is not only enthusiastic about sports cars, he’s an experienced driver and had a personal hand in the development of the GR 86. In short, the car wouldn’t move forward unless he himself was happy with it, and that degree of personal investment isn’t spent on things that are unimportant.

Being an entry point to the GR sub-brand (joining the Supra), the GR 86 gives new and experienced enthusiasts a great starting point for a performance driving journey. As drivers, the GR 86 comes with a one-year membership to the National Motor Sport Association, which includes one high performance driving event.

The 86 is also a blank slate for aftermarket tuners, who still modify and maintain cars like the Supra and even the AE86, the GR’s progenitor. At the end of the day, the GR 86 might not be the fastest or most powerful car on the road or on the track, but its accessibility in both learning curve and price point make it a winner.

News: Food conglomerate Forward Foods becomes Starday, raises $4M

Forward Foods, creating healthy and sustainable food products, changed its name to Starday and raised $4 million in seed funding to take on “big food” incumbents.

Forward Foods, creating healthy and sustainable food products, changed its name to Starday and raised $4 million in seed funding to take on “big food” incumbents.

Equal Ventures and Slow Ventures co-led the round and were joined by Haystack, Great Oaks Venture Capital, XFactor Ventures, ABV and a group of angel investors.

Chaz Flexman, co-founder and CEO, started the Oklahoma-based company in late 2020 after leaving Pattern Brands. He watched digital grocery go from a single-digit market to double digits overnight.

“It feels like a ‘Napster moment’ in the way consumers are now coming online to discover and buy,” Flexman told TechCrunch. “We are measuring their interest and using data to drive outcomes so we can go up against the Nestlés of the world.”

The company’s name change to Starday was just a way to build consumer-facing brands that were a bit more memorable, he added.

The global food and beverages market is expected to reach $7.5 trillion by 2023, with growing demand for foods that are more clean and sustainable, according to market research firm Research and Markets.

Starday’s technology turns data like that into products based on current trends and customer preferences. It is able to test new concepts, gather feedback and make adjustments before putting new food items on the market, Flexman said. It is also able to cut the time a product takes from idea to market down to six months (from 18 months), while also using feedback to plan for other potential brands.

“We use data to let consumers tell us what they want now rather than how Big Food has operated over the years: to follow consumer demand and create nutritionally bad food that is also bad for the environment,” he added.

Gooey Snacks. Image Credits: Starday

Its first brand is Gooey Snacks, an all-natural, low-sugar chocolate hazelnut spread that is made without dairy or palm oil. Flexman expects to develop four or five brands during that time, including one more later this year.

Starday went after the seed round so that it could launch more brands like Gooey Snacks over the next 12 months, grow the team, develop new retail partnerships and build out its data and forecasting capabilities. The company has four employees currently, and Flexman plans to be at seven in the next couple of weeks.

Rick Zullo, partner at Equal Ventures, said he knew Flexman from his firm’s investment in Pattern and said Flexman’s vision for a new type of food company was aligned with what Equal’s vision was for the food industry.

Rather than being just a product company, Zullo sees Starday being a platform company, able to drive a new way of eating and way of bringing new products to market.

“Starday is able to provide granular data to understand what consumers want and what will perform best,” he added. “This wasn’t possible when digital grocery was still a nascent concept. They don’t have to do focus groups or testing launches, so it is truly a fraction of the time it takes and is cheaper.”

 

News: Atlas slugged

I watched a lot of skate videos growing up. At some point, failures became as important a fixture as perfectly executed tricks. The spills and the injuries could be downright gnarly (there’s a reason, after all, that skateboarding culture gave the world “Jackass”), but as an aggressively mediocre skater myself, there was something comforting in

I watched a lot of skate videos growing up. At some point, failures became as important a fixture as perfectly executed tricks. The spills and the injuries could be downright gnarly (there’s a reason, after all, that skateboarding culture gave the world “Jackass”), but as an aggressively mediocre skater myself, there was something comforting in seeing the best in the world fall flat on their face and (short of actual injury) dusting themselves off and trying a trick for the fifteenth time.

For the dozens or even hundreds of perfectly choreographed videos we’ve seen from Boston Dynamics, we’ve very rarely gotten a glimpse at the slipped-footed tumbles that happen between takes. Today, the firm is pulling back the curtain a bit on what goes into making its humanoid Atlas robot look good in front of the camera.

Image Credits: Boston Dynamics

There’s a reason, after all, so many of the company’s in-house systems bear scuffs, scratches and discoloration on their middle and lower bodies.

“During filming, Atlas gets the vault right about half of the time,” the company writes in a blog post. “On the other runs, Atlas makes it over the barrier, but loses its balance and falls backward, and the engineers look to the logs to see if they can find opportunities for on-the-fly adjustments.”

The company challenges the robot to run a mini parkour course, noting in an accompanying video, “Parkour is a useful organizing activity for our team, because it highlights several challenges that we believe to be important.” Parkour is a challenge to both short-term and longer-term problem solving for the robot, which must both execute a series of individual moves and, more broadly, determine how to get from point A to point B by stringing them all together.

Boston Dynamics says these sorts of videos can take months to get Atlas to complete in one go. “Although this most recent attempt was nearly perfect, it was not precisely perfect, not quite,” the company writes. “After the robots completed their backflips, one was supposed to pump its arm like a big-league pitcher after a game-ending strikeout — a move that the Atlas team calls the ‘Cha-Ching.’ ”

In addition to the hashtag greatest Atlas fails video compilations that definitely don’t exist on the Boston Dynamics computers, missed footing can result in some pretty nasty injuries for the ‘bots — not unlike their human counterparts. Sometimes it gets back up again, like so many robotic Chumbawumbas. Sometimes not. The video is worth checking out for both of these, as well as some insight into what goes into making one of those videos.

News: GSK and R/GA Ventures are launching a health studio for startups

GSK Next, the innovation arm of GlaxoSmithKlein, is launching a new mentorship and business development program. Called the Re/Wire Health Studio, the program will eventually select six startups who will win access to nine weeks of mentoring, business development expertise, and cash grants.  The Re/Wire Health Studio is designed for growth and early-stage startups focused

GSK Next, the innovation arm of GlaxoSmithKlein, is launching a new mentorship and business development program. Called the Re/Wire Health Studio, the program will eventually select six startups who will win access to nine weeks of mentoring, business development expertise, and cash grants. 

The Re/Wire Health Studio is designed for growth and early-stage startups focused on “everyday health.” That means products that aid in detecting long-term health problems, incentivize proactive care, or help someone manage a condition, for example. Under the umbrella of “everyday health” the studio will work with startups applying everyday health principals to three areas of focus: oral health, mental resilience, or women’s health. 

Companies from all over the world can apply, but they must be prepared to launch in the U.S. with a minimum viable product, or be ready to perform in-market development. Applications close September 20, 2021, and the full cohort will be announced in October. 

The Re/Wire Health studio is a joint project between the GSK and R/GA Ventures – which will act as the Studio’s operational partner and help select the cohort.

TechCrunch spoke with Nick Tate, the Vice President of Global Digital Innovation at GSK Consumer Healthcare and head of GSK Next, to talk about what he looks for in a startup, what selected companies will gain from participation, and the types of projects he’s excited to hear more about. 

This interview has been condensed and lightly edited for clarity. 

TechCrunch: Just to start off, I’d love to have you expand on what you’re looking for in applicants to the GSK Re/Wire Health Studio. What are two or three things are you looking for?

Tate: GSK consumer healthcare is extremely ambitious when it comes to our consumers, the science we are trying to drive and the solutions we are trying to create. One of the big things we look out for is people who really have got an ambition to make a significant positive dent on the world, and have surrounded themselves with people to create that energy. 

Drive and excitement is one aspect of it. Then there’s technical capability. We’re looking for companies that are prepared to launch in the US with at least a minimum viable product in service or in-market. 

The reason for that is [Re/Wire Health Studio] is about taking a service or a platform and saying:  How can we genuinely help? How can we deliver value so these propositions can really live in the world and make an impact on everyday health?  

TechCrunch: What are the hard and soft skills you want to see in a leadership team?

Tate: I think we’re looking for people who have that rare mix of ambition, and reality. You can look at their proposition and believe they’re excited about it – but as we all know [running a startup] is very hard stuff. The ability to be data driven in how they look at propositions is important. 

And it’s absolutely important that the consumer experience is at the heart of what they do. Putting ‘care’ into everyday healthcare is incredibly important to the sorts of propositions we think are going to make a tangible difference today and into the future. 

TechCrunch: What are two or three things that you hope companies will gain from participating? 

Tate: I’d want them to have a genuine understanding of route to scale and what that means. At GSK I think we’re in a really unique position to offer a real perspective on what it takes to have a proposition that can travel. 

I’d also want them to leave with a better understanding of themselves, their business, their business model, and what it takes to succeed in the market. 

The last 18 months have taught us amazing things do happen when partnerships really work. I’m excited about bringing this understanding of what it takes to really make something global through GSK. 

TechCrunch: What elements do GSK and R/GA Ventures each bring to the Re/Wire Health Studio? 

Tate: From a GSK perspective, we think about what it takes to get into the market in a very changing and dynamic environment of everyday health. We think about manufacturing, regulatory processes, designing for the right kind of outcomes, and of course the science – that’s what we’re known for. 

These are things a business needs to think about down the line, but they don’t have the bandwidth to consider right now. These are very specific skills that the GSK does day in and day out with our existing brands that we think are incredibly important for startups to consider. 

From an R/GA perspective, we talk about this notion of creative capital. They’re bringing this team of award winning strategists, technologists, designers, and consultants because we know that a business is just more than a brand, a product is just more than one interaction. 

TechCrunch: I like to hear you expand a bit on why Re/Wire Health Studio is interested in propositions related to oral care, mental resilience and women’s health. Why did you highlight those three focus areas? 

Tate: Beyond the expertise we believe we can bring to the table today, we see all of these areas as extremely exciting unmet needs with the ability to create a genuine impact on people’s everyday health. 

They address multiple issues for consumers across the world (both today and tomorrow) and will fundamentally be emboldened by better data, insights, and human-centric solutions.

TechCrunch: When was the last time you were really blown away by a pitch or proposition? What really made it stick in your head? 

I think, without naming and particular names, it’s when people have really taken a proposition and turned it on its head. Or, the nature of their endeavor is just so ambitious. 

We’ve all been in those meetings where you meet people and you’re like ‘my goodness, what you are trying to achieve is absolutely incredible.’ I take a lot away from people from purpose, ambition, drive and the audacity to try something. 

What I find so incredibly exciting about everyday health is that there’s nothing more important than it, and it’s one thing we tend to sleepwalk through. When it’s all said and done, you don’t sit on your deathbed wishing you had slightly different luggage or a nicer watch, you wish you had probably taken better care of your health. 

So when I meet startups who have an ambition to solve those sorts of problems for people all around the world, the hairs at the back of my neck go up. I get incredibly excited about working with those types of people. 

News: Picnic launches its first robotic pizza system

Robotic pizza has proven a surprisingly popular goal for startups. Over the past several years, some of those dreams have been more successful than others. Zume is probably the most notable story of a company that fell short, ultimately abandoning its robotic pizza trucks in early 2020 to pivot to sustainable packaging. Picnic has been

Robotic pizza has proven a surprisingly popular goal for startups. Over the past several years, some of those dreams have been more successful than others. Zume is probably the most notable story of a company that fell short, ultimately abandoning its robotic pizza trucks in early 2020 to pivot to sustainable packaging.

Picnic has been making itself known more recently, announcing a $16.3 million raise back in May. Another $4.2 million back in July helped push the company north of $38 million. Today, the startup announced that it’s finally ready to launch its first device, after various pilots across various industries, including restaurants, hospitality, entertainment and theme parks. The announcement was made at the International Pizza Expo and Conference, which apparently is happening in Las Vegas, as we speak.

Image Credits: Picnic

“The team has been working tirelessly with customers and strategic partners over the past year to fine tune the Picnic Pizza System,” CEO said Clayton Wood said in a release. “We’re very proud of the solution that we have created. The validation we’ve received from industry partners and customers reaffirms the need for kitchen automation solutions like ours, and we are looking forward to an excellent year ahead.”

Pizza is a clear early target for food robotics systems, because 1) it’s relatively straightforward and reasonably uniform in its construction and 2) people eat a lot of it. In 2015, Americans reportedly ate 100 acres of the stuff — daily.

The company will be fulfilling existing customer orders through the end of 2021 and will start shipping new orders to customers next year. Pricing will be available as a robotics-as-a-service (RaaS) model, charging customers between $3,500-$5,000 a month to effectively rent the system. The sliding scale is dependent on things like specific configurations of the modular system and output. Fees include maintenance checks and remote monitoring.

The system is up for preorder starting today.

News: Bird is the latest operator to integrate its e-scooters and e-bikes with Google Maps

Micromobility company Bird has officially joined the ranks of e-scooter and e-bike operators that are integrated with Google Maps, which now surfaces nearby vehicles for users in the U.S. Bird’s announcement comes just a day after Spin also announced its integration with Google Maps and just a few weeks after Lime, which has been integrated with

Micromobility company Bird has officially joined the ranks of e-scooter and e-bike operators that are integrated with Google Maps, which now surfaces nearby vehicles for users in the U.S.

Bird’s announcement comes just a day after Spin also announced its integration with Google Maps and just a few weeks after Lime, which has been integrated with Google Maps since 2019, announced an integration with transit planning app Moovit.

Bird already works with mobility-as-a-service platforms including Skipr, Tranzer and soon Whim in Antwerp and throughout Belgium. The company has also recently partnered with major national rail companies SNCF in France and Trenitalia in Italy. It plans to expand its Google Maps integration with Bird’s partner cities outside of the U.S. in the future, according to a spokesperson for the company. These sorts of integrations are par for the course as micromobility companies seek to become further entwined with the broader transportation ecosystem.

“As demand for sustainable transportation increases, Bird is committed to meeting this need while simultaneously reducing street traffic in already congested cities and towns,” said Bird CEO and founder Travis VanderZanden, in a statement. “Through our integration with Google Maps, we are making it easier for individuals to embrace new modes of eco-friendly travel and to ultimately eliminate our collective reliance on congestion inducing, gas-powered cars – especially in urban settings across the globe where a majority of trips are under five miles.”

As with Lime and Spin, Bird’s vehicles will show up as an option under the bike toggle of the Google Maps app. The app will show information such as estimated travel time, cost and environmental impact. Bird did not respond in time for publication to a request for information on whether estimated battery range would also be available, which is displayed with Lime and Spin’s vehicles on the app.

Users who choose to take a trip with Bird will have to click on the “unlock” button displayed on the bottom of the Google Maps screen, which will direct them to the Bird app, available on iOS and Android, to unlock and pay for a vehicle.

Bird’s news about its integration with Google Maps comes on the same day that the operator, along with Veo and Lime, launch New York City’s first e-scooter pilot in the Bronx. The timing of this launch alone would make this integration beneficial for Bird, but the scooter company potentially stands to gain even more in NYC. Last month, Google Maps began trialling a feature in the big apple to show users which train cars were the busiest in order to help riders social distance better. Now, those users can ostensibly choose to seek out a Bird or Lime vehicle via the app rather than cram into a packed subway car.

News: Split.io announces $50M Series D to continue growing feature flag platform

As developers build applications, they often want to test new functionality on a limited set of users to blunt any possible negative impact or to gauge user reaction to the change before rolling it out more broadly. They use a technique called a feature flag, and Split.io, a startup that has built a platform to

As developers build applications, they often want to test new functionality on a limited set of users to blunt any possible negative impact or to gauge user reaction to the change before rolling it out more broadly. They use a technique called a feature flag, and Split.io, a startup that has built a platform to help manage feature flags, announced a $50 million Series D today.

Owl Rock was lead investor with participation from Northgate Capital and existing investors Accel, Lightspeed Venture Partners, Harmony Partners, Microsoft’s venture capital fund M12, Atlassian Ventures, and ServiceNow. The company raised $110 million in total including its $33 million Series C last summer.

CEO Brian Bell, who came on board at the end of 2019, says the company helps development teams deliver controlled rollouts of new features. “What we provide is essentially a platform that allows development teams to separate the deployment of code from the release of the feature, so that you can turn the feature on and off as needed, essentially toggle the feature and that’s what’s called the feature flag,” he said.

Bell says that when you can control the release of new features in this way, it can free up development teams to be more experimental. “The feature flag in many ways sounds so basic, but it’s an incredibly powerful concept and it allows development teams to turn features on for different users, and to control the rollout. And that fundamentally changes the way you build and release products,” Bell explained.

He says the real power of this approach comes into play when you combine this ability with data like performance data, user behavior data and business analytics to see the impact of a change on the application and users. What’s more, the platform helps manage flag bloat by alerting you to turn them off once a feature is rolled out to 100% of users and is no longer needed.

The company is growing fast and expects to be between 200 and 250 employees in the next 12 months. He says that it’s a tough hiring environment, but that he is cognizant of building a diverse and inclusive company in spite of the challenges. He says that when he came on board, he formed a DEI task force shortly after taking over, and brought in an outside consultant to help guide the conversation.

He believes that creating an inclusive environment will help drive diversity. “One of the things I believe in that I’ve learned is that if you focus on inclusion, you will create diversity because an inclusive culture will attract a diverse applicant pool because people will recognize that they can be successful in this company,” he said.

Bell says that with strategic investors on board like Microsoft, Atlassian and ServiceNow, all solid public companies, it gives him more credibility in the marketplace and should help him continue to grow the platform. And that doesn’t just involve money. These companies are also partners.

“A lot of the developers that we serve want to make sure that we coexist within the workflow of those application development platforms. So for example, with JIRA which is part of Atlassian, we have a bi-directional integration that allows a ticket within JIRA to show a feature flag content right on the ticket.” he says.

While the company is a Series D, Bell isn’t thinking exit any time soon. He wants to continue to build the company. “If you think about markets, this is absolutely massive. So our focus right now is just on growth. My focus personally is on how do I scale the team, how do I hire the right people, and how do we deliver value to our customers and if we do that, there will be opportunities and strategic options moving forward, whether it takes the form of an IPO or being part of something larger.”

News: Monte Carlo closes $60M Series C on the back of rapid ARR growth

The company raised a Series B earlier this year, a $25 million round led by GGV and Redpoint. Both Series B lead investors participated in Monte Carlo’s Series C.

Monte Carlo has returned to the capital well for the second time this year, adding $60 million to its accounts thanks to a new, ICONIQ Growth-led Series C. The company helps customers monitor their data inflows, finding issues and errors that could foul downstream data analysis.

The company raised a Series B earlier this year, a $25 million round led by GGV and Redpoint. Both Series B lead investors participated in Monte Carlo’s Series C, joined by Salesforce Ventures, a new investor in the company.

The company declined to share what it is now worth, but did tell TechCrunch that it is now worth 4x its previous valuation. Given that the company’s Series B likely sold for between 15% and 25% of the company, valuing it somewhere around the $100 million to $175 million range, we can infer a new valuation range of around $400 million to $700 million from its new investment. That’s back-of-the-envelope math, but it’s the best we can do.

Image Credits: Monte Carlo. Shared as too often we cover enterprise software from a purely textual perspective. Here’s what it looks like!

In slightly more concrete terms, Monte Carlo told TechCrunch that it doubled its ARR in each of the last four quarters, or that it scaled its annual recurring revenue by around 8x from the one-year period between “summer 2020 [and] summer 2021.”

Given its growth rate, it’s not hard to see how the startup managed to put together another round of capital.

However, as is common with young tech companies raising rapid-fire rounds of capital these days, Monte Carlo did not need the money. According to Monte Carlo co-founder and CEO Barr Moses, she was on the receiving end of investor interest and still had the majority of her company’s Series B in the bank.

Monte Carlo has raised $101 million to date, and, given Moses’s comment, has north of $70 million in cash on hand.

Given the company’s dearth of impending cash-flow issues, we asked Moses why she raised more capital. She said that Monte Carlo is perceived as a market leader in its category and that she wants to build the biggest company that she can. Monte Carlo wants to pull on all available levers, she explained; with the new capital, it’s going to hire more folks, build more product, support more use cases and take on new markets.

The company’s market is growing in tandem with the larger world of big data and data-focused analysis. More simply, Monte Carlo sits upstream from data lakes and the analytical tools that data scientists use to extract insights from reams of information.

As TechCrunch noted at the time of the company’s Series B, by monitoring data ingestion for its customers, Monte Carlo can prevent crunched data from being skewed due to inbound issues. Its software can detect various divergences from historical patterns, for example, alerting customers to which of their inbound data sources could be providing faulty information.

If we think of data science as a steering wheel of sorts, data observability is the work of keeping the car’s windshield clear. That way when you steer, you aren’t accidentally driving in the wrong direction. Into a wall, for example. Sure, it’s not a perfect analogy, but it’s workable.

Widening our lens, Monte Carlo is a good example of the current startup fundraising market. When an upstart technology company can demonstrate rapid growth, investors are willing to fund it far in advance of its needs, hoping to secure a share of its future success as early as possible. This practice goes against old-fashioned venture capital thought, in which too much capital was believed to engender focus risks. Excess capital for investment has shaken up venture logic, or at least venture behavior.

Regardless, the market for analytical work in the data world has proved to be a simply massive market. Databricks’ latest valuation underscores that fact.

Monte Carlo is riding a similar wave. Expect to hear from the company again in early 2022 if it keeps its growth rate even close to what it managed in the last year.

WordPress Image Lightbox Plugin