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News: May Mobility’s Edwin Olson and Nina Grooms Lee and Toyota AI Ventures’ Jim Adler on validating your startup idea

• May 18, 2021
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Read on for highlights from our chat with Olson, Grooms Lee and Adler, or watch a recording of the full session, including our live pitch-off.

When a founder has a work history that includes the name of the parent company of one of their key investors, you probably assume that was one of the first deals to come together. Not so with May Mobility and Toyota AI Ventures, which connected for the company’s second seed round, after May went out and raised its original seed purely on the strength of its own ideas and proposed solutions.

That’s one of the many interesting things we learned from speaking to May Mobility co-founder and CEO Edwin Olson, as well as Chief Product Officer Nina Grooms Lee and Toyota AI Ventures founding partner Jim Adler on an episode of Extra Crunch Live.

Extra Crunch Live goes down every Wednesday at 3 p.m. EDT/noon PDT. Our next episode is with Sequoia’s Shaun Maguire and Vise’s Samir Vasavada, and you can check out the upcoming schedule right here.

Meanwhile, read on for highlights from our chat with Olson, Grooms Lee and Adler, and then stay tuned at the end for a recording of the full session, including our live pitch-off.

A different approach to corporate VC

One thing Adler brought up early in the chat is that Toyota AI Ventures likely takes a different approach than most traditional corporate VCs, which are often thought of as being more incentivized by strategic alignment than by venture-scale returns. Adler says the firm he founded within the automaker’s corporate umbrella actually does behave much more like a traditional VC in some ways than many would assume.

News: Google partners with Shopify on online shopping expansion

• May 18, 2021
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Google today announced it’s partnering with Shopify, giving the e-commerce platform’s over 1.7 million merchants the ability to reach consumers through Google Search and its other services. The integration will allow merchants to sign up in just a few clicks to have their products appear across Google’s 1 billion “shopping journeys” that take place every

Google today announced it’s partnering with Shopify, giving the e-commerce platform’s over 1.7 million merchants the ability to reach consumers through Google Search and its other services. The integration will allow merchants to sign up in just a few clicks to have their products appear across Google’s 1 billion “shopping journeys” that take place every day through Search, Maps, Images, Lens and YouTube.

The company didn’t offer extensive details about the integration when it was announced during Google’s I/O Developer event this afternoon. But the news follows a series of updates to Google Shopping resulting from Amazon’s increased investment in its own advertising business, which threatens Google’s core ads business.

Google made its pitch to online advertisers today, describing how its so-called “Shopping Graph” would now begin to pull together information from across websites, price reviews, videos and product data pulled directly from brands and retailers, to help better inform online shoppers about where to find items, how well they were received, which merchant has the best price, and more.

This Shopping Graph can span across Google’s platforms, whether someone is discovering products through Google Search or even watching videos on YouTube, among other things.

Image Credits: Google I/O 2021

For example, when you now view screenshots of products in Google Photos, there will be a suggestion to search the photo using Google Lens, to help you find the item for sale. And Google announced earlier this year it was pilot-testing a new experience on YouTube that allows users to shop products they learn about from their favorite creators — a move to counteract the growing threats from TikTok and Facebook, and their own investments in e-commerce.

But before any of this Shopping Graph functionality can really work, Google needs consumers to find shopping for products via Google actually useful. That’s partly why Google made it free for merchants to sell their products across Google this past year — a change that Google says drove an 80% increase in merchants on Google, with the “vast majority” being small to medium-sized business.

That’s where the partnership with Shopify comes in, too. Though this integration doesn’t mean that every Shopify storefront will be included on Google — the merchants have to take an action to make that happen — it would be almost a no-brainer for them not to leverage the new option.

Shopify isn’t playing favorites when it comes to distribution, however. It’s integrated with other large platforms, too, including Facebook and TikTok. And it’s been working with Walmart to expand the retailer’s online marketplace, as well.

Investors seemed happy with the Shopify news this afternoon. Shortly after Google’s announcement, the stock popped 3.52%.

News: With Android 12, Google will turn your smartphone into a car key

• May 18, 2021
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Google is working with BMW and other automakers to develop a digital key that will let car owners lock, unlock and start a vehicle from their Android smartphone, the company announced Tuesday during its 2021 Google I/O developer event. The digital key is one many new features coming to Android 12, the latest version of

Google is working with BMW and other automakers to develop a digital key that will let car owners lock, unlock and start a vehicle from their Android smartphone, the company announced Tuesday during its 2021 Google I/O developer event.

The digital key is one many new features coming to Android 12, the latest version of the company’s mobile operating system. The digital car keys will become available on select Pixel and Samsung Galaxy phones later this year, according to Sameer Samat, VP of PM for Android & Google Play. The digital car key will be available in yet unnamed 2022 vehicle models, including ones made by BMW, and some 2021 models.

The digital key uses so-called Ultra Wideband (UWB) technology, a form of radio transmission for which the sensor can tell the direction of the signal, sort of like a tiny radar. This lets the antenna in your phone locate and identify objects equipped with UWB transmitters. By using UWB technology, the Android user will be able to lock and unlock their vehicle without taking their phone out. 

Image Credits: Google

Consumers who own car models that have enabled NFC technology, or near-field communication, will be able unlock their car by tapping their phone against the door. The phone communicates with an NFC reader in the user’s car, which is typically located within the door handle. Google said users will also be able to securely and remotely share their car key with friends and family if they need to borrow the car.

The announcement follows a similar move made by Apple last year that allowed users to add a digital car key to their iPhone or Apple Watch. That feature, which was part of iOS 14, works over NFC and first became available in the 2021 BMW 5 Series.

A growing number of automakers have developed their own apps, which can also control certain functions such as remote locking and unlocking. The big benefit, in Google’s and likely Apple’s view, is that by offering the digital car key in its mobile operating system, users don’t have to download an app.

The intent is for a less clunky experience. And there’s a movement to make it even more seamless. The Car Connectivity Consortium, which Apple, Google, Samsung along with automakers BMW, GM, Honda, Hyundai and Volkswagen are members of, have spent the past several years creating an underlying agreement to make it easier to work in a seamless way and to standardize a digital key solution.

The development of the digital car key is just part of Google’s push to ensure the smartphone is the centerpiece of consumers’ lives. And it’s a goal that can’t be achieved without including vehicles.

“When purchasing a phone these days, we’re buying not only a phone, but also an entire ecosystem of devices that are all expected to work together — such as TVs, laptops, cars and wearables like smartwatches or fitness tracker, Google’s vp of engineering Erik Kay wrote in a blog post accompanying the announcement during the event. “In North America, the average person now has around eight connected devices, and by 2022, this is predicted to grow to 13 connected devices.”

Google said it is expanding its “fast pair” feature, which lets users pair their devices via Bluetooth with a single tap, to other products, including vehicles. To date, consumers have used “fast pair” more than 36 million times to connect their Android phones with Bluetooth accessories, including Sony, Microsoft, JBL, Philips, Google and many other popular brands, according to Kay.

The feature will be rolled out to more devices in the coming months, including Beats headphones as well as cars from BMW and Ford, Sameer Samat, VP of PM for Android & Google Play said during Google I/O.

News: After closing Fitbit acquisition, Google is going big with Wear OS

• May 18, 2021
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For years, Wear OS has been, at best, something of a dark horse among Google operating systems. It’s certainly not for lack of partnership or investment, but for whatever reason, the company has never really stuck the landing with its wearable operating system. It’s a category in which Apple has been utterly dominant for some

For years, Wear OS has been, at best, something of a dark horse among Google operating systems. It’s certainly not for lack of partnership or investment, but for whatever reason, the company has never really stuck the landing with its wearable operating system.

It’s a category in which Apple has been utterly dominant for some time. Google has largely failed to chip away at that market, in spite of enlisting some of the biggest names in consumer electronics as partners. Figures from Strategy Analytics classify Wear OS among the “others” category.

Google’s strategy is, once again, the result of partnerships – or, more precisely, partnerships combined with acquisitions. At the top of the list is an “if you can’t beat ‘em, join em’” approach to Samsung’s longstanding preference for open-source Tizen. It seemed like one of the stranger plays in the category, but building out its own version of Tizen has proven a winning strategy for the company, which trails only Apple in the category.

During today’s I/O keynote, the company company revealed a new partnership with Samsung, “combining the best of Wear OS and Tizen.” We’re still waiting to see how that will play out, but it will be fascinating watching two big players combine forces to take on Apple. You come at the king, you best not miss, to quote a popular prestige television program. On the developer side, this seems to allude to the ability to create joint apps for both platforms, as third-party app selection has been a sticking point for both.

The other big change sheds some more light on precisely why the company was interested in Fitbit. Sure the company was a wearables leader that dominated fitness bands and eventually created its own solid smartwatches (courtesy of, among other things, its own acquisition of Pebble), but health is really the key here.

Image Credits: Google

Health monitoring has become the dominant conversation around wearables in recent years, and Google’s acquisition seems to be, above all, about integrating that information. “[A] world-class health and fitness service from Fitbit is coming to the platform,” the company noted. Beyond adding Fitbit’s well-loved tracking features, the company will also be integrated Wear features into Google’s hardware, working to blur the line between the two companies.

“Health and fitness tracking is essential for wearables,” Google notes in a blog post. “With the latest Wear update, we welcome Fitbit’s many years of health expertise to the experience. The best of Fitbit, including features like tracking your health progress throughout your day and on-wrist goal celebrations, will motivate you on your journey to better health.”

The consumer-facing experience has been revamped here, as well. Apps like Calm, Sleep Cycle and Flo are getting their own tiles, while shortcuts are now accessible from anywhere. A number of Google’s own apps are getting a refresh, as well, including Maps, Assistant and Pay, the latter of which is rolling out to an additional 26 countries — adding to the 11 currently available. Later this year, the company will also be introducing a Watch version of the YouTube Music app.

The aforementioned updates are set to arrive later this year.

News: Google and Samsung are teaming up to take on Apple’s watchOS

• May 18, 2021
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With a long-standing history of working together on the mobile side, it’s always been a bit of surprise that Samsung hasn’t had much patience for Google’s wearables play. The hardware giant had flirted with Android Wear in the past, but for the last several years, it’s been invested in building out its own version of

With a long-standing history of working together on the mobile side, it’s always been a bit of surprise that Samsung hasn’t had much patience for Google’s wearables play. The hardware giant had flirted with Android Wear in the past, but for the last several years, it’s been invested in building out its own version of open-source operating system, Tizen.

Today, both companies announced a partnership featuring a “unified platform” between the two some time competitors. The goal of the deal is to essentially create a way for devs to build apps for both Wear OS and Tizen at once. The deal makes sense from that perspective. Third-party apps have been something of a sticking point for both companies.

Even more to the point, it’s an opportunity for two smaller players in the space to join forces and take on Apple, which has been utterly dominant in the smartwatch category, more or less since the first Apple Watch arrived.

Wear OS has already gone through a number of cycles, including a big rebrand from Android OS a while back, but nothing has really stuck over the years, leaving the wearable operating as something of an also-ran. For now, at least, this is far from a full-throated embrace of Wear OS on Samsung’s part and appears to be something more akin to an “the enemy of my enemy situation.” Along with developing a unified API, the companies are joining forces to pluck the best from each operating system, including longer battery life — perhaps the largest hurdle facing smartwatches at the moment.

“We know that health and wellness are at the forefront of consumers’ minds, and we’re excited to continue building the industry-leading health experience on our new unified platform with Google,” Samsung company said in a blog post. “As our consumers turn to wearable technology to monitor their wellbeing, we’re meeting these needs head on. By creating world-class health technology, we hope to elevate how users approach to their wellbeing, and enable them to make positive changes in their everyday lives.

Samsung added that the next version of the Galaxy Watch will be the first to leverage this partnership, but offered little additional information on the hardware front. I’d anticipate big news on the Wear OS front in the next year. If nothing else, the company’s acquisition of Google is a sign that it’s ready to go for broke with the platform.

News: Google offers the best look yet at Android 12

• May 18, 2021
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The one-dozenth versions of Android has been something of an odd duck. The latest version of Google’s mobile operating was announced back in February, and a beta version is already available to developers. But up to now, we’ve known glancingly little about how the final version of Android 12 will actually look. Fittingly, the new

The one-dozenth versions of Android has been something of an odd duck. The latest version of Google’s mobile operating was announced back in February, and a beta version is already available to developers. But up to now, we’ve known glancingly little about how the final version of Android 12 will actually look. Fittingly, the new version looks to be delivering one of the biggest design updates in recent memory. The news arrives as Google is announcing that there are now more than 3 billion Android devices currently in use.

The company unveiled Material You, a new cross-platform adaptable UI designed to give users more control over how their operating systems work. Among other things, that means that the content can be tailored to different design languages on the phones themselves. The feature will arrive first on Pixel phones this fall and will roll out to additional devices from there.

Per Google,

The notification shade is more intuitive and playful, with a crisp, at-a-glance view of your app notifications, whatever you’re currently listening to or watching, and Quick Settings that let you control practically the entire operating system with a swipe and a tap. The Quick Settings space doesn’t just look and feel different. It’s been rebuilt to include Google Pay and Home Controls, while still allowing for customization so you can have everything you need most in one easy-to-access place.

Android 12 will be the first to get the redesigned UI and widgets, along with other design elements. The company is calling it “the biggest design change to Android in years.” The updates include across the board refreshes to things including the lock screen and wallpaper, which uses a variety of algorithms to offer an ever-adapting color palette. The operative word here seems to be “dynamic,” as different elements and widgets adapt to things like the time of day.

Along with ever-changing design, Google is also touting adapting security features with this latest update. The list includes new indicators for access to the microphone and camera — permissions that can be revoked directly from the operating system’s dashboard. The Private Compute Core, meanwhile, offers access to things like Smart Reply, based on the user’s personal setting. That information is isolated from the network, while the computing happens directly on the device itself.

Android handsets will also work more closely with ChromeOS going forward, including the ability to use the mobile device to log directly into a Chromebook, as well as cross platform notifications.

The new beta is available starting today. Google is promising more updates in the near feature to what appears to be the largest update to the mobile operating system in recent memory. The final version is set to arrive in the fall.

News: Android now powers 3B devices

• May 18, 2021
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Google’s Android operating system is now running on 3 billion active devices, Google announced at its (virtual) I/O developer conference today. In a briefing before today’s event, the company also noted that there were 250 million active tablets running Android last year, which is likely a larger number than some expected, but which explains Google’s

Google’s Android operating system is now running on 3 billion active devices, Google announced at its (virtual) I/O developer conference today. In a briefing before today’s event, the company also noted that there were 250 million active tablets running Android last year, which is likely a larger number than some expected, but which explains Google’s increased focus on these large-screen devices at I/O this year.

Traditionally, Google shares new device stats at I/O, but since it canceled the event last year, we didn’t get an update for 2020. The most recent number Google provided was 2.5 billion active devices in May 2019. That was up from 2 billion devices in 2017, so at least for the time being, this growth rate of about 500 million new devices every two years continues to remain true.

In comparison, Apple in January announced that it has an install base of 1 billion iPhones and that there are now a total of 1.65 billion active devices in its ecosystem, up from 1.5 billion devices a year before (this last number includes all active Apple devices, though).

News: Beta Technologies adds $368 million in Series A funding for its electric aviation ecosystem

• May 18, 2021
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Electric aviation startup Beta Technologies closed a $368 million Series A funding round on Tuesday, with investments from Amazon’s Climate Pledge Fund. The new capital is the second round of funding announced by the company this year, after the company raised $143 million in private capital in March. The funding round was led by Fidelity

Electric aviation startup Beta Technologies closed a $368 million Series A funding round on Tuesday, with investments from Amazon’s Climate Pledge Fund. The new capital is the second round of funding announced by the company this year, after the company raised $143 million in private capital in March.

The funding round was led by Fidelity Management & Research Company with undisclosed additions from Amazon’s Climate Pledge Fund, a $2 billion fund established in September 2019 to advance the development of sustainable technologies. The Climate Pledge fund has also made contributions toward electric vehicle manufacturer Rivian, battery recycler Redwood Materials and ZeroAvia, a hydrogen fuel cell aviation company.

The company’s valuation is now at $1.4 billion, CNBC reported, putting it in a small circle of electric vertical take-off and landing (eVTOL) companies to have achieved valuations at over a billion dollars.

Unlike developers Joby Aviation and Archer Aviation, who have each also achieved valuations over the billion-dollar mark, Beta is not primarily focused on air taxis. Instead, it’s been targeting defense applications, cargo delivery, and medical logistics, as well as building out its network of rapid-charging systems in the northeast U.S. Its debut aircraft, the ALIA-250c, was built to serve these various solutions by being capable of carrying six people or a pilot and 1,500 pounds.

The Vermont-based startup has already scored major partnerships in all of these industries, including with United Therapeutics to transport synthetic organs for human transplant; UPS, who purchased 10 ALIA aircraft with the option of buying 140 more; and the U.S. Air Force.

The company has not entirely ignored passenger transportation, however, announcing last month a partnership with Blade Urban Air Mobility for five aircraft to be delivered in 2024.

Beta was the first company to be awarded airworthiness approval from the U.S. Air Force. The company expects to sign a contract in June with the Air Force to allow access to Beta’s aircraft and flight simulators in Washington, D.C. and Springfield, Ohio. However, it still must achieve certification with the Federal Aviation Administration.

The funds will be used to refine the ALIA’s electric propulsion system and controls, as well as to build out manufacturing space, including expanding its footprint in Vermont on land at the Burlington International Airport, the company said in a news release Tuesday.

News: Commission-free trading app Stake secures $30M from Tiger Global to expand into Europe

• May 18, 2021
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Commission-free trading app Stake, which is available in UK, Brazil and New Zealand, has raised $30 million from Tiger Global and partners of London-based DST Global to expand into Europe. Matt Leibowitz, Founder and CEO, Stake said: “We’re really excited to get to this point but it’s just the start. We set out to change

Commission-free trading app Stake, which is available in UK, Brazil and New Zealand, has raised $30 million from Tiger Global and partners of London-based DST Global to expand into Europe.

Matt Leibowitz, Founder and CEO, Stake said: “We’re really excited to get to this point but it’s just the start. We set out to change the game for retail investors and were self-funded for the first four years of our journey. We’ve proven the model and now have the chance to expand our product and bring our zero-brokerage service to more retail investors.”

Since launching in the UK in early 2020, Stake claims to have grown its total customer base more than six times over, with 25% month-on-month customer growth on average and hitting over 330,000 customers globally.

It was the first to offer commission-free access to the US market in Australia, offering retail investors access to over 4,400 US stocks & ETFs without a brokerage fee.

In the UK it competes with eToro, Libertex, Fineco, Plus500 and IG, among others.

News: Google Photos update adds new Memories and a Locked Folder, previews Cinematic moments

• May 18, 2021
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Google announced a series of upgrades to its Google Photos service, used by over a billion users, at today’s Google I/O developer event, which was virtually streamed this year due to Covid. The company is rolling out Locked Folders, new types of photo “Memories” for reminiscing over past events, as well as a new feature

Google announced a series of upgrades to its Google Photos service, used by over a billion users, at today’s Google I/O developer event, which was virtually streamed this year due to Covid. The company is rolling out Locked Folders, new types of photo “Memories” for reminiscing over past events, as well as a new feature called “Cinematic moments” that will animate a series of static photos, among other updates.

Today, Google Photos stores over 4 trillion photos and videos, but the majority of those are never viewed. To change that, Google has been developing A.I.-powered features to help its users reflect on meaningful moments from their lives. With Memories, launched in 2019, Google Photos is able to resurface photos and videos focused on people, activities, and hobbies as well as recent highlights from the week prior.

At Google I/O, the company announced it’s adding a new type of Memory, which it’s calling “little patterns.” Using machine learning, little patterns looks for a set of three or more photos with similarities, like shape or color, which it then highlights as a pattern for you.

Image Credits: Google

For example, when one of Google’s engineers traveled the world with their favorite orange backpack, Google Photos was able to identify a pattern where that backpack was featured in photos from around the globe. But patterns may also be as simple family photos that are often snapped in the same room with an identifiable piece of furniture, like the living room couch. On their own, these photos may not seem like much, but when they’re combined over time, they can produce some interesting compilations.

Google will also be adding Best of Month Memories and Trip highlights to the your photo grid, which you’ll now be able to remove or rename, as well as Memories featuring events you celebrate, like birthdays or holidays. These events will be identified based on a combination of factors, Google says. This includes by identifying objects in the photos — like a birthday cake or a Hanukkah menorah, for example — as well as by matching up the date of the photo with known holidays.

Image Credits: Google

Best of Month and Trip highlight Memories will start to roll out today and will be found in the photo grid itself. Later this year, you’ll begin to see Memories related to the events and moments you celebrate.

Image Credits: Google

Another forthcoming addition is Cinematic Moments, which is somewhat reminiscent of the “deep nostalgia” technology from MyHeritage that went viral earlier this year, as users animated the photos of long-past loved ones. Except in Google’s case, it’s not taking an old photo and bringing it to life, it’s stitching together a series of photos to create a sense of action and movement.

Google explains that, often, people will take multiple photos of the same moment in order to get one “good” image they can share. This is especially true when trying to capture something in motion — like a small child or a pet who can’t sit still.

Image Credits: Google

These new Cinematic moments build on the Cinematic photos feature Google launched in December 2020, which uses machine learning to create vivid, 3D version of your photos. Using computational photography and neural networks to stitch together a series of near-identical photos, Google Photos will be able to create vivid, moving images by filling in the gaps in between your photos to create new frames. This feature doesn’t have a launch date at this time.

Of course, not all past moments are worthy of revisiting for a variety of reasons. While Google already offered tools to hide certain photos and time periods from your Memories, it’s continuing to add new controls and, later this summer, will make it easier to access its existing toolset. One key area of focus has been working with the transgender community, who have said that revisiting their old photos can be painful.

Soon, users will also be able to remove a single photo from a Memory, remove their Best of Month Memories, and rename and remove Memories based on the events they celebrate, too.

Image Credits: Google

Another useful addition to Google Photos is the new Locked Folder, which is simply a passcode-protected space for private photos. Many users automatically sync their phone’s photos to Google’s cloud, but then want to pull up photos to show to others through the app on their phone or even their connected TV. That can be difficult if their galleries are filled with private photos, of course.

Image Credits: Google

This particular feature will launch first on Pixel devices, where users will have the option to save photos and videos directly from their Camera to the Locked folder. Other Android devices will get the update later in the year.