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Posts Tagged ‘manufacturing’

Volkswagen and Autodesk turned a vintage Microbus into a tech design showcase

Volkswagen and Autodesk teamed up to celebrate the 20th anniversary of one of the automaker’s biggest R&D facilities with an iconic vintage VW Microbus that looks retro on the outside but packs a ton of tech on the inside, including an electric powertrain and significant weight savings afforded through use of ‘generative design.’ That’s the ...

Apple Sans Ive

Well, this has been interesting. After almost 30 years with Apple, Jony Ive is leaving, to found his own firm LoveFrom with his friend and frequent collaborator Marc Newson — also leaving Apple. The response to this news has been predictably histrionic from Apple watchers and press. The narratives, to summarize, are essentially that: Jony ...

EV startup Lucid Motors snaps up Tesla’s former production executive

Lucid Motors, the electric vehicle startup backed by Saudi Arabia’s sovereign wealth fund, has hired Peter Hochholdinger to head up manufacturing operations just a week after news leaked the automotive executive had left a similar post at Tesla. Hochholdinger, was an executive at Audi for more than two decades before joining Tesla as its top ...

Pavegen, which harvests energy and data from footsteps, secures crowd and Hinduja Group funding

Pavegen, a UK startup which harvests energy from people’s footsteps and also tracks that data, has raised £2.6m on its crowdfunding push having doubled its initial £950k target. The campaign secured funds from over 1,400 investors, including partnership and anchor investment from major global engineering conglomerate Hinduja Group and family investment firm Tamar Capital. The ...

South African SME finance startup Lulalend raises $6.5M Series A

South African digital lender Lulalend has raised a $6.5 million Series A round co-led by IFC and Quona Capital. The Cape Town based startup uses an online application process and internal credit metrics to provide short-term loans to small and medium sized businesses that are often unable to obtain working capital. Lulalend will use the ...

Early-bird pricing ends tonight for TC Sessions: Mobility 2019

The robotaxi’s blowin’ its horn and zooming autonomously down the home stretch. At 11:59 p.m. (PT) on June 21 — that’s tonight, people — we hit the brakes on early-bird pricing for TC Sessions: Mobility 2019. Don’t miss your chance to join us in San Jose, Calif. on July 10 and save a smooth $100. ...

Microsoft and Oracle link up their clouds

Microsoft and Oracle announced a new alliance today that will see the two companies directly connect their clouds over a direct network connection so that their users can then move workloads and data seamlessly between the two. This alliance goes a bit beyond just basic direct connectivity and also includes identity interoperability. This kind of ...

Ori Living partners with IKEA to bring robotic furniture to customers by 2020

Welcome to the robotic bedroom of the future, coming in 2020 to tiny apartments beginning in Hong Kong and Japan, but expanding around the world. IKEA is now selling robotic furniture that can convert from a storage and seating unit into a bed and closet and back again. The new line of furniture, based on ...

Tempo Automation raises $45M Series C for its turnkey circuit board manufacturing solution

Tempo Automation, a San Francisco-based startup that helps shorten the time from prototype to production for electronics manufacturers, announced today that it has raised a $45 million Series C led by returning investor Point72 Ventures. The round also includes new investor Lockheed Martin and existing investors Lux Capital and Uncork Capital. The company’s turnkey solution ...

Crowned by Burger King, meat replacement company Impossible Foods raises $300 million

After being crowned by Burger King as the first meat replacement patty to roll out nationally with one of the largest fast food chains, Impossible Foods has raised $300 million in capital. The financing brings the company’s total equity raise to $750 million — and provides a sizable pool of funds to draw from as ...