Please help us choose one of these 2 options

Hey there! We are a team of 3 young individuals who are competing in a contest and would really like you to help us decide which of these two options are better.

Imagine you’re an investor…

What would be a bigger invention?

The first option:

– A frog habitat, that helps frogs from extinction and reduces malaria infections (less mosquitoes, yeyyy)

The second option:

– A watch that contacts the nearest hospital in case of emergency or accident and also has other health-related functions.

Help us decide with a short poll answer!

http://www.strawpoll.me/20267182

We really appreciate all the feedback!

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Zoom now the most valuable of all these 5 tech giants to file IPO in 2020

The COVID-19 pandemic is wreaking havoc on the global economy! While a large number of businesses are staring at unprecedented losses due to the situation prevailing, few have reached peak growth! As the government across the world has placed its citizens under lockdown, video conferencing app downloads soared to a record high, especially Zoom. 

Zoom: 169% growth from the previous year!

Founded 9 years ago by Chinese-American businessman Eric Yuan, Zoom has reported revenue growth of a huge 169% from the previous year in its first-quarter earnings report with total revenue of $ 328.2 million (approx €290 million). Furthermore, the company has around 265,400 customers with more than 10 employees, a number that’s grown 354%.

Eric S. Yuan, Founder and Chief Executive Officer of Zoom said: “We were humbled by the accelerated adoption of the Zoom platform around the globe in Q1. The COVID-19 crisis has driven higher demand for distributed, face-to-face interactions and collaboration using Zoom. Use cases have grown rapidly as people integrated Zoom into their work, learning, and personal lives. I am proud of our Zoom employees who dedicated themselves to support customers and the global community during this crisis. With their tremendous efforts, we were able to provide high-quality video services to new and existing customers.”

Expects revenue of around $ 1.8 billion!

It’s worth mentioning that the company’s gross margin fell in the quarter, compared to its last year from 80% to 68%. Moving ahead, Zoom expects total revenue to be between $ 495 million (approx €436 million) and $ 500 million (approx €441 million) in the second quarter. For the full fiscal year, Zoom anticipates revenue around $ 1.7 billion (approx €1.5 billion) and $ 1.8 billion (approx €1.6 billion). This revenue outlook takes into consideration the demand for remote work solutions for businesses. 

Eric S. Yuan, said: “We also supported an unprecedented number of free participants, including over 100,000 K-12 schools around the globe that chose Zoom to deliver the best online education experience.” Notably, the company has added 175,000 licenses for new customers as well. However, the company didn’t mention anything about total daily/monthly active users on the platform.” 

Worth €42 billion!

Eric Yuan also suggested that the company has no plans to start building out a consumer-specific product beyond the free calling experience it already offers. All said and done, the valuation of video platform Zoom rose at rocket speed in a short time. Right now, Zoom is worth $ 48.8 billion (approx 42 billion), more than some of the companies listed below, which are expected to file IPO in 2020! 

Airbnb

Valuation: €27 billion

Based out of San Francisco, Airbnb is an online community marketplace for people to book accommodation around the world. This platform acts as the easiest way for people to monetise their extra space and showcase it to an audience of millions. The company has a satellite office in Dublin, London, Barcelona, Paris, Milan, Copenhagen, Berlin, Moscow, São Paulo, Sydney, and Singapore.

Deliveroo

Valuation: €1.76 billion

Founded by Greg Orlowski and William Shu in 2012, Deliveroo is an online food delivery platform that allows users to order food from local restaurants. The company is on a mission to transform the way the world thinks about food delivery.

Beyond Meat

Valuation: €1.32 billion

The company is on a mission to create the future of protein including delicious plant-based burgers, beef, sausage, crumbles, and more from animal to plant-based meat. According to the company, this will address four growing global issues: human health, climate change, constraints on natural resources, and animal welfare.

WeWork

Valuation: €2.5 billion

WeWork is a commercial real estate company that provides shared workspaces for technology startups and services for other enterprises. This platform helps eliminate a big point of friction when it comes to finding office spaces and negotiating with landlords.

Gitlab

Valuation: €2.4 billion

Based out of San Francisco, GitLab is an open-source code collaboration platform that enables developers to create, review, and deploy codebases.

Main image credit: Zoom

Stay tuned to Silicon Canals for more European technology news

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Startups – Silicon Canals

[Tovala in The Wall Street Journal] Our Habits Have Changed. These Gadgets Are Proof.

Many pre-pandemic activities seem exotic now: cramming myself onto a bus, sweating in a packed spin class, splitting an entree at a restaurant, dancing shoulder-to-shoulder at a large, joyous wedding reception.

Read more here.

The post [Tovala in The Wall Street Journal] Our Habits Have Changed. These Gadgets Are Proof. appeared first on OurCrowd.

OurCrowd

Where are founders living these days in the Bay Area?

I'm a recent college graduate and a startup founder who has moved to the Bay Area and who wants to live in a neighborhood where other startup founders live these days. Which neighborhoods are startup founders living these days? Unfortunately classic places to start a startup like California Ave and University Ave have become too expensive for founders looking to reach ramen profitability.

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Coronavirus: How will airports be safe again? These European startups are trying to find the answers

In the past few months, many things across the world have changed. With the outbreak of the pandemic, the always bustling airport terminals have become eerily empty. But now some countries across Europe have begun to ease lockdown measures and border restrictions and to prepare for the return of domestic and international tourists.

While airports are gearing up to take travellers to the skies once again, there are major challenges that airlines face including social distancing, health checkups and more to prevent the travel hubs and terminals from becoming potential breeding grounds of the virus. To help combat this situation, a handful of startups in Europe and also globally have come up with some innovative technologies such as electronic bag tags, tracking of people and baggage flow, contactless biometrics, etc. to curb the spread of the virus. Consequently, we take a look at what kind of solutions these tech startups are offering to the airports of the world.

Picture credits: BAGTAG

BAGTAG – Electronic bag tag solution (The Netherlands)

Founder/s: Erik Harkes
Founded year: 2014
Funding: NA

Dutch startup BAGTAG from Amsterdam was founded with the intention to introduce the world’s first flexible and secure ‘electronic bag tag’ solution. The company works with leading airlines including Lufthansa Group and claims to be a leader in the electronic bag tag market. With this solution, BAGTAG intends to avoid crowding and queuing at the airports.

Its Electronic Bag Tags (EBTs) have a lot of benefits that help in curbing COVID-19 spread such as reduced check-in staff, cost-saving opportunities for airlines, no need for physical touchpoints, opportunity to handle four-times more bags each hour, more space in the terminal, improved efficiency and effective social distancing.

Picture credits: Xovis

Xovis – A passenger contagion map (Switzerland)

Founder/s: Christian Studer, David Studer, Markus Herrli
Founded year: 2009
Funding: NA

The Swiss startup believes tracking crowd movements through a passenger contagion map, as well as identifying contagious groups at an early stage, will be two powerful tools that airports can actively use to ensure they will be compliant with post-COVID19 travel regulations, and can give returning travellers some peace of mind. The company believes that physical distancing will be a key challenge for airports to deal with once passenger numbers increase again over the coming weeks.

Christian Studer, Co-Founder and Chief Product Officer of Xovis explains: “Using a high-precision people flow monitoring system is the most effective way for airports to ensure physical distancing regulations are met. The whitepaper builds the foundation for implementing exactly this, while protecting airport workers from unnecessary risks and maintaining passenger experience levels.”

“We’ve been helping airports for a decade to manage crowds with our 3D stereovision sensors. We’re glad that our unparallel accuracy and privacy compliant solution can now be adapted to serve new use cases that have emerged recently,” adds Florian Eggenschwiler, Xovis’ Managing Director Airports.

Xovis claims to be the world’s leading provider of people flow solutions. So far, the company has deployed over 100,000 high-accuracy 3D sensors across a wide-range of industries. Nearly 100 airports as well as retail system integrators, and numerous other industries around the globe rely on Xovis solutions.

Picture credits: Dassault Systèmes

Dassault Systèmes – 3D modeling technology (France)

Founder/s: Charles Edelstenne
Founded year: 1981
Funding: NA

Dassault Systèmes’ is using 3D modeling technology to fight COVID-19. The startup’s virtual twin’s simulation capabilities enable airport teams to perform virtual testing to rule out situations in times of COVID-19. The company’s virtual twins can transform the way airports can prepare and recover post the pandemic and restore confidence among passengers. The company utilised its SIMULIA XFLOW simulation capabilities to stimulate virus contamination and diffusion in the hospital ventilation system and eliminate the negative impact caused by unplanned ventilation risks.

The company has extended the same to airports to create a safe environment for passengers. With its new virtual twin technology, it will help airports keep passengers safe, secure, and healthy. Airports can perform virtual testing and curb the spread among passengers.

Picture credits: Copenhagen Optimization

Copenhagen Optimization – Cloud-based planning solution (Denmark)

Founder/s: Anders Dohn, Kasper Hounsgaard
Founded year: 2014
Funding: €2.2 million

Copenhagen Optimization will put its BETTER AIRPORT platform, a cloud-based planning solution targeted at airport operations to effective use post-COVID-19. They have a forecast solution to manage baggage and passenger flow in real-time operation. They have worked with Heathrow Airport for the past two months to implement physical distancing. The airport condensed operations into two terminals to comply with the new regulations.

Picture credits: Acorel

Acorel – Passenger counting solutions (France)

Founder/s: NA
Founded year: 1989
Funding: NA

Acorel is recognised as one of the global leaders in automatic people counting solutions and people flow analysis. The company’s vision is to use passenger counting to provide a safe airport operation. It presented two technologies – LIDAR sensor and 3D stereoscopic sensors. Acorel’s solutions count people flow with high levels of accuracy and relies on detecting people’s position in real-time. This company’s solution helps provide trajectory analysis, real-time tracking, crowd density and heat mapping.

To deal with the social distancing norms due to the COVID-19 pandemic outbreak, Acorel provides turnkey Automatic Passenger Counting Solutions to help airports tackle the post-COVID-19 era challenges.

Picture credits: Amorph Systems

Amorph Systems – Real-time infection detection (Germany)

Founder/s: Karl-Heinz Frank, Frank Frauenhoffer
Founded year: 2013
Funding: NA

Amorph Systems specialises in the design and development of software within the scope of resource integration, data collection, transformation, visualisation, analysis and forecasting technologies. It teamed up with VANTIQ to help airports across the world address real-time operational requirements. Its new solution is a collaborative platform for real-time infection detection and containment for airports dubbed IDCS. This tech can track each passenger individually track to suspect passenger in the airport via a CCTV system and point the security or medical staff.

Picture credits: Vision-Box

Vision-Box – Seamless Flow Solutions (Portugal)

Founder/s: Bento Correia, Paulo Heleno
Founded year: 2001
Funding: €2.1 million

Vision-Box is targeted at improving the quality, efficiency, convenience, and security in travel and border control. It offers user-centric digital identity management solutions built on trusted biometric tokens. Vision-Box’s biometric offerings can minimise the risk of transmission at the airports and beyond. Its seamless flow solutions leverage facial biometrics and digital mobile ID apps that mark a new normal in the COVID-19 era as it calls out for touchless technology.

Stock photo from Ranta Images/Shutterstock

Stay tuned to Silicon Canals for more European technology news.

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Startups – Silicon Canals

Not all Chinese companies shun these letters in domains

It’s not a Chip, but it’s a good domain for this company.

Screenshot of ECVV.com

This Chinese company chose a domain that seems to go against the Chip principle.

If you are familiar with Chips (Chinese premium) domains, you probably wouldn’t think a Chinese company would use the domain ECVV.com.

According to the Chip principle, domains containing the letters a, e, i, o, u, or v are less valuable than domains without them. Based on this principle, ECVV.com is not great because it contains e and two v’s.

Yet, ECVV.com is the corporate domain of a Chinese company that has already received several rounds of funding from investors.

Founded in 2006, Yi Xi Wei Wei (伊西威威) operates a global marketplace for industrial products such as metal tools, office equipment, machine parts, and medical gears. Just a few weeks ago, it completed a Series B+ round.

Why did Yi Xi Wei Wei select ECVV.com? Well, ECVV rhymes with Yi Xi Wei Wei. In other words, ECVV sounds like Yi Xi Wei Wei when you say it in Chinese. The company has also secured ECVV.cn for brand protection.

There’s an exception to every rule, and this example shows that Chinese companies won’t rule out domains with so-called “bad letters”.

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Agritech responding to COVID-19: How these European startups are constantly innovating to increase food security

COVID-19 has sent waves of disruption all over the world affecting the lives of people in many ways. Supply chains have been disrupted thereby leaving an impact on the supply of essentials. Talking about the startup ecosystem, activities across startups were down drastically and business growth estimations are uncertain due to the economic recession caused by the pandemic.

However, agritech startups are constantly trying to succeed through the pandemic despite the challenges in the industry as the demand for food never ceases. New technologies and their adoption by EU farmers are key drivers in maintaining European agriculture competitive in a global world. At the same time, many agritech startups have managed to thrive through the casualties faced during the tough time of the crisis with the adoption of technology and intelligence.

These intelligent startups have come up with solutions related to farming and agriculture to tackle the COVID-19 on the agriculture industry. And, here we have selected some of these European agritech startups that are rising to the challenge and coming up with creative offerings.

Picture credits: Agrimetrics

Agrimetrics (London)

Founder/s: David Flanders, Richard Tiffin
Founded year: 2015
Funding: NA

The Reading-based agritech startup Agrimetrics claims that the COVID-19 pandemic has revealed the fragility of the global food system. The startup aims to improve the access to and integrability of data that is used by the agri-food sector.

Recently, Agrimetrics partnered with Aerospace giant Airbus to address the challenges in the food and farming sector with AI and satellite data. With Artificial Intelligence that is trained to analyse satellite imagery and Agrimetrics data, they can calculate water soil balance and plant water stress. This will help users develop accurate estimations of water balance in fields and decide when and where to irrigate.

Picture credits: WeFarm

Wefarm (UK)

Founder/s: Kenny Ewan
Founded year: 2015
Funding: €20.9 million

London-based WeFarm helps millions of farmers all over the world as they are crucial to the food supply chain. The agritech startup focuses on small-holdings farms and lets members text their queries. With Artificial Intelligence, it answers these questions and serves their needs.

WeFarm is an SMS-based social networking farm that is unique. It is the best way to reach farmers across the world sans internet access. During the pandemic outbreak, there is an increase in the demand for these farming inputs, especially in markets with limited movement.

Picture credits: Lettus Grow

Lettus Grow (Germany)

Founder/s: Ben Crowther, Charlie Guy, Jack Farmer
Founded year: 2015
Funding: €4.1 million

Agritech startup Lettus Grow fast-tracks the building of two vertical farm models in Bristol in an attempt to help feed communities during the COVID-19 pandemic. One of the firms started producing produce from mid-April and the other larger module will take place sometime in June.

Given that most of the operations of these vertical farms are automated, they can be run with just one person on-site at a time, thereby adhering to the social distancing norms during the COVID-19 outbreak. Eventually, food is produced with just a few people and these vertical farming modules can be deployed in any place with water supply and electricity.

Picture credits: Naïo Technologies

Naïo Technologies (France)

Founder/s: Aymeric Barthes, Gaëtan Séverac
Founded year: 2011
Funding: €19.9 million

Naïo Technologies, a French agritech startup is running its ‘Dino’ autonomous vegetable weeding robot in California. It is deployed on farms in several regions in California. Dino robot is designed to make vegetable weeding on large-scale vegetable farms easier. It works autonomously, thereby leaving more time for tasks.

Dino is touted to be the first completely autonomous electric robot to weed vegetable crops mechanically. During the COVID-19 outbreak, the robot can carry out work autonomously and help farmers follow social distancing norms without compromising on the safety of workers and farmers.

Picture credits: Plantix

Plantix (Germany)

Founder/s: Simone Strey, Robert Strey, Pierre Munzel, Charlotte Schumann, Alexander Kennepohl, Bianca Kummer, Korbinian Hartberger
Founded year: 2015
Funding: €12.2 million

Plantix tackles the issue of crop failure all over the world and helps increase yields. With its free app, users can take photos of their infected crop that are processed by its AI-driven image recognition software. The mobile app developed by PEAT diagnoses pest damage, nutrient deficiencies, and plant diseases and provides relative treatment measures. The mobile app offers farmers to receive support directly to their smartphones.

This Berlin-based startup secured €6.6 million Series A funding in late 2019 from RTP Global, Piton Capital and existing investors such as Index Ventures and Atlantic Labs. This fresh capital is claimed to be used to improve its AI-driven solution and providing a digital way to automate the diagnosis of plant diseases. It is already helping nearly one million farmers in India and is all set to expand into Vietnam and Indonesia.

Main image picture credits: Lettus Grow

Stay tuned to Silicon Canals for more European technology news

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Startups – Silicon Canals

You Can Advance Your Work From Enterprise With These Pointers

Yes it might sound great to be true to be true but what exactly is the issue when working online? Basically, in order to have a legitimate work from home, of course there are requirements. The great news is that the requirements are super easy and basic. First and foremost, you demand a laptop at home where you should use online. Second, you cannot simply go online without a trustworthy internet net connection. Thirdly and the most important requirement is yourself. How hard can that stay?

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Work From Their Own Home Business Idea – Become Massively Successful With These Concepts

So, just don’t go and quit your job until you fully exactly what it takes to telecommute. If you opt to go for the online world home business, here are my best three “work from home” guidance.

Hence earn money . worry you have to bear is whether or not your business will function. To make sure your business works, embark on the work from home enterprise model that the particular step-by-step proven system and have a strong team support that will help along your vacation to business success. Therefore, we express that you cannot fail in business, however only hand over.

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I’ve mentioned several reasons why you are starting a business from home, but really are a few some negative aspects. The most obvious disadvantage is generally there are no guarantees. Plus, you will need to work very hard and demands a lot of commitment. Running your business may require more hours than you may anticipate. As mentioned earlier, shortly need some coinage to start your small business. Needing cash is a good quality reason to get started whenever you have record unemployment, but business enterprise will need cash, potentially.

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I was talking to an old man many in the past about one if my harebrained business ideas while I at function. He said to me, “So you strive to be your own boss? ” I said “yes I do and at some point I will”.