Tech Startup News for 01-31-2018

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10 EU automotive tech startups driving change in the industry

Israeli company Mobileye – which develops driver-safety tech solutions and supplies technology for self-driving cars – was recently valued at about $8.4 billion after debuting on the New York Stock Exchange. With the big news, we thought it would be appropriate to put a spotlight on emerging automotive tech projects coming out of the European tech ecosystem. Headquarters: London, UK. Gist: Carwow started as “a research site making car choosing easy” but has since shifted to helping users with the whole car-buying process. Gist: Tech startup High Mobility, founded in 2013, wants to change the way people interact with their cars. Gist: Founded by Patryk and Anna Szymczak, Cloud Your Car offers a tool for small businesses to monitor and manage company cars for small businesses. The startup, which launched its core product Car Beacon earlier this month, has received about $435,000 in funding. Gist: Didn’t think cars could “Speak” to each other? Think again. Gist: MyBus, a startup spun off from the Technische Universit├Ąt Berlin and currently part of Startupbootcamp’s Smart Transportation & Energy programme, offers a cloud-based fleet management and passenger information system for public transportation. Headquarters: London, UK. Gist: ClickMechanic, which participated in seed investment programme Entrepreneur First in 2012, is an online marketplace aiming to connect consumers with car mechanics. Gist: While not exactly a startup, we thought this tech project, which was partially funded by the European Union and involves a consortium of companies, was worth noting. Harken is a project developing sensors to be used to detect driver fatigue and thus prevent fatigue-induced car accidents. Any particularly interesting European automotive tech startups we missed? Let us know.

Keywords: [“car”,”Gist”,”startup”]
Source: http://tech.eu/features/2462/automotive-tech-startups-europe

Europe’s hottest startup capitals: London

Here are the 100 companies causing the greatest buzz, according to the local commentators, investors and entrepreneurs we surveyed. LONDON “London is on top of its game,” says Joanna Shields, CEO of the government’s Tech City initiative. A number of high-growth companies were snapped up in the first half of 2013, including Summly and Mendeley, acquired by Yahoo! respectively and Reed Elsevier. The app has been downloaded over 15 million times and was the best-selling Android app globally in 2012. The company has been licensing its technology to manufacturers and it estimates it will be embedded in 100 million devices by the end of 2013. 22-25 Finsbury Square, EC2A 1DX.Fintech startup GoCardless allows users to tap into the direct-debit network, usually reserved for utility companies and mobile operators. “We set out to blend toys with games.We make toys our customers can personalise through games and apps, then their toy is locally 3D-printed. Each toy is unique, and ‘born digital’,” explains founder Alice Taylor. Founded by four ex-Googlers, the company says it has doubled revenues in 2012. 20 Broadwick Street, W1F 8HT.DueDil’s free-to-access database brings together a wide range of company info – including Companies House data and credit ratings – in a simple interface. Users can search for accounts, shareholders and company directors. The company was founded by New Yorker Damian Kimmelman, who says the company, whose user base has grown around 20 per cent per month, is “Close to turning a profit”. Hailo Cab.Somerset House, WC2R 1LA.Hailo Cab’s mobile taxi-hailing app Hailo launched in London in November 2011 and is now used by more than 13,500 London cabbies – around half – and has been downloaded by 250,000 potential passengers.

Keywords: [“company”,”million”,”toy”]
Source: http://www.wired.co.uk/article/london

Startup Professionals Musings

As a business advisor, one of the things I see most often as a drag to productivity and growth is employees who, despite their best efforts, can’t change things that they know are hurting the company. Perhaps you remember as well when the norm in business was a no return policy, or one size fits all, or getting support meant waiting hours on the phone to reach an unhelpful and unhappy employee. If these still exist in your organization, they are huge red flags and you can be certain that you are losing your best employees as well as customers. You need to hear first-hand what is working well, and what is not delighting customers. Plan to redesign and realign employee teams every quarter. Don’t let your team get stuck in the “Way we have always done things.” New perspectives are invigorating for the team, as well as for your customers. New and better technology is becoming available every day to present dashboards and metrics to show how well processes and empowerment are working, assess workload backlogs, and capture customer feedback and satisfaction. Identify team champions to drive initiatives and processes. Employees who have the respect of other team members, and have shown more motivation, are typically more effective than managers in driving new processes, and identifying areas that need tuning or change. The reality is that customer and employee expectations have changed, and your competitors have stepped up to the demands for positive experiences. Of course, every successful business is about achieving the right balance between costs and returns, as well as keeping up with marketplace demands. So while you must continue to strive for repeatable processes, it’s time to recognize that your customers are now much more empowered, and you must do the same for your team.

Keywords: [“customer”,”team”,”well”]
Source: http://blog.startupprofessionals.com

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Tech Startup News for 01-30-2018

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CIOs Play a Big Role in Technology Startups

This type of activity isn’t limited to big cities anymore. City officials also want local tech startups to locate or stay put in Murrieta – rather than leaving for greener pastures to the north or south. That’s why Murrieta is taking the novel step of renovating its old city hall building and will offer it as $1 rental space to about four tech startups. The idea is the same as any other business incubator: help the little guy until he’s big enough to return the favor to the city. Murrieta is one of the fastest-growing cities in California, and in 2009 was also ranked the second safest U.S. city with more than 100,000 residents. The city’s leaders hope that these attributes – and a bit of assistance in the form of cheap office space – will be enough to retain the area’s local tech startups. Gallup CEO Jim Clifton outlined in his book, The Coming Jobs War, the type of cities that will create jobs and wealth in the future, and Murrieta is the poster child for that kind of city, McAllister said. Repairs to the old city hall building, which cost about $10,000, would have been done regardless of startups moving in, Coleman said. The space isn’t a good fit for private rental, he said, so the city decided to make the best of the situation and find promising startups to move in instead of leaving the building to rot. This is especially true in big cities like Louisville, Ky., and Chicago. Startup Weekend doesn’t usually focus on government, but last fall the organization held education-focused programs in several cities, which led to a $250,000 grant from the Bill and Melinda Gates Foundation. Evanston, Ill., decided in February to continue funding the local nonprofit incubator Technology Innovation Center, despite some controversy that the city was funding companies that were simply leaving after finding success.

Keywords: [“City”,”Startup”,”government”]
Source: http://www.govtech.com/pcio/CIOs-Play-a-Big-Role-in-Technology-Startups.html

Startup Weekend Copenhagen Health

Startup Weekend is a global grassroots movement of active and empowered entrepreneurs who are learning the basics of founding startups and launching successful ventures. The non-profit organization is headquartered in Seattle, Washington but Startup Weekend organizers and facilitators can be found in over 200 cities around the world. From Mongolia to South Africa to London to Brazil, people around the globe are coming together for weekend long workshops to pitch ideas, form teams, and start companies. All Startup Weekend events follow the same basic model: anyone is welcome to pitch their startup idea and receive feedback from their peers. The weekends culminate with presentations in front of local entrepreneurial leaders with another opportunity for critical feedback. If you want to put yourself in the shoes of an entrepreneur, register now for the best weekend of your life! You are part of a Startup Weekend dream team if you are curious about health solutions, business, developing, creating, innovating and networking. It’s a great experience for everyone, but if you have a business idea, this is your chance to go ahead with it and form an awesome team! Alternatively if you are simply passionate about becoming an entrepreneur, but have no idea, you can come and join someone’s else team! It’s all about the start-up spirit! Enjoy good food for a whole weekend – for next to no money. This Startup Weekend puts the spotlight on Health because it offers both huge challenges in our society as well as great business potentials. Our goal is to bring together the healthcare community, designers, IT-profiles and entrepreneurs to facilitate the formation of new ideas. If you know how you would like to improve the current Danish healthcare system, come to Copenhagen Startup Weekend Health register now and let us look into your ideas together.

Keywords: [“Weekend”,”idea”,”Startup”]
Source: http://copenhagenhealth.startupweekend.org

Los Angeles EDU Startup Weekend

Welcome to the Los Angeles Startup Weekend EDU! Unlike traditional Startup Weekend events, we have created a fourth crucial participant category: EDUCATOR. It is our goal to listen to the real problems teachers and other school leaders face in order to cultivate the best educational innovations. Hackathons produce products or features; Startup Weekend EDUs cultivate new ventures. So what does the weekend look like? Friday night is all about networking and pitching. Those with an idea who are brave enough will stand in front of 120 strangers and give a 1-minute elevator pitch to the crowd. Teams form organically around the most compelling pitches, and then spend the next 48 hours hacking away on your product and business plan. Saturday and Sunday are work days – you and your team validate the problem, market, and customer, ideate and iterate relentlessly, and prototype your team’s solution. While a small web app or other interactive deliverable is ideal, example final products include promotional websites, mock-ups, or anything else that would convince an audience that your product is viable, compelling, and worth developing further. Seasoned startup veterans will scrutinize MVPs to evaluate your chances of real world success, and the most promising product will win its team a grab bag of great tools to launch your company. Startup Weekend EDU can only help you start your dream. Announcement: A special prize will be awarded by our Platinum Sponsor, the Kapor Center for Social Impact, to the top team that builds an application designed to teach low income, minority students about tech career opportunities. The first place winner will receive up to $2500 in team development and a pitch training session with Kapor Capital, its in-house venture capital group. Runners-up will receive a pitch training session with Kapor Capital.

Keywords: [“team”,”product”,”Startup”]
Source: http://laedu.startupweekend.org

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Tech Startup News for 01-29-2018

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Startup Weekend Harare

Startup Weekend is a global grassroots movement of active and empowered entrepreneurs who are learning the basics of founding startups and launching successful ventures. The non-profit organization is headquartered in Seattle, Washington but Startup Weekend organizers and facilitators can be found in over 200 cities around the world. All Startup Weekend events follow the same basic model: anyone is welcome to pitch their startup idea and receive feedback from their peers. Zimbabwe will host its first Startup Weekend event from May 16 – 18th at new tech venue, Hypercube Hub in an initiative designed to encourage the development and support of new tech ideas. Startup Weekend is funded by Google for Entrepreneurs and is a global platform for aspiring entrepreneurs. Startup Weekend has hosted over 1,000 events in over 110 different countries to date, reaching over 100,000 entrepreneurs and creating 13,000 Startup teams. The theme of Zimbabwe’s inaugural Startup Weekend is, “No Limits”. Zimbabwe’s first Startup Weekend will follow a standard Startup Weekend format. Prior to Zimbabwe’s first ever Startup Weekend, a preparatory Boot Camp will take place on May 10th open to all registered participants to refine their pitches, identify open source and other technologies, and connect with would-be customers to validate their ideas before the main event. The Boot Camp will feature experts in business and intellectual property law to discuss the advantages and disadvantages of collaborating on ideas in an “Open IP” environment such as Startup Weekend, and general advice on taking on risk and accepting set-backs in entrepreneurial endeavours. Startup Weekend is organized by Hypercube and Mercy Corps with sponsorship from local and global tech companies. This venue with its tech-forward ethos, is a perfect fit for leading the first Startup Weekend in Harare, bringing together space and resources for participants to brainstorm and develop tech-enabled ideas.

Keywords: [“Weekend”,”Startup”,”idea”]
Source: http://harare.startupweekend.org

100 Career Launching Technology Companies

Getting equity in a mid-size, high-growth company is one of the best ways to launch your technology career and perhaps generate some wealth in the process. We are proud to announce Wealthfront’s list of 100 Career Launching Technology Companies, an integral part of our first eBook. Compiled through a survey of top venture capitalists, all meet our criteria of being mid-size high-growth companies. We believe these are the companies that will generate the greatest career opportunities and the most significant potential for equity wealth in the near future. Specifically we sought out private companies we think are on a rapid growth trajectory and that are likely to continue that growth for at least a few years and that have revenues of at least $20 million but no more than $300 million. The list includes some very familiar and well-covered names including DropBox, Box, and AirBnb but it likely includes at least 10 companies that you’ve never heard of. Within the list you will find a brief description of the company’s mission and its location as well as a link to the website of each, all conveniently aggregated in one spot. An interesting facet of the trend this year is that 60% of the companies on the list are building enterprise – rather than consumer products. There are even five companies dedicated to building payments products including Boku, Square, Braintree, Stripe, and Trialpay. As you might expect many of the companies are located in Silicon Valley and the San Francisco Bay Area but other technology hubs are represented including New York, Boston, and Los Angeles. The list is part of Wealthfront’s 2013 Silicon Valley Career Guide, written by our founder and CEO, Andy Rachleff. We believe that Andy’s 30+ years of experience – all of it spent working with entrepreneurs and technology companies – adds up to plenty of valuable and actionable career advice.

Keywords: [“company”,”career”,”Wealthfront”]
Source: https://blog.wealthfront.com/hot-start-up-technology-companies

Startup unveils 16-lens camera

A new camera company has unveiled a look at how it seeks to harness the power of technology to further digitally disrupt the consumer camera business. The Palo Alto, Calif.-based company says that its L16 camera condenses the same zoom and picture quality as several interchangeable analog lenses for DSLR cameras into a pocket-sized device. The company’s co-founder, CTO Rajiv Laroia, says that he made a breakthrough in his studies to create a so-called computational camera. In an interview with FoxNews.com before Light’s launch announcement Wednesday, Grannan explained the camera zooms from 35 mm to 150 mm and features 16 lenses, with 10 of them firing at multiple focal lengths simultaneously for any given picture you shoot to create one single image of up to 52 megapixels. Grannan says the real breakthrough is “The technology’s radical reduction in size, cost, and weight” versus both DSLR cameras and the mirrorless camera category. They point to a multitude of surveys they conducted asking camera owners if they own DSLR or interchangeable lens cameras. Analysts say the hardest proposition for the camera technology company is selling consumers on “Why” they have to buy it. The improved technology in cell phone cameras is a double-edged sword for Light and other camera makers. “As a consumer, I’m required to carry two things in my pocket, my phone and a camera. Historically that has been a challenge,” notes Scott Peterson, a camera industry analyst with analyst firm gap intelligence. Whether it’s a waking light for the standalone camera or truly twilight remains to be seen. “We have aspirations to go beyond cameras and cell phones and into other verticals,” said Light’s Grannan. Grannan says the first camera will only shoot video from one camera module at a time but it will be 4K quality with optical zoom up to 150 mm.

Keywords: [“camera”,”Light”,”technology”]
Source: http://www.foxnews.com/tech/2015/10/08/startup-unveils-16-lens-camera.html

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Tech Startup News for 01-28-2018

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Startups, This Is How Design Works

Graphic Design This is a term that describes an array of different kinds of designers. Graphic design is typically rendered in 2D – printed on a physical surface or displayed on a screen. Print Design A type of graphic designer that works exclusively with print media. Some examples include web apps like Facebook and Pinterest, mobile apps like Tweetbot, and operating systems like OS X. While graphic design is meant to be observed, interaction design helps humans experience or manipulate software or interface with screen-based hardware in order to achieve specific goals – checking email, withdrawing money from an ATM, or “Liking” a webpage. “Interaction design is heavily focused on satisfying the needs and desires of the people who will use the product.” 5. User Interface Design User Interface design is the design of software or websites with the focus on the user’s experience and interaction. The goal of user interface design is to make the user’s interaction as simple and efficient as possible. Good user interface design puts emphasis on goals and completing tasks, and good UI design never draws more attention to itself than enforcing user goals. “The design process must balance technical functionality and visual elements to create a system that is not only operational but also usable and adaptable to changing user needs.” 7. User Experience Design User Experience design “Incorporates aspects of psychology, anthropology, sociology, computer science, graphic design, industrial design and cognitive science. Depending on the purpose of the product, UX may also involve content design disciplines such as communication design, instructional design, or game design.” 8. The goal of UX design is to create a seamless, simple, and useful interaction between a user and a product, whether it be hardware or software. As with UI design, user experience design focuses on creating interactions designed to meet or assist a user’s goals and needs.

Keywords: [“Design”,”User”,”print”]
Source: https://startupsthisishowdesignworks.com

Tech Startups

“After four and a half intense and wonderful years as CEO of Groupon, I’ve decided that I’d like to spend more time with my family. Just kidding – I was fired today. If you’re wondering why… you haven’t been paying attention. From controversial metrics in our S1 to our material weakness to two quarters of missing our own expectations and a stock price that’s hovering around one quarter of our listing price, the events of the last year and a half speak for themselves. As CEO, I am accountable.” After four and a half intense and wonderful years as CEO of Groupon, I’ve decided that I’d like to spend more time with my family. If you’re wondering why… you haven’t been paying attention. From controversial metrics in our S1 to our material weakness to two quarters of missing our own expectations and a stock price that’s hovering around one quarter of our listing price, the events of the last year and a half speak for themselves. You are doing amazing things at Groupon, and you deserve the outside world to give you a second chance. The board is aligned behind the strategy we’ve shared over the last few months, and I’ve never seen you working together more effectively as a global company – it’s time to give Groupon a relief valve from the public noise. For those who are concerned about me, please don’t be – I love Groupon, and I’m terribly proud of what we’ve created. I’m OK with having failed at this part of the journey. If Groupon was Battletoads, it would be like I made it all the way to the Terra Tubes without dying on my first ever play through. I am so lucky to have had the opportunity to take the company this far with all of you. I’ll now take some time to decompress, and then maybe I’ll figure out how to channel this experience into something productive. This leadership change gives you some breathing room to break bad habits and deliver sustainable customer happiness – don’t waste the opportunity!

Keywords: [“Groupon”,”year”,”price”]
Source: http://techstartups.blogspot.com

25 Internet Startups That Bombed Miserably

If the Internet could speak with one voice, it would probably groan “Oh, not again!” That’s because every raving success story about Internet startups is tempered by dozens more that crashed and burned in a sea of wasted money, bad ideas, or unfulfilled hype. The list below celebrates not the failure of these companies, but presents us with a conservative reminder of a not-so-distant past and the lessons we can learn from it. It had all the elements of a tear-jerking fall from grace: company is started by childhood friends. Throw in the obligatory theft of company technology and the departure of a crucial partner, and you’ve got all the ingredients for a storybook startup failure. No one asking didn’t stop customers from answering as lack of demand for Flooz plunged the company into bankruptcy in 2001. Amazingly, Beenz raised $80 million over four rounds of venture funding, more than double what Flooz raised for the same, no-demand idea. Unlike Flooz Beenz had the good sense to pull the plug before going under. Once Flooz announced that they were cutting their losses, Beenz followed suit by giving its customers a “Spend your Beenz in 10 days or lose ’em” ultimatum. As C/Net writes, the “Collapse of a high-profile trailblazer such as Beenz shows that the Old Economy credit card companies have probably won the online shopping battle.” WebVan’s deadly mistake was, as one Harvard professor wrote, “Managing the company from the fiftieth floor when you only have a one-story building.” By creating a mammoth, $1 billion infrastructure of high-tech warehouses across the U.S., WebVan squandered the $375 million it raised at IPO on growth that its revenue simply could not justify. The mere idea of an online toy retailer was enough to propel the company to a $166 million IPO in May of 1999. By February 2001 the company’s outrageous spending in spite of revenues had caught up to it, sending its stock to an appalling low of 9 cents per share.

Keywords: [“company”,”Flooz”,”Beenz”]
Source: http://www.businesspundit.com/25-internet-startups-that-bombed-miserably

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Tech Startup News for 01-27-2018

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Re-live Startup Day!

11:10 Sydney Lai, Head of Business: AudacyHow to build hard sh!t – from space startups to virtual reality. 11:50 Elina Berglund Scherwitzl, Co-Founder: Natural CyclesFail to give up- the power of tenacity in groundbreaking research and building a startup. 12:40 Lunch Break Activity: The Pitch Pit, an open-mic-style pitching track with a spontaneous chance to listen to other pitches, then a spontaneous chance to pitch your idea or startup, and then a chance to spontaneously judge others! Experience the full circle of the Pitch Pit. 14:00 Niklas Laninge, Founder: Daily bits ofThree dysfunctions of a startup. 17:10 George Gachara, Co-Director: The NestRole of arts and creativity as a progressive enabler for startups. 11:30 Pre Pitch Pit WorkshopOne hour Pitching Workshop with the best pitching coaches from Slush, SUP46, STING and Wave Ventures! Good pitching takes good practice – prepare for the Pitch Pit! Learn how to write and structure your pitch and train how to pitch on a real stage before you meet the jury! Joining the workshop does not mean you have to join the Pitch Pit. 12:40 SSES Skills Workshop: Sell Early, Sell LeanIn a fast-paced entrepreneurial landscape, you need the tools and knowledge to reach customers and sell products, early. 13:50 SSES Skills Talk: Intro to Online MarketingSkills learned in this talk: Basic knowledge of online marketing and online marketing strategies. Learn how to take a strategic approach to paid and unpaid marketing and to choose the right marketing channels based on your type of business. Learn how to reason around ad creative, video ads and understand the mechanics of virality. 15:00 -17:30 The Castle Lecture and HangoutJesper Lindmarker & Daniel Brooks – Next stage organizationsA 45 min lecture on individual and organisational development, participatory culture and building a Castle next to the royal castle that disrupts our view of what work life is. 13:40 Jesper Ericsson, Director of Sales and Marketing: BioLaminaBuilding for the better of mankind – the stem cell revolution.

Keywords: [“Pitch”,”marketing”,”Pit”]
Source: http://www.startupday.se

Global Startup Ecosystem Map

StartupBlink is a global map of startup ecosystems, that shows you the state of startups in each corner of the world! On the map, the numbers represent the amount of entities in each location, and the colors change accordingly. At the heart of StartupBlink is a constantly updated, global directory of Startups, Coworking Spaces, Investors, Tech Reporters, and the biggest Startup Organisations in the world. We’re on a mission to build the world’s largest research hub for startup ecosystems all over the world. We use all the data gathered in our database is used to rank cities and countries all over the world, on the strength of their startup ecosystems. Take a look at the table below to see which cities and countries rank the highest in the world! Find Startups to Partner With: Looking for startups to invest in, collaborate with, or simply curious to see the state of startups in the world? Are you looking to find startups in your niche or industry? Start here. Find A Coworking Space: Need a coworking space for yourself or your team? Need to find a great space so you can work on the go? Check out this massive list of the best coworking spaces around the globe. Find Investors: Looking for investors to give your startup that initial boost? Pick from Accelerators and Investors from all over the world. Get Involved in Your Local Startup Ecosystem: Want to help your local startup ecosystem grow? Our Community Leaders Program is perfect for you! Join hundreds of community leaders all over the world, in organising startup meetups, networking with like-minded entrepreneurs, and helping your local startup ecosystem thrive! Start Networking Like a Pro: Are you looking to connect with entrepreneurs while travelling? Or do you wish to see the state of startups and coworking in a particular place? StartupBlink has got you covered on all these counts! See at a glance which startups are thriving, which are the best coworking spaces and who are the startups influencers you can connect with in a country or city of your choice!

Keywords: [“startup”,”world”,”Ecosystem”]
Source: http://www.startupblink.com

For hardware startups, it’s getting less hard

When most people think of a Silicon Valley startup trying to make a hardware product – a real, physical object instead of just an app or a website – a crowdfunding campaign on Kickstarter for some new gadget might be the first scenario that comes to mind. For years, hardware startups throughout the tech industry struggled in part because they’re often shoehorned into a one-size-fits-all business model. The hardest hurdle was often the first: Any company hoping to manufacture hardware had to be well known, established and have a lot of money. To bring its product to market, GoTenna decided not to use crowdfunding sites like Kickstarter or Indiegogo, or rely on a so-called hardware accelerator, a startup lab of sorts that mentors entrepreneurs in exchange for equity. Hardware startups are finding they don’t have to go to China or follow the typical strategy that companies ranging from smartwatch maker Pebble to iPhone maker Apple have used for years. A few high-profile companies have failed in the past several years, in part because they weren’t able to navigate the complex world of manufacturing and supply chain management. The company’s products didn’t meet expectations, and its relationship with its Chinese manufacturing partner quickly soured. “With software, you can push out a new update,” said Scott Miller, CEO of Dragon Innovation, which helps companies, including Pebble, manage and scale their manufacturing. Getting a product out the door isn’t just a challenge for small startups or crowdfunded projects. Established companies regularly run into issues making hardware products. While a growing army of consultants, along with affordable software, rapid-prototyping tools and other technologies, have made it simpler to create hardware products, it’s still not easy to bring a device from a sketch on a notepad to a customer’s front door. Chipmaker Flextronics, which makes products for Apple and Microsoft, in 2013 began offering Lab IX, a service that connects startups with manufacturing partners.

Keywords: [“company”,”product”,”manufacture”]
Source: https://www.cnet.com/news/for-hardware-startups-its-getting-less-hard

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