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November 2020 Startup Digest: Top Startups on InnMind Platform

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November for InnMind Team was marked as one of the most productive and event-rich months of this year, bringing more than 600+ quality startups who joined InnMind platform from all over the world. In connection with our ongoing Retail Tech Open Call, in this startup digest edition we wanted to highlight some of the brightest technological solutions with use cases in the retail industry as well as startup teams behind them, who joined InnMind network in the previous month!

Totalctrl (Norway)

TotalCtrl is a leading B2B SaaS food waste prevention company that saves customers money and time by giving them TotalCtrl over inventory based on expiration dates. Their vision is to eliminate food waste throughout the entire value chain. TotalCtrl B2B SaaS product innovates food inventory by alerting customers to what items need attention, where to locate them and what actions to take to use/move products prior to expiration.

Vonzu (Spain)

VONZU is a last mile logistics management SaaS that integrates retailers and logistics operators to digitize and automate all last mile processes and operations. VONZU allows retailers to work as a “control tower” having total control over their deliveries regardless of the logistic operator performing the service.

Maze AR (USA)

Maze AR is a tech startup focused on revolutionizing the online apparel retail space through an innovative virtual-fitting experience. This enhancement in UX and UWTB can lead to boosting revenue. Users simulating a more accurate fit can diminish merchandise returns expenses and unsustainable shipping costs.

Locosoco (UK)

LocoSoco creates and introduces sustainable products and services in a way that creates shared wealth. They reward the partners with equity whilst earning equity in brands. They offer an online platform (myeco.site) for retailers, schools, places of worship and other businesses to sell eco-friendly products to their communities/network on a 50/50 profit share basis. Working with over 300 independent retailers they generate them revenue in store, online and through long term asset ownership.

Stylescan (USA)

StyleScan is the first company to offer 3D digital apparel and augmented try-on solutions to fashion brands. Cutting-edge 360° apparel preview and augmented try-on features enhance online shopping and boost consumer engagement. Their industry superior 3D renderings are the result of decades of machine learning and computer vision expertise achieved by our seasoned engineers. Stylescan algorithms are unique and proprietary to the company and have not been published in any scientific literature.

Saigroups (UK)

Saigroups can help retailers reduce theft in their stores and save $1m for every $1b in sales with very little effort or investment. SAI group has a machine vision based software solution that works through store CCTV cameras to detect theft both at checkout and in store. On the checkouts, they use their software to count and identify items as they are being scanned and match that against scan data from the POS. In doing so, they can identify at source, items that are leaving the store without billing.

Orquest (Spain)

ORQUEST is a workforce management scheduling software based on cutting edge algorithms, advance analytics and artificial intelligence designed specifically for the retail industry and fast food. ORQUEST has a disruptive approach that impacts businesses by increasing sales through improved customer service and staff productivity in physical stores and restaurants.

Proppos (Spain)

PROPPOS is an A.I company based in Barcelona specialized in food recognition using computer vision algorithms. Its mission is to offer high added value solutions to food service industry. The first solution, is an intelligent self-checkout, powered by A.I, that is able to recognize any kind of product and charge it automatically.

Warden Automation (Spain)

Warden Retail helps retailers to maximize the profitability of their floorspace by providing actionable insights on audience profile, exposure time, and behavioural patterns. Their solution leverages pre-installed CCTV and IP cameras, Artificial Intelligence and Cloud Computing to generate data about visitors, their gender and age, visiting patterns and emotional response to marketing signals. The data is conveniently aggregated and compiled in visual analytics available for navigation using any device. Security alerts about unauthorized access in defined spaces and time intervals are also available and configurable within the system.

InnMind is a #1 in Europe digital ecosystem for tech startups, Venture Capitalists and Corporates. InnMind PRO Members get exclusive access to online events such as the recent revenue generation workshop with Anton Antich and his exclusive materials, Shark Tank VC Pitching Sessions, Startup Bootcamps, free deals from AWS, IBM, Zendesk and Hubspot, and an opportunity to connect with potential clients and investors, as well as receive many benefits from InnMind partners. Create a startup profile here and upgrade your status to become a PRO member!


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Source: https://blog.innmind.com/november-2020-startup-digest-top-startups-on-innmind-platform/

Start Ups

Panopto acquires Ensemble Video to bolster enterprise video management platform

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(Panopto Image)

Seattle-based enterprise video platform Panopto has acquired Syracuse, N.Y.-based Ensemble Video, which also operates a platform to help customers manage and publish video content.

Ensemble launched in 2005 after a group of Syracuse University employees came up with a new way to manage video content for the institution. It mainly works with K-12, higher education, and enterprise customers.

Panopto, founded in 2007, first targeted universities that wanted a way to capture, store, stream, and sort through videos of lectures. It later found demand in enterprise video content management — organizations ranging from financial institutions to appliance manufacturers that wanted a way to manage videos and slides for training, events, sales, marketing, and more.

Panopto said its annual recurring revenue increased more than 40% in 2020. The company’s ARR is now $50 million. Panopto CEO Eric Burns said “the use of on-demand video for communication and learning has grown rapidly over the last year.”

Ensemble customers will migrate to Panopto later this year; for now the companies will remain separate brands and platforms. Terms of the deal were not disclosed. The companies declined to provide details about employee counts.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.geekwire.com/2021/panopto-acquires-ensemble-video-bolster-enterprise-video-management-platform/

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Medical device startup Nanodropper raises $1.4M for eye drop bottle adapter

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(Nanodropper Photo)

Nanodropper, a medical device startup founded by University of Washington and Seattle University grads, announced a $1.4 million seed round this week. The company makes an FDA-approved adapter for eye drop bottles that reduces the size of eye drops to save money and medication.

Co-founders Allisa Song, Elias Baker, Mackenzie Andrews, and Jennifer Steger were inspired to solve the problem outlined in a 2017 article by ProPublica about how larger-than-necessary eyedrops were increasing costs for glaucoma patients. Eyedroppers often deliver more medication than the eye can physically absorb, and the Nanodropper reduces the size of drops by a quarter or more.

Golden Seeds, an investment firm focused on women-led businesses, Rochester Area Economic Development, Inc., Austin Area Angels, and the Seattle-based Alliance of Angels participated in the seed round.

Nanodropper was founded in Seattle; two of its co-founders are still based in the city. The company is now headquartered in Rochester, Minn. Song, Nanodropper’s CEO, is pursuing her MD at the Mayo Clinic Alix School of Medicine, which is located in Rochester.

Founded in 2018, Nanodropper previously raised funding from the UW Hollomon Health Innovation Challenge, grants, and angel investors. The startup also landed two contracts with the U.S. Air Force worth roughly $550,000.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.geekwire.com/2021/medical-device-startup-nanodropper-raises-1-4m-eye-drop-bottle-adapter/

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Start Ups

Medical device startup Nanodropper raises $1.4M for eye drop bottle adapter

Avatar

Published

on

(Nanodropper Photo)

Nanodropper, a medical device startup founded by University of Washington and Seattle University grads, announced a $1.4 million seed round this week. The company makes an FDA-approved adapter for eye drop bottles that reduces the size of eye drops to save money and medication.

Co-founders Allisa Song, Elias Baker, Mackenzie Andrews, and Jennifer Steger were inspired to solve the problem outlined in a 2017 article by ProPublica about how larger-than-necessary eyedrops were increasing costs for glaucoma patients. Eyedroppers often deliver more medication than the eye can physically absorb, and the Nanodropper reduces the size of drops by a quarter or more.

Golden Seeds, an investment firm focused on women-led businesses, Rochester Area Economic Development, Inc., Austin Area Angels, and the Seattle-based Alliance of Angels participated in the seed round.

Nanodropper was founded in Seattle; two of its co-founders are still based in the city. The company is now headquartered in Rochester, Minn. Song, Nanodropper’s CEO, is pursuing her MD at the Mayo Clinic Alix School of Medicine, which is located in Rochester.

Founded in 2018, Nanodropper previously raised funding from the UW Hollomon Health Innovation Challenge, grants, and angel investors. The startup also landed two contracts with the U.S. Air Force worth roughly $550,000.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.geekwire.com/2021/medical-device-startup-nanodropper-raises-1-4m-eye-drop-bottle-adapter/

Continue Reading

Start Ups

Medical device startup Nanodropper raises $1.4M for eye drop bottle adapter

Avatar

Published

on

(Nanodropper Photo)

Nanodropper, a medical device startup founded by University of Washington and Seattle University grads, announced a $1.4 million seed round this week. The company makes an FDA-approved adapter for eye drop bottles that reduces the size of eye drops to save money and medication.

Co-founders Allisa Song, Elias Baker, Mackenzie Andrews, and Jennifer Steger were inspired to solve the problem outlined in a 2017 article by ProPublica about how larger-than-necessary eyedrops were increasing costs for glaucoma patients. Eyedroppers often deliver more medication than the eye can physically absorb, and the Nanodropper reduces the size of drops by a quarter or more.

Golden Seeds, an investment firm focused on women-led businesses, Rochester Area Economic Development, Inc., Austin Area Angels, and the Seattle-based Alliance of Angels participated in the seed round.

Nanodropper was founded in Seattle; two of its co-founders are still based in the city. The company is now headquartered in Rochester, Minn. Song, Nanodropper’s CEO, is pursuing her MD at the Mayo Clinic Alix School of Medicine, which is located in Rochester.

Founded in 2018, Nanodropper previously raised funding from the UW Hollomon Health Innovation Challenge, grants, and angel investors. The startup also landed two contracts with the U.S. Air Force worth roughly $550,000.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.geekwire.com/2021/medical-device-startup-nanodropper-raises-1-4m-eye-drop-bottle-adapter/

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