The Internet of Things is a behemoth. IoT companies number nearly 3,000, employ 10 times that, and have created over $600 billion in value. But this behemoth is also mysterious, and, at times, confusing. So what exactly is IoT and who is involved? According John Koetsier, IoT analyst and advisor to ReadWrite Labs, IoT is… Read more »
To develop an idea into a business, incubation seems to be the new industry “normal.” There are thousands of incubators worldwide and each year that number is continuing to grow. There are private, public and corporate incubators, many with a distinct focus on local economies, global, communities, or a specific vertical. At this point, it… Read more »
Building a company today is not what it once was and the needs for founders have become a more dynamic and collaborative game. It’s no longer about the lone wolf in a garage building the next [insert your dream company here], instead, entrepreneurs that become successful are the one’s working with the community to define upfront… Read more »
ReadWrite sat down recently with Robinson Hernandez, Executive Director of the Urban Tech Hub at Grand Central Tech — an innovative workspace dedicated to smart cities technologies — to get his thoughts on the role of startups in government and how they can successfully navigate working with the public sector. ReadWrite: Tell us about yourself, your… Read more »
Chris Urmson, the former chief technology officer in charge of Google’s self-driving project, is reportedly preparing to launch a new company that will compete with Mountain View and others building autonomous transport systems. The self-driving guru, regarded as one of the three key people in the early stages of Google’s car project, left the company… Read more »
Samsung has unveiled six projects from its Creative Lab Projects (C-Lab) division, an in-house incubator program built to nurture employee projects. The six projects — Ahead, FITT360, Hum on!, ItsyWatch, LiCON, Waffle — may launch on a crowdfunding website or receive investment directly from Samsung. See Also: Can the smartwatch market recover from big declines?… Read more »
Four startups are set to join InnoCité MTL’s third cohort. This Montreal-based accelerator deals with building smart city solutions. Since launching, InnoCité MTL has chosen startups based on their relevance to the issues addressed by the six main programs of the Montreal Smart and Digital City 2016-2017 action plan. Those programs focus on public Wi-Fi, an… Read more »
The auto industry has seen a flurry of startups and private investment enter the market in the past five years, as cars become more connected, electric, and autonomous. Startups range from one man units to large teams, with some valuations exceeding $1 billion. But who are the startups? In a CB Insights report (infographic below),… Read more »
German conglomerate Siemens announced on Tuesday a new standalone startup unit dedicated to fostering “disruptive ideas more vigorously and accelerate the development of new technologies.” Siegfried Russwurm, Siemens chief technology officer, will be the acting head of the unit, named next47. It will receive €1 billion ($1.12 billion) in funding for the first five years.… Read more »
Publicis Groupe, one of the “big four” advertising agencies in the world, has revealed the 90 startups that won the Publicis90 global initiative at the Viva Technology Conference in Paris, France. The 90 winners will receive investment ranging from $11k to $554k alongside mentoring from the advertising giant. The jury that chose the 90 startups… Read more »
