ArcticStartup’s Post

Cutler Knupp, Haskell Vice President of Strategy & Technology Investment, recently helped judge the inaugural Hitachi Construction Machinery Challenge. The program received proposals from 127 startups that fit three themes:    In “Construction Planning,” Sodex Innovations emerged from the pack with its product that turns operators into surveyors by equipping machines with laser scanners and cameras. By giving the machines “digital eyes,” the operators can capture terrain in real-time and keep track of progress without stopping operations for a survey.    Teleo won in “Revolutionize Equipment: Information, Interface & Autonomy” with its brand-agnostic solution that allows the operators to control multiple machines simultaneously from a remote environment out of the elements and away from dangerous conditions.      In “Transform Fleet Management,” Veristart won with its solution for preventing machinery theft by providing fleet managers control of their equipment via a cloud application, mobile application and hardware. Machine operators receive an electronic key on their smartphone to start the machine.      Kaustubh Pandya Satish Padmanabhan Hamzah Shanbari Leah Royalty Jorge Tubella Brad Slappey   #Innovation #Startups #Technology #HaskellAEC Read more: https://lnkd.in/e_8Ck8w6 

The eight winners of the Construction Startup Competition 2024: ✔️ MIXTERESTING (Austria): Mixteresting’s software accelerates the development of CO2-efficient concrete mixes by up to ten times, optimizing for higher margins and reducing emissions by up to 20% through digital simulation. ✔️ revitalyze (Austria): revitalyze offers an innovative solution to reduce construction waste by efficiently matching reusable demolition materials with demand from building manufacturers, streamlining inventory analysis and promoting sustainability. ✔️ Kraaft (France): Kraaft bridges communication gaps between field and office teams using chat-based, construction-focused modules that semi-automate data structuring, serving over 15,000 active users across Europe and North America. ✔️ Sodex Innovations (Austria): Sodex Innovations installs cutting-edge surveying hardware on construction machines, providing real-time digital twins of sites, thereby reducing manual work, enhancing transparency, and supporting project management. ✔️ Trunk Tools (United States): Trunk Tools’ AI platform automates workflows and enhances construction productivity by structuring unstructured data, with features like TrunkText that give field workers instant access to project insights. ✔️ Kaya AI (United States): Kaya AI’s platform mitigates supply chain risks by using project data to provide realistic lead times and a centralized view of supply chain activities, enhancing project coordination and efficiency. ✔️ Raise Robotics (United States): Raise Robotics develops autonomous robots for high-precision fastening in construction, improving safety and efficiency, with current deployments focused on installing facade brackets. ✔️ GScan (Estonia): GScan leverages cosmic ray technology to scan deep into infrastructure like bridges and tunnels, creating accurate 3D models that help reduce renovation costs and extend asset lifecycles without added risk. Visit CEMEX Ventures for the full story: https://lnkd.in/dYhtGV9y #contech #startups #competition #winnters #aecbusiness

The eight winners of the Construction Startup Competition 2024: ✔️ MIXTERESTING (Austria): Mixteresting’s software accelerates the development of CO2-efficient concrete mixes by up to ten times, optimizing for higher margins and reducing emissions by up to 20% through digital simulation. ✔️ revitalyze (Austria): revitalyze offers an innovative solution to reduce construction waste by efficiently matching reusable demolition materials with demand from building manufacturers, streamlining inventory analysis and promoting sustainability. ✔️ Kraaft (France): Kraaft bridges communication gaps between field and office teams using chat-based, construction-focused modules that semi-automate data structuring, serving over 15,000 active users across Europe and North America. ✔️ Sodex Innovations (Austria): Sodex Innovations installs cutting-edge surveying hardware on construction machines, providing real-time digital twins of sites, thereby reducing manual work, enhancing transparency, and supporting project management. ✔️ Trunk Tools (United States): Trunk Tools’ AI platform automates workflows and enhances construction productivity by structuring unstructured data, with features like TrunkText that give field workers instant access to project insights. ✔️ Kaya AI (United States): Kaya AI’s platform mitigates supply chain risks by using project data to provide realistic lead times and a centralized view of supply chain activities, enhancing project coordination and efficiency. ✔️ Raise Robotics (United States): Raise Robotics develops autonomous robots for high-precision fastening in construction, improving safety and efficiency, with current deployments focused on installing facade brackets. ✔️ GScan (Estonia): GScan leverages cosmic ray technology to scan deep into infrastructure like bridges and tunnels, creating accurate 3D models that help reduce renovation costs and extend asset lifecycles without added risk. Visit CEMEX Ventures for the full story: https://lnkd.in/dbSJdt2Y #contech #startups #competition #winnters #aecbusiness

Exciting news from Vancouver-based startup Miru as they secure $27.4M CAD in Series A financing to bring their innovative electrochromic windows to market by 2025! 🌍💡 These smart windows promise to revolutionize the transportation and architectural sectors by controlling heat gain and glare, significantly reducing energy consumption. With this new funding, Miru is on track to make a major impact on energy efficiency in buildings and electric vehicles. What are your thoughts on this game-changing technology? Share your opinions in the comments below! 👇 #Tech #Innovation #Sustainability #Startup #CleanTech #GreenEnergy #CanadaNews

This is Liter of Light 🫠 Believe it or not, millions of homes worldwide use this lovely and straightforward technology. The plastic bottle that serves as a bulb was invented by Brazilian inventor Alfred Moser in 2002, after many blackouts in Brazil. However, the bulb was actually adopted in the Philippines—in 2011 alone, it adopted 140.000 homes. Currently, they also provide solar technologies - it didn't stay at bottles 💪 ----------- Follow Michal Ukropec for more 3D, digitization, and Industry 4.0 trends | #innovation #startup #digitaltwin

𝐀𝐈𝐂 𝐓-𝐇𝐮𝐛 𝐔𝐧𝐯𝐞𝐢𝐥𝐬 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐚𝐫𝐲 𝐌𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐂𝐨𝐡𝐨𝐫𝐭 𝐭𝐨 𝐃𝐫𝐢𝐯𝐞 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚’𝐬 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 @AIC T-Hub, in collaboration with Atal Incubation Centre- BIMTECH, has launched a mobility cohort to foster innovation in India’s automotive industry. This partnership aims to support startups focusing on electric vehicle (EV) technology, battery advancements, and shared mobility solutions. Selected startups will receive mentorship, investor connections, and market testing opportunities over a three-month program. The initiative also plans to establish an EV lab and collaborate with industry giants to enhance innovation and market reach. Read more at: https://lnkd.in/g7TyVJWu #ev #evnews #evindia #electricvehicle #lithiumionbattery #battery #evindustry

STAC has established an investment fund and partnered with The National Robotarium to support Scotland's next generation of “smart things” entrepreneurs.   The launch of the STAC Invest Syndicate - a platform to connect investors with ambitious, high-growth potential tech companies to realise market opportunities in robotics, drones, mobile devices, edge computing, advanced materials, and artificial intelligence (AI) - will make investments of around £150,000 each into a select number of STAC’s 5th cohort of companies. STAC 5 commences in early December, with applications for entry to the latest cohort of 15 companies open on 14th October.   STAC CEO Paul Wilson said: “The investment fund is a significant step forward in our mission to develop scaled, internationally competitive startups. When you look at the best accelerators around the globe - names such as Y Combinator, Techstars, Plug and Play - they recognise that investment is a key component of tech scaling, and that combining mentorship with investment leads to improved investor returns.” “We are thrilled with the response of the investor community to get involved in STAC Invest Syndicate. With our international best practice mentorship programme and fully equipped co-working space we will fuel and equip our startups to create market-leading technology businesses.”   The partnership between STAC and the National Robotarium, the UK’s centre for robotics and AI and part of the Data-Driven Innovation Initiative and Edinburgh and South-East Scotland City Region Deal, will combine resources to offer robot and autonomous systems startups enhanced acceleration support across Scotland, and within the co-working spaces at STAC’s thebeyond Glasgow facility and the National Robotarium’s facility in Edinburgh. Paul Wilson said: “The National Robotarium will bring expert robotic engineering support to further boost STAC’s capabilities in smart and connected products. The partnership made perfect sense, and at the core is our shared mission to position Scotland as a centre of excellence in smart things, IoT technologies, and robotics.”   Stewart Miller, CEO at the National Robotarium, said: “Our partnership with STAC represents a significant step forward in positioning Scotland as a centre of excellence in smart things, IoT technologies, and robotics. The robotics revolution is upon us, with the global market expected to reach $283 billion by 2032 and, by combining our expertise in robotics and AI with STAC's capabilities in smart and connected products, we're creating a powerful ecosystem for innovation." “This collaboration will not only drive economic growth but also address critical challenges in sectors like healthcare, energy, and manufacturing. Together, we're ensuring that Scotland, and indeed the UK, becomes an active producer in the global robotics revolution, rather than just a passive bystander.”

Auto components and powertrain controls manufacturer SEDEMAC has secured $100 million funding at a valuation of $230 million, led by Xponentia Capital Partners, A91 Partners, and 360 ONE Asset. SEDEMAC plans to use the additional funding to construct a new #manufacturing facility and increase its market share in the US, EU, and India. Founded in 2007 by Shashikanth Suryanarayanan, Sedemac Mechatronics a supplier of various electrical and electronic parts for automobiles. To share your startup story write us on - startup@viestories.com #sedemac #startup #funding

🚀 Innovation Alert for Composite Materials Startups! 🚀 Mercedes-Benz AG-Benz is accelerating its commitment to composite materials, as showcased at JEC World. They’re pushing the boundaries of what's possible in automotive technology, and they’re calling on startups to join this journey! If you’re innovating in the composite materials space, now’s your chance to be part of something big. The Startup Booster at JEC World is the perfect platform for groundbreaking ideas and cutting-edge solutions to shine. 🌍 Interested in how Mercedes-Benz is transforming the industry? Dive into the full story here and see why this is the perfect moment for startups to step up. 💡 🔗 https://lnkd.in/eZtUxJVK If you’re pioneering in composites, don’t miss the chance to showcase your innovations. Apply to the Startup Booster by October 28 and put your startup in the spotlight at JEC World. 🌍 https://lnkd.in/eKsWD5Ri #Innovation #CompositeMaterials #MercedesBenz #JECWorld #StartupBooster #AutomotiveTech #Sustainability #FutureMaterials Thanks Sesamers for the interview 🫶