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With several million compounds to choose from, chemists often must resort to intuition when trying to solve complex problems around chemical processes. US multinational Dow Chemical was working with a pulp and paper manufacturer to improve inefficiencies in its chemical process with a goal of producing a better, safer pulp yield.
AMP Robotics , a Denver, Colorado-based startup creating robotic systems that can automatically sort recyclable material, today announced that it extended its Series C round to $99 million, thanks to an investment from Microsoft’s Climate Innovation Fund. That’s up from $91 million when the round closed in November. from Caltech.
Upcycling polyethylene (the normal ubiquitous plastic we are all familiar with) into high-value plastics that can compete with “virgin” plastic (meaning plastics made directly from petro-chemicals) is a fiendish problem to solve. Novoloop is setting out to transform plastic waste into high-performance chemicals and materials.
The first viable, non-toxic chemically derived sugar substitute was discovered in the late 18th century by a German chemist. “The problem that their technology addresses isn’t the problem the industry has,” Simmons said. Supplant’s technology uses enzymes to break down and fragment various fibers.
Maria Lepskaya is a senior associate at Runa Capital , leading investments in different branches of quantum technologies and advanced materials. While they don’t perfectly reflect technological progress, they showcase investors’ willingness to write checks for the industry.
The intersection of AI, software, and data management is set to revolutionize healthcare and will serve as a critical driver of medical innovation and improved patient outcomes. But successfully adopting this mix of emerging and advanced technologies can be daunting and complex. These applications also extend into drug research.
Zurich-based Climeworks is capturing CO 2 from the air via commercial carbon dioxide removal technology, and has raised $784 million so far. These then convert the carbon dioxide into chemical compounds that are sold back to industry. ” Synthetic biology technology is already starting to be widely applied in a number of areas.
With emerging technologies like Gen-AI keeping organizations in a flurry of new implementations, a rapidly shifting CIO role, new innovations testing budgets and adaptability of organizations and increasing competition, a competent CIO is the ace that can change the game.
The US CIO 100 awards, now in its 35th year, recognizes 100 organizations for their achievements in technologyinnovation. Recognizing the finest work in IT, the CIO 100 Awards and CIO Hall of Fame showcase the companies and executives leading the charge in innovation as the tech industry continues rapidly advancing.
However, the real breakthrough is in the convergence of technologies that are coming together to supercharge 5G business transformation across our most critical infrastructure, industrial businesses and governments. This includes 5G coming of age at the same time as AI, bringing together lightning fast connectivity with intelligence.
From lithium battery chemical recycling to smart media, blockchain infrastructure to student-centric educational software, and Sub-Saharan African fintech to cultured-meat production, this batch of companies is sure to wow the investors and the audience. Verdi , EyeGage , Animal Alternative Technologies , RoboDeck , Adventr.
Part of that comes from the need to closely examine every relevant molecule, studying its chemical composition and interactions as well as its physical structure at the atomic level. Discovery and research of new molecular compounds is an expensive business, with development costs exceeding $10 billion per substance in some cases.
The B2B e-commerce industry has broad reach, encompassing everything from commerce infrastructure and payments technology to procurement and supply-chain solutions. Those that innovate now to introduce adjacent services will emerge as winners in the next few years, with some inevitably becoming billion-dollar companies.
CEO Brian Spears has a chemical engineering background and co-founded the company, which makes meat from animal cells, in 2018 after spending 12 years developing research laboratory and industry automation. “We The cultured meat landscape is gaining new entrants as the technology has evolved. Image Credits: New Age Meats.
Today, we’re talking to Artem Fishman, Chief Product & Technology Officer at Dow Jones. Known for his ability to communicate complex technical concepts to non-technical audiences, Artem is passionate about driving innovation and fostering a product-led culture. All of this right here, right now, on the Modern CTO Podcast!
Now we’re very excited to reveal one of the fine people who will be judging Startup Battlefield at this year’s all-virtual event in September: Shauntel Garvey, a general partner at Reach Capital, a VC specializing in the world of education technology. We’re really looking forward to her input as a Startup Battlefield judge.
The greens require no pre-washing and are grown without pesticides, herbicides or chemicals. “We We are proud to bring Crop One’s best-in-class technology to this innovative food production facility alongside our joint venture partner,” said Craig Ratajczyk, CEO at Crop One., in a written statement.”
Vibrant, a medical technology company that’s developed a disposable vibrating pill to treat chronic constipation, today announced its Series E for $7.5 When he learned about the market size, the lack of innovation in the space and the potential, he was convinced that he wanted to lead Vibrant. its first market.
” Nourish’s innovation was in moving from plants to bacteria. Other startups and established businesses also have technologies that could allow them to enter this new market. “We could use that skillset for fish oil and out of canola oil.” “You can get the cost of goods pretty damn low.”
The startup is building a platform using synthetic DNA to store digital data, and has teamed up with storage vendor Seagate Technology for a research collaboration to advance its automated DNA storage and computation platform. Catalog , a Boston-based startup, has come up with a novel way of solving the problem.
There’s a lot of value in waste; just ask metals processing company Nth Cycle , which has developed a technology to help mining and recycling companies recover every bit of critical minerals from their operations. We’re really only innovating on the chemical recycling side of things,” she said. “We’re
After revealing its first fund just last year, a $100 million pool of investment capital dedicated to early stage startups focusing on sustainable food development, clean energy, health innovation and new space technologies, Prime Movers Lab is back with a second fund.
This business is not just about technology, but also people and relationships,” said Kadavil, who before founding FreshToHome managed tech support for Support, and India operations for gaming firm Zynga. “My co-founder is a fish exporter. He has operated in this space for more than 30 years.
The company’s core innovation is to incorporate the advantages of alkaline electrolysis (AWE) and proton-exchange membrane (PEM) electrolysis processes, while designing out their inherent disadvantages. Tokyo Electric Chemical Industry Co., A hazard I am just about willing to tolerate in the name of a cleaner climate.
Or more simply, uses sensing and satellite technologies so plants can “talk” to their growers. And by knowing all of this before it becomes a crisis, InnerPlant helps farmers reduce the amount of chemical pesticides needed or harvests lost to pathogens , like fungal. is no stranger to innovation on the farm.
Here is the latest technology news from across the tech community: What’s the right relationship between technology companies and journalism? Last week technology news site Re:Code announced that it would stop hosting comments on its own sites as the conversation around stories was already happening on social media.
Female leaders encourage buy-in with the organization’s mission CIOs are increasingly tested for their abilities to partner with their business executives to strike a balance between delivering innovative solutions and propelling enterprises into a new era, all while continuing to safeguard against threats of cybersecurity and privacy.
Dow Chemical Company is one of the largest chemical producers in the world, with a presence in roughly 160 countries and more than 37,000 employees worldwide. It was difficult, for example, to combine manufacturing, commercial, and innovation data in analytics to generate insights.
Additionally, the startup says its proceeds will be used to support autonomous beyond visual line of sight technology for drone and air taxi operations through its uncrewed aircraft system traffic management solutions and strengthen the development of Terra’s UAM services. . We will be able to scale up operations and innovation faster.” .
This proliferation of bandwidth-hungry technologies is expected to lead to rapid consumption of ports and leased fibre resources, driving the growth of metro and backbone networks as well as data centre interconnection for greater bandwidth. Huawei’s second innovation is ultra-high component integration.
Flock Safety , $275M, public safety: Just a week after public safety startup Peregrine Technologies locked up a $190 million funding round led by Sequoia Capital minting the San Francisco-based firm as a new unicorn at a $2.5 billion valuation another such startup raised even bigger. at a reported $2.5 billion valuation. at a reported $2.5
As the technology exhausts its honeymoon period, and companies in all industries find new ways of using it to get ahead of the competition, a new race is on. The victors may not be the greatest innovators, but they’ll be the best at protecting their innovations.
In recent years, technology advancements like cloud computing, data analytics, and Internet of Things (IoT) devices have created new opportunities for chemical companies but also new pain points as they’ve been required to move out of their comfort zones to digitally transform. Enter: cloud modernization. Quick Takeaways.
Dow is reaping the benefits of a year-long program to roll out new digital technologies to one of its largest manufacturing sites, resulting in improvements in performance, reliability, and employee experience. It’s a project that has earned Dow a CIO 100 Award for IT innovation and leadership. Kalmar says. Ready to step up to 5G.
Register now for Escalate and Intensify Company Wide Innovation Focus Even in Tough Times. Joining James Staten will be Ludwig Melik, CEO of Planbox, who will provide an innovation breakdown structure, and delve into the platform AND program required to drive out a broader portfolio of innovation efforts. WILMINGTON, Del.,
The startup is developing materials from seaweeds such as Macrocystis pyrifera, one of the planet’s most renewable and regenerative organisms, creating yarns and fibers that don’t rely on petroleum or toxic chemicals. AlgiKnit has raised a total of $17.9 million to date.
Novi is a B2B marketplace for sustainable, innovative ingredients and packaging, helping its thousands of customers bring products to market with more sustainable materials. ” The company collects its data in a few different ways.
Many technology leaders already worked with AI for over a decade for things like predictive maintenance and supply chain planning. Others explored how the new technology could help write code or create content. New technology enabled new solutions 2023 was also a year of new solutions.
In its latest MarketScape on worldwide SaaS and cloud-enabled large enterprise ERP, IDC says, “The pace of innovation is increasing, and ERP vendors focused on AI, ML, natural language processing (NLP), chatbots, robotics process automation (RPA), and genAI are critical partners to consider for the digital future.
The fusion and exponential growth of technologies that allow man and machine to "merge" will impact society, organizations, and people in ways we can barely imagine. Organizations have to take innovation and agility to the next level to survive in this new age. But this approach is no longer enough.
The manufacturing industry is undergoing a renaissance, thanks in part to advances in information technology. Afterwards, we spent some time talking about their career journeys and the technology that excites them about the future of manufacturing and business. What follows is that conversation, edited for length and clarity.
Stephan Feilhauer, managing director of clean energy at S2G Ventures stressed the viability of technologies like offshore wind as commercial alternatives to fossil fuels: “Offshore wind has established supply chains across the globe. Offshore wind is the only ocean-based renewable technology that meets these criteria today.”
Here we will explain some of the most general and effective applications of computers and how their rapid advancement technology has changed how we live and work. Medical imaging such as CT scans, MRI scans, and X-Rays are possible only by using advanced technology of computers. They help to improve understanding and learning.
Below, we put together a collection of 13 companies innovating along these lines. Other standout startups are working on chemical processes to transform plastic and textile waste into reusable materials. On this front, we culled nine companies from our main list that are innovating around this theme.
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