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Spatial Labs, a web3 infrastructure and hardware company, closes $10M seed round

TechCrunch

Spatial Labs , a web3 infrastructure and hardware company, announced today the closing of a $10 million seed round led by Blockchain Capital with participation from Marcy Venture Partners, the firm co-founded by Jay-Z. Almost like a QR code, tapping the LNQ chip with a phone unlocked online and in-person experiences, such as virtual concerts.

Hardware 290
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Sandbox VR expands to new locations globally with $37M Series B led by Andreessen Horowitz

TechCrunch

After a challenging year for location-based virtual reality startups due to COVID-19, Sandbox VR , a location-based VR startup, is making a comeback with a plan to expand its operations further across the globe. He also said that the company plans to build a wireless technology to remove the VR hardware backpack that weighs down the players.

VR 301
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GGV Capital latest to back Workstream’s goal of filling software gap for deskless workers

TechCrunch

These employees are often always in demand due to traditionally high turnover rates, and yet, many still rely on paperwork and videos. The past two years have really shown that there’s a huge gap in software built for this deskless, hourly worker,” Desmond Lim, co-founder and CEO of Workstream, told TechCrunch.” There are 2.7

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Nvidia offers retail loss prevention software to accelerate accelerator chip sales

CIO

GPU manufacturer Nvidia is expanding its enterprise software offering with three new AI workflows for retailers it hopes will also drive sales of its hardware accelerators. Of that, survey respondents said 26% was due to process or control failures, 29% due to employee or internal theft, and 37% due to external theft.

Retail 113
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New Zealand-based Imagr thinks camera-based AI is the future of shopping trolleys

TechCrunch

With COVID, I think what you probably saw was a huge rush on supermarkets that really exposed a number of things retailers weren’t prepared for,” Will Chomley, CEO and co-founder, told TechCrunch. “It They have the hardware, but we have the software,” said Lamb. Our vision/AI is better.

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Cana Technology raises glass to new capital as it readies beverage printer for market

TechCrunch

Mahar said the company is still working on the device’s price point, but that it will be cheaper than retail prices per use. Distributed manufacturing is made in one place and then shipped out to retailers. By the end of February, he expected to have full data on both pricing and when people will be able to begin purchasing the device.

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Extra Crunch roundup: cohort analysis, YC Demo Day recaps, building your supply chain

TechCrunch

To compete with retail banks, many newcomers are offering customers credit and debit cards ; developer-friendly APIs make issuance relatively easy, and tools for managing processes like KYC are available off the shelf. Use discount code ECFriday to save 20% off a one- or two-year subscription. Anu Muralidharan, COO, Expensify.

Analysis 237