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How we pivoted our deep tech startup to become a SaaS company

TechCrunch

Initially, we approached this as a hardware challenge until we determined that the key to meeting next-generation electric motor demand actually lies in software. Pivoting from hardware to SaaS was the right move for our electric motor design startup, but the process wasn’t precisely linear. An assessment of global trends (e.g.,

Company 247
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Unicorn Bio is building the hardware to scale cultivated meat from lab to table

TechCrunch

Though we hear about new cultivated meat companies and funding rounds with frankly amazing frequency ( this one happened while I was writing this!), “Using this legacy hardware to cultivate meat requires one to reengineer the cells. “Using this legacy hardware to cultivate meat requires one to reengineer the cells. .

Hardware 233
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What is Commercial-Off-the-Shelf (COTS) Software

Openxcell

COTS stands for Commercial-Off-the-Shelf, and it refers to software targeted to a certain, specially defined range of business based on predetermined specifications. It also alleviates concerns about the challenges of developing and sustaining private IT solutions compared to Commercial-Off-the-Shelf available IT applications.

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Gather AI secures new cash to scan inventory in warehouses using drones

TechCrunch

The proceeds bring the company’s total raised to $17 million, which CEO Sankalp Arora says is being put toward expanding Gather’s deployment capacity and go-to-market plans as well as hiring new machine learning engineers. ” Gather isn’t the first to market with a drone-based inventory monitoring system.

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FPGA startup Rapid Silicon lands $15M to bring its first chip to market

TechCrunch

Field-programmable gate arrays (FPGA) , or integrated circuits sold off-the-shelf, are a hot topic in tech. The global FPGA market size could reach $14 billion by 2028, according to one estimate, up from $6 billion in 2021. ” Rapid Silicon is developing two products at present: Raptor and Gemini. .

Marketing 215
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Extra Crunch roundup: cohort analysis, YC Demo Day recaps, building your supply chain

TechCrunch

The ongoing fintech revolution continues to level the playing field where legacy companies have historically dominated startups. Use discount code ECFriday to save 20% off a one- or two-year subscription. But global supply chains are fragile: No one expected an off-course container ship to block the Suez Canal for six days.

Analysis 237
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Quantum Machines acquires QDevil to build out its full-stack quantum orchestration platform

TechCrunch

Quantum Machines , the well-funded Israeli startup that specializes in building control systems for quantum computers, today announced that it has acquired QDevil , a well-known Danish company that specializes in building control hardware for quantum systems. Image Credits: Quantum Machines. “It’s really all of that.