Kyt Dotson
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Banco Best and Credit Suisse close investment fund with blockchain
Portuguese bank Banco Best and Credit Suisse Fund Services SA today completed a cross-border end-to-end investment fund transaction using a blockchain distributed ledger platform provided by FundsDLT. The two companies sought to use blockchain technology in order to process the funds faster than traditional means. This transaction was meant to show the capability of the new funding ...
Need new glasses? Warby Parker’s AR app will help you try them on first
Warby Parker Retail Inc., the maker of fashionable eyeglasses and sunglasses, announced Monday the release of a convenient way for customers to try on glasses: virtually with their iPhone. Using Warby Parker’s app, the iPhone X selfie camera and Apple Inc.’s ARKit, the company’s augmented reality development software, people can look into their phone and ...
AI equipment failure prediction company Augury raises $25M, acquires Alluvium
Israel-based startup Augury Inc., provider of “internet of things” sensors that use ultrasonic vibrations and artificial intelligence to predict industrial equipment failure, today announced the company has secured $25 million in a Series C funding round. The company, founded in 2011, also announced the acquisition of real-time industrial operations insights and analytics platform provider Alluvium ...
Red Cross joins Evernym to build accessible humanitarian blockchain identity services
Digital credential and identity service company Evernym Inc. today announced the recipients of access to its first technology accelerator “Identity for Good” initiative that will provide its developer tools, infrastructure services, education and support. The five recipients are The International Federation of the Red Cross, Decodes, biometric identity nonprofit iRespond, grassroots refugee empowerment group the Rohingya Project ...
Holodecks for real? Andreessen Horowitz bets $68M on Sandbox VR
Sandbox VR Inc., a virtual reality startup that makes entertainment venues where people can experience highly immersive entertainment, announced today the company raised a hefty $68 million in early-stage funding. Business Insider reported that the Series A round was led by Andreessen Horowitz General Partner Andrew Chen and joined by Mike Maples from Floodgate Fund LP, Stanford University, ...
RealBlocks blockchain real estate startup gets $3.1M in seed funding
Blockchain-based real estate platform RealBlocks announced today that the startup raised $3.1 million in a seed round to build seamless investment and fundraising by “tokenizing” properties. RealBlocks operates by providing access to private equity in real estate properties by turning them into tradable securities based on blockchain assets that represent microshares. The process, the company ...
U.K.-based AR firm Blippar finds new life in acquisition by Candy Ventures
The seemingly doomed United Kingdom-based augmented reality and computer vision startup Blippar.com Ltd. has been rescued by one of its primary investors, Candy Ventures Ltd., run by property tycoon Nick Candy. Launched in 2011, Blippar raised more than $130 million as of its last funding round and was once valued at more than $1.3 billion. ...
Augmented reality social app plans to ‘open doors’ with 360-degree photo sharing
Augmented reality app developer Winsche Studios announced today the upcoming launch of the startups’ AR social media app doRRtal, which will feature the ability to take 360-degree photos and share them with friends. This new AR approach will allow users to view fully immersive 360-degree photos on their mobile devices and AR headsets that their ...
World Wildlife Fund launches blockchain to build trust in ethically sourced food
The environmental group World Wildlife Fund announced late Wednesday the launch of a blockchain distributed ledger platform that will help food businesses remove illegal, environmentally damaging and unethical products from their supply chains. The platform, dubbed OpenSC, would create transparency between customers and businesses, allowing the general public to discover the full history of a ...
Ford joins IBM in blockchain pilot to track cobalt mined in Congo
Automaker Ford Motor Co. announced Tuesday that the company will use IBM Corp.’s blockchain-based platform to track cobalt sourced from a Chinese-owned mine in Congo to its electric car battery manufacturing plants. The objective of the partnership is to create better tracking for sourcing the mineral to ensure that it is being ethically mined by ...
