May
13
2019
--

Market map: the 200+ innovative startups transforming affordable housing

In this section of my exploration into innovation in inclusive housing, I am digging into the 200+ companies impacting the key phases of developing and managing housing.

Innovations have reduced costs in the most expensive phases of the housing development and management process. I explore innovations in each of these phases, including construction, land, regulatory, financing, and operational costs.

Reducing Construction Costs

This is one of the top three challenges developers face, exacerbated by rising building material costs and labor shortages.

Mar
18
2019
--

ClimaCell bets on IoT for better weather forecasts

To accurately forecast the weather, you first need lots of data — not just to train your forecasting models but also to generate more precise and granular forecasts. Typically, this has been the domain of government agencies, thanks to their access to this data and the compute power to run the extremely complex models. Anybody can now buy compute power in the cloud, though, and as the Boston and Tel Aviv-based startup ClimaCell is setting out to prove, there are now also plenty of other ways to get climate data thanks to a variety of relatively non-traditional sensors that can help generate more precise local weather predictions.

Now you may say that others, like Dark Sky, for example, are already doing that with their hyperlocal forecasts. But ClimaCell’s approach is very different, and with that has attracted as clients airlines like Delta, JetBlue and United, sports teams like the New England Patriots and agtech companies like Netafim.

“The biggest problem is that to predict the weather, you need to have observations and you need to have models,” ClimaCell CEO Shimon Elkabetz told me. “The entire industry is basically repackaging the data and models of the government [agencies]. And the governments don’t create the relevant infrastructure everywhere in the world. Even in the U.S., there’s room for improvement.”

And that’s where ClimaCell’s main innovation comes in. Instead of relying on government sensors, it’s using the Internet of Things to gather more weather data from far more places than would otherwise be possible. This kind of sensing technology could turn millions of existing connected devices — like cell phones, connected vehicles, street cameras, airplanes and drones — into virtual weather stations. It’s easy enough to see how this would work. If a driver turns on a windshield wiper or fog lights, you know it’s probably raining or foggy. Often, these cars also relay temperature data. If a street camera sees rain, it’s raining.

What’s more complex is that ClimaCell has also developed the technology to gather data from how atmospheric conditions impact the signal propagation between cell phones and their base stations. And to take this one step further — and beyond the ground level — it has also figured out how to gather similar data from satellite-to-ground microwave signals.

“The idea is that everything is sensitive to weather and we can turn everything into a weather sensor,” said Elkabetz. “That’s why we call it the weather of things. It enables us to put in place virtual sensors everywhere.”

Using all this data, ClimaCell is providing its customers, like airlines, ridesharing companies and energy companies, with real-time weather data and forecasts.

Using all of this data the company also recently launched flood alerts for about 500 cities that can provide 24 to 48-hour warnings ahead of major flood events. To do this, the company combined its weather data with its own hydrological model.

For now, most of ClimaCell’s business model focuses on selling its data and predictions to other businesses. The company plans to launch a consumer app in May, though. I got a sneak peek of the app; while I can’t vouch for the forecasts, it’s a very well-designed application that you’ll probably want to look at, no matter whether you’re a weather geek or just want to see if you can get a quick bike ride in before the rain starts.

Why a consumer app? “We want to become the biggest weather technology company in the world,” Elkabetz said. To get to this point, the company has raised a total of $68 million to date from investors that include Clearvision Ventures, JetBlue Technology Ventures, Ford Smart Mobility,  Envision Ventures, Canaan Partners, Fontinalis Partners and Square Peg Capital.

May
22
2017
--

Kuang-Chi invests $5 million in SkyX, a maker of drones to monitor oil and gas pipelines

 Shenzhen-based Kuang-Chi Group is investing $5 million in SkyX Systems Corp., according to the drone tech startup’s founder and CEO Didi Horn. A former fighter pilot with the Israeli Air Force, Horn started SkyX in 2015 to help public and private companies monitor energy infrastructure from on high, using increasingly powerful drones and big data analytics. Read More

Apr
06
2017
--

SkyX drones are half-helicopter, half-plane and built to fly long distances

 A Markham, Ontario startup called SkyX Ltd. emerged from stealth today to share with TechCrunch details about its unique industrial drone designs. The company’s SkyOne drones take off and land like a helicopter, but fly more like an airplane, with a range of more than 25 miles (40 km) per charge. For drone industry nerds, this means they have both VTOL and fixed-wing elements. Read More

Feb
07
2017
--

Energy giant AES partners with Measure to improve worker safety with drones

Measure flies drones to inspect solar panels in a field below. Major power producer AES Corp. is ramping up the use of drones with an eye toward shielding workers from industry hazards. Rather than buy all their own unmanned aerial systems, they’ve engaged D.C.-based drone services provider Measure to get access to a more extensive fleet. Measure recently raised $15 million in venture funding. According to its Vice President and Chief… Read More

Powered by WordPress | Theme: Aeros 2.0 by TheBuckmaker.com