Category Archives: laser

Startups Weekly: Zoom CEO says its stock price is ‘too high’

When Zoom hit the public markets Thursday, its IPO pop, a whopping 81 percent, floored everyone, including its own chief executive officer, Eric Yuan. Yuan became a billionaire this week when his video conferencing business went public. He told Bloomberg that he actually wished his stock hadn’t soared quite so high. I’m guessing his modesty and laser focus attracted Wall Street to his stock; well, that, and the fact that his business is actually profitable. He is, this week proved, not your average tech CEO. I chatted […]

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India’s OYO enters Japan in partnership with SoftBank

Fresh from closing a notable investment from Airbnb, India’s OYO has expanded its footprint into Japan. The move comes through a joint venture with investor SoftBank — which led OYO’s $1 billion round last year through its Vision Fund — which will cover hotel-based accommodation and home rentals. Financial details around the joint venture were not disclosed. An OYO representative declined to go into details when asked. OYO started in India, where it initially aggregated budget hotels; it has since expanded into China, Malaysia, Nepal, the U.K., […]

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Lidar and perception startup Innoviz raises $132 million

Innoviz, the Israel-based startup developing solid-state lidar sensors and perception software for autonomous vehicles, has raised $132 million in a Series C funding round that includes major Chinese financial institutions. The round, which makes Innoviz one of the better capitalized lidar startups, includes China Merchants Capital (SINO-BLR Industrial Investment Fund, L.P.), Shenzhen Capital Group and New Alliance Capital. Israeli institutional investors Harel Insurance Investments and Financial Services and Phoenix Insurance Company also participated.  The Series C round will remain open for a second closing to be announced in […]

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This robot uses lasers to ‘listen’ to its environment

A new technology from researchers at Carnegie Mellon University will add sound and vibration awareness to create truly context-aware computing. The system, called Ubicoustics, adds additional bits of context to smart device interaction, allowing a smart speaker to know it’s in a kitchen or a smart sensor to know you’re in a tunnel versus on the open road. “A smart speaker sitting on a kitchen countertop cannot figure out if it is in a kitchen, let alone know what a person is doing in a kitchen,” said […]

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Zortrax launches a new high-speed, high-resolution printer, the Inkspire

Zortrax has launched a new printer, the Inkspire, that prints using an LCD to create objects in high-quality resin in minutes. The printer – essentially an upgrade to traditional stereolithography (SLA) printers – uses a single frame of light to create layers of 25 microns. Most SLA printers use a laser or DLP to shine a pattern on the resin. The light hardens the resin instantly, creating a layer of material that the printer then pulls up and out as the object grows. The UV LCD in […]

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