California recently passed regulations requiring that over 50% of all commercial trucks sold in the state must be zero-emissions by 2035 and other states have signed a memorandum to phase out all diesel-burning medium- to heavy-duty truck and bus sales by 2050. These new laws signal promise and opportunity for companies like Xos Trucks, the LA company building state-of-the-art OEM electric trucks that forge together battery packs, chassis, and software. Xos Trucks’ flagship X-Platform 1 is fully electric and compatible with a variety of medium-duty bodies, wheelbases, and range requirements up to 200 miles. The X-Platform 1 is often customized into Class 6 medium-duty bodies that fulfill short-range deliveries, which have been used by UPS. Xos Trucks is also developing the ET-One, a Class 8 heavy-duty truck that can carry 80,000 pounds and can travel 150 miles per charge. 65% percent of trucks on the road travel less than 150 miles per day and Xos is addressing this market with its solutions to make last-mile delivery sustainable and efficient. COO and Cofounder Giordano Sordoni shares more about Xos Trucks is disrupting an $8T industry from the ground up with saavy engineering and software.
Tech
Instagram Reels vs. Tiktok: 13 Things You Need to Know
Facebook is preparing to launch its very own competitor to TikTok, Instagram Reels. Using the popular photo-sharing platform as a testing field, Instagram Reels will have several, nearly identical, features that mirror TikTok’s; the Chinese based newcomer.
How Augmented Reality Can Completely Change Ecommerce for Buyers and Sellers
In the balmy summer of 1995, an American entrepreneur who had just quit his job on Wall Street wrote a list of items he thought it would be possible to sell on the internet. It wasn’t long. He eventually came up with five contenders before narrowing it down to one – books. The entrepreneur’s name was Jeff Bezos and the company he incorporated that year was Amazon.
Datch Raises $3.2M for its Voice Assistant Technology Platform for Industry
No more canary in a coal mine. Datch is the AI-powered voice assistant for the mining, manufacturing, and utility sectors. Mark Fosdike, a first-time founder and CEO of Datch, walks us through the practical application of Datch’s technology in industry, raising as a first-time founder in a new country, and the company’s recent funding round from investors that include Plug and Play Ventures, Stage Venture Partners, Acceleprise, Tuhua Ventures, and Predictive Venture Partners.
Smiling Robots Alleviate Human Anxieties with Expper Technologies
Loneliness and isolation are heightened in the midst of the pandemic. Can robots fill a void? Expper’s founder Karén Khachikyan says the company’s robot Robin changes a kid’s perception of medical treatments, where they will no longer feel isolated, lonely, and scared. The innovator explains how his whimsical four-foot robot employs digital facial expressions to form lasting bonds with its young users.
The Single Most Important Thing In Tech
Whether you’re a tech investor, a tech operator, or just a user of tech, the single most important thing in tech is FAMGA, and the profound implications of their domination of tech value creation.
Whatifi Raises $10M to Bring Interactive Movies to Your Phone
Through what it calls “storyhacking”, Whatifi offers numerous plotlines, character arcs, and endings, and even critical points where the watch party is faced with a problem and the movie cannot continue until everyone unanimously decides what decision to make. Using methodology from interactive theater, Cofounders Hardi Meybaum and Jaanus Juss are putting social audiences in the Director’s seat from their phones. The duo shared some insight into the company’s engaging platform for developing movies, future plans, and recent funding round led by Andreessen Horowitz.
Contact Tracing, Machines, And Civil Liberties
Already five regions within New York State have reopened for business, ushering in a new reality of “test, isolate, and trace.” The United States estimates it will hire close to 300,000 people to become contact tracers, identifying potential spreaders of the virus. Governor Cuomo has appointed former New York City Mayor Michael Bloomberg to head […]
Where We Are Investing Now: XR in Health
We have been interested in XR for Health for some time. This year, however, we think the time has come for these technologies to take a great step forward. In the past, we viewed it purely through the lens of other areas of science. Now, in 2020, XR for Health is officially an independent focus area for us.
Embodied Raises Another $11.7M to Launch Moxie, an Emotive Learning Robot
The impact of technology on a child’s development can not be understated today. Embodied through Moxie, the revolutionary robot companion, helps kids build social, emotional, and cognitive skills through everyday play. LA TechWatch caught with CEO and Founder Paolo Pirjanian to learn about his vision to change the world through the ones that have the most impact: children…
3D Printing Vital Equipment for COVID-19
Living in the epicenter of the coronavirus plague is a surreal experience. Outside my window, New York City appears serene – devoid of its former noise, bustle, and loud citizenry. However, a few blocks north, south, and east it is a war zone with fatalities piling so high that administrators are utilizing mass graves. One […]