We live in a 3D world but most of the products that we use were designed using a 2D methodology, which led to an increase in product development time as engineers and product designers went back and forth. Thanks to Gravity Sketch, the product design and collaboration platform that allows engineers and product designers to work in 3D, the process is becoming more streamlined, changing a paradigm that has persisted for decades. By designing in 3D from the onset, the need to sketch and then transfer into clunky CAD software is eliminated. The platform is already being used by over 50,000 design professionals. London TechWatch caught up with Cofounder and CEO Oluwaseyi Sosanya to learn more about how an academic project inspired the launch of the business, future plans, recent funding from investors that include Kindred Capital, Point Nine Capital and Forward Partners, and much, much more…
Tech
Lick Home Raises £3M to Disrupt Legacy Paint Brands with its DTC Décor Approach
The global decorative paint and wallpaper market alone is worth $93B. The global paint market is dominated by incumbents, with the top 5 global paint brands owning 50% of market share. Lucas London launched Lick Home, a direct-to-consumer home décor brand focused on wall treatments, on the very same day that the UK was put into lockdown. The pandemic has given people a new appreciation for their homes. Lucas shares more on the company’s launch, product line, and seed funding round from investors that include Felix Capital, Magnas Rausing, Alex Chesterman, Piton Capital, Talis Capital, and Samos Investments.
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.
Adverttu Transforms Private Vehicles into OOH Ad Inventory and Lets Drivers Earn
OOH has been a growing segment of the ad spend but traditionally there has been very little attribution to understand ROI. Adverttu is taking personal vehicles and turning them into OOH ad inventory that can be tracked, understood, and analyzed. Nearly 20,000 drivers are already on the platform earning by having their cars wrapped with brand collateral. CEO and Cofounder Artjom Jekimtstev share more about the UK’s fastest-growing transit media platform.
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.
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 […]
Lifebit Raises $7.5M to Process Big Data for Medical Research, Redefining Bioinformatics
It’s an unprecedented time to study genetics because technological advancements and the raw computational power available are helping scientists make sense of DNA in an unprecedented way. Lifebit CEO Dr. Maria Chatzou Dunford offers some insight on how her company’s platform allows researchers to analyse data faster than ever and extract actionable insights to develop better drugs, therapies, diagnostics, and products.
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.