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Some San Antonio startups making it despite coronavirus downturn

some san antonio startups making it despite coronavirus downturn

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At the beginning of the croronavirus pandemic, startups and investors took a cautious approach. Two months later, they say the crisis might breed more innovative — and profitable — companies.

Adaptation has been the key, they say.

Companies that have shifted to building cloud-based software and products to help people work from home have thrived compared to firms that rely on travel, events or face-to-face contact to drum up sales.

Still, the economic uncertainty wrought by the pandemic has some investors waiting and holding onto their cash for now.

And with fewer active investors, companies will have to be in a strong position to attract new funding, said Pat Matthews, founder and CEO of Active Capital, a San Antonio-based investment firm.

“The bar has really been raised for companies that are raising capital,” Matthews said. “A lot of investors are looking very specifically for how companies are going to operate in the new world. Not just whether they’re going to be more capital efficient … but also what’re you building? And how relevant is it in the new world we’re going into?”

Matthews’ firm has remained at work, and in April invested in eight of its portfolio companies and three …

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Startups working on interdisciplinary convergence of biology, digitalisation and medication will be leaders of future – Express Healthcare

startups working on interdisciplinary convergence of biology, digitalisation and medication will be leaders of future – express healthcare

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Zone Startups India is a startup accelerator accredited by NSTEDB, under the Department of Science & Technology, Government of India. Hemant Gupta, Managing Director, Zone Startups India explains how COVID-19 has accentuated the dire need for health innovation and the role of health and pharma startups in the battle against the pandemic. He also outlines how startups need to adapt and transform to not only tide over these tough times but also emerge stronger, in an exclusive interview with Lakshmipriya Nair
What have been the most significant impacts of the COVID-19 pandemic on India’s startup ecosystem?
I believe that in order to understand the impact of the pandemic on India’s startup ecosystem, you actually need to separate the pandemic and the lockdown. While the two are interlinked in many ways, the pandemic is a long-term phenomenon, the lockdown is a short-term one.
Let us look at the lockdown first – amongst the wide-ranging impacts has been the sledgehammer blow that has been dealt with the revenues and growth trajectories of startups in sectors as diverse as travel and tourism, hospitality, manufacturing, logistics, food etc. etc.. An estimated 60 per cent of startups in the B2C space are facing …

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Global Virtual Reality Devices Market To Have A Massive Growth Rate Of 39.6%!

global virtual reality devices market to have a massive growth rate of 39.6%!

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Virtual Reality Devices Market Global Report 2020-30: Covid 19 Growth And Change
The Business Research Company’s latest study on Virtual Reality Devices Market Global Report 2020-30: Covid 19 Growth And Change
LONDON, GREATER LONDON, UK, May 29, 2020 /EINPresswire.com/ — The global virtual reality devices market is expected to decline from $4.76 billion in 2019 to $3.99 billion in 2020 at a rate of -16%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $1 trillion in 2023 at a whopping rate of 39.6%. The rising demand for virtual reality devices in changing the traditional way of imparting safety trainings to employees is expected to drive the market. However, due to COVID-19, the disturbances in demand and supply chain are to act as a major factor contributing to the declining shipments for virtual reality devices during 2020.
VR devices use advanced computer technology called virtual reality to create a simulated environment. VR devices such as head mounted display (HMD) devices, gesture tracking devices (GTD), projectors and display walls (PDW) enable the users to get immersed in a real environment and interact with 3D worlds. Some virtual reality devices include Oculus …

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How Europe’s scooter startups plan to win in the UK | Sifted

how europe’s scooter startups plan to win in the uk | sifted

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If you thought the scooter wars were over thanks to Covid-19, think again. They’re heating up once more and, now, they have a fresh battlefield to fight on: the mean streets of the UK. 
In May, the UK government announced that it would be enabling trials of e-scooters across the country from June — surprising nearly everyone — and the scooter startups leapt into action.
Voi, the Swedish scooter startup, this week announced that it has nabbed Richard Corbett (previously of rival US company Bird) to oversee its UK launch. Meanwhile Dott, the smaller Amsterdam-based scooter startup, has Duncan Robertson, a bike-sharing expert leading its UK efforts. And Berlin-based Tier has also appointed a UK lead — but won’t say who just yet. 

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Richard Corbett, head of Voi in the UK.
All the usual suspects — Voi, Tier, Lime, Bird and Dott — are now hoping to win over multiple cities across the UK, and much sooner than they expected at the start of the year. 
“It was a huge surprise when the government announced the trials would be moved to next month,” says Corbett, who spent two years trying to make the case for legalising e-scooters while at Bird — and expected …

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Job losses indicate we are in a ‘she-cession’

job losses indicate we are in a ‘she-cession’

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The Labor Department said Thursday that another 2.1 million people filed for unemployment last week. And most of the workers who lost their jobs last month were women — 55%, according to outplacement firm Challenger, Gray & Christmas.

Think about the job losses right now. Clerks at retailers, restaurant servers, office assistants. This is work done mostly by women. And these jobs aren’t all coming back. Forty-two-year-old Adriana Lona lost her event-planning position at a nonprofit near Chicago.

“Given everything that happened, I would most likely have to give up that role, yes,” Lona said.

Industries that mostly employ men — think manufacturing, construction — haven’t lost as many jobs during the coronavirus pandemic. That’s the exact opposite of what happened during the 2008 financial crisis. Jasmine Tucker, director of research at the National Women’s Law Center, said that was called a “man-cession.”

“Construction stopped happening on new homes. We saw a lot of production and manufacturing halting. That’s also a male-dominated job,” Tucker said.

According to her research, we’re in a she-cession. And women could have a harder time getting back into the workforce than men did after the Great Recession — especially women who have kids. Like Amy Gergely, in …

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These agritech startups managed to raise funding despite coronavirus-led lockdown

these agritech startups managed to raise funding despite coronavirus-led lockdown

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The agricultural sector is one of the primary contributors to the Indian economy. Around 58 percent of the population’s livelihood is dependent on this sector. Over the last two months, the farm sector was badly hit by the nationwide lockdown which halted logistics and transportation. As a result, the production couldn’t reach the fruit and vegetable mandis, thus, impacting the supply chain.But during Lockdown 2.0, the rules were eased out and a slew of measures were introduced so that this sector could survive the pandemic and the country’s food supply don’t get impacted.However, the absence of delivery fleet and truck operators, restricted interstate and intrastate movement of agricultural machinery, dearth of other inputs like fertilisers, pesticides, and seeds, as well as various obstacles in the procurement of fresh produce, have disrupted the chain. To keep the supply chains functional, agritech startups have stepped up and are helping the farmers to connect with buyers, including through retailers, ecommerce, and by even directly selling the produce to consumers. Startups working in this area include AgriBazaar, DeHaat, BigBasket, MeraKisan, Ninjacart, and many more.With the help of Artificial Intelligence, remote sensing, data analytics, and various Internet of Thing (IoT) devices, India’ …

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Global Virtual Reality Market is Expected to Reach $91.00 billion by 2027 – Latest Market Research Report by Stratistics MRC

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GAITHERSBURG, Maryland, May 28, 2020 /PRNewswire/ — According to Stratistics MRC, the Global Virtual Reality market is accounted for $7.90 billion in 2018 and is expected to reach $91.00 billion by 2027 growing at a CAGR of 31.2% during the forecast period. Stratistics MRC LogoMoreSome of the key players in virtual reality market include Sony, HTC, Google, Vuzix, Apple Inc., Microsoft, Samsung Electronics, Eon Reality, Facebook, Inc, CyberGlove Systems, Sensics, Sixense Enterprises, Merge Labs, Qualcomm Technologies, Inc, Dessault Systems SE, Lenovo Group Ltd., Autodesk Inc., and Magic Leap, Inc.Some of the key factors propelling the market growth are growing digitization and availability of affordable VR devices, penetration of HMDs in gaming and entertainment sector, huge investment in virtual reality market. However, health concerns relating to low resolution and lack of movement is the restraining factor for the growth of the market.Request for sample here:  https://www.strategymrc.com/report/virtual-reality-market/request-sampleVirtual Reality (VR) is transforming the way we relate with the objects and environment around us. Virtual presents a 3D computer generated environment which a person can explore and interact with and the person becomes a part of the near-reality world. Virtual reality is gaining popularity across various sectors such as healthcare, entertainment, real-estate, education, …

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How 5 Birmingham startups are working now—why it matters | Bham Now

how 5 birmingham startups are working now—why it matters | bham now

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Kerry Schraeder, co-founder of Mixtroz. Photo via Mixtroz

What happens when Birmingham startups are told to slow down? They don’t—at least not this crew. Over two months after the state shut down, here’s how Magic City startups are navigating the decision to return to work, hosting pre-pandemic events and sustaining company culture (A.K.A killin’ the game).

1. Mixtroz

Like Bham Now, as a tech company, the Mixtroz team is able to more or less work remotely 24/7. Their biggest business shift, however, was to accelerate the development and launch of Virtual Mixtroz. The badass company did just that and now the new feature is already being used and available in the Apple and Google Play app stores, as well as online.

“In a nutshell going forward at Mixtroz, we will be very flexible in work locations. We’ll do it where it, and for roles that, makes sense. We will ensure that money is spent on client acquisition, marketing and technology—not on rented space that is not driving money to the bottom line.  I do believe we will return to an office within the next 6-8 months, when it becomes obvious we need to do so, …

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Diverse students display inventions at HBCU showcase

diverse students display inventions at hbcu showcase

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Students present their talents as they pitch their innovations at the third annual HBCU Making & Innovation Showcase in Washington, D.C., in February 2020.PHOTO: MICHAEL J. COLELLA FOR AAASA social media platform for online education, a smart cane that warns visually impaired users of objects along their path, and a mobile app that connects customers to restaurants eager to distribute surplus food were just a few of the inventions that student innovators from historically black colleges and universities displayed at a recent showcase.The American Association for the Advancement of Science, with support from the National Science Foundation, hosted the third annual HBCU Making & Innovation Showcase in February 2020 in Washington, D.C. The event, held in conjunction with AAAS’s and NSF’s Emerging Researchers National Conference, brought together 80 students and faculty members from HBCUs for 2 days of interactive workshops and training on invention and entrepreneurship. The conference culminated with 18 teams of undergraduate and graduate students from 13 colleges and universities pitching their innovations.“Entrepreneurial thinking and an invention mindset are critical to address the challenges that affect communities around the world, and in our own backyards,” said Neela White, a project director in AAAS’s Diversity, Equity, and Inclusion program. “As we look …

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Meet the entrepreneur making tours of Napa Valley wineries a (virtual) reality

meet the entrepreneur making tours of napa valley wineries a (virtual) reality

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Geoffrey Curley positions his tripod in front of the historic 19th century Victorian home on the grounds of Schramsberg Vineyards.

Sarah Klearman, Register

There was not a single visitor at Schramsberg Vineyards.No one gazed over the legions of sun-warmed vineyards or into the thick wilderness that surrounds the storied property, which had bloated with green in the late-season rain. The faint chorus of clinking glass floating through the grounds as employees manned the bottling line went unheard; the team at work inside one of the winery’s historic caves went unseen, even as they engineered stacks of wine bottles so tall they reached the lace-like cob webs on dangling from the ceiling.It all seemed a shame to Geoffrey Curley. And as it so happened, he was in a position to do something about it.Curley’s background is in theatrical design; today, though, he’s in the business of “creating experiences”. A decade ago, he founded his own company – Geoffrey M. Curley and Associates – and set …

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