View from India: Successful manufacturers will build to order, not build for stock

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View from India: Successful manufacturers will build to order, not build for stockTo deliver that growth, manufacturing will require competitiveness in infrastructure and innovation, along with cutting-edge technology and an industry-ready workforce. Seen futuristically, customers will require highest-quality products at the lowest price and manufactured in the shortest time. “If India is to be a […]

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A former Ofo exec is launching his own scooter startup

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A former Ofo exec is launching his own scooter startupThe funding extravaganza may be approaching its end for scooter “unicorns” Lime and Bird, but smaller startups in the micro-mobility space have continued to close venture capital rounds at a consistent pace. See Grin, Tier and Yellow for examples. The latest is Dott, a European scooter startup founded […]

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LemonBox, which brings US vitamins to Chinese consumers, raises $2M

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LemonBox, which brings US vitamins to Chinese consumers, raises $2MLemonBox, a Chinese e-commerce startup that imports vitamins and health products from the US, has raised $2 million to develop its business. The company graduated from Y Combinator’s most recent program in the U.S. and, fuelled by the demo day, it has pulled in the new […]

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Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation

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Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuationA slew of venture capitalists known for high-profile exits — Kirsten Green of Forerunner Ventures, Keith Rabois of Khosla Ventures, Alfred Lin of Sequoia Capital and Alex Taussig of Lightspeed Venture Partners — have invested in Faire (formerly known as Indigo Fair), a 2-year-old wholesale […]

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Anki’s Vector is getting Alexa access next week

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Anki’s Vector is getting Alexa access next weekVector’s already got the adorable bit down, courtesy of a team staffed by former Pixar and DreamWorks animators. But Anki’s grownup version of Cozmo can use a bit of help when it comes to smarts. Starting next week, the desktop robot will be able to tap into Amazon […]

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IMAX pulls the plug on its dream of VR arcades

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IMAX pulls the plug on its dream of VR arcadesThe company behind the biggest screens in cinema is giving up on bringing VR screens within a few inches of users’ faces. The company announced today in an SEC filing that it will be shutting down its three remaining virtual reality centers, including its flagship location […]

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