Integrating technology startups within the ecosystem allows vendors to deepen their expertise and capabilities tied to niche technology areas while also building attached services for larger-scale platforms. Let’s take a look.
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“The ’24 vintage for venture capital is likely to be one of the best vintages in the past three or four decades,” says Mark Yusko of Morgan Creek Capital.
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Phononic and partner VIDIR team for “BOPOS”, or “Buy Online Pick-up On-Site” fulfillment solution is the first of its kind and has the potential to change the way stores deliver online orders.
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This funding will enable expansion and commercialization at a bigger level as the company moves into projects in Louisiana and Hawaii.
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The company is busy settling into their new digs in Sanford. A recent $7.6 million bridge round of financing covered most of the costs for their new plant, which will also be the home to a research & development facility and the company’s new headquarters.
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Triangle Venture Day, hosted at Apella by Alexandria at the Alexandria Center for Advanced Technologies campus, proved to be one of promise of the Triangle’s growing innovation ecosystem, optimism for high-impact science, and enthusiasm for local collaboration.
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“It seems to me that early on in the life of a business, companies require so much more of your time and effort because you’re starting from nothing to kind of get things off the ground,” a top Shibumi exec says. “Eventually, when your business is established, you have different challenges from the ones you faced in the early years but you also get to learn and grow from them.”
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Using its patented “beamforming” technology, SmartSky is able to offer reliable, secure, and uninterrupted network access while in the air. The company also offers Skytelligence, a platform for collecting and sharing data critical to the plane in flight.
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On a hot Thursday afternoon in August, Velocity staff was celebrating the opening of its most recent site in Durham by sponsoring a back-to-school event at Eastway Elementary School.
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