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May Mobility raises $50 million in funding round led by Toyota

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May Mobility, an autonomous transportation-as-a-service provider, has closed a $50 million Series B funding round led by Toyota.

There was also participation from Sparx Group, alongside return investors Millennium Technology Value Partners, Cyrus Capital Partners, BMW iVentures, and Toyota AI Ventures.

The company says the round will help fund strategic hires across the engineering and operations functions, and expansion of the vehicle fleet to meet growing demand. [Read more…] about May Mobility raises $50 million in funding round led by Toyota

Autonomous vehicles simulator Applied Intuition raises $40 million in funding

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Applied Intuition, a provider of a simulation platform for autonomous vehicle development, has raised $40 million in Series B financing.

The funding round was led by General Catalyst with participation from Kleiner Perkins, M12 (Microsoft), Sozo Ventures, and La Famiglia.

Previous investors, Andreessen Horowitz, Lux Capital, and Floodgate, also participated in this round. [Read more…] about Autonomous vehicles simulator Applied Intuition raises $40 million in funding

Yamaha taps into its $100 million fund to invest in Advanced Farm Technologies

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Yamaha is using part of its $100 million investment fund to buy a stake in Advanced Farm Technologies.

Yamaha Motor Ventures & Laboratory Silicon Valley led the Series A funding round for the startup.

Yamaha says this latest investment reflects the company’s “core interest in businesses driving innovation in the agricultural sector. [Read more…] about Yamaha taps into its $100 million fund to invest in Advanced Farm Technologies

Lufthansa Technik shows off ‘world’s first’ plane cockpit-testing robot

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Lufthansa Technik has been showing off what it claims is the world’s first airplane cockpit panel testing robot, which it calls “RoCCET”.

RoCCET checks the functionality of LED lights and switches, says Lufthansa Technik, which is part of the Lufthansa Group.

The Robot-based procedure is currently in the integration phase.

[Read more…] about Lufthansa Technik shows off ‘world’s first’ plane cockpit-testing robot

Vertical farming: Professor Changhoo Chun discusses Samsung’s horticulture LEDs

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A ‘smart farm’ is an intelligent farming system that applies information and communication technologies (ICT) to agriculture.

One example of a smart farming system is vertical farming, wherein food is produced in vertically stacked layers.

Vertical farming has been attracting attention in recent times as a potential future agricultural model thanks to the advantages it offers, including its economical use of space and resources, environmental-friendly form of cultivation, and the reliable harvesting.

[Read more…] about Vertical farming: Professor Changhoo Chun discusses Samsung’s horticulture LEDs

Samsung moves into the vertical farming market

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Agricultural innovations are essential for feeding our ever-growing global population.

Especially these days, as industrialisation and global warming continue to negatively affect soil fertility and reduce the amount of arable land.

According to the United Nations, the world’s population is set to reach 9.8 billion by 2050.

[Read more…] about Samsung moves into the vertical farming market

Panasonic says it has sold 100 million household refrigerators

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Panasonic says its production of household refrigerators reached a grand total of 100 million in 2018, 65 years since the company first began to manufacture them in 1953.

Panasonic began working on refrigerators as well as televisions and washing machines in anticipation of the approaching electrical age after the Second World War.

In 1952 an alliance was formed with Nakagawa Kikai Company, a specialist machine tool manufacturer that had made refrigerators. [Read more…] about Panasonic says it has sold 100 million household refrigerators

Samsung Electronics expands LED lineups for vertical farming

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Samsung Electronics has announced new horticulture LED lineups, including full-spectrum packages and modules as well as colour (monochromatic) LEDs.

Optimised for lighting in greenhouses and vertical farming, the new LEDs provide a broader spectrum of light for healthier plant growth, enhanced farming environments and reduced lighting system costs.

Full-spectrum light encompasses a continuous range of wavelengths from blue and green to red, creating a light blend suitable for horticultural uses.

[Read more…] about Samsung Electronics expands LED lineups for vertical farming

Geolux updates traffic radar product to consume less power

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Geolux RSS-2-300 T Doppler radars and RSS-2-300 OEM radar modules are used worldwide in various traffic monitoring and law enforcement applications, including LED speed signs.

LED speed signs are often placed on locations where there is no connection to electric power grid, so they rely on solar power and batteries.

For solar-based setups it is critical to reduce power consumption of all components of LED sign, including radar sensor unit. Geolux has recently improved its firmware that controls the radar operation, to include a special low-power mode which greatly reduces radar current draw. [Read more…] about Geolux updates traffic radar product to consume less power