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Many emerging biotech and genetics startups are amking use of new DNA sequencing (also called Next Generation Sequencing) technologies. These much-hyped advances in sequencing make it cheaper than ever to understand human and animal genomes – opening up many new possibilities for entrepreneurship.
This week, we added startups from University of California-affiliated QB3 to Seedsprint that use this new technology. These startups draw on the vast research resources of the UC system to solve some of the thorniest problems in the life sciences – including cancer treament and personalized medicine.Read More »
Communication is one of the biggest challenges for deep tech startups that want to work with large enterprise.Read More »
“New technologies can provide solutions to the challenges the world faces today.” – David Aikman, Chief Representative Officer, Greater China, World Economic Forum
Organizations such as the World Economic Forum (WEF), with access to a network of experts, can help the innovation community identify high-potential startups and technology breakthroughs.
Every year, the World Economic Forum releases a list of Technology Pioneers – startups that are highly original and poised to shake up an industry or two. The competition is judged by leaders from both science and business, and the winning startups tend to be exceptional.
These young companies are very much the kind of development partners that innovative corporate subscribers seek out on seedsprint.
For that reason, we're saying thank you to WEF for recognizing these startups. Let’s take a deeper look into what makes this year's crop of Technology Pioneers so notable.
What Makes a Tech Pioneer? Diverse Emerging Technology Startups
This year’s list of winners is highly diversified, and they cover those technologies that are center stage for industry’s open innovation professional. The startups span artificial intelligence and synthetic biology, aiming to tackle profound challenge for energy, healthcare, communications and manufacturing applications, ranging from markets for automobiles to diagnostics to silicon wafer and beyond.
More than anything else, these emerging technology startups are well positioned to influence legacy companies. These young companies all shares a combination of high quality science-based IP and a hunger to succeed, and it’s no wonder the WEF judges are convinced of the impact these winners will have.
Service Innovation: Connected Health and Privacy
Some of the Technology Pioneers deliver step-change improvements in service industries, such as healthcare, food service, and cybersecurity.
Take World Economic Forum Technology Pioneer Augmedix. The founder noticed that the rise of electronic patients’ records can cause doctors to waste time entering data during patient visits, which can sour the patient experience. Augmedix wants to equip doctors with smart glasses, through which “a team of real-time, quality controlled, and customized remote scribes” can hear and record patient data, freeing up the doctor for hands-on nad personalized care.
Understandably, privacy and security issues crop up in any health-connected discussion. Fortunately, many young companies are actively developing technology solutions in tandem with "smart" devices to deliver consumers the privacy, security and peace of mind they deserve.
Another innovative young technology company Onfido, is moving to commercialize a background check procedure that provides privacy and security assurance for companies which rely on the ability to verify remote users and workers. For example, they are currently working with TaskRabbit, and food-delivery company HelloFresh.
Another example of leading-edge security technology in the Tech Pioneer class is Deep Instinct, a predictive solution which uses machine learning to counter cyberattacks. There is enormous potential for startups in this space, with cybersecurity being the second most pressing concern cited, according to a recent PwC event survey.
Energy, IOT and the Blockchain
Picture this: You met the CSO of this great deep tech startup at a trade show and had a conversation about their technology. The following week, you sent an email that extolled their great approach and how you are eager learn more. You receive a polite brush-off.
You try again and CC somebody senior in your company to show how serious you are. You don’t even get a reply.
What are they scared of? You might wonder. Your firm could provide so many resources and could even end up buying the company. Why isn't the startup responding? Sometimes the startup might not be sure if they are ready for you – but sometimes, you might need to make an effort to build trust.Read More »