Home Blog Page 6

ChatGPT can now speak, hear and see

0
chatgpt

The development of artificial intelligence does not come to an end. The popular text generator ChatGPT has new functions now: It can hear, speak and see. But was exactly does that mean? How do the new features look like and what other functions are possible in the future?

The new functions

That ChatGPT can hear is already possible since a certain amount of time because of API (application programming interfaces). API works like a digital arbiter. This conducts information from one interface, e.g. an app, to another. With the new auditory function, the prompts can get entered directly via voice command and do not have to get keyboarded. The voice recognition follows here by Whisper. This is a reliable system for the conversion from speech into text.

The language function of ChatGPT is a bit newer. This works similar to e.g. Google Assistant. Therefore, it is possible to carry a conversation with the chatbot, even when these still proceed clipped. Though, a more interactive use is possible like this. When a voice command is given, it is also answered with voice. Therefor OpenAI has consulted professional dubbers. One has the choice out of five different voices. And the language function renders one more option. Blind people as well as people with dyslexia are able to directly get the texts read aloud and don’t need an extra program for that.

The visual function enables that ChatGPT can conduct imagine analysis from now on. Therefor one uploads one or more pictures and marks p. r. n. the area which should be analyzed. For example, this can help kids with homework. They can make a picture from the exercise and get support from the artificial intelligence.

This facilitates the lives of the parents who work in home office and simultaneously want to help their children. The results can be explained subsequently by the chatbot and discussed with it. So adaptions can be made faster and more easily. Also, the own fridge can be photographed and uploaded in the app for example, if one does not know what to cook. Then ChatGPT vomits a fitting recipe quickly.

More possibilities

With the new features, we can expect some more extensions in the future. Conceivable is that also spoken content, e.g. YouTube videos, can be heard and seen by the chatbot and get processed afterward. This would make the corpus even bigger and the results more valuable. 

The conversations which can be carried on by ChatGPT do not proceed fluently yet. However, one can expect that this circumstance will amend quickly. So we soon can have conversations with the chatbot in real-time, like with the language assistants Siri from Apple and Alexa from Amazon.

Such language assistants have been taken kindly in the past and are used regularly since then. This shows that the language function also can be worthwhile for ChatGPT. In the future, it can be called into action in sales as well as in the customer service.

Beyond, it is possible that the AI soon will recognize and assess emotions. This would cause that the prompts are received even better and the texts can be issued more precisely. These will correspond the notions more and emotions can get included.

Conclusion

ChatGPT already helps us in many situations. The artificial intelligence produces texts of every description as desired. Through the new language and auditive function, the application underway is even more easily and faster.

Furthermore, it facilitates handicapped people the life. The visual function whereas can especially be supportive in everyday family life. In the future, we can expect more helpful functions on the basis of the new features. The AI program can be a huge advantage which should be used today. Especially when solutions for problems are needed quickly, the chatbot can be a good help.

Author: 

Maximilian Schmidt is CEO of the CPI Technologies GmbH. The company is specialized in software development in the areas artificial intelligence, blockchain and digital product development.

https://cpitech.io/de/

Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.

Look forward: learn by your mistakes and look forward

0

Bikeflip is the go-to platform to buy and sell bicycles of any kind in Germany, Austria and Italy

Please introduce yourself and your startup Bikeflip to our readers!

Hi everyone! I’m Andrea Maranelli, a professional cyclist from Italy. Together with Wibmer Fabio and Nikolai Holder I co-founded Bikeflip. Bikeflip is the go-to platform to buy and sell bicycles of any kind in Germany, Austria and Italy. We launched the website in April 2022 and now there are more than 15.000 used & new bikes for sale.

How did you get the idea of Bikeflip?

Fabio and I kept receiving messages asking where to securely buy second-hand bicycles. Moreover, my father has a car dealership. Thanks to him I did understand how important a website such as Autoscout24 is for the car industry. I was impressed that nothing similar existed in the bike sector.

Why did you decide to start with Bikeflip?


We decided to create Bikeflip because we wanted to make the process of buying and selling bikes easier. This is true especially for the market of second-hand bikes. On a personal level, we decided to start Bikeflip because as athletes it is always good to start new and different projects, especially in the same field of application of your sport. 

What is the vision behind Bikeflip?

The vision behind Bikeflip is to become the European go-to platform to buy and sell bicycles. We aim to let more and more people riding bikes and we do believe that bicycles are the future of mobility. In todays’ environment, second-hand is a trend and a must for our planet. This is why we, at Bikeflip, aim to make them more accessible by creating a functional second-hand marketplace specifically and exclusively dedicated to bicycles.

How difficult was the start and which challenges you had to overcome?

Out of 10? 10! The main challenge we faced was to get our idea to reality: we knew we wanted to develop such a project, but we did not have idea where to start from. 

Who is your target audience?

Our target audience are passionate cyclist of any kind: from mountain bikers to road cyclists and e-bikes riders.

What is the USP of your startup?

Buying and selling bicycles has never been that easy and safe! Bikeflip guarantees payments, shippings and free returns in case the purchased bike differs from the selling ad.

Can you describe your typical workday?

As a “startupper”, it is hard to defy and describe a “typical workday” since there are new challenges every day. I would say that the challenge is not to overwork since there are enough tasks to work 24/7. I get to the office around 7.45 am, I go home for a pasta at 1pm and then go back to the office until 6 or 7pm. After work I do go for a bike ride, or for a gym session. During the working hours I’m discussing ideas and projects with my colleagues, jumping from one call to another one.

Where do you see yourself and your startup Bikeflip in five years?

We do hope and believe that Bikeflip will be established as the reference platform to buy and sell bicycles in Europe. By knowing myself, I will still be busy thinking about new projects, riding bicycles, and hopefully travelling the world!

What 3 tips would you give to founders?

  1. Never give up: probably the most obvious one, but still needed to be mentioned. Founding a startup is a hard challenge: the amount of different task that a founder has to manage is huge, from developing the product to pitching the idea to investors. It is a never-ending learning process and sometimes it might feel as if it is too stressful.
  2. Look forward: learn by your mistakes and look forward. It is completely normal to make mistakes and to pivot some of the ideas. The key is to keep looking forward, searching for solutions or alternatives without losing precious time.
  3. Believe in it: as a founder, you are the load-bearing pillar of your company. You need to keep believing in your project, motivating your employees and demonstrating any stakeholder how motivated you are and how much you believe in your idea.

Thank you Andrea Maranelli for the Interview

Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.


Premium Start-up: Bikeflip

Contact:

Bikeflip
Piazza della Manifattura 1
Rovereto
Italy

www.bikeflip.com
hi@bikeflip.com

contact person: Andrea Maranelli

Social Media:
Instagram
YouTube
Facebook
LinkedIn
TikTok

Identify the problem you intend to resolve

0

Wiremind optimization solutions for transport and events

Please introduce yourself and your startup Wiremind to our readers!

Hi there, I’m Colin, the CEO and co-founder of Wiremind. Together with my associate Charles Pierre, we established Wiremind in 2014.

As the CEO, I lead Wiremind’s overall strategy and vision to make sure they are in line with our company’s goals. I also remain closely involved in the product development cycles as I want to contribute to the enhancement and innovation of our offerings.

Wiremind is a tech company that works with B2C businesses in the transportation and entertainment sectors to digitize and optimise their commercial offerings. From assisting our passenger transportation clients in filling their trains, buses, or aircrafts with passengers to enabling our freight customers to optimise their cargo capacity or supporting our sports and entertainment clients in filling stadiums and concert halls, we achieve all of this while maximising our clients’ revenue while having full capacities. 

We achieve these results with a great focus on employing advanced Artificial Intelligence technology, but also through prioritising the design of our products to deliver smooth experiences to our customers while also handling large amounts of data.

How did you get the idea of Wiremind?

My early industry experience stemmed from working in pricing & revenue management departments, where I gained  valuable insights into the transportation industry and its respective set of challenges. This is also where I met Charles and where I became aware of IT infrastructure being dated and Revenue Managers relying on rigid and disjointed operating systems to conduct their daily activities, which later influenced my decision to co-found Wiremind.

Simply put, we wanted to find a way to leverage advanced Deep Learning technology and great UI/UX to deliver seamless user experiences while processing large amounts of data. This in a bid to maximise operations for Revenue Managers and other key systems managers in transport.

Expanding from there, we’ve applied our expertise to a diverse range of projects, from optimising bus company revenues to forecasting passenger demand in the railway sector to managing air cargo capacity for airlines and optimising ticket sales for football clubs.

Why did you decide to start with Wiremind?

Charles and I founded Wiremind because we recognised an opportunity to develop an entirely new Revenue Management ecosystem by leveraging the latest software and artificial intelligence technologies.

For instance, this could provide analysts with a sense of empowerment, akin to being a skilled aircraft pilot equipped with an incredible engine to navigate and manage business operations. This was our vision and, thanks to our industry expertise and an incredible team, we managed to make this come alive and build the software.

Over the years, our aim has been to continuously innovate. Shifting from an exclusive focus on transportation to diversifying into other industries, and from a primary focus on Revenue Management to a wider array of product offerings, our journey has been marked by continuous expansion. Now, we offer ticketing and distribution solutions that are fully integrated into the same ecosystem, simplifying and optimising the commercial offering.

What is the vision behind Wiremind?

Our vision is rooted in transforming traditional IT landscapes. Conventional setups often suffer from fragmentation, with numerous systems operating independently, posing challenges for administrators when it comes to management and the implementation of commercial innovations. Our objective was clear: achieve maximum passenger capacity on all departures while maintaining competitive pricing. In the end, this is what optimisation is all about.

By reducing complexities, enhancing integration, and optimising maintenance processes, we envision a future where businesses can navigate their IT environment with ease, unlocking greater potential for growth and advancement.

How difficult was the start and which challenges you had to overcome?

Without the need for fundraising, Wiremind was established and grew by focusing on its product and expertise. However, it was a challenging start as we were considered a small company, competing with industry giants.

Recognising the challenges posed by our competition, we embarked on a strategic diversification journey with competition tracking, for example. Our primary objective was twofold: to foster the growth of our company and to carve out a distinct and resilient identity within the market.

Who is your target audience?

Our target audiences can be grouped into three distinct categories, each aligning with our different product offerings. These categories encompass passenger transportation, air cargo, and entertainment. Be it airline operators, concert halls, or freight forwarders, user experience is our utmost priority.

What is the USP of your startup?

We could divide our differentiators into four points. Firstly, we have strong industry expertise, and our background in transport and logistics allows us to speak the same language as our customers and understand their needs. Then, we are focused on the user experience and product culture. We aim to create products with great designs and seamless workflows. For that to be possible and deliver full value, we believe that algorithms should be properly rendered to the user.

Thirdly, technological advancements are another one of our advantages. With full-stack proficiency, we possess comprehensive knowledge spanning software, data, artificial intelligence, and more. Most importantly, we know how to combine everything together into great solutions that achieve remarkable results. Lastly, our commitment towards performance sets us apart: we commit, we deliver, and we do it fast.

Can you describe your typical workday?

No workday ever looks the same. As CEO, there’s a lot of different internal teams I need to drive – our product teams, the marketing team, the financial department, etc. – so I prioritise spending efficient time on meeting with everyone. I have optimised my agenda structure on a 2-week rolling meeting structure, where I see all my team leaders on a regular basis, addressing all topics, with sufficient spare time to work on all topics which require my attention or contribution. I target two default meetings per day, and the rest of the day is spent on focus time or ad-hoc meetings. This also gives me sufficient time with external parties I need to check-in with, for example long-term partners or potential new customers.

Where do you see yourself and your startup Wiremind in five years?

As a company, our current focus is on scaling up and consolidating our assets to ensure they are sustainable for the long term. Specifically, we are working towards building self-sufficient, all-in-one ecosystems. This is particularly true for our distribution systems, which are integral to our clients’ commercial offerings and must seamlessly integrate with our other products.

In the upcoming years, we will keep focusing on improving our products and introducing new solutions to the industries we serve. This has always been a priority for us, and I genuinely believe that this is also the reason behind our success.

In parallel, we’ll keep adapting according to our growth by adjusting our organisation and processes and investing more in brand awareness. Our overarching goal is to be recognised globally as a leading provider of Distribution and Optimisation solutions for B2C transport and event companies.

 Which 3 tips would you give to future founders?

1. Identify the problem you intend to resolve: Successful businesses often stem from a genuine dedication to solving real-world problems. When your company’s mission revolves around problem-solving, you not only find a strong sense of purpose but also enhance your prospects of creating something valuable and long-lasting. In my case, founding a company was not my goal but rather a means to build the type of product that I had in mind to solve the problems that I observed, and then everything derived from that.

2. Prioritise innovation & quality: Make innovation and unwavering commitment to quality the foundation of your business. These principles will not only set you apart from the competition, but they will also keep you motivated in the long run.

3. Maintain long-term motivation: To stay motivated through the inevitable highs and lows, ensure that your business aligns with your deepest goals and values.

Thank you Colin Girault-Matz for the Interview

Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.

Continuously expand your knowledge and skills

0

Driving the Hospitality Industry with BonApp: A Startup Story

Please introduce yourself and your startup BonApp to our readers!

BonApp is not just another startup; its mission is to transform the hospitality industry, making it a more customer-centric, efficient, and stress-free experience for restaurant owners and their customers. BonApp seeks to create more of those moments where people can savour a drink or a meal and escape the busy reality to live dreamy moments with friends and family. The founder, Genevieve Sykes, has a diverse background encompassing psychology, neuroscience, accounting, and nutrition, along with a career in two prestigious big four firms in accounting and forensic consulting, her expertise uniquely positions her to pioneer this innovative venture.

How did you get the idea of BonApp?

Have you ever been to a music festival and found yourself missing out on fantastic performances due to never-ending queues for drinks and food? Or perhaps you’ve been to a restaurant, in a rush, and the slow service left you frustrated? These relatable scenarios served as the spark that ignited the idea behind BonApp. It’s a user-friendly web app that empowers customers to take control of their dining experience, ensuring they enjoy the best possible service.

Why did you decide to start ?

The decision to launch BonApp was fueled by Genevieve’s personal experiences as a customer. She saw an opportunity to create a solution that not only streamlined operations for hospitality businesses but also drastically improved the overall customer experience. To turn this vision into a reality, she delved deep into the world of hospitality management, ensuring BonApp offered flexibility and adaptability to meet the ever-changing needs of the service industry.

What is the vision behind ?

BonApp’s vision is crystal clear: revolutionize the hospitality industry by providing a comprehensive POS system that empowers businesses to boost their revenues, reduce staffing needs, and enhance customer satisfaction. By offering QR code ordering and payment, the web application transforms how customers interact with restaurants, bars, and food trucks, delivering a seamless and highly personalized hospitality experience.

How difficult was the start and which challenges you had to overcome?

The journey of launching a startup is never a smooth ride. While BonApp was fortunate to secure seed funding and assemble a stellar team early on, it still encountered its fair share of hurdles. These included staying on target with feature development, learning the intricacies of the hospitality world, and overcoming skepticism from industry experts about the digitalization of services. Nevertheless, with unwavering determination, resilience, and a clear vision, Genevieve and her team brought BonApp to life, ultimately convincing the hospitality experts of the value of innovation and change.

Who is your target audience?

BonApp’s target audience is impressively diverse, catering to a wide spectrum of businesses within the hospitality industry. From restaurants, bars, and cafes to food trucks, clubs, festivals, business fairs, and hotels, BonApp aims to elevate the customer experience across the board. Whether a small local eatery or a large chain, BonApp has something to offer.

What is the USP of your startup?

What sets BonApp apart is its holistic approach to POS systems for restaurant establishments. With QR code ordering and payment options, comprehensive statistics of customer behaviour, and a user-friendly interface that is intuitive. BonApp provides an all-encompassing solution for businesses looking to thrive in a rapidly evolving hospitality industry. Its ability to help increase sales, reduce staffing requirements, and enhance customer satisfaction truly sets BonApp apart from our competitors.

Can you describe your typical workday ?

In a start-up environment, no day is the same. A typical day for Genevieve encompasses a blend of strategic planning, fine-tuning the sales strategy, inter-team collaboration, constant evaluation of product strategy, and meeting potential customers for product demos. From refining the web application features to exploring new partnership opportunities, each day brings the startup closer to realizing its vision. With partnerships already established, including notable entities such as EHL (Ecole Hôtelière de Lausanne) and HotellerieSuisse, BonApp is experiencing rapid growth.

Where do you see yourself and your startup BonApp in five years?

In five years, BonApp envisions itself as the go-to solution for the entire hospitality industry. With a global presence, serving countless businesses and customers across multiple countries, the company aspires to lead the way in redefining how people dine, order, and enjoy hospitality services. Exclusive features in the pipeline promise to set BonApp apart from other POS systems, making it an exciting prospect for both businesses and customers.

What 3 tips would you give to founders?

Stay Passionate: The entrepreneurial journey can be challenging, but it’s your passion for your idea that will sustain you through the highs and lows. Embrace the adventure and believe in your vision, your team, and your abilities.

Embrace Learning: Continuously expand your knowledge and skills. Adaptability and versatility are essential in the startup world. Be open to refining your ideas to fit the current and future market while staying true to your core goals.

Build a Strong Team: Surround yourself with talented individuals who share your vision and complement your skills. A cohesive, positive, determined, and efficient team is vital for success.

In conclusion, BonApp exemplifies innovation and determination in the startup landscape. With a visionary founder at the helm and a unique solution poised to redefine the hospitality industry, BonApp is primed to make a lasting impact, enhancing dining and entertainment experiences for all. Stay tuned on Instagram and LinkedIn to stay updated with our progress.

Thank you Genevieve Sykes for the Interview

Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.

Establish the problem you are trying to solve

0

Kry10 platform for mission-critical connected devices prioritising security and resilience

Please introduce yourself and your startup Kry10 to our readers!

I’m Boyd Multerer, founder and CEO of Kry10, the first modern platform for mission-critical connected devices. Despite my background in mechanical engineering, I found myself more drawn to the software part and ended up joining the Microsoft team and helping build Xbox Live. After almost 18 years at Microsoft, I decided to leave and travel around the world for a bit. Kry10 is the result of all these different experiences, stemming from the urge to build something new again. 

Over the course of the past five years, I have been collaborating closely with a team of engineers to design and build an operating system and platform that can meet the rigorous needs of critical systems that require the highest level of assurance.

Simply put, the Kry10 platform is a purpose-built modern platform for mission-critical connected devices. Built on the world’s first formally verified OS (seL4), the platform is designed for resilience and manageability and aims to deliver military-grade cyber resilience to commercial customers.

How did you get the idea for Kry10?

After I left Microsoft, I took some time to travel through Europe with my family. I also used this time to meet with different tech companies and discuss the problems they were facing. I was shocked by how the technology that some of these companies were using was not only unsustainable but also not efficient, as, ultimately, it was not simplifying their lives. 

That’s when I realised that, despite the apparent contrasts, IoT will not be that different from gaming consoles. I saw parallels in the need for security, remote management, and flexibility in both. After all, there are over 31 billion connected devices worldwide, many of which are deployed in mission-critical systems, so these factors are pivotal for IoT. 

Early in my career, I learned that you don’t build for what the world needs today; you build for the future. However, in order to do that, I had to go back to the fundamental principles to figure out the suitable technology, the kernel requirements, the right code stack, and the other building blocks shaping modern device computing. 

Why did you decide to start with Kry10?

The simple answer would be that I wanted to build something with impact again. Looking back at game consoles, I realised that rather than being PCs, they are managed like industrial devices, as in both cases hackers try to steal intellectual property, there is constant uptime with no perceivable interruptions required, and you can’t afford to update deployment to ruin the user experience. So, I wanted to take lessons from the console world and apply them to factories, aviation, and healthcare—to devices that do a job that is more important than the device itself.  

These devices are not replacing people, but augmenting them and doing jobs humans cannot do. Sometimes this involves monitoring a critical safety system at an electric power plant. Sometimes it is engaging automatic brakes when the driver of a car doesn’t see a hazard. Sometimes it is running the ventilator that keeps a person alive. In each case, it becomes essential that these devices continue to perform their jobs without hesitating. This means that, in the face of intentional or unintentional failure, they resume the task with minimal downtime.

As devices become more autonomous, more complex, and do more decision-making, there needs to be a higher level of safety, reliability, resilience, and management. This is what Kry10 aims to deliver. 

What is the vision behind Kry10?

Kry10’s core mission is to enable others to build and run the real-world devices the world relies on. Our vision is to bring a new era of digital transformation to mission-critical industries by providing a modern platform that addresses a new generation of needs. We know that eliminating the world’s software malfunctions is not a possibility, but we also know that by choosing the right bits of code, errors won’t spread. By using formally verified operating systems, Kry10 ensures that the systems are resilient by design and built to contain damage and be manageable. 

We seek to enable our clients to achieve their full potential by helping them leverage technology as a catalyst for growth while also empowering them to stay ahead of the curve in an ever-evolving technological landscape.

How difficult was the start, and which challenges did you have to overcome?

I wanted to be closer to Sydney, the centre of the world for formal methods, and this involved moving my entire family to the other side of the world, which was both a challenge and an adventure for them.

Who is your target audience?

Generally speaking, we target a diverse range of industries that share a common characteristic: reliance on mission-critical devices. Whether we’re talking about satellites, electronic ECUs in a car, or the servers that operate within data centres, the unifying factor lies in the potential impact of downtime or failure. 

The consequences of even a brief interruption in their operation can extend far beyond mere inconvenience; they can be dangerous. Take the ECUs within vehicles, for instance. Since these components are responsible for managing functions such as engine performance, safety systems, or connectivity, a failure in an ECU could lead to impaired vehicle operation, compromising the overall functionality of the vehicle and, consequently, the passengers’ safety.

However, we couldn’t have had these conversations 10 years ago, so, more specifically, the ideal customers are those who are currently facing a challenging problem without a clear solution. This often involves individuals developing devices that have evolved from being simple in nature to becoming more complex, such as incorporating multiple functionalities into a single computer or integrating AI into previously straightforward systems.

What is the USP of your startup?

Kry10 is designed specifically for mission-critical devices, prioritising security and resilience. The bottom line is that critical systems require high levels of assurance to manage critical risk.

So, how do we achieve this?

Well, the Kry10 Operating System (KOS) is based on the seL4 Microkernel, the starting point for systems that require a high level of security and assurance. Formal Methods (FM) use logic and maths to evaluate all possible scenarios and analyse the deep properties of the code. While FM is not new, using it to validate more than a few lines of code is, and by using FM via the seL4 Microkernel, Kry10 has built isolated and protected systems that manage, restart, and update applications on high-value devices.

Another differentiating feature of the platform is the fact that it is based on the ‘trust but isolate’ philosophy, so although the Kry10 platform is built to be secure, it is also designed to recover from any possible errors. For example, if an app crashes, it doesn’t spread to the whole system, and, ideally, it resets and comes back so fast that the user and the system do not even know of the problem in the first place. The infrastructure Kry10 uses allows for a much more secure system, meaning that users have much more assurance

Can you describe your typical workday?

Over the past couple of years, I can honestly say that every day looks different. It can range from getting up early to talk to the team in Seattle to getting on a plane to go meet with some of our partners and customers across the globe. In between these trips, I spend time enjoying the beauty of New Zealand. I also try to keep up with my interest in music and composing, which can be a respite and balance the hectic life of a startup.  

Where do you see yourself and your startup Kry10 in five years?

Overall, my main goal is for Kry10 to become a key foundation for critical systems – and given that it’s a platform, I’m even more excited to see what people are able to build on this new high-assurance platform. 

What 3 tips would you give to founders?

Build for the future: There is no point in starting a project that’s going to take you years to build if it will only be competitive at the present moment; what you are building needs to be interesting when you finish it. The only way to be ahead of the competition is by building what is required for the future, not for the present.

Invest in people: Kry10 wouldn’t have been possible if I hadn’t surrounded myself with professionals who excel in formal methods and seL4 and, more specifically, with a team I can trust.

Establish the problem you are trying to solve: Before you get all excited and start building something, you need to discover the problem that you are aiming to solve. Each feature in the product has to be aimed at a problem that you are solving.

Thank you Boyd Multerer for the Interview

Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.

Listen to your partners’ insights and spend time on refining your product

0

Recyclium offer a groundbreaking solution to the pressing global issue of single-use waste

Please introduce yourself and your startup Recyclium to our readers!

I am Pascal Siegrist, I am a Swiss serial entrepreneur with years of experience in finance, real estate, investment, insurance and strategic advisory in M&A. My latest venture is Recyclium where I am a founder and CEO. Our mission with Recyclium is to offer a groundbreaking solution to the pressing global issue of single-use waste. We’ve developed a system that tracks products and recyclables, ensuring they are returned to their respective producers. What’s unique about our approach is that we assign value to waste and reward those who collect and return these items, fostering a sense of responsibility among the corporations and we build a community of conscious waste collectors.

How did you get the idea of Recyclium?

My deep connection with the oceans, stemming from my passion as a diver, played a great role in the inception of idea behind Recyclium. Over the years, I’ve been privileged to explore various oceans and have been both mesmerized by their beauty and disheartened by the evident pollution. My personal endeavors, such as cleaning up beaches, combined with my little daughter’s proactive approach to waste collection, further fueled my motivation. My investment experiences, especially in a biotech company with a sustainable diagnostics patent, and my exploration of blockchain technology, collectively shaped the idea behind Recyclium.

Why did you decide to start with Recyclium?

Germany introduced me to their efficient bounty system, where citizens actively collect and return single-use plastic bottles in exchange for a small incentive. Witnessing a staggering 97% return rate made me ponder its potential in other nations, especially those grappling with severe pollution issues. I firmly believed that if we could tailor such a system to different countries’ unique needs, we could make a significant impact on global pollution.

What is the vision behind Recyclium?

At the heart of Recyclium is a vision to seamlessly integrate blockchain technology with a cost efficient global incentive system working similarly to deposit solutions available in Europe. We aim to motivate people from all corners of the world to actively participate in waste collection and return recyclables. By harnessing the power of blockchain, we can offer corporations clean, transparent, and immutable data, showcasing their commitment to sustainability. Our ultimate goal is to create a closed-loop system, ensuring that every product finds its way back to its producer or a dedicated recycling facility.

How difficult was the start and which challenges you had to overcome?

Embarking on this journey isn’t without its challenges. One of the primary hurdles is navigating the rapidly evolving digital currency landscape and addressing the skepticism that often surrounds it. It’s crucial to understand that while we leverage blockchain technology for its security and transparency, we operate distinctly from the volatile crypto market.

Who is your target audience?

Our vision encompasses a global audience. While we aim to engage consumers from every part of the world, especially those in pollution-challenged regions, we also seek collaborations with major corporations. These corporations, producing great amounts of products and waste, are in search of tangible, undeniable data to validate and showcase their sustainability initiatives. We believe Recyclium can bridge this gap.

What is the USP of your startup?

Recyclium stands out due to its unique blend of blockchain technology and a globally adaptive incentive system. We’re not just offering a platform and an app for waste collectors, we’re providing a solution that ensures data security, transparency, and undeniable proof of sustainability efforts and that can be used for ESG reporting and will help companies reach their sustainability goals. By incentivizing consumers to return waste and offering corporations a transparent record of their sustainability journey, we believe we’re paving the way for a more responsible and sustainable future.

Can you describe your typical workday ?

My typical workday revolves around the mission of Recyclium. I often start my day by reviewing the latest developments in our technology, achievements of corporations working towards more sustainability, ensuring that our platform is on track to achieve the goal of being the perfect partner for every producer that struggles with these issues. Throughout the day, I engage in discussions about sustainability, the challenges of single-use waste, and the potential of our platform to address these issues. I also spend a significant amount of time interacting with our team, investors, and corporate partners, strategising and ensuring that our vision for Recyclium is being realised.

Where do you see yourself and your startup Recyclium in five years?

Five years from now, I envision myself leading Recyclium as a pioneering force in the sustainability sector. I hope to see our platform adopted globally, with people from all corners of the world actively participating in waste collection and return, driven by our incentive system. I aim for Recyclium to have established partnerships with major corporations, providing them with data that showcases their commitment to circular economy. Ultimately, I aspire for Recyclium to be synonymous with responsible waste management and a cleaner planet.

What 3 tips would you give to founders?

  • Stay Adaptable: The world is constantly changing, with unforeseen challenges like the COVID pandemic. Being adaptable and ready to pivot or adjust your strategy is crucial.
  • Trust to your Vision and focus with all the power you have on them. Leverage Potential of Amazing Technologies such as Blockchain to innovate and offer solutions that might not have been possible a few years ago. 
  • Never give up, knock on every door somewhen the right one will open and never stop to believe in yourself and your idea. keep collaborating, pushing and networking: Engage with potential stakeholders, investors, possible corporate partners, in your industry and beyond. Listen to your partners’ insights and spend time on refining your product.

Thank you Pascal Siegrist for the Interview

Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.

Stay open, stay humble and stay disciplined

0

subcultours to meet and create with like-minded creative people from all around the world, in a personal and authentic way

Please introduce yourself and your startup subcultours to our readers!

I’m Kat, 34 years young, I live in Berlin, I love to travel the world, meeting open-minded, inspiring people and learning new creative skills. That’s basically the reason why I came up with subcultours: A way to meet and create with like-minded creative people from all around the world, in a personal and authentic way. 

How did you get the idea of subcultours?

It was back in 2016 when I was living and working in San José, Costa Rica. I met so many beautiful creative local artists and artisans and wondered how other travelers and people could meet them as well and attend workshops at their private homes, ateliers and studios to learn from their skill-set, mindset and experience. 

Why did you decide to start with subcultours?

My idea was to help artists and artisans to generate a second income source in the form of workshops. And on the other hand, to help travelers and people who are not familiar with the art world, to get access to this world and learn how to get into their creative flow as well.

What is the vision behind subcultours?

The vision is to bring people with all kinds of different backgrounds together in the real world and let the universal language of creativity speak and unite them. 

How difficult was the start and which challenges you had to overcome?

The challenge is that it’s a pure people business. Everything has to do with humans and it requires a lot of organizational skills, patience and creativity to make it work. 

Who is your target audience?

The target audience are people of all ages, cultures and backgrounds who are curious to learn new creative skills and meet artists and artisans they usually wouldn’t meet in their everyday life. 

What is the USP of your startup?

The USP of subcultours is that all the workshops take place at the artists’ private homes, studios or workspaces. It’s the personal, authentic and human-focused experience that makes subcultours special and stand out from other mainstream and more service-oriented workshops and experiences. Basically it is the authentic, down to earth version of an airbnb experience for arts and crafts. 

Can you describe your typical workday ?

I wake up, meditate, go to the bakery in my neighborhood for coffee while listening to a podcast. Then I go home, work on subcultours, go to the gym, work again on subcultours and in between I also give group fitness classes. 

Where do you see yourself and your startup subcultours in five years?

In the next five years, subcultours is not only running in Portugal and Germany, but in many other countries and becomes a globally known platform for authentic and personal creative workshops with artists and artisans from all over the world. 

What 3 tips would you give to founders?

Stay open, stay humble, stay disciplined.

Thank you Kat Kraemer for the Interview

Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.

ICL and Agrematch to Develop Novel Crop Nutrition Solutions via AI

0
icl

Global specialty minerals company and agriTech AI start-up to accelerate development of plant nutrition biostimulants 

ICL Group (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today announced its agriFood innovation and investment platform, ICL Planet Startup Hub, has led an investment round in Agrematch, an artificial intelligence (AI) agriTech startup. The two companies agreed to launch a joint, multiyear program to use Agrematch’s AI system for the discovery of novel crop nutrition solutions, to bring innovative products to ICL’s global offerings.

Founded in 2017, by experienced entrepreneurs and industry veterans, Agrematch has been developing and refining its unique AI4AI – Artificial Intelligence for Active Ingredients platform ever since. ICL Growing Solutions, the agriculture division of ICL, is partnering with Agrematch as a strategic investment designed to be complementary to, and synergistic with, its long-term growth plans.

The Agrematch platform is expected to produce proprietary compounds developed as unique biostimulants and plant nutrition products, ultimately optimizing overall plant and soil health and maximizing plant yield, quality and resilience. 

In recent years, AI has emerged as a key technology in discovering and developing innovative compounds, most frequently in drug discovery. According to an April 2022 study by Insider Intelligence, pharmaceutical companies have been saving nearly 70% of their discovery costs by using AI1. This new method has the potential to eliminate up to five years of the average seven-year time frame for bringing a candidate compound to trial2.

“ICL’s partnership with Agrematch brings the rapidly evolving application of AI into ICL’s agricultural development ecosystem,” noted Hadar Sutovsky, vice president of External Innovation and general manager of ICL Planet Startup Hub. “Agrematch’s AI4AI prediction platform has the potential to streamline our compound discovery process, reduce the time and costs involved, and lead to the development of more effective and efficient crop solutions.”

Mission Critical

Despite the urgent need for new sustainable crop nutrition products, the current discovery process is unable to meet demand. The prohibitively risky, costly and lengthy product development cycle – coupled with increasing regulatory requirements calling for sustainable products with a lower environmental footprint – has led to a reduction in the number of new product introductions. A faster and more efficient methodology, to identify new active ingredients for use in the development of ag products, is vital.

“We are excited to partner with ICL and explore new solutions for plant nutrition,” said Eyal Ben-Chanoch, CEO of Agrematch. “Using data science, and especially AI, has helped us to dramatically alter the discovery process, by eliminating both its sequential nature and the barriers that make the classical high-throughput screening methods costly, risky and time consuming. Our AI4AI platform was designed and built to discover new functional compounds that meet defined specifications.”

AI-based solution

Within the AI4AI system, Agrematch models are trained to fulfill the specifications of a well-defined product concept. The system’s predictive algorithms run through billions of molecules in a massive proprietary database. Novel compounds can thus be designed, creating a shortlist of candidates with the desired functionalities. 

“This collaboration will focus on developing novel biostimulants products that provide superior results for plants,” said Elinor Erez, PhD, vice president of R&D for ICL Growing Solutions. “It supports our strategy to continue investing in the ag-biologicals market, which we see as highly complementary to – and aligning with – our existing agriculture business and the future of our specialty crop nutrition portfolios.

ICL brings a huge contribution to this strategic collaboration, as this promising start-up will enjoy access to the global crop nutrition market, regulatory insights, agronomical aspects, and development, along with best-in-class group of R&D scientists and agronomists. Following an extensive evaluation of Agrematch’s technological capabilities, we are excited to collaborate with them to deliver novel ag-biological products to the global market.”

Picture Smart farm digital icon and futuristic AI data infographic of Chilli peppers or green chilies in farm gardening is vegetable use for ingredient of Thai food

Source NUTRiPR

Hire the right person, in the right role, at the right time

0

QuoIntelligence is a European agency providing tailored threat intelligence solutions, blending machine learning with expert analysis

Please introduce yourself and QuoIntelligence to our readers!

I am Marco Riccardi, the CEO and founder of QuoIntelligence. I have a deep experience in threat intelligence and have worked in multiple cybersecurity roles in diverse organizations from the Italian military to Deutsche Bank. I am by nature suspicious and don’t believe anything at face value. I verify sources and validate before accepting something as fact — and encourage others to do the same. I am also fairly averse to personal publicity but I am happy to make an exception here.

So why did you decide to start a company?

QuoIntelligence is the realization of a lifelong dream. I always wanted to work in cyber security and deep-tech, lead a talented team, and compete with them at the highest level. However, I wanted to earn my leadership through leading by example and having my team follow me because of my skills, not hierarchy. I also wanted to work in an intelligence agency and use all my resources beyond my technical skills, including leadership, creativity, design, analytics, passion for geopolitics, storytelling, coaching, marketing, and more. My ultimate goal was to help others be safe and prevent crime while making an impact.

I am an ultra-competitive person, never want to lose and always see ways to improve. I enjoy failures when I can learn from them, and I am passionate about learning from others’ failures to avoid the same mistakes. Most of my career was in enterprises or major public organizations, but I left because I realized I was making zero impact. I realized that I wasn’t making any meaningful difference. For example, after having left an organization its market valuation didn’t change at all, whatever role I’d done. I needed something different.

And working in a startup is totally different. What you do has a direct impact on the business. Leading a startup gives you the opportunity to touch multiple things and learn from them. So now, after around 20 years working in the EU, I am now building my own cyber intelligence agency.

When I had the opportunity to create QuoIntelligence, I didn’t think twice, even though I had never considered creating my own company before. It was the best decision I have ever made. 

What is the vision behind QuoIntelligence?

To help create a world where people and organizations know and understand their security threats and effectively get what is needed to be prepared against them.

From the idea to the launch, what have been the biggest challenges so far and how have you financed yourself?

I had the luck to meet to Ari Bizimis from Mercurius Private Equity, the investor of the previous company I used to work at (QuoScient). Ari was the one who proposed me to start my own company with him as the first investor. 

As my first startup, the first challenge was to move from a team leader to an entrepreneur, and hence covering roles that I’ve never covered before, at least in a professional way. Doing market research, forecasting budget, developing a business model, and putting down a strategy were the first things I had to do that were initially outside my comfort zone. Starting a startup really requires the ability to be a good generalist, and be able to contribute in multiple fields at the same time. 

What is QuoIntelligence’s target group?

In terms of sectors, we work with companies across many areas. These include Finance, Manufacturing, Retail, Transportation, Government and more. And geographically, we tend to look at firms headquartered in the European Union. But any organization above, say 500 employees who has a cybersecurity function without its own threat intelligence resource is a potential customer. For others — where they have from a threat analyst and above — we can also provide more advanced and specialized services that support and complement their limited resources.

That’s why for us it’s important to assess the Threat Intelligence Maturity Level (TIML) of a company. Our range of services takes this into account and we create unique solutions tailored to an organization’s TIML from our three main solution groups of Digital Risk Protection, Threat Intelligence and Risk Intelligence.

How does QuoIntelligence work? What are the advantages? What differentiates you from other players?

We blend our own machine learning and AI solutions with the deep insight and experienced judgment of our world class threat analysts. Information from our advanced technology is refined by our experts in cybersecurity, geopolitics, data science and communication to produce what we call Finished Intelligence. This is further tailored to our customers’ specific needs and gives them three vital things: time efficiency, resource efficiency — our service can reduce TI budgets by up to 98%, and ensures management spends only what is needed to minimize the current risk level — and peace of mind.

The threat intelligence industry is served by many different players. However, unlike many players, QuoIntelligence is fully-focused on threat intelligence. In a sea of vendors, we partner with our customers. Clients see us as a trusted Intelligence Agency, they know there is a human here that cares about them, speaks their native language (something we particularly care about), and available when needed. Customer feedback plays a major part of our product roadmap — they feel part of the story.

Last but not least, we are a European company. Unfortunately there are not many dedicated Threat Intelligence providers in the EU, and in a fast-evolving geopolitical scenario where digital-sovereignty is becoming critical being made-in-the-EU matters.

QuoIntelligence, where does the journey lead to? Where do you see yourself in five years?

Our first goal is to give to the EU community the local Threat Intelligence provider it deserves, and protect it from current and future threats. Next, we want to compete with the major billion-funded American competitors at the global level. I see QuoIntelligence reshaping how the Intelligence discipline is seen and known, and we’ll make it accessible to any company/org, from an SME to a F100.

Regarding myself, there is this famous statement “If you were a millionaire, what would you do? The answer is your dream job”. 

My answer to this question is doing exactly what I’m doing right now, and I realise this is exactly what I ever wanted. In five years I hope to keep having the privilege of doing what I’m doing right now. 

At the end: Which 3 tips would you give to aspiring founders?

Hire the right person, in the right role, at the right time. This is my personal “success triad”. Companies are driven by humans, you need a top team you can trust and delegate important functions, especially at the beginning. A single wrong hire at the beginning could heavily jeopardize the entire story.

Laser-Focus. Focus on a specific problem at time, provide the best solution for that, then move on to a wider scope.

Be data-driven. Measure everything you do. Numbers rarely lie, and you can’t improve if you don’t measure. Financials, Sales, Marketing, your product KPI, your customer satisfaction, overall employees mood, team performance, etc. Everything can be measured with the right tool and methodology. You might start looking at the wrong numbers, getting biased data, etc, but you will fix and get better ones. There will always be margins where data either cannot be collected or can’t help you fully, but it will be always better than not having anything at all and run the company blindly.   

Thank you Marco Riccardi for the Interview

Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.

Trust is the thing that will superpower your organisation

0
ENOUGH

ENOUGH produces ABUNDA® mycoprotein, a complete food ingredient containing all essential amino acids as well as being high in dietary fibre

Please introduce yourself and your startup ENOUGH to our readers!

ENOUGH is a food-tech company whose purpose is “to make protein sustainable” and we passionately believes in the merits of fermentation as the most technologically and economically viable solution to sustainably feed a growing global population.

As CEO, Jim Laird has 30 years’ experience in food with roles for Unilever, PepsiCo and Premier Foods and is motivated by the combination of innovation, biotechnology and collaboration to create sustainable large-scale food solutions. Jim celebrates the potential for the food industry to work together to firstly reduce reliance and then remove the need for animal-based products, but acknowledges the need for continued improvements in non animal based foods.

Jim co-founded ENOUGH (formerly 3F BIO) in 2015 and feels massively privileged to work with a team who span 3 location and 12+ nationalities and who are motivated by a collective purpose “to do something where the impact is bigger than us”. Enough’s goal is to grow 1 million tonnes of high quality protein based in the next decade and commence this from a first site in the Netherlands.

ENOUGH are building what we hope will become the World’s largest protein facility and we started production and supply during 2023. We use fermentation to covert glusose into protein and fibre using fungi. Fungi are nature’s bioreactors, and in our first facility we grow the equivalent of 5 cows worth of protein every hour. This first facility is located in the Netherlands where we co-locate on a site owned by Cargill, and where our long terms plans include future growth to make a cow equivalent every 2 minutes by the end of the decade, or over 60k tonnes per year.

How did you get the idea of ENOUGH?

The idea for using fermentation as an efficient way of growing food has been around for a long time, and one of the attractions of mycoprotein is that it has a long history of safe use. ENOUGH has some IP that makes the process more efficient and that Idea came from the co-founders of ENOUGH – Craig Johnston and David Ritchie – who both have a background in chemical engineering, and a passion for resource efficiency.
The idea was developed over several years from 2012-2014, validating the concept at lab scale using labs at the University of Strathclyde in Glasgow, UK.

Why did you decide to start with ENOUGH?

In 2014 once the patent was filed, the co-founders, comprising Craig (Johnston) and Daivd (Ritchie) combined with Jim Laird, were all employed in other organisations but were working together on a part time basis (evenings and weekends) to progress the technology. We created a company so that we could start to look at commercialisation options and the entity was founded in January 2015. Over 2015 we then secured some early grant funding and hired a first employee. By the end of 2015 as we started to confirm the potential both commercially and technically, Laird joined the business on a full time non-paid basis and in 2016 the Company raised its first equity round.

What is the vision behind ENOUGH?

Enough’s goal is to grow 1 million tonnes of high quality protein based in the next decade and commence this from a first site in the Netherlands. We want to do something that is “bigger than us” and see the potential to create something that genuinely transforms the way that we grow and produce protein and has a very positive impact on human health and on the climate.

How difficult was the start and which challenges you had to overcome?

For any early stage business there are always challenges. ENOUGH has been blessed to have support from a strong team and from excellent shareholders who have supported the company with funding and with advice. The words and guidance from one investor that resonates most strongly are “Never let a good crisis go to waste”, and in the last 8 years we have certainty faced several crises but this always makes the company stronger.
In recent years, the challenges from Covid, from remote working and from the inflationary impact of the war in Ukraine have presented real challenges. We have overcome most of these by staying very focussed on our long term goals and by making the hard choices about what really has to be done versus what we would like to do.

Who is your target audience?

Our product offer remains very focussed on supplying a B2B ingredient, where we supply ABUNDA as a frozen ingredient to be used by customers to make delicious meat and dairy alternatives. Our in house development team have worked with development partners to show-case the types of products that can be made and in this time we have really focussed on chicken style whole muscle products because that was an area where some of the other products were not meeting consumers needs. Our vegan chicken recipe contains only 5 ingredients and delivers a sensational product.

We are encouraged by significant interest from both the retail and foodservice trade channels in Abunda based products, which is in turn creating huge levels of attention and experimentation by food manufacturing companies. We are proactively working with some high scale food manufacturers on a strategic approach that best optimises sales opportunities in target markets and this will remain our main point of focus, however we are also aware of lots of exciting smaller companies who are driving product innovation and enhancing interest and the profile of the category, we will always find the resources to support this invaluable cutting edge development within the alternative protein marketplace.

What is the USP of your startup?

ENOUGH’s product Abunda® mycoprotein is a solution to make great tasting food that both provides an alternative and removes the need for the unacceptable impacts of intensive animal farming. This addresses demand for non-animal protein that is forecast to grow by +15k tonnes every day for the next 5000 days. ENOUGH’s current plans are not enough to meet a relevant share of this but with collaboration, we embrace the opportunity to go further and faster.

ENOUGH is a leader in making protein from fungi. What sets us apart is our focus on introducing high scale capacity that will serve the market on a B2B basis and with the ability to grow in line in line with the growing market.

We are competing in the global market for food protein, which continues to be dominated by animal sources of protein. As the protein transition continues there is a need for non animal sources that make food that tastes as good or better and costs the same or less than the animal, and our process achieves that aim

To become the category leader, we need to meet customers and consumers expectations and then grow in-line with the market. With this investment we will double the capacity at our first location in the Netherlands in the next year and expect to double again in the years thereafter. In addition, we will actively look at a second territory which is most likely to be North America, but where there are also good arguments to look at facilities in Asia, the Middle East and elsewhere.

Can you describe your typical workday ?

In the last year, a typical day will often start waking up in a hotel room as I spend at least 50% of my time in the Netherlands at the production site. I enjoy too much coffee and will typically skip breakfast.
If working at the site I will be in early, but never as early as our Site Director Rob Cogghe who is always first on site. As the production site runs 24×7 the start of the day involves catching up with the shift leads and the team on site.

After that there are various meetings that are schedules through the day and the week on a fairly structured time plan. We try to have short and efficient ‘scrum’ meetings. As a leadership team we also try hard to ensure good communication and over invest in this. The company has 60 people and we have a full company 15 minute Monday morning scrum to highlight plans for the week and repeat this later in the week to cover the longer term horizon.

Within my role, I have responsibility for all areas and so have functional updates with various team members. An ideal day would involve some customer contact, not just because I get real energy from customer discussions but also because that generally involves some product tasting. Although we are an ingredient company our in house development team have also developed some excellent product applications including whole muscle vegan chicken fillets, meatballs, schnitzels, and even some fish alternatives.

I try to be home (North of London) at least 2 to 3 nights per week, and almost always by Friday night. With 3 children aged 16,18,19 I am hugely indebted and respectful to my wonderful wife Ceri, who re-energises me with long cycle rides and dog walks over the weekend.

Where do you see yourself and your startup ENOUGH in five years?

Within 5 years, I see ENOUGH producing in 3 locations (Europe, North America, Asia) with close to 100k tonnes of installed capacity, which will put us on track to achieve our goal of 1M tonnes produced in 10 years. To do that we absolutely need to maintain our philosophy of collaboration, with supply and demand partners.
To achieve this we need to continue to strengthen the Team, and we also need to ensure we are true to our values which include:

Integrity – Professionalism, Respect, Do the right thing
Impact – Making a difference, Achieving high scale
Team – Collaborative, Trust, Empowerment
Passion – Energy, Motivation, Pride
Family – Doing things right, taking responsibility, caring

What 3 tips would you give to founders?

Do what you love and something you can be passionate about
Your team is your most important asset and always try and recruit someone who can be better than you.
Trust is the thing that will superpower your organisation.

Thank you Jim Laird for the Interview

Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.