With consumer sentiment continuing a downward trend, falling 14.4% in June according to the University of Michigan Surveys of Consumers, many companies are tightening their belts. Inflation is outweighing income growth. How will inflation impact your company’s bottom line and, if you are the tech talent, your cost of living?
North American EV charging company FLO has just announced plans to open its first U.S. manufacturing facility in Michigan in 2022. This is part of a plan to accelerate execution of its U.S. market strategy to support electric vehicle charging infrastructure. FLO’s new facility will be located in the north Detroit suburb of Auburn Hills, and expects the new location will make a major contribution to Michigan’s electrification future.
The robotics and automation industry has grown exponentially over the past decade. The market for robotics technology in the world was worth $62.75 billion in the year that ended in 2019 and is predicted to grow to $189.36 billion by 2027. One of the critical elements that have contributed to the growth of the robotics industry is the integration of modern manufacturing techniques, such as CNC machining.
Ann Arbor-based renewable energy O&M solutions startup SkySpecs has just announced an $80 million strategic capital raise led by the Sustainable Investing business within Goldman Sachs Asset Management with additional participation from a subsidiary of NextEra Energy Resources and other existing SkySpecs investors including Statkraft Ventures, Equinor Ventures, Evergy Ventures, UL Ventures and Huron River Ventures. This is one of the biggest startup raises in Michigan history.
Evergreen Climate Innovation’s 501vc Investment Fund now invests $200k – $300k in early-stage climate tech startups in the Greater Midwest. This climate tech-focused investment fund is looking to support climate startups specifically in the tech space that are headquartered in places like Michigan, Ohio, Pennsylvania, Indiana, and the surrounding states, a location that is historically under-funded for climate tech.
Septentrio, an industry leader in high-precision GNSS positioning solutions, has just announced a collaboration with MicroPilot, a creator of professional UAV autopilot systems.
CarBeast is a Michigan and California-based startup who created an AI tool with a different application: it helps you make informed decisions about the repair and maintenance of your car, even before it has problems.
With consumer sentiment continuing a downward trend, falling 14.4% in June according to the University of Michigan Surveys of Consumers, many companies are tightening their belts. Inflation is outweighing income growth. How will inflation impact your company’s bottom line and, if you are the tech talent, your cost of living?
North American EV charging company FLO has just announced plans to open its first U.S. manufacturing facility in Michigan in 2022. This is part of a plan to accelerate execution of its U.S. market strategy to support electric vehicle charging infrastructure. FLO’s new facility will be located in the north Detroit suburb of Auburn Hills, and expects the new location will make a major contribution to Michigan’s electrification future.
The robotics and automation industry has grown exponentially over the past decade. The market for robotics technology in the world was worth $62.75 billion in the year that ended in 2019 and is predicted to grow to $189.36 billion by 2027. One of the critical elements that have contributed to the growth of the robotics industry is the integration of modern manufacturing techniques, such as CNC machining.
Ann Arbor-based renewable energy O&M solutions startup SkySpecs has just announced an $80 million strategic capital raise led by the Sustainable Investing business within Goldman Sachs Asset Management with additional participation from a subsidiary of NextEra Energy Resources and other existing SkySpecs investors including Statkraft Ventures, Equinor Ventures, Evergy Ventures, UL Ventures and Huron River Ventures. This is one of the biggest startup raises in Michigan history.
Evergreen Climate Innovation’s 501vc Investment Fund now invests $200k – $300k in early-stage climate tech startups in the Greater Midwest. This climate tech-focused investment fund is looking to support climate startups specifically in the tech space that are headquartered in places like Michigan, Ohio, Pennsylvania, Indiana, and the surrounding states, a location that is historically under-funded for climate tech.
Septentrio, an industry leader in high-precision GNSS positioning solutions, has just announced a collaboration with MicroPilot, a creator of professional UAV autopilot systems.
CarBeast is a Michigan and California-based startup who created an AI tool with a different application: it helps you make informed decisions about the repair and maintenance of your car, even before it has problems.
AI tool Sophie, from Stefanini, is now helping run factories, because of a partnership between Stefanini Group and Lawrence Technological University (LTU). It’s one of the first applications we’ve seen of natural language processing for AI integration with smart manufacturing, and we sat down with Stefanini leadership to learn about the challenges of developing AI for manufacturing applications and why this type of application is a cutting edge use of the technology.
Have you been waiting for a2tech360, Ann Arbor’s tech week, to come back post-pandemic? This year, the week-long festival of all things Ann Arbor tech is coming back in October. Details below.
Thanks to the generous support and interest of those of you in the Midwest tech community and beyond, Cronicle Press has just hit another milestone: 400 articles covering the growth of Midwest tech hubs like Ann Arbor, Detroit, Columbus and Chicago.
