That’s according to Jonathan Sanders, CEO and co-founder of fledgling Danish startup Light, which exits stealth Wednesday with $13 million in a seed round of funding led by European VC giant Atomico.
The Copenhagen-based startup is reimagining general ledger software from the ground up, replete with AI to cleanse transactional data, while also enabling finance teams to ask plain-English questions and receive straightforward answers from their data.
Enterprise resource planning (ERP) software is king, packing support for CRM (customer relationship management), HR (human resources), project management, and perhaps the most crucial component of all, the general ledger.
And it’s this element of the ERP that Light is focused on dragging into the modern digital era, where AI increasingly rules the roost.
“Our mission is to be the first automated ledger for global companies,” Sanders told TechCrunch.
Light, the maker of the minimalist phone with an e-paper screen, is announcing its newest model, the Light Phone III.
Like its earlier counterpart, the Light Phone III offers a simple black-and-white display, without access to social media, the internet or email.
Between the first two models, the Light Phone I and Light Phone II, the company has shipped over 100,000 devices, with the latter accounting for roughly two-thirds of those sales.
The Light Phone III will target the larger demographic that are already using the non-smartphone as their main device.
Image Credits: LightAll the upgrades make the new device more expensive: The Light Phone III is $799 compared with the $299 Light Phone II.
Two years ago, Prolific Machines unveiled its technology for a unique manufacturing approach to grow cells for industries, including cultivated meat.
In addition, cell growth is hard to optimize because it’s not in a format that machines can understand.
“For the last few decades, the way that we’ve been controlling cells is with molecules,” Kent said.
We add these molecules into the bioreactors and hope for the best.”Prolific Machines’ protein manufacturing bioreactor (Image credit: Prolific Machines) Image Credits: Prolific Machines /Prolific Machines believes it has a way of transitioning away from these molecules to something better: light.
It includes convertible notes and brings Prolific Machines’ total funding to date to $86.5 million.
Building owners are often in the dark about their carbon pollution.
A new algorithm could shed light on itStarting this year, thousands of buildings in New York City will have to start reducing their carbon emissions.
There are plenty of tools out there that can convert an electric bill into estimated carbon emissions, but many are based on rough estimates.
It’s why Nzero, a carbon-tracking startup, developed a new algorithm, giving building owners reports that estimate carbon pollution down to the hour.
From there, the company’s software helps building owners identify upgrades and retrofits that will reduce emissions while also being the most cost effective.
On Wednesday, the tech giant announced that a handful of enhanced editing features previously limited to Pixel devices and paid subscribers — including its AI-powered Magic Editor — will now make their way to all Google Photos users for free.
But with the growing number of AI-powered editing tools flooding the market, Google has decided to make its set of AI photo editing features available to more people for free.
Previously, these kinds of edits would require Magic Eraser and other professional editing tools, like Photoshop, to get the same effect.
With the expansion, Magic Editor will come to all Pixel devices, while iOS and Android users (whose phones meet the requirements) will get 10 Magic Editor saves per month.
The other tools will be available to all Google Photos users, no Google One subscription is required.
The $350 LED bedside lamp is an intentionally simple product.
Our lamp provides significant value for its price, and this is the last bedside lamp I’ll ever need.
Color Rendering Index (CRI) is a quantitative measure of how accurately a light source can reproduce the colors of various objects in comparison to a natural light source.
Bringing the Nightside lamp to market wasn’t without its challenges.
As the Nightside lamp continues to illuminate the lives of its users, Gupta’s story serves as an inspiration for aspiring product-makers.
Alsym wants to ‘light up homes for a billion people’ with its new batteryLithium-ion batteries have transformed the global economy, making possible everything from smartphones and laptops to electric vehicles, e-bikes, and more.
With the advent of cheap solar, making electricity has never been cheaper or easier.
The electrolyte is water-based, a departure from the flammable organic solvents used in lithium-ion batteries.
Alsym also says its batteries will be cheaper than lithium-ion, thanks to the less exotic materials and simpler packs.
Ultimately, it will partner with existing battery manufacturers, since Alsym’s batteries can be produced using existing equipment.
Troubled EV startup Faraday Future has issued its first recall, covering all 11 vehicles it built last year, as it fights to hold onto its Los Angeles headquarters.
The recall centers around a problem with the warning light for the airbags in Faraday Future’s FF91 SUV.
Faraday Future says it will “schedule concierge pick up, and redelivery, of the owners’ vehicles” to fix the software.
The landlord of its LA headquarters is trying to evict the startup after Faraday missed multiple lease payments.
Still, it is remarkable that after nearly 10 years and close to $4 billion in losses, Faraday Future has even made it to the point that it needs to issue a recall at all.
Catalan startup Showee, which is building smart showers with accessibility in mind, is one such company.
Here’s a video showing how it works:More than the hardware, Showee won awards and praise for the social impact it’s trying to make.
The company’s CTO, Eloi Mirambell, admitted that the smart shower’s price will have to go down before it has a real chance at B2C.
The startup says its shower uses 50% less water than a regular shower.
In its FAQ, the startup says that all shower units are sold out, but Showee will be available again starting April 2024.
Light therapy lamps have become increasingly popular as a result.
These products rely on the visible light spectrum, in a bid to mimic the sun’s impact for those of us who spend more of our waking hours in front of a computer than we care to mention.
More recently, use of the “near-infrared” (NIR) segment of the light spectrum has been growing in popularity as a potential alternative to visible light.
As the name implies, the segment sits between infrared and visible light, at around 600 and 1000 nanometers.
That said, it’s probably still safe to suggest that the jury is still out on a lot of this stuff.
