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Reverion eyes commercial launch to draw more energy out of biogas • ZebethMedia

Born inside the Technical University of Munich, the engineers behind Reverion say they’ve had their heads down for seven years developing a way to get more electricity out of biogas and existing fuel-cell technology. Biogas comes from decomposing waste and is mostly made up of methane. It’s a form of chemical energy that must be converted into electricity before it can flow into homes. You could do this by burning it, but that would release pollutants and waste around half the energy; a comparably cleaner and more efficient option is to use fuel cells, which generate electricity via an electrochemical reaction — sort of like a battery. Either way, some energy is lost in the conversion process, but Reverion aims to push biogas fuel-cell efficiency toward its limit. “Normally, the industry fights for say, a 0.2% increase in efficiency per year. That’s even an achievement,” Reverion chief executive Stephan Herrmann told ZebethMedia. “We get an increase from the best power plant that’s available, of 60%, to 80% just in one step.” According to Herrmann, Reverion achieves this 20% efficiency boost by capturing and processing gas that would otherwise go unused inside the fuel cell. The CEO of the Eresing, Germany-based company presented today in San Francisco at ZebethMedia Disrupt Startup Battlefield. “Fuel cells themselves always have had this like 80% efficiency in them, but they have some limits,” said Herrmann. “What typically happens is that up to 30% of the fuel you feed to the fuel cell comes out unused again.” The CEO added, “We eliminate that by basically re-increasing the quality of the gas in two steps and then recycling it into the fuel cell.” With $7 million in tow, the startup says it is now gearing up to pilot 10 modular power plant units, each housed in 20-foot shipping containers with enough capacity to power 100 households apiece. Reverion aims to deliver its first unit “roughly” by the end of the first quarter of 2023 — and all 10 before the end of the year. The company secured its seed funding from Germany’s Federal Ministry of Economics and Climate Protection, the European Social Fund and XPrize.

Incooling is building servers that use liquid to cool down • ZebethMedia

The way Incooling CEO Helena Samodurova sees it, the IT world is experiencing two major crises: an energy crisis and a supply chain crisis. For IT teams, satisfying new climate-friendly energy budgets is presenting a challenge, particularly when dealing with older computer hardware. At the same time, acquiring improved, less power-sucking machines is becoming tougher both because of shipping backlogs and because hardware is quickly running up against efficiency limits. Motivated to solve the dual crises — an ambitious goal, to be sure — Samodurova co-founded Incooling, which focuses on efficiency in data centers. Incooling, which is pitching in the  Startup Battlefield at Disrupt, designed a custom-built server with a proprietary cooling system that it claims allows for superior thermal management, enabling the server to achieve high-efficiency standards. “Our own design and cooling allows for unleashing the full potential of today’s technologies which otherwise are not met due to heat and space constraints,” Samodurova told ZebethMedia in a recent interview. “With our technology, we are able to increase the performance on scaleable and non-scaleable tasks by accelerating the existing hardware and saving … on energy use.” Samodurova began developing Incooling’s tech in 2018 with Rudie Verweij, the company’s second co-founder. The two met at the High Tech Campus, a tech center and R&D ecosystem on the Southern edge of the Dutch city of Eindhoven, during a hackathon. After partnering with CERN in Switzerland — Samodurova leveraged connections there through her work at HighTechXL, an incubator that’s previously commercialized CERN technologies — Samodurova and Verweij designed prototype server hardware. Their server uses a two-phase cooling system with refrigerants specifically designed for extreme heat and conditions, which Samodurova claims allows it to a reach some of the fastest processor speeds of any server on the market. A diagram illustrating how Incooling’s phase-change cooling system works. Image Credits: Incooling Incooling’s secret sauce, if you will, is the aforementioned cooling design and control. Samodurova says the system is able to quickly respond to fluctuating heat loads, adjusting to ensure the server’s processor stays within safe temperature ranges. “As we are entering a new market — cooling and compute — we don’t really have direct competition,” Samodurova said. “Cooling companies focus only on cooling and server manufacturers only on the end server, whereas we take the best from both worlds and combine it in the ultimate custom solution where every major component is specifically designed to perform at their designed maximum capacity and that way enhance the end result above the current market benchmarks.” Certainly, Incooling’s mission is an important one. It’s estimated that data centers consume about 3% of the global electric supply and account for about 2% of total greenhouse gas emissions worldwide; cooling costs can total around $2 billion a year. While traditional data centers consume less energy than they used to, the demand for compute to drive AI-powered applications and accommodate the growing public cloud threatens to derail progress. Samodurova was loathe to reveal much about how Incooling managed its servers’ efficiency improvements — it’s early days for the company, which is in the midst of raising capital. But she did say the cooling system employs phase-change cooling, a technique that can provide a more reliable way to cool electronics than conventional air conditioners and air compressors. Phase-change cooling harnesses a cooling fluid’s latent heat of vaporization — the point at which it transitions from a liquid phase into a gaseous phase and vice versa. Fluid in a phase-change cooling system collects heat until it vaporizes, at which point it becomes less dense and travels to the cooler part of the system. There, it dissipates the heat, and as it does so, the gas transitions back into a liquid and recirculates back toward the heat source. Phase-change cooling offers several benefits, perhaps chief of which is reduced energy usage and thus costs. Unlike, say, a fan, the system doesn’t require a continuous supply of electricity to cool components. As an added benefit, because it doesn’t contain moving parts, it’s less prone to mechanical failure. It’s hardly a new technology. Phase-change cooling features in Xiaomi’s circa-2021 Mi 11 Ultra smartphone. And on the server front, Microsoft has experimented with a two-phase cooling system on the banks of the Columbia River, using steel holding tanks to submerge servers below the water and carry heat away from their processors. A render of Incooling’s server, based on an existing Gigabyte blade. Image Credits: Incooling Rival startups are experimenting with phase-change cooling for servers, also. Submer Immersion Cooling — which has venture backing — submerges servers in a special, contained fluid, allowing techs to swap hardware components even while the system is operational. Meanwhile, ZutaCore’s processor-cooling technology dissipates heat through a liquid contact. But Samodurova asserts that Incooling, which currently has a 12-person team, is “continuously growing” as it prepares to mass-produce its server next year. She wouldn’t answer questions about potential customers or projected revenue, but she claimed that one of Incooling’s prototypes has been running in a data center for over a year. Also notable, Incooling has a partnership with PC manufacturer Gigabyte to use the latter’s R161 Series, G-Series, and H-Series server platforms as the testbed for Incooling’s tech. In a preliminary run, Incooling said it achieved up to 20 degrees Celsius lower processor core temperatures — leading to an up to 10% increase in boost clock-speed and 200 Watts lower power draw. “The pandemic showed how much we rely on technology and how important reliable connections are,” Samodurova said. “Due to pandemic, we were able to directly showcase Incooling’s added value by bridging the gap between the demand for compute and the existing solutions.”

Sundial Foods is taking ‘chicken wings’ in a new direction • ZebethMedia

Alternative proteins are coming in every shape and form, and Sundial Foods is making its mark in one of sports bars’ favorite staples: wings. Co-founders Jessica Schwabach and Siwen Deng started the company in 2019 to create vegan chicken wings that look just like the traditional cut of meat. The pair met in U.C. Berkeley’s alternative meats program. “We were assigned to a project to try and solve the dryness problem of the alternative meat product,” Deng told ZebethMedia. “We came up with this idea to apply a physical barrier on all sides to lock all the moisture and increase the juiciness.” What the co-founders were going for was the same fried food meat-eaters know, but with a fully plant-based skin, meat and bone. Their proprietary technology simulates a whole cut of meat, complete with similar texture and muscle structure. It is also made with ingredients like water, chickpeas and sunflower oil and contains more fiber and less saturated fat than chicken but about the same amount of protein. They went on to participate in the Nestlé R&D Accelerator in Switzerland where they were able to test their formula for the plant-based wings. This included a co-branded product with Nestlé’s plant-based food brand Garden Gourmet and test launch in more than 40 retail outlets across Switzerland. While exhibiting as part of the Battlefield 200 at TC Disrupt, they told ZebethMedia that they are actively raising a Series A — after raising a $4 million seed round in 2021 — and have plans to expand outside of foodservice and into retail early next year. Sundial Foods started its pilot line with restaurants. You can already find their wings in two locations in San Francisco, Farming Hope at Manny’s and Foghorn Taproom. Farming Hope at Manny’s is selling Sundial’s wings for $8 for two, meaning the price is about three times that of traditional wings, which is currently about $1.68 per pound. “The demand is higher, right now than we can support, so we are moving to full-scale manufacturing,” Schwabach said in an interview. “We have already identified our manufacturing partner and will be working with them for the next six to eight months before going into retail next year.” The plan is to focus on local retailers initially and work on getting the volume, packaging and other items right before expanding into larger retailers. And, as they approach full-scale manufacturing, the co-founders say they will be working on meeting the price parity of chicken wings.

Flights to offer drinks, snacks and now Starlink • ZebethMedia

Having barely expanded Starlink onto the seas and looking at the Ukraine war as a business opportunity, Elon Musk has expanded Starlink through a commercial- and private jet-focused sub-brand, Starlink Aviation. The idea of having Wi-Fi up in the sky isn’t new, but your service is typically limited. On a commercial flight, one is charged fees to access, at best, mediocre service. Most in-flight services use air-to-ground services which top out at around 10 Mbps. Because the speeds offered are per plane, what you actually get is dependent on how many individuals are using it. For the most part, Starlink Aviation is tackling the speed issue, claiming to provide services that’ll let users game, stream, make video calls and so on “at any altitude”. The service will offer 350 Mbps (the same offered on Starlink Maritime) on each plane and with “latency as low as 20 ms.”. “Passengers can engage in activities previously not functional in flight, including video calls, online gaming, virtual private networks and other high data rate activities,” Starlink claims on its website. “As the world’s largest satellite constellation with coverage over land, the oceans and polar regions, Starlink is positioned to connect passengers wherever your flight routes evolve.” However, with monthly fees ranging from $12,500-$25,000 and a one-time hardware installation cost of $150,000 the question of accessibility has been thrown out the door. The kits will include the Aero Terminal (an “electronically steered phased array antenna” that sits flush to the plane’s surface) 2 wireless access points. The service noted there are no long-term contracts and any hardware is covered by warranty for as long as the buyer subscribes. Starlink has already secured a deal with Hawaiian Airlines to provide their Wi-Fi service to passengers, according to a report from CNBC. The report further detailed the airline will provide the service to passengers for free across their Boeing 787s and 717s. SpaceX has also secured a contract with charter carrier JSK. It’s a direct challenge to Gogo, the leading inflight connectivity provider. Buyers can begin accessing Starlink Aviation at the start of 2023.

Kevin Hart’s Hartbeat Ventures takes its first outside investment from J.P. Morgan • ZebethMedia

Hartbeat Ventures is taking in its first institutional investment from J.P. Morgan, comedian and entrepreneur Kevin Hart announced today at ZebethMedia Disrupt. He made the announcement alongside J.P. Morgan’s head of digital investment banking and digital private markets Michael Elanjian and Hartbeat Ventures’ president and co-founder Robert Roman. Hartbeat Ventures, an early-stage VC firm with a focus on lifestyle, media and technology, is focused on inclusion — financial inclusion, specifically. A portion of the new fund will be allocated toward supporting minority and underrepresented founders. Hart said he had a bit of trouble entering the world of investing and noted that there is a learning curve. “I had to learn why investing was okay,” Hart said. “From my understanding, the world of investing — well, it was attached to the space of a con. You’re trying to con me out of my money. I don’t trust you. I’m not giving nobody my money so they can run off and do what they want — that was my challenge. The biggest learning curve for me was understanding that the investment has a timeline attached to it and because I invested today, does that mean I get anything tomorrow?” Robert Roman at Hartbeat Ventures and Kevin Hart talk with Natasha Mascarenhas, Sr Reporter at ZebethMedia, to discuss “The Art of Inclusivity” at ZebethMedia Disrupt in San Francisco on October 19, 2022. Image Credit: Haje Kamps / ZebethMedia Hart touched on how he learned that it’s important to be confident when investing and understanding the world of growth. He noted that his biggest challenge was understanding that investments have a timeline and that it’s important to learn how the economy works and how to make your money work for you. He also said that he trusts his team to do what is best for the firm and that he has aligned himself with people who have invested successfully. “This is not a Kevin Hart machine that Kevin Hart stands in front of and I said it has to happen and there’s no other way,” Hart said. “This is a table. This is a table where we sit and we talk, we ideate and we come up with the best possible ideas. That’s something that I’ve done very well over the years. I’ve aligned myself with people who have done it right and that’s how I’ve learned.” As for the investment from J.P. Morgan, Elanjian said that the investment marks the max allocation that the company has provided through Project Spark, which is the company’s initiative that invests proprietary capital into diverse and women-led ventures. “We created an initiative a couple years ago called Project Spark, which is how can we give diverse funds capital and first-time fund managers to change that equation,” Elanjian said on stage. “Over the last few years, we’ve put $90 million into 23 funds have gone on to raise over $900 million of capital. And so through this project and through meeting with Kevin’s team, we’re super excited that as of yesterday, we just closed and JP Morgan is now the first investor in Hartbeat ventures, new fund and we’re very excited for the things that we can do together.” Roman also announced that he has invested personal capital into Hartbeat Ventures but wouldn’t disclose how much. Hartbeat Ventures has already invested in a number of companies, including electrolyte beverage brand BrightFox, avatar platform Ready Player Me, sustainable bottled water brand Path, massage therapy device Therabody, sustainable packaging brand Cleancut, car leasing platform Rodo and social food ordering platform Snackpass.

How can I launch a startup while on OPT? • ZebethMedia

Sophie Alcorn Contributor Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: How can I protect my H-1B and green card if I am laid off? Dear Sophie: Any tips for negotiating visa and green card sponsorship? Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says Sophie Alcorn, a Silicon Valley immigration attorney. “Whether you’re in people ops, a founder or seeking a job in Silicon Valley, I would love to answer your questions in my next column.” ZebethMedia+ members receive access to weekly “Dear Sophie” columns; use promo code ALCORN to purchase a one- or two-year subscription for 50% off. Dear Sophie, I’m an international student in the U.S. in F-1 status. I will graduate with a bachelor’s degree in computer science this May and plan to apply for OPT. I want to launch a startup. Can I do that with OPT? What options would I have after OPT to continue growing my company? — Forward-Looking Founder Dear Forward-Looking, It’s so exciting to hear you’re planning ahead for your startup founder journey. Taking this route requires planning and forethought. Consult an immigration attorney for guidance as well as precautionary measures to mitigate risks and protect you along the way. Launching a startup on OPT As an F-1 student with OPT work authorization (work permit), you can get your company up and running and be self-employed as long as you’re putting your degree to work. You must also work full time and have all the proper business licenses that your state requires. You don’t have to wait until you get OPT to start setting up your company. Under immigration law, doing things like forming the legal entity for your company, pitching potential investors or negotiating contracts are not considered work, so you are allowed to do them without OPT work authorization. Image Credits: Joanna Buniak / Sophie Alcorn (opens in a new window) That way, once you’re on OPT, you will have a full 12 months to focus on operating your startup. F-1 students can apply for OPT up to 90 days before completing their degree, but no later than 60 days afterward. Take a look at this previous Dear Sophie column on OPT and contact your university’s DSO (designated school official) for more information. If you already know you want to maintain your startup in the U.S. and find investors here, then talk to a corporate attorney to determine how to structure the company. In general, U.S. investors want to deal with Delaware C corporations. Even though you incorporate in the state of Delaware, your startup can be based in Silicon Valley or anywhere in the U.S.

Bendy batteries could power new categories, and Anthro Energy thinks its cracked the code • ZebethMedia

Battery technology has made significant strides in recent years, but there’s one place they haven’t changed much — they’re still as stiff as a board. The era of inflexible portable power may be coming to an end, though, if Anthro Energy can bring its bendy batteries to market. It’s getting some help with that courtesy of an oversubscribed $7.2 million seed round, which the company is announcing today, ZebethMedia exclusively learned. The round was led by Union Square Ventures and Energy Revolution Ventures with participation from Voyager Ventures, Emerson Collective, Nor’easter Ventures, Ultratech Capital Partners and the Stanford President’s Venture Fund. Anthro was founded by chemists David Mackanic and Joe Papp, who saw an opening for a flexible polymer that could not only give batteries new properties but also offer a quicker way to market than the frequently cited automotive route. “Batteries are faced with this kind of really severe innovator’s dilemma, where to get into something like an auto, it takes a ton of validation, a ton of technology development and a ton of time,” Mackanic said. “And so I realized if I want to make a difference in the battery space, I’ve got to think differently about the problems I’m solving, I’ve got to think differently about how we’re bringing this to market.”

Well, that was Fast • ZebethMedia

Equity goes live at ZebethMedia Disrupt Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. And for the first time in the history of the show, the ZebethMedia pod that opened up Disrupt on the big stage. Alex, Natasha and Mary Ann got to be together to record in person for the first-time ever, and it went exactly as wild as you thought it would (we forgot this is what make up feels like!). We started with a deal of the week, which, in typical Equity style, had to be about a snarky comeback story and inequity. Then we spoke about our three themes of the year, ranging from reputation checks to scrappy requests to, of course, grace as a leadership style. Natasha wanted to talk about, in her own words, the nuance of reputation but more importantly when it matters versus when it’s ignored. Alex wanted to riff on starting being forced to learn how to be scrappy, after a long period of being perhaps over-stuffed. And, finally, Mary Ann wanted to discuss the importance of humility. Which, frankly, is not something that we talk about enough. Thank you to everyone who came out to our live show, and for those who didn’t, hope you enjoy and meet us next year. Onward! Equity drops every Monday at 7 a.m. PT and Wednesday and Friday at 6 a.m. PT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. ZebethMedia also has a great show on crypto, a show that interviews founders, a show that details how our stories come together and more!

Klarna launches new creator features and shoppable video • ZebethMedia

As consumers turn to content creators to influence their online shopping habits, Klarna, the buy now, pay later platform, today launched a new Klarna Creator app for retailers and influencers to collaborate on brand campaigns and to track earnings, performance and sales. Klarna’s creator platform allows over 50,000 vetted creators to have access to leading brands and retailers. Retailers can use the app to direct message a creator they want to partner with and send them products for content. The app also has a tracking feature to watch sales and commissions. The new creator tool is available for desktops, iOS devices and Android devices. Separately, the company also announced new features and updates to its Klarna platform, which rolled out to the U.S. today. These include shoppable video content, a new search and discovery tool, as well as a donations feature and an upgraded CO2e tracker. Image Credits: Klarna Over 150 million global consumers use Klarna’s platform for its flexible payment options. Consumers can shop from 400,000 retailers on the app while having the choice to pay immediately, pay later or pay over time. With today’s announcement, the Sweden-based company hopes to move beyond being just a payment platform but a place for consumers to search and discover, for influencers to create content and for retailers to promote their products. “Seventeen years ago, Klarna started as a place where you could pay…With this latest product release, we strengthen our position as a true shopping utility for consumers and a growth partner for retailers and lay the groundwork for a new era of shopping where the entirety of the world’s commerce will be condensed into one single point,” Klarna co-founder and CEO Sebastian Siemiatkowski told ZebethMedia. The most notable feature added to Klarna’s platform is the “Watch and shop” widget. According to Klarna’s 2022 Holiday report, 65% of Gen Z favor video content when shopping online. So, as Gen Z shoppers turn to video-based platforms like TikTok and Instagram, consumers can also go to Klarna for video content that’s specifically tailored for shopping and discovering products by well-known brands. At launch, 70 cosmetics brands use the feature, such as Haus Labs By Lady Gaga, e.l.f. Cosmetics, Keys Soulcare and more, with videos on the app ranging from unboxings, tutorials and reviews. Consumers can also save videos of brands they like or add them to their wishlists. Since soft launching “Watch and shop” three months ago, the brands “see an average click-through rate 3x higher than click-through rates of social media platforms,” Siemiatkowski claimed. Image Credits: Klarna The new search and compare tool allows consumers to look up what products are on sale, the lowest price, rankings, ratings, shipping options and what’s in stock. Consumers can also use automated coupons at check-out to save even more money. Klarna is also expanding its sustainability efforts with an upgraded CO2 tracker and a new donations feature. The tracker displays emissions from over 50 million products, bringing more awareness to carbon footprints. Consumers can use the donations feature to donate products to high-impact organizations.

Adobe’s AI prototype pastes objects into photos while adding realistic lighting and shadows • ZebethMedia

Every year at Adobe Max, Adobe shows off what it calls “Sneaks,” R&D projects that might — or might not — find their way into commercial products someday. This year is no exception, and lucky for us, we were given a preview ahead of the conference proper. Project Clever Composites (as Adobe’s calling it) leverages AI for automatic image compositing. To be more specific, it automatically predicts an object’s scale, determining where the best place might be to insert it in an image before normalizing the object’s colors, estimating the lighting conditions and generating shadows in line with the image’s aesthetic. Here’s how Adobe describes it: Image composting lets you add yourself in to make it look like you were there. Or maybe you want to create a photo of yourself camping under a starry sky but only have images of the starry sky and yourself camping during the daytime. I’m no Photoshop wizard, but Adobe tells me that compositing can be a heavily manual, tedious and time-consuming process. Normally, it involves finding a suitable image of an object or subject, carefully cutting the object or subject out of said image and editing its color, tone, scale and shadows to match its appearance with the rest of the scene into which it’s being pasted. Adobe’s prototype does away with this. “We developed a more intelligent and automated technique for image object compositing with a new compositing-aware search technology,” Zhifei Zhang, an Adobe research engineer on the project, told ZebethMedia via email. “Our compositing-aware search technology uses multiple deep learning models and millions of data points to determine semantic segmentation, compositing-aware search, scale-location prediction for object compositing, color and tone harmonization, lighting estimation, shadow generation and others.” Image Credits: Adobe According to Zhang, each of the models powering the image-compositing system is trained independently for a specific task, like searching for objects consistent with a given image in terms of geometry and semantics. The system also leverages a separate, AI-based auto-compositing pipeline that takes care of predicting an object’s scale and location for compositing, tone normalization, lighting condition estimation and synthesizing shadows. The result is a workflow that allows users to composite objects with just a few clicks, Zhang claims. “Achieving automatic object compositing is challenging, as there are several components of the process that need to be composed. Our technology serves as the ‘glue’ as it allows all these components to work together,” Zhang said. As with all Sneaks, the system could forever remain a tech demo. But Zhang, who believes it’d make a “great addition” to Photoshop and Lightroom, says work is already underway on an improved version that supports compositing 3D objects, not just 2D. “We aim to make this common but difficult task of achieving realistic and clever composites for 2D and 3D completely drag-and-drop,” Zhang said. “This will be a game-changer for image compositing, as it makes it easier for those who work on image design and editing to create realistic images since they will now be able to search for an object to add, carefully cut out that object and edit the color, tone or scale of it with just a few clicks.”

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