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The most critical systems of our modern world rely on GPS, from aviation and road networks to emergency and disaster response, from precision farming and power grids to weather forecasting and military defense. That dependence is becoming a problem. We ve got an increased threat from foreign adversaries who have shown capabilities to jam, to destroy, to spoof the signals of GPS, which is scary, Shaun Moore,
adidas original samba CEO and co-founder of Tern AI, a startup that wants to provide an alternative to GPS, told TechCrunch. The economic impact in the United States, if that were to happen, would be catastrophic. Moore, who sold his last company Trueface to Pangiam in 2021, said Tern AI s goal is to remove the bull -eye that s on the back of GPS right now. Tern AI came out of stealth in February and just raised a $4.4 million seed round from Scout Ventures, S
adidas originals hadow Capital, Bravo Victor VC and
adidas originals donna Veteran Fund. The startup has come up with a so-called Independently Derived Positioning System IDPS Vvnl eStreamly blends physical digital shopping with the video as the star
There actually a strong connection around that recent round. It was led by Line Ventures, the investment arm of messaging app Line, which is owned by Naver. The size of the Naver i
pink sambas nvestment hasn ;t been disclosed, but iPrice has raised close聽to $10 million to date. Its investor base includes聽Asia Venture Group AVG , 500 Startups, Venturra Capital, Gobi Partners, Cento Ventures, Econa and Starstrike Ventures.Naver is best known for
reebok de its search engine, and content portals, but it also聽operates a shopping and price comparison engine in Korea. That something that iPrice can take valuable lessons from, according聽to a statement from the startup
adidas campus black 8217 CEO聽David Chmelar.iPrice is headquartered in Kuala Lumpur, Malaysia, and it operates an e-commerce aggregator service that pulls in prices from a range of services, including Alibaba-owned Lazada and Shopee, the online retail site from U.S.-listed Sea. Founded in 2015, it covers six countries in Southeast Asia 聽Mala