fencingforum.com

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Elon Musk and Tesla found not liable in lawsuit over “funding secured” tweet

    February 4, 2023

    TikTok opens transparency center as it faces new threats of government ban

    February 2, 2023

    Boeing to retire 747 as NASA invests in sustainable aircraft design

    February 2, 2023
    Facebook Twitter Instagram
    fencingforum.com
    • Home
    • News

      Elon Musk and Tesla found not liable in lawsuit over “funding secured” tweet

      February 4, 2023

      TikTok opens transparency center as it faces new threats of government ban

      February 2, 2023

      Boeing to retire 747 as NASA invests in sustainable aircraft design

      February 2, 2023

      FTC tracks GoodRx to sell user health data

      February 1, 2023

      ChatGPT, OpenAI, Napster: AI is the future, so is litigation

      February 1, 2023
    • Crypto

      2022 Will Be Biggest Year Ever For Cryptocurrency Hacking, Report Says

      February 1, 2023

      Massachusetts Provident Solves Past Crypto Problems

      February 1, 2023

      Chiron Investigation Saves The Crypto Community With Unique Recovery Service

      February 1, 2023

      Cryptocurrency Exchange Gets Favorable Judgment In Arbitration Of Claim For Alleged Trading Loss | Proskauer – Blockchain & Law

      February 1, 2023

      Illinois Crypto Investors Share $45 Million Settlement

      February 1, 2023
    • Startup

      Proptech Startup Appoints Braves Following Competitive Pitch Today

      February 2, 2023

      Mental health startups form a union.Additionally, the Covid emergency ending in May

      February 2, 2023

      Web development startup Netlify acquires rival Gatsby

      February 2, 2023

      PitchBlack, the startup competition for black entrepreneurs, returns with a new venue

      February 2, 2023

      Meet the eight companies that make up StarTUp in The Armory’s first winter cohort

      February 1, 2023
    • Technology

      Gorilla Technology Group Appoints Lawrence Ng as Head of Asia

      February 1, 2023

      Tom Hanks, Robert Zemeckis’ new movie will use deepfake AI technology

      February 1, 2023

      See the achievements of Iran’s space technology

      February 1, 2023

      Advanced material market for nuclear fusion technology

      February 1, 2023

      12 Information Technology Stocks to Move in Wednesday’s Intraday Session

      February 1, 2023
    • Trending

      New Orleans mayor says violent crime trend is ‘encouraging’

      February 1, 2023

      Timberwolves basketball boss says Karl-Anthony Towns is ‘moving in a really positive direction’ – Twin Cities

      February 1, 2023

      What are the trends in nutrition? value, value, value.

      February 1, 2023

      Why is ‘Andrea Riseborough’s Oscar controversy’ a trend?

      February 1, 2023

      Mushrooms will continue to be a trend food in 2023 – Produce Blue Book

      February 1, 2023
    Facebook Twitter Instagram
    fencingforum.com
    Home»Startup»Smart contact lens startup Pivot lays off 75% of staff
    Startup

    Smart contact lens startup Pivot lays off 75% of staff

    admin1By admin1January 6, 20232 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Mojo Vision, a startup that has spent years working on smart contact lenses with built-in displays, has pivoted from its focus and laid off three-quarters of its staff.

    why it matters: Many ambitious initiatives in tech, especially in augmented and virtual reality, are facing challenges amid a slowing economy and worsening funding conditions.

    detail: The company said in a blog post on Friday that it was shifting its immediate work to focus on the Micro LED display technology it developed for use in smart contacts.

    between lines: The company demonstrated a working prototype last year, but it’s still years away from commercialization.

    • In a blog post, CEO Drew Perkins said, “While making significant progress in product development, Mojo faced significant funding challenges.
    • “With a sluggish global economy, extremely tight capital markets, and an unproven market potential for advanced AR products, Mojo Vision is in a position to find additional private funding to continue the development of Mojo Lens. I could not do it. “

    Big picture: Mojo Vision isn’t the only company pursuing smart contacts.

    • Google has invested in developing lenses that can be used to measure blood sugar levels, but this has proven difficult.
    • Other big names, including Samsung, are also exploring this space, as are startups such as Innovega.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    admin1
    • Website

    Related Posts

    Startup February 2, 2023

    Proptech Startup Appoints Braves Following Competitive Pitch Today

    Startup February 2, 2023

    Mental health startups form a union.Additionally, the Covid emergency ending in May

    Startup February 2, 2023

    Web development startup Netlify acquires rival Gatsby

    Startup February 2, 2023

    PitchBlack, the startup competition for black entrepreneurs, returns with a new venue

    Startup February 1, 2023

    Meet the eight companies that make up StarTUp in The Armory’s first winter cohort

    Startup February 1, 2023

    Picnic, a food automation startup that sells pizza-making robots, lays off employees – GeekWire

    Leave A Reply Cancel Reply

    Recent Comments

    No comments to show.

    Archives

    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • March 2022
    • February 2022
    • December 2021

    Categories

    • Crypto
    • Make money
    • News
    • Startup
    • Technology
    • Trending
    • Uncategorized
    Facebook Twitter Instagram Pinterest
    • Home
    • Contact us
    • DMCA
    • Privacy Policy
    • Sitemap
    © 2023 opzionebinaria. Designed by opzionebinaria.

    Type above and press Enter to search. Press Esc to cancel.