At The R/GA Accelerator Demo Day, Ten New IoT Companies Go Live
Summary
Today, the fruits of all that labor are about to be unveiled, with ten new companies launching into the scene to figure out how the marriage of software and hardware will make our lives better. Diagenetix is helping food producers and farmers keep track of any diseases that may be traveling through their land so that they can stay ahead of problems. Diagenetix provides a piece of hardware called the BioRanger, which lets food producers take soil samples and test plants immediately. Kinetic calls these workers ‘industrial athletes’ and realizes that a single back injury can cost a company up to $200k, requiring an added $2.5 million in revenue just to pay for it. Latch lets you use your smart phone or tablet instead of a key, offering users the ability to set up temporary managers to get in and out of the house.