SOSV is building a New Jersey HAX facility for industrial, healthcare and climate startups

SOSV this morning announced work on a $50 million HAX facility in Newark, New Jersey focused on growing industrial, healthcare and climate startups. The five-year development plan utilizes $25 million from the New Jersey Economic Development Authority.

The facility is set to open in June of 2022, with an eye on early-stage U.S. companies working toward their seed round. SOSV notes that, while HAX’s earliest focus was on wearables, in more recent years, the accelerator has largely shifted to industrial and healthcare, which currently comprise 70- and 20% of its portfolio, respectively.

“Since 2015, HAX started investing in more industrial & health startups and today make up 90% of our new investments,” HAX Partner Garrett Winther told TechCrunch. “These hard tech startups, at their earliest stages, tend to rely on more deep science R&D, high precision prototyping, and only require one to two of their first product before raising funding. These companies also take up a lot of space, easily filling a room with their equipment and prototypes.”

Newark was chosen for myriad reasons, including proximity to New York City and universities like Princeton and Rutgers. It also, frankly, has more space than, say, Manhattan – which is a clear necessity for industrial startups. That’s a big part of the reason companies like AeroFarms and Bowery have looked toward to the area to host their massive vertical farming facilities.

The fact that the state was willing to put up around half the cost of the project likely didn’t hurt, either. New Jersey no doubt has a vested interest in welcoming hardware startups with open arms. It will be interesting to see what sort of incentives the local governments can offer to help keep them there to avoid the allure of nearby NYC.

“Growing New Jersey’s innovation economy both creates high-quality jobs today and generates opportunities for exponential returns in the future,” NJEDA CEO Tim Sullivan said in a release. “As startups become successful and scale-up in New Jersey, they build buildings, hire more employees, and become anchors for vibrant communities and small-business supply-chains.”

SOSV says the Newark location will effectively operate as a U.S. equivalent to its offices in Shenzhen, China, which afford easy access to the global supply chain. HAX also operates satellites in San Francisco, Tokyo and New York.

#hardware, #hax, #health, #logistics, #newark, #sosv

Google promises better 3D maps

Google is announcing a handful of major updates to Google Maps today that range from bringing its Live View AR directions indoors to adding weather data to its maps, but the most tantalizing news — which in typical Google fashion doesn’t have an ETA just yet — is that Google plans to bring a vastly improved 3D layer to Google maps.

Using photogrammetry, the same technology that also allows Microsoft’s Flight Simulator to render large swaths of the world in detail, Google is also building a model of the world for its Maps service.

“We’re going to continue to improve that technology that helps us fuse together the billions of aerials, StreetView and satellite images that we have to really help us move from that flat 2D map to a more accurate 3D model than we’ve ever had. And be able to do that more quickly. And to bring more detail to it than we’ve ever been able to do before,” Dane Glasgow, Google’s VP for Geo Product Experience, said in a press event ahead of today’s announcement. He noted that this 3D layer will allow the company to visualize all its data in new and interesting ways.

Image Credits: Google

How exactly this will play out in reality remains to be seen, but Glasgow showed off a new 3D route preview, for example, with all of the typically mapping data overlayed on top of the 3D map.

Glasgow also noted that this technology will allow Google to parse out small features like stoplights and building addresses, which in turn will result in better directions.

“We also think that the 3D imagery will allow us to visualize a lot of new information and data overlaid on top, you know, everything from helpful information like traffic or accidents, transit delays, crowdedness — there’s lots of potential here to bring new information,” he explained.

Image Credits: Google

As for the more immediate future, Google announced a handful of new features today that are all going to roll out in the coming months. Indoor Live View is the flashiest of these. Google’s existing AR Live View walking directions currently only work outdoors, but thanks to some advances in its technology to recognize where exactly you are (even without a good GPS signal), the company is now able to bring this indoors. This feature is already live in some malls in the U.S. in Chicago, Long Island, Los Angeles, Newark, San Francisco, San Jose, and Seattle, but in the coming months, it’ll come to select airports, malls and transit stations in Tokyo and Zurich as well (just in time for vaccines to arrive and travel to — maybe — rebound). Because Google is able to locate you by comparing the images around you to its database, it can also tell what floor you are on and hence guide you to your gate at the Zurich airport, for example (though in my experience, there are few places with better signage than airports…).

Also new are layers for weather data (but not weather radar) and air quality in Google Maps. The weather layer will be available globally on Android and iOS in the coming months, with the air quality layer only launching for Australia, India and the U.S. at first.

Image Credits: Google

Talking about air quality, Google Maps will also get a new eco-friendly routing option that lets you pick the driving route that produces the least CO2 (coming to Android and iOS later this year), and it will finally feature support for low emission zones, a feature of many a European City. Low emission zones on Google Maps will launch in June in Germany, France, Spain and the UK on Android and iOS. More countries will follow later.

And to bring this all together, Google will update its directions interface to show you all of the possible modes of transportations and routing options, prioritized based on your own preferences, as well as based on what’s popular in the city you are in (think he subway in NYC or bike-sharing in Portland).

Also new are more integrated options for curbside grocery pickups in partnership with Instacart and Albertsons, if that’s your thing.

And there you have it. As is so often the case with Google’s announcement, the most exciting new features the company showed off don’t have an ETA and may never launch, but until then you can hold yourself over by getting your weather forecasts on Google Maps.

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