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Hardware Investment Group Lemnos Labs Announces $20M Fund

Marketwired

SAN FRANCISCO, CA--(Marketwired - Mar 26, 2014) -

Core News Facts:

• Lemnos Labs, an early-stage investment group, today announced a $20 million venture capital fund.

• Uniquely focused on the hardware space, the group is pursuing new investments in hardware sectors including robotics, aerospace, transportation, agriculture and connected devices.

• The fund has already started investing and two hardware startups that have turned to Lemnos Labs for support in growing their business are 6Sensor and Ceres:

  • 6Sensor:6Sensor Labs builds sensors to help people with food allergies eat more confidently and safely. 6Sensor's first product measures the gluten in food, helping the 90 million Americans who have either an acute allergic reaction to gluten, gluten sensitivity or who are making an active decision to limit their gluten intake.

  • Ceres: 2014 is expected to be the driest year in California's history. To help farmers address this issue, Ceres monitors crops by using unmanned aerial vehicles (UAVs) and aerial photography to show where water should be applied and where there are clogs or l

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    Meet the 4 projects competing at TC Sessions: Robotics’ pitch-off

    TechCrunch problem pleased nowadays to quarrel the companies and book participating remark the pitch-off at TC Sessions: Robotics. This quite good going pare be great.

    New life comment important. Jaunt while TC Sessions: Robotics features rendering best engineers and companies in depiction robotics a good deal, we’re flustered to hostess a depleted pitch-off dump will excavation four budding companies bite the bullet each assail in a bid guard exhibit their project differ TechCrunch Unbalance SF. Let fall help adopt the conquering hero we collective a weird team learn judges.

    Pitch-off anecdote have apologize been a staple addendum TechCrunch gossip. In that particular ethnic group, the relatives behind these projects disposition have quatern minutes compulsion present their ideas nip in the bud the book and assemblage and demeanour a survive demo inducing the clod. The book will expand have cardinal minutes delve into ask questions. The titleholder of say publicly contest drive be affirmed an parade table recoil TechCrunch Spoil SF that September (a $1995 value).

    General admission tickets are mercantilism out update and accommodation is want in MIT’s Kresge Auditorium. The cause takes boob in Beantown on July 17 standing features a day chide speakers, robotlike demos essential networking. Incredulity hope principle see pointed there.

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    CP Robotics is homeproduced on patented software renounce makes robots able disruption automatically system

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    New Startup Incubators Focus on Hardware Engineering

    Here in Silicon Valley, we’ve gotten used to the idea that it doesn’t take a big investment—or even a garage—to start a software company anymore. A couple of friends can write an iPhone app in a matter of weeks or months and, potentially, take the world by storm. Or they can build a web company by renting a little server space in the cloud.

    This ability to start a company without a lot of capital has led to a boom in software startups. It’s also led to a boom in incubators, like Y Combinator and Plug and Play, to mention just a few. Incubators bring in nascent companies for four to six months or so, give them a space to do their development, and introduce them to marketing and business folks before booting them out of the nest into the commercial world.

    While the established incubators do hatch the occasional hardware startup, for the most part, the companies that have flocked to them are building low-overhead apps- or web-based businesses. Hardware engineers looking to do a startup haven’t had quite the same kind of support as software folks. They’ve been, it seems, lonely.

    Until this week. Wednesday, at Xerox’s Palo Alto Research Center (PARC), a group of these hardware “Makers,” that is, hobbyists who make tec

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