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Healthtech startup Pelago just grabbed a fresh round of funding to power its own push. The Series C was an upround for Pelago, said Dr. Yusuf Sherwani, cofounder and CEO. Sherwani said the Series C round may be Pelago's last capital raise before it hopes to IPO. With the Series C funding, Pelago plans to launch a program in the second quarter of the year to refer members who don't complete substance use disorder treatment to inpatient facilities. Check out the 16-slide pitch deck Pelago used to raise a $58 million Series C.
Persons: , Atomico, Yusuf Sherwani, Sherwani, Pelago, Phillips, we've Organizations: Service, Octopus Ventures, Business, Mental Health Services Administration, Healthcare, Centers for Disease Control, MetLife, GE Appliances, Pelago Locations: Pelago
Customers look at appliances for sale at a Best Buy store in Miami, Florida, Oct. 8, 2021. However, the machine broke for the same reason again a few months later, and then again shortly after that. After the mechanic's third visit, Rathner said he told her, "You need to stop calling me and just buy a new dryer. watch nowHomeowners spend about 34% more on appliances than they did 15 years ago, "above and beyond inflation," Tomalak said. "Homeowners are purchasing appliances with more bells and whistles, but which become obsolete sooner and have more aspects to repair versus appliances years ago," he said.
Persons: Joe Raedle, Sara Rathner didn't, Rathner, Todd Tomalak, Tomalak, Brian Laung Aoaeh, Aoaeh Organizations: Getty, Finance, Zonda Media, Refashiond Ventures Locations: Miami , Florida, Richmond , Virginia, New York
Learn moreFrom soft-yet-durable sheets to powerful vacuums, the Insider Reviews team rigorously tests and reviews a wide variety of items for the home. We interview industry experts and do extensive research and testing to review the best lawn mowers, best paint, best drills, and more. James Brains/InsiderAdvertisementHow we test home productsWe test home products by using them every day for weeks and months. We test products as professionals to evaluate how each item meets industry standards, but we don't stop there. Her work spans from scoping out the best candles to meticulously evaluating the best vacuums.
Persons: Bissell, Dyson, We've, James Brains, he's, Lauren Savoie, Lauren Savoie Lauren, Lauren, She's, Jaclyn Turner, Jaclyn Turner Jaclyn, Jaclyn, James Brains James, Casper, James, Organizations: Morning America, CBS Money Watch, Poynter, Leadership Academy, Women in Media, Insider, Homes & Gardens, Real Homes, Journalism, Studies, University of Maryland, College Park, Service Locations: Casper, Brooklinen, Bath, Real, Atlanta
Stover is one of the leaders who helped design two generative AI tools for GE Appliance's SmartHQ app, including the SmartHQ Assistant and a recipe-generating tool called Flavorly AI. When using Flavorly AI, users can select a breakfast, lunch, appetizer, dinner, or dessert option for generating a recipe. Stover sees generative AI continuing to change the appliance industry, by making appliances more personalized for users. He also thinks there's an opportunity for generative AI in appliances to cross over into the wellness space. "I think there are teachable moments with generative AI.
Persons: Shawn Stover, Stover, there's Organizations: SmartHome Solutions, GE, GE Appliances SmartHome, GE Appliances, GE Appliance's, Google, Consumers
That means it may be a good time to consider a home backup power storage system. Fossil fuel vs. battery power If you're not opposed to fossil fuel-powered options, there are several categories to consider based on your power needs. EVs as a backup power option for the home Some electrical vehicles can be used to back up essential items, or, in some cases, a whole home. "If you're contemplating spending $10,000 on a whole home gas generator system, why not think about an EV with this capability instead?" Some states provide additional solar battery incentives.
Persons: Ian Thomas Jansen, Lonnquist, Benjamin R, Dierker, Vikram Aggarwal, EnergySage, it's, Aggarwal, EVs, Ford's, Jim Farley, Stephen Pantano, Pantano, Sarah Delisle, Ted Tiffany, Tiffany Organizations: Motors Inc, Bloomberg, Getty, Alliance for Innovation, National Centers for Environmental, Consumers, GM, Ford, Swell Energy, Decarbonization Coalition, of Energy, Homeowners, Energy Department Locations: United States, California , Texas, Louisiana, California, California , Vermont , Massachusetts, New York, America
Swedish EV trucking startup Einride has been able to so far go toe-to-toe with Tesla and its Semi in attracting top corporate clients. "In the $4 trillion freight mobility space, between 40%-50% should be electric driven by the business case today," Falck said on CNBC's "Worldwide Exchange" in an interview on Thursday after his company ranked No. "In the near-term, of course, the business case for diesel becomes slightly better," Falck said in the April interview. In freight, unlike the consumer market, "it's not about range, it's about how to secure the business case," he said. Swedish electric vehicle maker Einride will supply two of its heavy-duty trucks to PepsiCo as part of an expansion into the U.K. Einride
Einride: 2023 CNBC Disruptor 50
  + stars: | 2023-05-09 | by ( Cnbc.Com Staff | ) www.cnbc.com   time to read: +2 min
Swedish startup Einride is among those looking to swap out the diesel engines that currently dominate the industry in favor of fleets of autonomous electric vehicles . Just as electric vehicles are gaining popularity among consumers, so too are they catching on in the commercial trucking realm. Before Tesla, Renault Trucks, owned by Volvo, and Daimler, also produced and delivered electric heavy-duty trucks. Only 0.1% of heavy-duty trucks sold in Europe were zero-emission in 2021, according to BloombergNEF estimates. Electric trucks are also facing competition from hydrogen-powered vehicles, which boast quick refueling and a longer driving range, unlike electric vehicles.
Home appliances company GE Appliances began testing an Einride vehicle without a safety driver on board on U.S. public roads in October 2022. Einride said its U.K. vehicles will be driven by human operators. Operating electric trucks to ship goods across countries at scale is a tough thing to accomplish. "So we're looking at a transport system, where the efficiency is 6%," Falk said. "So that means that you are at 94% waste of the potential of the transport system itself.
REUTERS/Phil NobleCOVENTRY, England, Feb 1 (Reuters) - Developing fully autonomous vehicles (AVs) that can go everywhere has proven harder and more expensive than expected, but investors are continuing to fund startups that target simpler self-driving vehicle solutions far removed from pedestrians and other vehicles operated by unpredictable humans. Earlier promises made by robotaxi companies of operating fleets of vehicles by the early 2020s have fallen well short. BMW iVentures has also invested in AV truck technology firm Kodiak Robotics, which managing partner Sage said has adopted a simpler approach to areas like mapping. Construction and agricultural equipment - used off-road in low-traffic environments - has been another growth area for AV startups. U.S. agricultural equipment maker AGCO Corp (AGCO.N), for instance, is using the Palo Alto, California-based startup's software for an experimental automated electric planter.
The Christmas Electric Grid Emergency
  + stars: | 2022-12-27 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
As temperatures plunged this weekend, Americans in much of the country were told to turn down their thermostats and avoid using large appliances to prevent rolling blackouts. The cascading grid stress came at an awful time but was all too predictable to anyone paying attention. The interconnected U.S. grid is supposed to be a source of resilience, but the government’s force-fed green energy transition is creating systemic vulnerabilities that politicians don’t want to acknowledge. Utilities and grid operators weren’t prepared for the surge in demand for natural gas and electricity to heat homes, which occurred as gas supply shortages and icy temperatures forced many power plants off-line.
Hertz Global Holdings Inc. named former GE Appliances marketer Wayne Davis as its new chief marketing officer, making him the first CMO at the car rental services company since 2020, a spokesman said. The company’s most recent chief marketing officer, Jodi Allen, died in 2020. Newsletter Sign-up WSJ | CMO Today CMO Today delivers the most important news of the day for media and marketing professionals. Electrification “speaks to mobility, and it speaks to making Hertz a brand for the future,” Mr. Davis said. Mr. Davis previously spent more than a decade at General Electric’s appliances division, which became GE Appliances after being acquired by Haier Smart Home Co. Ltd. in 2016.
In this article AMZNAAPLGOOGL Follow your favorite stocks CREATE FREE ACCOUNTSoon it will be easier to buy gadgets that work with your smart home. Matter, backed by the biggest names in tech including Amazon , Apple , Google and Samsung, aims to solve a key pain point. Smart home accessories with Matter connectivity. These include Eve, which makes smart plugs and sensors, as well as Wix which makes smart light bulbs. Google Nest Hub Max and Google Nest Hub (second generation) smart displays, Google Nest WiFi and WiFi Pro routers, and Amazon Echo (fourth generation) smart speakers will also support the standard.
SKIP AHEAD Cyber Monday 2021 bestsellers | Is Cyber Monday a thing? What to buy and what to skip on Cyber MondayWhen Cyber Monday began, it was known as a tech-heavy deals day, said Kristin McGrath, shopping expert and senior editor at RetailMeNot. Apple products are often discounted during sales events like Black Friday, Cyber Monday, and AirPods, Apple Watches and Apple Pencils were all top sellers on Cyber Monday 2021. Because the line between Black Friday and Cyber Monday has blurred over the years — and because deals now start so early — many shoppers are wondering, is Cyber Monday still a “thing”? “Cyber Week” refers to the week after Cyber Monday, which is full of sales and deals from online retailers.
But the price of some items actually declined in the last month, from washing machines to jewelry to doughnuts. Inflation has cooled from a year-over-year June peak of 9.1% to 7.7% in October, so declines are expected for some items. Given the slowing economy and widespread concerns of a recession, price drops for high-end luxury items like smartphones and jewelry are to be expected, too, he says. While this is good news for shoppers, most items with price declines in October are still more expensive than they were last year. For instance, prices for washers and dryers declined by 7.8% last month, but they are still up 1.5% compared to last October.
With the ongoing energy crisis, the demand for solar panels has been soaring. Solar panels are difficult to test before you take the plunge due to their substantial cost and infrastructure. The startup is aiming to make solar energy a realistic option for everyone via its solar-panel-rental model. Another view of my parents' house and solar panels. The consultant proposed that Enpal could install 20 solar panels, offering a total output of 7.6 kilowatts peak, which is the rate at which solar panels generate energy at peak performance.
“We used to see Thanksgiving weekend as the kickoff to the holiday season, but now it’s almost more of a halfway point. Last year, select retailers also offered special price-match policies to ensure early shoppers got the best price possible during the holiday shopping season. How to find the best deals and save money during Black FridayFinding the best deals and saving money during Black Friday go hand in hand — if you shop the deepest discounts, you’ll spend less overall. Credit cards may even offer bonus promotions during the holiday shopping season, which Select’s money experts will keep you updated on as they’re announced. Credit cards may even offer bonus promotions during the holiday shopping season, which Select’s money experts will keep you updated on as they’re announced.
Newsletter Sign-up The Logistics Report Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. But this complex movement of goods underpinning the global economy is far more vulnerable than many imagined. The Biden administration narrowly avoided a systemwide freight rail shutdown last week after brokering a last-minute deal between railroads and unions. The Biden administration narrowly avoided a systemwide freight rail shutdown last week after brokering a last-minute deal between railroads and unions. The labor concerns have grown as some of the broader pandemic-driven upheaval in supply chains, including factory closures and vessel backlogs at ports, have eased.
Newsletter Sign-up The Logistics Report Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. But this complex movement of goods underpinning the global economy is far more vulnerable than many imagined. The Biden administration narrowly avoided a systemwide freight rail shutdown last week after brokering a last-minute deal between railroads and unions. The Biden administration narrowly avoided a systemwide freight rail shutdown last week after brokering a last-minute deal between railroads and unions. The labor concerns have grown as some of the broader pandemic-driven upheaval in supply chains, including factory closures and vessel backlogs at ports, have eased.
For Quiñones and other Puerto Ricans, the continuing fragility of Puerto Rico's power grid five years later is a constant source of concern in a region that expects the possibility of hurricanes every fall. “Five years later, we are still exposed to the same risk,” Marxuach, who recently completed an analysis on the state of Puerto Rico’s electric power system, said. On Sunday afternoon, an islandwide blackout was reported as the eye of Fiona neared Puerto Rico's southwestern coast. Hurricane Maria devastated Puerto Rico on Sept. 20, 2017. In the meantime, residents were getting ready for another tropical storm, albeit one less destructive than Hurricane Maria.
Though yesterday was Labor Day, you can still find discounts on everything from mattresses and vacuums to grills and air purifiers. We're also seeing a lot of rare Labor Day sales from brands like Our Place, Allbirds and Great Jones. With several sales to choose from, retail experts told us ongoing Labor Day sales present a good opportunity to save as prices soar due to inflation and people begin to worry about spending more around the upcoming holidays. The best ongoing Labor Day deals in 2022To recommend the best ongoing Labor Day deals below, we evaluated highly rated options using price trackers like Honey and CamelCamelCamel — everything below is at its lowest price in at least the last three months. ​The best ongoing Labor Day sales in 2022Below, we rounded up sales across reader favorite categories to shop this holiday weekend.
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