vHive Secures $4M in an Investment led by Deutsche Telekom to Accelerate Expansion in the Enterprise Drone Hive Software Market

NEW YORK and LONDON, Oct. 14, 2020 /PRNewswire/ —

Funding will support vHive’s rapid growth trajectory as it helps enterprises gain business insights to their field assets while streamlining costs

  • vHive’s platform digitizes enterprise’s field assets using autonomous drone hives, powering their digital business transformations.
  • Deutsche Telekom, one of the world’s leading integrated telecommunications companies is making a strategic investment in vHive to propel further expansion in the telecom industry.
  • Enterprises benefit from accurate data analytics and insights about their field operations creating a tremendous market opportunity for vHive’s technology.

vHive, the only software solution that enables enterprises to digitize their field assets and operations using autonomous drone hives, announced today a $4 million extension to its Series A, led by Telekom Innovation Pool (TIP), Deutsche Telekom’s strategic investment fund advised by DTCP. Existing investors Octopus Ventures and StageOne Ventures participated in the funding, which will accelerate the company’s growth and expansion in the enterprise drone software market. Joel Fisch, Deutsche Telekom Vice President and TIP Co-managing Director has joined the Company’s board of directors. 

Deutsche Telekom, one of the world’s leading telecommunication companies, is investing in vHive to fuel the company’s continued expansion in markets that are going through digital transformation using autonomous drone hives. These markets include telecom, construction, cranes, insurance and others. The investment will support vHive’s leadership in data analytics, computer vision and AI, and further automate recognition of items of interest. Deutsche Telekom with its global portfolio, will assist in applying vHive’s solution in the Telecom space.

“We are thrilled to have the backing of a significant industry player such as Deutsche Telekom as a testimonial to vHive’s innovation,” said Yariv Geller, CEO and co-founder of vHive. “Deutsche Telekom’s investment demonstrates their commitment to digitizing their infrastructure using the vHive platform as

Seoul Semiconductor Obtains Permanent Injunction Against LED Lighting Products Made by Philips Brand Lighting Affiliate in Germany

Seoul Semiconductor Co., Ltd. (“Seoul”) (KOSDAQ 046890), a leading global innovator of LED products and technology, announced that it has successfully obtained a permanent injunction and destruction in a patent litigation against Leuchtstark Vertriebs GmbH for infringement of Seoul’s patents in Germany.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005866/en/

The world’s first 2nd generation LED technologies of Seoul Semiconductor (Graphic: Business Wire)

Infringing products are LED light bulbs manufactured by Klite lighting, a subsidiary of Signify – formerly Philips Lighting. In other recent litigations, Seoul has obtained two permanent injunctions against Philips brand television products as well.

The District Court of Düsseldorf also ordered the distributor to recall infringing products sold after October 2017 from commercial customers and to destroy those products.

“To enjoy benefits of the 2nd generation technology, Seoul’s intellectual property is absolutely necessary,” said Chung Hoon Lee and Young Joo Lee, CEOs of Seoul. “Seoul has a patent license relationship with Nichia Corporation and NS only and has no other such a relationship with Korean or U.S. LED companies,” they added.

About Seoul Semiconductor
Seoul Semiconductor is the world’s second-largest global LED manufacturer, a ranking excluding the captive market, and has more than 14,000 patents. Based on a differentiated product portfolio, Seoul offers a wide range of technologies, and mass produces innovative LED products for indoor and outdoor lighting, automotive, IT products, such as mobile phone, computer displays, and other applications, as well as the UV area. The company’s world’s first development and mass production products are becoming LED industry standard and leading the global market with a package-free LED, WICOP; a high-voltage AC-driven LED, Acrich; an LED with 10X the output of a conventional LED, nPola; a cutting edge ultraviolet clean technology LED, Violeds; an all direction light emitting technology, filament

Miko Raises INR 23 Cr In Pre-series B Round Led By Stride Ventures

Existing investors Chiratae Ventures, YourNest Venture Capital and NASSCOM former chairman Keshav Murugesh also participated in the round

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!


3 min read

Opinions expressed by Entrepreneur contributors are their own.


You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

Mumbai-based startup Miko—founded in 2015 by IIT-Bombay graduates Sneh R. Vaswani, Prashant Iyengar and Chintan Raikar—has raised INR 23 crore in a pre-series B round led by Stride Ventures.

Existing investors Chiratae Ventures, YourNest Venture Capital and NASSCOM former chairman Keshav Murugesh also participated in the round.

The trio founded Emotix which focuses on creating emotionally intelligent solutions and its products leverage proprietary and state of the art artificial intelligence (AI), robotics and Internet-of-Things.

Launch Of Miko 2

After the success of their first generation of Miko, the robotics startup developed Miko 2—a puppy-sized companion robot for children. It uses AI and voice-recognition technology to see, hear, sense, express, talk and recognize faces. The widget tackles a multifaceted need-gap of education, technology, entertainment and hence is an enabler in effective parenting.

“Our growth journey till Miko 2 was about creating a product that meets the needs of today’s parents who seek a positive and trusted gateway of technology. Miko 2 has now evolved into a powerful content subscription platform with global content alliances,” said  Vaswani, co-founder and chief executive officer, Miko, in a statement. “We are on track to surpass the 100,000 user mark in the coming quarters with Miko 2 hosting hundreds of applications and use cases. It’s very encouraging for the entire Miko team to build a global consumer technology brand out of India. In our journey, we are very pleased to partner with Stride Ventures and are looking forward towards a

Top Early Sony, Samsung, TCL & LG OLED, QLED & LED TV Sales Rated by Deal Stripe

Save on 1080p, 4K & Smart TV deals at the early Prime Day sale, together with FHD & 4K Samsung, Sony, LG & TCL TV & projector discounts

Compare the top early TV deals for Prime Day, together with Samsung QLED & Crystal, LG & Sony OLED & TCL 4K & Smart TV sales. Links to the top deals are listed below.

Best TV deals:

Best 4K TV deals:

Best Smart TV deals:

Best projector deals:

Looking for more projector, Smart TV, 4K & FHD TV deals? Click here to compare the full range of deals on Amazon’s Prime Day sale page.

Prime Day savings only last for a limited time period. Deal Stripe earns commissions from purchases made using the links provided.

One of the biggest online shopping events of the year, Amazon’s Prime Day sale offers steep discounts on a wide range of products including big-ticket items, apparel, groceries, and more.

Not yet a member of Amazon Prime? Start your 30-day free trial by clicking here and make the most of all the best Prime Day deals.

For two days, Prime members enjoy access to great deals on projectors & FHD & UHD 4K Smart TVs from Sony, Samsung, TCL, LG & more brands during the shopping event. Upgrading to a 4K TV is a good idea as older models are seeing lower prices on Amazon. An older Samsung TV, such as the 43-inch Class Crystal UHD TU-8000 Series 2019 model, is very affordable right now. It’s a 4K smart TV that comes with built-in Alexa and HDR. LG OLED TVs, on the other hand, are still expensive, but LG has some affordable models as well. The budget-friendly LG 43UN7300PUF, for instance, is a 43-inch 4K smart TV that comes with the popular WebOS, Alexa

Edtech Startup Sunstone Eduversity Raises INR 24 Cr In Series A Funding Led by Saama Capital

The Series A funding round was led by early-stage investor Saama Capital along with participation from Ashish Gupta of Helion Advisors, Pankaj Bansal of PeopleStrong and existing investors Prime Venture Partners, Rajul Garg and Purvi Capital

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!


3 min read

Opinions expressed by Entrepreneur contributors are their own.


You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

Edtech startup Sunstone Eduversity has raised INR 24 crore in Series A funding round led by early-stage investor Saama Capital.

The round also saw participation from Ashish Gupta, managing director of Helion Advisors, Pankaj Bansal, co-founder and chief executive officer of PeopleStrong along with existing investors Prime Venture Partners, Rajul Garg and Purvi Capital.

Founded in 2014 by IMT alumni Ashish Munjal and Piyush Nangru, Sunstone Eduversity offers Pay after Placement—program fees paid only upon successful placement with a company—higher education programs in partnership with several colleges and private universities. The company claims to work closely with corporates to develop industry ready specializations, such as BFSI, logistics, sales management and digital marketing.

“Sunstone Eduversity is fixing the problem of large scale skill gaps in students by adopting one simple principle, accountability. By collecting fees only after our students get jobs, we make sure that all the cogs in our system are working towards the success of our students,” said Ashish Munjal, co-founder, Sunstone Eduversity.

The company has so far partnered with eight institutions in six cities and claims to have secured 100 per cent placements for its 2018-20 batch, with some of the prominent recruiters being Axis Bank, HDFC, WNS, Genpact, Amazon, TCS, Karvy, Byjus, Reliance Retail, PolicyBazaar and Swiggy. Further, it generated over 450 internship offers for the batch of 2019-21 even during the pandemic.