Why Patent Assets Helped Secure $80 Million for Tesseract Health

Patent assets provide competitive advantage for a company, even when it is not the first entrant to a market. Retinal imaging and artificial intelligence is not a new concept (See (1) RetinAi,  (2) Diagnos, (3) PixelPlex, and (4) DeepMind…

Red Hat Capitalizes on their Growing Portfolio

Red Hat just announced a major update to their Red Hat Enterprise Linux 8.4 platform, clearly building off their success in the edge computing industry. Red Hat has been active in the sector over the past three years and is clearly one of…

First Wave is the First to Move on Gut Reaction

Some say the quickest way to a person’s heart is through their stomach. Well, that might also be the quickest way to treat COVID-19. In April 2021, a patent was issued to First Wave for a method of treating COVID using niclosamide. For…

Nextiles Took a Patent-Focused Approach From the Start. Will It Pay Off?

Since the introduction of conductive threads, the textile and wearable sensors industry has been searching far and wide for every possible use of it, particularly for collecting data in clothing. Simply search for smart clothing using your…

CB Therapeutics Elevates Cannabinoid Biosynthesis Race

Having made its first commercial sale of rare cannabinoids back in June of 2020, CB Therapeutics is continuing to stake its claims in cannabinoid biosynthesis, receiving its second patent on April 20, 2021. This patent discloses a process…

Why Is Packaging Concepts Investing in Patents 50 Years After Creation?

Although Packaging Concepts Inc. has been around since 1972, it had zero patent assets for biodegradable packaging until its recent publication in April 2021. Packaging Concepts may have finally realized that it had zero protection if more…

Velodyne and Ansys Collaborate to Solve A/V Edge Cases

If you’re following Autonomous Driving, you probably already know that Velodyne and Ansys are collaborating to integrate vehicle LiDaR into a driving simulator. This will allow engineers to rapidly model the numerous edge cases that are…

Red Hat at the Edge of the Atmosphere

Edge Computing is a critical technology for operations in areas without a fast or strong connection to a central processing server. If outer space isn’t perfect for edge computing, we’re not sure what is. In October, the Patent Forecast®…

StimScience Raises Seed Funding, Sows Patents Early

California-based startup StimScience announced in April of 2021 that it had raised $6M in seed financing and is developing a consumer brain stimulation device to improve sleep. When it comes to sleep monitoring, the field is dominated by…

Securrency Raises $30M, Leads in DeFi Patents

Securrency uses blockchain technology to automate and regulate compliance and transactions for decentralized finance (DeFi), which does not rely on centralized banks, exchanges, or other traditional financial institutions. The company has…

NC Company Ensures When You Buy Cannabis You See Cannabis Ads

In 2020, US cannabis sales grew by 46% reaching a total of $17.5 billion, according to Colorado-based cannabis research firm BDSA. Inmar Clearing, Inc. of North Carolina DBA Carolina Services wants to target cannabis promotions to people…

In Foreign Exchange Markets, 9th Gear gains, CLS stumbles. Why? Patents.

9th Gear Technologies, a Silicon Valley start-up, is dragging foreign exchange markets into the 21st century. The company utilizes a blockchain-based platform to tokenize different world currencies. The tokenized currencies are then able…

Baidu Makes Tiny Ripples In Quantum Computing. We See An Impending Tidal Wave.

Chinese companies are getting serious about quantum computing. After Alibaba launched a quantum computer in 2018, other Chinese companies were under pressure to do research of their own. Both Baidu and Tencent followed up the Alibaba…

IBM is watching Mimik. Should you?

Mimik Technology is a startup based in Vancouver that develops hybrid edge cloud solutions. It is a new company to join the Patent Forecast® Edge Computing Platform Sector and only appears with two patent applications so far. However, it…

How Can Sportiq Announce A Smart Basketball With No Patents? By Hiding Them.

When it comes to sporting equipment, it's usually safe to say the “smarter” the better, but basketball has been lacking in smart equipment. Finnish sports analytics company, SportIQ, may change that by developing a basketball that can…

In Foreign Exchange Markets, 9th Gear gains, CLS stumbles. Why? Patents.

9th Gear Technologies, a Silicon Valley start-up, is dragging foreign exchange markets into the 21st century. The company utilizes a blockchain-based platform to tokenize different world currencies. The tokenized currencies are then able…

Tipa’s Patents Come Up Short. Can They Stand Up To P&G?

The Biodegradable Packaging Patent Forecast® has highlighted TIPA’s activity over 4 times during the past year. The startup has raised over $50 million and has been fairly active with 12 patent assets over the past 5 years. TIPA is in a…

Casper Finally Relying on IP After Disappointing IPO

E-commerce mattress company Casper Sleep has had its fair share of ups and downs in the past two years. The startup raised over $300M in funding and was valued at $1.1B before announcing its IPO in January of 2020. Shortly after going…

How Do We Know Sports Betting Is Exploding? PGA And Patents

On April 14th 2021, DraftKings and PGA Tour announced their plans to create a one-of-a-kind retail sportsbook at TPC Scottsdale. This follows recent revolutionary sports betting legislation in Arizona that allows for sports organizations…

Should Dsm Care About Cryovac? If It Cares About The Environment It Should

With the FIRST patent asset directed towards a biodegradable film for cheese ripening, Cryovac, Inc. is claiming a stake in the Biodegradable Packaging Patent Forecast®. Currently, Pack-Age® is the leading product for cheese ripening…

Softbank Sees Opportunity in Eight Sleep and its Patents

Japanese conglomerate SoftBank Group International is investing $100M in multiple Miami-based startups, and patents may be a factor in its decisions. The latest recipient of a portion of SoftBank's Opportunity Fund is Eight Sleep, which…

Wellstat Tries to Make Vaccine Eligibility Checks a Reality, but It’s Too Little, Too Late

Imagine spending years developing a way to log patients’ vaccination statuses to develop vaccination plans and not managing to market anything during a global pandemic. Now imagine still being nowhere to be seen as people begin to discuss…

Robotic Trucks Using Peripheral Vision. See For Yourself

Kodiak Robotics Inc is adding Hesai Technology Co’s LIDAR to its autonomous trucks for peripheral vision. The trucks will keep their one forward-facing Luminar LIDAR and add Hesai LIDAR on each side of the truck. Although a Silicon Valley…

No Patents? Find A Partner Who Has Some. Honda, Meet Verizon

Once again, slow patent activity has forced a company to partner in order to stay competitive. Honda, not wanting to be left behind, has started working with Verizon to research mobile edge computing interacting with 5G and…

Hound Labs, Cannabix and Vox Heat Up the Marijuana Breathalyzer Market

At the start of April 2021, Patent Forecast® released an insight going over some of the big name competitors getting their foot in the door early in cannabis impairment testing. Specifically, breathalyzer tests for THC have been the main…

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