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NPA Insights, December 2021 |
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As the year comes to an end, we want to thank and congratulate all the 2021 NPA's Startups to Watch for their incredible accomplishments during this challenging Covid year.
- Combined, they raised $254M in investments,
- Five startups got acquired, worth approximately $300M,
- One went public via SPAC, valued at $1.66B,
- They launched 4 new incredible products,
- Won 20+ prestigious Awards.
CONGRATS!
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If you want to recommend a startup or want your company to be considered for 2022, let us know!
Please send us your submissions here: https://lp.constantcontactpages.com/su/tn1PI7h/2022BestStartups
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AND NOW SOME OPERATIONS NEWS |
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This Operations Update is provided with support from: |
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The PMI Index increased slightly to 61.1% in November.
Production increased but Inventories are still well below healthy levels.
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The already astronomical shipping prices are still going up, and it seems that the ports might be responsible. We are glad Santa delivers himself.
And now they have 'sweeper ships' collecting empty containers sitting at the harbor to clear space to ease bottlenecks. Meanwhile, those ships are taking up space loaded with empty containers.
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And here are some additional Industry Insights from our contributors at EPE Components:
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Crystal and oscillator manufacturers continue to raise pricing and extend lead times. Legacy and big case products are being phased out.
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Murata, TDK & Wuerth are extending lead times beyond 52 weeks.
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Texas Instruments announced a price increase of 7%.
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Relay manufacturers Omron, Hongfa & American Zettler are under allocation with backlogs covering the entire production capacity of 2022.
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On Semi’s capacity is overbooked throughout 2022.
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Intel/Altera announced a price increase of 5-20%, dependent on the product line.
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Xilinx is enforcing NCNR (Non-Cancelable, Non-Returnable) for all component sales through 2022. In addition, there will be price increases on all current and future orders.
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This is quite different from what we usually report but have you ever heard of Synchron's Stentrode!
Their implantable medical device restores brain function and has been successfully used on two patients with paralysis to help them regain functional independence. We live in an incredible time.
For more close to home news, we'd like to give a shout-out and congratulate two 2021 NPA's Startups to Watch on their new products launched in the past few weeks:
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On related news, more money is being spent...
Woburn's cleantech company Gradient, the developer of cleantech water projects for advanced water and wastewater treatment, raised $100 million.
The Boston-based iRobot bought air purifier maker Aeris for $72 million. |
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Nodar, a former NPA Startup to Watch, won 1st place at the Tech.AD US award for th eir vision-based real-time 3D sensing product. Congrats! |
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The Sustainability Supply Chain: Better Business Through Innovation on December 15th. Registration can be done here.
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Find the latest updates of the hottest Boston Startups here.
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Cleo Robotics announced the availability of the Dronut X1 for industrial and commercial applications, which can go where no drone or robot could previously go.
Embr Labs won the $25,000 prize from the HLTH 2021 Late-Stage Startup Pitch Contest.
Flare was announced as one of the Fire Blazer winners from BostInno and was awarded the top spot in the apparel and consumer products category.
GelSight also racked in a Fire Blazer win from BostInno in the robotics category.
Helios Hockey is hiring. They are looking for Mobile Developers. Find out more here.
RightHand Robotics was the gold winner of the Robotics and Automation News Awards 2021-22 in the top robotics software and systems developer category.
Optimus Ride was the bronze winner of the Robotics and Automation News Awards 2021-22 on the top autonomous shuttle maker category.
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In our November survey, we asked which technologies your company will be investing in to remain relevant in the long term. The result showed that artificial intelligence and machine learning and robots were the most voted options. |
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As the investments in digital transformation keeps growing: |
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Which area of your supply chain will benefit most from digitization and innovation?
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Sourcing and procurement.
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Manufacturing and distribution.
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Analytics and visibility.
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Hate needles? This robot delivers vaccines without them . VaxBot (Source: Fast Company)
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Leave it to the Canadians: Uber is partnering with a Canadian cannabis retailer to allow customers to order cannabis products through Uber Eats. WhatARide (Source: CNN)
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Powering bitcoin with the energy of a volcano: El Salvador President confirms he is building the first Bitcoin City at the base of a volcano, and it will use its geothermal energy to power it.
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Deloitte's Technology Fast 500 ranking was released and 40 companies from Massachusetts made the cut. The list ranks the fastest-growing companies in North America based on their revenue growth over a three-year period. (Source: Deloitte)
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Cheers, and I hope you all have a great Holiday Season! |
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