The list of smart appliances in the home just keeps growing.
A food tech startup that makes smart kitchen appliances, has raised $70 million in a Series B funding round led by Artis Ventures, according to TechCrunch.
The company's main product is a $699 countertop juicer that cold presses prepared fuits and vegetables. Think of it like a Keurig for produce: you insert a pack of fruits and/or vegetables and out comes the juice.
These packs cost $4 to $10 apiece and are only available through a Juicero subscription for the time being. Juicero currently only sells in California.
The list of smart appliances in the home is growing, from smart ovens to smart wine dispensers.
This is another sign of the arrival of the Internet of Things, which is set to change how we live, work, and interact with the world around us.
From connected homes and connected cars to smart buildings and transportation, every aspect of our lives will be affected by the increasing ability of consumers, businesses, and governments to connect to and control everything around them.
Imagine "smart mirrors" that allow you to digitally try on clothes. Assembly line sensors that can detect even the smallest decrease in efficiency and determine when crucial equipment needs to be repaired or replaced. GPS-guided agricultural equipment that can plant, fertilize, and harvest crops. Fitness trackers that allow users to transmit data to their doctors.
It's not science fiction. This "next Industrial Revolution" is happening as we speak. It's so big that it could mean new revenue streams for your company and new opportunities for you. The only question is: Are you fully up to speed on the IoT?
After months of researching and reporting this exploding trend, John Greenough and Jonathan Camhi of BI Intelligence, Business Insider's premium research service, have put together an essential report on the IoT that explains the exciting present and the fascinating future of the Internet of Things. It covers how the IoT is being implemented today, where the new sources of opportunity will be tomorrow and how 16 separate sectors of the economy will be transformed over the next 20 years.
Original Post: AM
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