Rishi Ranjan is a co-founder and the CEO of GridRaster, a startup providing the underlying infrastructure needed to support immersive augmented, virtual, and mixed-reality experiences on mobile devices and in the enterprise market. We spoke with Rishi to learn about his path to launching this cloud-based XR platform, his experience navigating the patent and immigration systems, and his goals for GridRaster going forward.
Startup News Digest 06/25/21
The Big Story: After marathon markup, House panel advances tech bills. Following a multi-day, contentious markup, the House Judiciary Committee advanced several bills aimed at large tech companies despite concerns from companies, industry groups, and lawmakers on both sides of the aisle that the bills will have unintended consequences—including making it harder for startups to get acquired.
#StartupsEverywhere: Newark, N.J.
Sam Caucci is the founder and CEO of 1Huddle, a Newark-based software company creating mobile games for workforce development, corporate employee training, and upskilling. We sat down with him to discuss how he developed his business, the challenges of navigating complex privacy frameworks, and the need to rethink how technology will impact the future of work.
Statement on the IGNITE American Innovation Act
The following statement can be attributed to Engine’s Executive Director, Kate Tummarello: “Engine applauds Rep. Phillips for reintroducing the IGNITE American Innovation Act, which will help to provide startups with the liquidity they need to continue to see the nation through pandemic recovery and accelerate R&D efforts for America's high-tech startups and innovators.”
Startup News Digest 06/18/21
The Big Story: Recognizing the contributions of immigrant entrepreneurs. Throughout the month of June, we celebrate Immigrant Heritage Month and recognize the impact of the immigrant community in the U. S., including on the country’s startup ecosystem. As the nation reflects on the significant contributions of this community as a whole, it is important to acknowledge and uplift the stories of immigrant entrepreneurs and recognize the challenges these founders face.
#StartupsEverywhere: San Francisco, Calif.
Evaluating Competition Proposals with the Startup Perspective
Competition issues are in the spotlight in D.C. and state capitals across the country. At Engine, we’re encouraged when lawmakers think about ways to boost competition and innovation, as startups stand to benefit if sound policy makes it easier for small and new companies to launch and grow. But much of the current policy conversation is centered around a few companies and fails to consider the impacts policy decisions will have on the rest of the technology ecosystem, which is inherently interconnected.
Startup News Digest 06/11/21
The Big Story: G7 tax deal reached, but faces uncertainty in U.S. Congress. This week, the finance leaders of the G7 countries came to an agreement on a global minimum corporate tax rate of at least 15 percent, which could hinge on the withdrawal of unilateral digital services taxes that disproportionately impact U.S. tech firms. The deal, which comes after years of negotiations in an effort to revamp international taxation, represents a first step in redrafting the rules in how multinational corporations are taxed.
#StartupsEverywhere: New York City, N.Y.
Dr. Leonardo Bonanni—Founder and CEO of Sourcemap—was conducting product research at MIT when he came across the challenges companies were facing in developing a concrete understanding of their entire supply chain. This led him to develop Sourcemap—a platform that enables companies to network with their suppliers and understand vulnerabilities. We sat down with Bonanni to discuss how Sourcemap works, the impact of COVID-19 on their business and supply chains, and how the government can better partner with startups that are innovating supply chain technologies.
Startup News Digest 06/04/21
The Big Story: Transatlantic data deal a priority ahead of U.S.-EU summit. Ahead of the U.S.-European Union summit later this month, President Joe Biden is renewing the administration’s focus on negotiating a new deal to let U.S. companies, especially startups, that operate in Europe store and process EU users’ data in the U.S. The two governments must address policy-related obstacles to transatlantic digital trade, including the invalidation of the last data flow deal as well as likely impacts from other EU proposals around digital taxes, artificial intelligence, and online platforms and marketplaces.
#StartupsEverywhere: Washington, D.C.
Headquartered in Washington, D.C., Markup LLC is reinventing the way lawmakers draft, record, and analyze public policy. We spoke with the Co-Founder of Markup LLC, Andrew Baluch, to learn about his startup’s work in the public policy space, how the pandemic has shifted Congress’s processes, and some of the ways that lawmakers can be more efficient through the use of technology.
Startup News Digest 05/28/21
The Big Story: Lawmakers consider SHOP SAFE Act despite outsized impact on e-commerce startups. This week, lawmakers examined the recently reintroduced SHOP SAFE Act, which would place high compliance burdens on e-commerce startups with the goal of deterring trademark infringement. The bill was the subject of yesterday’s hearing held by the House Judiciary’s Subcommittee on Courts, Intellectual Property, and the Internet.
#StartupsEverywhere: Medford, Mass.
OPT Industries is an additive manufacturing and 3D printing company that is working to take innovative technologies to scale for mass production of an array of products. We spoke with Jifei Ou—Founder and CEO of OPT Industries—to learn about the technology OPT has developed, his experiences navigating the immigration system as a startup founder, and how the U.S. can better incentivize entrepreneurship in the manufacturing industry.
Startup News Digest 05/21/21
The Big Story: As broadband subsidy program ramps up, lawmakers eye next steps. The need for universal broadband was back in the spotlight this week as lawmakers discussed the impacts of the digital divide, especially during the pandemic. At a hearing Tuesday, the House Appropriations subcommittee on financial services and general government examined the impact a lack of affordable, reliable broadband has, especially on rural communities and communities of color.
#StartupsEverywhere: Cambridge, Mass.
Anne Kim—Co-Founder and CEO of Secure AI Labs (SAIL)—is a researcher at heart. While working through her graduate studies, Kim discovered a significant obstacle to her research in her efforts to obtain patient data from hospitals. This led her to the concept of SAIL, a data management platform that focuses on the need for accessible yet secure medical data. We sat down with Kim to hear what brought her to develop the platform, her thoughts on how startups and policymakers can be more forward thinking about privacy policy, and how she thinks the government can provide startups a boost as a partner and customer.
Startup News Digest 05/14/21
The Big Story: Endless Frontier Act advances through key Senate Committee with changes. The Senate Commerce Committee voted this week to advance a pared down version of the Endless Frontier Act, clearing it’s path for a floor vote. The bill would invest funds to prioritize research into advanced technologies and would authorize $10 billion to create at least ten regional technology hubs. While the original iteration of the legislation directed $100 billion over five years to the bill’s newly created tech directorate at the National Science Foundation (NSF), after amendment, much of this funding would be directed to other NSF activities, with a portion of funds marked toward the directorate to be diverted to the Department of Energy’s National Laboratories.
#StartupsEverywhere: Portland, Ore.
Nombolo is a social media platform that enables users to engage with one another in real time, to answer questions and share experiences through geo-positioned videos and requests. We spoke with Prince Mlaudzi—Founder and CEO of Nombolo—to learn how he developed the idea for the platform from his love of basketball, the challenges he faces as a small platform developing systems for responsible content moderation, and how the government can do more to support underrepresented founders.
Statement on the International Entrepreneur Rule
“The White House’s decision to formally withdraw the previous administration’s proposed removal of the International Entrepreneur Rule (IER) is a victory for foreign-born entrepreneurs looking to launch high-growth, job-creating companies in America. The IER signals to entrepreneurs across the world that our country is a place where their innovative ideas are welcome, allowing the U.S. to remain a global hub of innovation and competitiveness.”
Startup News Digest 05/07/21
The Big Story: Spotlight back on content moderation as Facebook upholds Trump ban. Internet companies' content moderation decisions are back in the spotlight this week as Facebook’s oversight board—a panel of journalists, activists, and lawyers that reviews the company’s content decisions—announced that former President Donald Trump should remain suspended from the platform, prompting criticism and threats of legislation from Republicans in Congress. Facebook banned Trump in January after the insurrection attempt on January 6th, citing the ongoing risk of political violence. The board also said that Facebook was wrong to impose an indefinite ban and called for the company to decide in the next six months whether to restore Trump’s account, permanently remove him from the platform, or suspend him for a specific timeframe.
#StartupsEverywhere: San Francisco, Calif.
Onfleet is a tech startup that uses logistics management software and route optimization to power last mile delivery services for thousands of companies across a wide range of industries. We recently spoke with Mikel Carmenes Cavia—Onfleet’s Co-Founder and VP of Engineering—to learn more about his company’s work optimizing last mile delivery operations, policy concerns related to the legal delivery of cannabis, and how a European court decision last year invalidating the EU-U.S. Privacy Shield has impacted their business.