Advertisement
Sections
Facebook buys Nascent Objects, a modular hardware startup
In an interesting move, Facebook has gone ahead and acquired a 'modular electronics platform' that can be used to build gadgets - Nascent Objects.
Building 8 is led by Regina Dugan. Dugan earlier was a part of Google's advanced technology and products team that worked on modular phones. She has also shared a video (above) sharing the first glimpse of Nascent Objects. In the past we've heard Google go all out with its plans to build a 'modular' device. Recently, we've seen LG come up with a modular battery in its newest device. However, it is still unknown how Facebook plans to leverage this bit."Nascent is likely a good fit for this part of the social networking giant’s operations, as it will provide the resources and funding to help expand Objects’ modular system, while also giving it a home where it should be put to fairly consistent use across a range of different types of projects, without the startup having to focus on customer acquisition," explains TechCrunch.The financial details of the deal haven't been disclosed yet.
First Published:Sep 21, 2016, 09:50:37 IST
Advertisement
Advertisement

A whole new world: How an Indian EdTech platform is betting big on classrooms in the Metaverse
Metaverse promises to revolutionise the Indian education system like no other technology before. But how exactly are schools and parents responding to the idea?
Through the looking glass: The power of economic reforms in shaping businesses
India has one of the world’s largest start-up ecosystems, with over 70,000 start-ups. One of the key challenges that start-ups face in India is the country’s volatile regulatory environment. However, the government can be a friend to businesses and the public alike.
Sequoia-backed Eduvanz acquires edtech firm Klarity
EV startup Euler Motors raises Rs 20 cr as part of Series A funding; to use money to expedite product, technology
Earlier, as part of its pre-series A round, Euler Motors had raised Rs 15 crore from Blume Venture, US based Emergent Ventures and Andrew Lee. With this series A, Euler Motors has so far raised more than Rs 35 crore.
Pune-based startup Earthfood aims to offer residue-free produce at market price; expands footprint to Mumbai
EarthFood's produce is priced some 0.5 percent to two percent higher than normally grown (fertiliser-driven) fruits and vegetables.
Advertisement
Advertisement
