This week Mitipi launched a Kickstarter campaign for its virtual roommate device "Kevin." In just 19 hours the company met its goal of $50,000 in funding. Mitipi's Founder and CEO Julian Stylianou explains why he thinks this device will reinvent smart home technology, and security. "We have a new angle, we are doing smart security differently than anybody else," said Stylianou. He explains this product leverages audio and light effects to deter burglars from entering homes. Stylianou says he hopes to bring this product to consumers in late 2018, and it will cost around $300-$400.

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UPSIDE Foods Raises $400 Million to Commercialize Cultivated Meat at Scale
UPSIDE foods, a company that makes cultivated meat products, recently raised $400 million in a Series C round. UPSIDE says it's developing a way to grow real meat, poultry, and seafood, without the need to raise animals for human consumption. It's a process that gets the attention of some big-name backers, including Bill Gates and Richard Branson. Dr. Uma Valeti, Founder and CEO of UPSIDE Foods, joins Cheddar News' Closing Bell to discuss.
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