Wearable devices aren't just about tracking your fitness. You can also use them to track your pets. Pawscout Co-Founder Aaron Lamstein explains how the company's smart tag is innovating technology for pets.
The Pawscout Smart Tag communicates with a smartphone app to track your pet's movement. Lamstein says the three advantages to Pawscout's tag are its small size, long battery life, and reasonable $19.99 price tag. "The issues around safety, community, and connection with your pet are much much more important" to pet-owners, says Lamstein.
So far Pawscout is completely self-funded. But, Lamstein says he is looking to raise venture capital funding in 2018. "Our focus has been investing wisely in places our users care about," says Lamstein. "We will probably go out and raise money sometime in mid-2018."
Bamboo-based toilet paper company Cloud Paper raised $5 million in a recent funding round. Its product is a bamboo-based alternative to traditional toilet paper made from trees, and its mission is to end the deforestation caused by traditional paper products. Cloud Paper says the raise will allow it to make significant investments in its supply chain, product development, and hiring. Ryan Fritsch, a co-founder of Cloud Paper, joined Cheddar News' Closing Bell to discuss.
The Biden Administration has now issued new guidelines when it comes to carbon capture. The new guidelines handed down this week encouraged the widespread use of climate attacks that traps and stores carbon emissions. The goal here is the process would help keep carbon out of the atmosphere without requiring a whole lot of change by big companies and manufacturing plants. Several scientists say that this method would be crucial to help us decrease the use of carbon emissions by the year 2050. Professor of Civil and Environmental Engineering at Stanford University, Mark Jacobson, joined Cheddar to discuss more.
Ellen Goodwin, Co-Founder and Chief Solutions Officer of Artifcts, joins ChedHER to discuss how she's creating a platform to preserve the history of your belongings, and her experience succeeding in male-dominated industries.
