Browsing Tag: Startups

    Startups

    Hardware startups take center stage for Hardware Battlefield at TC Shenzhen

    July 18, 2019

    Software grabs so much attention that it even has its own catchphrase — there’s an app for that. It’s not a bad thing, but we know nothing happens without hardware. That’s why we’re hunting for the best early-stage hardware startups to take center stage at Hardware Battlefield at TC Shenzhen on November 11-12 in China.

    Apply here to compete in TC Hardware Battlefield 2019, our hardware-focused pitch competition. If selected, you’ll go head-to-head against some of the world’s most innovative hardware makers for a shot at $25,000. What’s more, you’ll pitch your creations to the world’s top investors. Imagine what that kind of exposure could do for your bottom line.

    This is our fifth Hardware Battlefield and our first in China. Shenzhen has a global reputation for the support it offers hardware startups through a combination of accelerators, rapid prototyping and world-class manufacturing. We’re thrilled to collaborate with our partner TechNode to host TC Hardware Battlefield 2019 as part of the larger TechCrunch Shenzhen that runs November 9-12.

    Any early-stage hardware startup — from any country — can apply to this competition. We’ve seen an impressive range of hardware in previous Battlefields, including robotic arms, food testing devicesmalaria diagnostic tools, smart socks for diabetics and e-motorcycles. Show us what you’ve got!

    Meet the minimum requirements listed below, and you’re qualified for consideration:

    If you’ve never experienced one of our Battlefield pitch competitions, you’re in for the ride of a lifetime. Here’s how this Hardware Battlefield works.

    The vetting process is very selective, and TechCrunch editors thoroughly review every qualified application. They’ll pick 10-15 outstanding hardware startups to compete. Every participating team receives extensive coaching from TechCrunch editors wise in the ways of Battlefield competitions. How extensive? Try six weeks of training that leaves you ready to step on the main stage in front of a panel of judges comprised of expert VCs, founders and technologists.

    Each team has just six minutes to pitch and demo their products and then respond to an in-depth Q&A from the judges. One team will rise above the rest to become the Hardware Battlefield champion and take home a check for $25,000.

    Even if you don’t win the whole shooting match, you’ll walk away with invaluable — some might say life-changing — media and investor exposure. Of course, we’ll capture the entire event on video and publish it on TechCrunch to a global audience.

    Hardware Battlefield at TC Shenzhen takes place on November 11-12. Don’t miss your chance to launch your hardware startup on the world’s most famous tech stage. Apply today!

    Is your company interested in sponsoring or exhibiting at Hardware Battlefield at TC Shenzhen? Contact our sponsorship sales team by filling out this form.


    Source: Tech Crunch Startups | Hardware startups take center stage for Hardware Battlefield at TC Shenzhen

    Startups

    VMware acquires ML acceleration startup Bitfusion

    July 18, 2019

    VMware today announced that it has acquired Bitfusion, a former participant in our Startup Battlefield competition. Bitfusion was one of the earliest companies to help businesses accelerate their complex computing workloads on GPUs, FPGAs and ASICs. In its earliest iteration, over four years ago, the company’s focus was less on AI and machine learning and more on other areas of high-performance computing, but, unsurprisingly, that shifted as the interested in AI and ML increased in recent years.

    VMware will use Bitfusion’s technology, which is vendor- and hardware-agnostic, to bring similar capabilities to its customers. Specifically, it plans to integrate Bitfusion into its vSphere platform.

    “Once closed, the acquisition of Bitfusion will bolster VMware’s strategy of supporting AI- and ML-based workloads by virtualizing hardware accelerators,” writes Krish Prasad, senior vice president and general manager of VMware’s Cloud Platform Business Unit. “Multi-vendor hardware accelerators and the ecosystem around them are key components for delivering modern applications. These accelerators can be used regardless of location in the environment – on-premises and/or in the cloud.”

    Prasad also notes that to get the most out of hardware accelerators like GPUs, most enterprises deploy them on bare metal. VMware, however, argues that this leads to poor utilization and poor efficiencies (as it would, of course, given that it is in the business of virtualization). “This provides a perfect opportunity to virtualize them—providing increased sharing of resources and lowering costs,” writes Prasad.

    The two companies did not disclose the price of the acquisition. Bitfusion had raised $5 million in 2017 and a smaller, strategic investment from Samsung Ventures in 2018.


    Source: Tech Crunch Startups | VMware acquires ML acceleration startup Bitfusion

    Startups

    Submittable raises $10M to help publishers and other organizations manage their submissions

    July 18, 2019

    Submittable is announcing that it has raised $10 million in Series B funding.

    When I first wrote about the company in 2012, it was focused on helping literary magazines manage their submissions — useful, but maybe not the kind of thing that venture capitalists write big checks for.

    Since then, Submittable raised a $5 million Series A and expanded by helping companies in a number of industries manage their submissions and applications. Co-founder and CEO Michael FitzGerald said the company has built products for four main verticals (corporate, academic, philanthropy and publishing) and has signed up big customers like AT&T, HBO, Conde Nast, Harvard and MIT.

    And while publishing may no longer be the main focus, FitzGerald — a published novelist himself — noted that “in the publishing world, we’re pretty much the way you do it.” I’ve certainly been seeing more Submittable submissions pages, (although FitzGerald acknowledged that the service hasn’t quite taken hold among science fiction magazines).

    He also said the product has been getting increasingly sophisticated, for example, allowing a publisher to review and rank submissions based on very specific qualities like sentence structure and voice.

    Submittable screenshot

    Besides expanding into additional verticals and launching on mobile, one of FitzGerald’s main goals it to create what he called “ZipRecruiter for Opportunities,” a marketplace that uses Submittable data to connect individuals and organizations that seem like a good fit, whether they’re writers and magazines, scholarships and students or any other pairing for “any opportunity that isn’t a job.”

    Submittable is based in Missoula, Mont., and the round was led by Next Coast Ventures, a firm that invests in startups outside the big coastal tech hubs. (Previous investors True Ventures, Next Frontier and Flywheel Ventures also participated.) Next Coast co-founder and managing director Michael Smerklo is joining the startup’s board of directors.

    “Submittable is a perfect example of what is possible outside Silicon Valley,” Smerklo said in a statement. “The platform is modernizing the often painful undertaking of managing the submission process and leveraging that data for genuine opportunity creation.”

    FitzGerald (who’s spoken elsewhere about his experience working as a startup CEO while also facing a Stage 4 cancer diagnosis) said the plan is to expand the Submittable team from 88 to 240 people by the end of 2020. He acknowledged that the location has created some challenges in hiring, particularly when it comes to experienced executives, but he said he’s been assisted by the fact that ClassPass and OnxMaps have also opened offices in Missoula.

    Plus, he said that one of the most effective tactics involves searching LinkedIn for executives who went to high school in Missoula between 1985 and 2000: “Everyone is looking for a way home.”


    Source: Tech Crunch Startups | Submittable raises M to help publishers and other organizations manage their submissions

    Startups

    Rent the Backyard wants to build a studio apartment in your yard

    July 18, 2019

    Rent the Backyard is one of the rare startups with a name that perfectly suits what it does.

    The company, which is part of Y Combinator’s current batch, builds studio apartments in homeowners’ backyards, which are then rented out for income.

    Of course, if you already own a house with a yard, you could theoretically do this for yourself, without getting a startup involved, but co-founder Brian Bakerman told me, “The goal is to have no headaches for the homeowners.”

    That means Rent the Backyard works with a partner to build the apartment, finances the construction, lists the property, selects the tenant, collects the rent and serves as the landlord. In exchange for all that, it has an ownership stake in the unit and keeps 50% of the rent.

    The startup also handles the permitting, which co-founder Spencer Burleigh said has become much easier with recent changes in California law. In fact, he pointed to stories about how these changes have led to skyrocketing applications (16 in 2016, 350 in 2018) to build “in-law” units in San Jose, which is where the startup is focused for now.

    Bakerman said that many homeowners simply can’t afford the upfront cost of building these units, so by providing the financing, Rent the Backyard can unlock new income and make home ownership more affordable. At the same time, it’s also helping renters by creating more apartments.

    Of course, for a homeowner, that means giving up a big piece of your backyard (which must be at least 30 feet by 30 feet in size), but Bakerman said that many yards are “underutilized” anyway.

    “In places like the Bay Area … people are spending a ridiculous amount on their homes,” he added. “They often can’t afford those lifestyles, but everyone wants to attain home ownership.”

    The company’s website includes a calculator of how much rental income you might earn, and it says that most owners will be able to make more than $10,000 of additional income each year.

    Over time, Rent the Backyard will give the homeowner an increasing share of equity in the apartment, until they own it completely after 30 years. Homeowners also can buy out the startup’s equity and take full ownership at any time (which they’ll need to do if they sell their home and move out).

    To be clear, Rent the Backyard hasn’t actually built any apartments yet, but it’s already signed up construction partners, and the goal is to get 10 units permitted and ready for construction by the end of the summer.

    “It’s a pretty fast process,” Bakerman said. “It could just be a handful of weeks before we’re able to start building” — and because the units use prefabricated construction methods, the actual building could take as little as a week and a half.


    Source: Tech Crunch Startups | Rent the Backyard wants to build a studio apartment in your yard

    Startups

    Blue Origin CEO Bob Smith joins Disrupt SF to talk about bringing the Moon within reach

    July 18, 2019

    Private spaceflight company Blue Origin has its sights set on the Moon, and in May unveiled a new lander to help it get there. This October, Blue Origin CEO Bob Smith will join us onstage at Disrupt SF 2019 to talk about how the company plans to get to the Moon, and beyond — and what the opportunities are for private space companies once it does.

    Smith and the Jeff Bezos -backed Blue Origin have been busy with more than just building lunar landers: It has been testing the company’s New Shepard spacecraft since 2015 and through this year, when it plans to perform its first crewed mission. To date, its tests have largely been successful and are a strong indicator that it’s well-positioned among the various companies hoping to return the U.S. to crewed launches.

    That’s a key milestone in Blue Origin’s goal of getting to the Moon by 2024, which is the timeline the company declared in May. But their plan isn’t strictly about human achievement or scientific discovery — it’s about business, and establishing a permanent presence in space to provide access to resources and help humanity expand beyond its finite, Earth-bound constraints.

    We’ll talk to Smith about what it means to go from today’s launches to low Earth orbit to making the trip to the Moon in just five short years, and what Blue Origin believes the commercial spaceflight industry will look like once we’ve gotten there and established a permanent commercial presence.

    Blue sky opportunity is old news — Smith will help us suss out what the blue space opportunity is for the next generation of entrepreneurs.

    Disrupt SF runs October 2 to October 4 at the Moscone Center in San Francisco. Tickets are available at an early-bird rate here.

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    Source: Tech Crunch Startups | Blue Origin CEO Bob Smith joins Disrupt SF to talk about bringing the Moon within reach

    Startups

    InCountry raises $15M for its cloud-based private data storage-as-a-service solution

    July 18, 2019

    The rise of data breaches, along with an expanding raft of regulations (now numbering 80 different regional regimes, and growing) have thrust data protection — having legal and compliant ways of handling personal user information — to the top of the list of things that an organization needs to consider when building and operating their businesses. Now a startup called InCountry, which is building both the infrastructure for these companies to securely store that personal data in each jurisdiction, as well as a comprehensive policy framework for them to follow, has raised a Series A of $15 million. The funding is coming in just three months after closing its seed round — underscoring both the attention this area is getting and the opportunity ahead.

    The funding is being led by three investors: Arbor Ventures of Singapore, Global Founders Capital of Berlin and Mubadala of Abu Dhabi. Previous investors Caffeinated Capital, Felicis Ventures, Charles River Ventures and Team Builder Ventures (along with others that are not being named) also participated. It brings the total raised to date to $21 million.

    Peter Yared, the CEO and founder, pointed out in an interview the geographic diversity of the three lead backers: he described this as a strategic investment, which has resulted from InCountry already expanding its work in each region. (As one example, he pointed out a new law in the UAE requiring all health data of its citizens to be stored in the country — regardless of where it originated.)

    As a result, the startup will be opening offices in each of the regions and launching a new product, InCountry Border, to focus on encryption and data handling that keep data inside specific jurisdictions. This will sit alongside the company’s compliance consultancy as well as its infrastructure business.

    “We’re only 28 people and only six months old,” Yared said. “But the proposition we offer — requiring no code changes, but allowing companies to automatically pull out and store the personally identifiable information in a separate place, without anything needed on their own back end, has been a strong pull. We’re flabbergasted with the meetings we’ve been getting.” (The alternative, of companies storing this information themselves, has become massively unpalatable, given all the data breaches we’ve seen, he pointed out.)

    In part because of the nature of data protection, in its short six months of life, InCountry has already come out of the gates with a global viewpoint and global remit.

    It’s already active in 65 countries — which means it’s already equipped to store, process and regulate profile data in the country of origin in these markets — but that is actually just the tip of the iceberg. The company points out that more than 80 countries around the world have data sovereignty regulations, and that in the U.S., some 25 states already have data privacy laws. Violating these can have disastrous consequences for a company’s reputation, not to mention its bottom line: In Europe, the U.K. data regulator is now fining companies the equivalent of hundreds of millions of dollars when they violate GDPR rules.

    This ironically is translating into a big business opportunity for startups that are building technology to help companies cope with this. Just last week, OneTrust raised a $200 million Series A to continue building out its technology and business funnel — the company is a “gateway” specialist, building the welcome screens that you encounter when you visit sites to accept or reject a set of cookies and other data requests.

    Yared says that while InCountry is very young and is still working on its channel strategy — it’s mainly working directly with companies at this point — there is a clear opportunity both to partner with others within the ecosystem as well as integrators and others working on cloud services and security to build bigger customer networks.

    That speaks to the complexity of the issue, and the different entry points that exist to solve it.

    “The rapidly evolving and complex global regulatory landscape in our technology driven world is a growing challenge for companies,” said Melissa Guzy of Arbor Ventures, in a statement. Guzy is joining the board with this round. “InCountry is the first to provide a comprehensive solution in the cloud that enables companies to operate globally and address data sovereignty. We’re thrilled to partner and support the company’s mission to enable global data compliance for international businesses.”


    Source: Tech Crunch Startups | InCountry raises M for its cloud-based private data storage-as-a-service solution

    Startups

    Last chance! Apply for the All Raise female founder program at Disrupt SF 2019

    July 18, 2019

    Newsflash for all female founders of the early-stage startup variety. Your chance to meet with leading women VCs at Disrupt SF 2019 on October 2-4 ends on July 19 at 5 p.m. (PT). Apply for an AMA session before the deadline expires.

    We’re serious when it comes to supporting women in tech, which is why we partnered with All Raise — a startup nonprofit dedicated to accelerating female founder success. They’re hosting a day-long AMA (“ask me anything”) event, where you and about 100 other female founders can schedule a session to pick the brain of a leading female VC.

    Here’s what you need to know about the All Raise AMA event. It takes place on October 3 in a reserved area within Startup Alley. The sessions are 30 minutes, and there will be at least 30 scheduled throughout the day.

    Each AMA session consists of three founders and one All Raise community VC. You’ll be face-to-face with one of the best investors around; someone who’s willing to share and support your dream — talk about a rare opportunity. In fact, here are some of the female VCs you might meet:

    • Dayna Grayson, NEA
    • Susan Lyne, BBG
    • Shauntel Garvey, Reach Capital
    • Eurie Kim, Forerunner
    • Jess Lee, Sequoia
    • Kara Nortman, Upfront
    • Sara Guo, Greylock,
    • Anarghya Vardhana, Maveron
    • Eva Ho, Fika Ventures
    • Sarah Smith, Bain Capital Ventures
    • Jess Lin, Work-Bench

    You qualify to apply for an All Raise AMA if you meet the following criteria: you’re a U.S.-based woman founder and you’ve raised at least $250,000 in a Seed, A or B round. All Raise gives special consideration to founders from underrepresented groups (e.g. Black, Latinx or LGBTQIA women).

    All Raise will review the applications and base acceptance on availability for session spots, investor fit with industry sector and company stage, as well as demand for certain categories.

    If they select you to participate, all you need to do is buy any pass to Disrupt SF (including Expo Only). All Raise will contact you via email to let you know when your AMA session takes place.

    An opportunity like this doesn’t come along every day, and your chance to take advantage of it ends soon. Don’t wait, apply to the All Raise AMA event before the deadline expires on July 19 at 5 p.m. (PT). Get your burning questions answered!

    If you are interested in sponsoring this event or exhibiting at Disrupt San Francisco 2019, fill out this form to get in contact with our sales team.


    Source: Tech Crunch Startups | Last chance! Apply for the All Raise female founder program at Disrupt SF 2019

    Startups

    Haus, the real estate startup founded by Garrett Camp, raises $7.1M

    July 18, 2019

    Haus, a startup aiming to make home ownership more affordable and flexible, is announcing that it has raised $7.1 million in new funding.

    This amount combines a $4.1 million seed equity investment led by Montage Ventures and $3 million in debt, which will help finance Haus’ new co-investment model.

    Haus was created by Uber co-founder Garrett Camp as part of his startup studio Expa . When it launched in 2016, it was focused on digitizing and bringing more transparency to the home-buying process. Since then, former Trulia executive Jonathan McNulty joined as CEO, and he’s introduced that co-investment model, where Haus helps to finance a purchase by buying equity in the home.

    The idea is that instead of taking on debt, the homeowner is sharing with Haus both the risks and the rewards of changing home values. And instead of paying off a mortgage, the homeowner makes monthly payments to Haus that both purchases more equity and pays the startup and its investors.

    The company estimates that these payments are, on average, 30% lower than a traditional mortgage payment. In an email, McNulty said that Haus caps the “option” portion of the payment so that homeowners are always purchasing as much equity as they did with their first payment, even if the home’s value increases.

    “From a consumer perspective, there have historically only been two ownership options, pay cash for your home, or borrow money from a bank or lender with a mortgage,” he said. “With Haus, we replace that mortgage relationship and create a direct partnership with the consumer to create an entirely new way of financing a home.”

    Haus can also work with existing homeowners to replace part or all of their mortgage — McNulty noted that in some cases, it may make sense “to keep some mortgage debt active for tax purposes.”

    When asked about how consumers have responded so far, McNulty declined to provide specific numbers, but he said the service is active in Washington, California and Oregon, and that “the early demand is significant, which makes sense given the affordability challenges we see in these western states.”

    Other new investors include RIT Capital Partners and Tim Ferriss. McNulty said the funding will allow the company to expand its team, particularly to do more marketing and to enter new geographies.

    “The current real estate model has been broken for a long time,” Montage Ventures partner Matt Murphy said in a statement. “Homeownership … for people ages 25 to 34 is much lower than it should be. We are excited to partner with Haus to bring much needed relief to current homeowners and prospective buyers alike.”


    Source: Tech Crunch Startups | Haus, the real estate startup founded by Garrett Camp, raises .1M

    Startups

    Only 24 hours left to apply for TC Top Picks at Disrupt SF 2019

    July 18, 2019

    Early-stage startup founders, you have just 24 hours left to complete one small task — a task that holds the potential to shift your venture into hyperdrive. Apply to be a TC Top Pick and the chance to exhibit for free at Disrupt San Francisco 2019 in October. There’s no time left to drag your feet, because this opportunity expires on July 19 at 5 p.m. (PT).

    Does your startup qualify? We’re looking specifically for pre-Series A startups that fall into one of these tech categories: AI/Machine Learning, Biotech/Healthtech, Blockchain, Fintech, Mobility, Privacy/Security, Retail/E-commerce, Robotics/IoT/Hardware, SaaS and Social Impact/Education.

    Applying is easy; however, earning a Top Pick designation — not so much. Our highly discerning TechCrunch editors thoroughly vet qualified applicants and choose up to five outstanding startups in each category.

    Our TC Top Picks get the VIP treatment at Disrupt, starting with a free Startup Alley Exhibition Package good for one full day of exhibiting in Startup Alley. You also receive three Founder passes, access to the complete Disrupt SF 2019 press list and invitations to special events — like the investor reception. Opportunity, I hear you knocking!

    You’ll exhibit in a dedicated space within Startup Alley and, because we promote the heck out of TC Top Picks in our pre-conference marketing, you can expect intense interest from investors, media, other founders and potential customers. Top Picks stand in a very bright spotlight.

    One of the best perks provides value that lasts long after Disrupt ends. A TechCrunch editor will interview each Top Pick — live on the Showcase Stage in Startup Alley. We’ll record the interviews and promote them across our social media platforms.

    Here’s another reason to apply. Every early-stage startup exhibiting in Startup Alley has a shot at participating in Startup Battlefield, our epic pitch competition. TechCrunch editors will pick two startups as Wild Card teams — and they’ll compete for $100,000 equity-free cash, the Disrupt Cup and even more investor and media attention.

    Disrupt San Francisco 2019 takes place October 2-4, and one simple task can shift your business in a whole new direction. You have just 24 hours. Apply to be a TC Top Pick now — before the clock runs out on July 19 at 5 p.m. (PT).

    Is your company interested in sponsoring at Disrupt SF 2019? Contact our sponsorship sales team by filling out this form.


    Source: Tech Crunch Startups | Only 24 hours left to apply for TC Top Picks at Disrupt SF 2019

    Startups

    Inside Harley-Davidson’s EV shift with a ride on its LiveWire

    July 18, 2019

    Harley-Davidson will release its first production electric motorcycle, the LiveWire, in September.

    Yes, the American symbol for internal combustion, chrome and steel is going all-in on two-wheeled EVs.

    Founded in Milwaukee in 1903, Harley-Davidson opened a Silicon Valley office in 2018 with plans to add a future line-up of electric vehicles — from motorcycles to bicycles to scooters.

    With these moves, HD joins a list of established transportation companies that are redefining themselves in the transformation of global mobility.

    TechCrunch talked to the company’s senior management on the EV pivot and got a chance to test the  LiveWire on New York’s Formula E race track. 

    The battery-powered Harley will do 0-60 mph in 3 seconds, go 110 mph and charge to 100% in 60 minutes. It goes for $29,799, MSRP.

    The motorcycle’s 15.5 kWh battery and magnet motor produce 105 horsepower and 86 ft-lbs of torque for a city range of 146 miles (and 95 for combined city/highway riding).

    In contrast to some of Harley’s minimalist gas motorcycles, the company teched out the LiveWire. The e-moto has five processors to manage performance and app-based connectivity, according to HD’s chief engineer for EV Technology, Sean Stanley.

    The LiveWire’s tablet-type dash synchronizes with smartphones and allows for preset and customized digital riding modes. From the dash or a smartphone one can calibrate and monitor the LiveWire’s power output, charge status, traction-control settings and ABS braking characteristics. The EV has navigation capabilities and a Bluetooth system for music, helmet comms and to accept incoming phone calls.

    Harley-Davidson is famous for its internal combustion rumble — which warranted a new signature electric sound generated from the LiveWire’s mechanical movements. “We spent a lot of time optimizing it…The sound comes from a combination of the electric motor, the transmission and the drive line,” explained Stanley.

    You can power the LiveWire on a home outlet or get your electric motor running to head out on the highway with the same fast-charging networks that power Teslas — such as ChargePoint.

    HD is also adding charging stations at its LiveWire dealers and announced a partnership last week with Electrify America to provide new owners 500 kW for free.

    Harley-Davidson’s electric shift puts the iconic American company in a position to hedge competition from e-moto startups as it jumps out front as the EV leader among established motorcycle companies.

    The major gas names have been slow to embrace production e-motos. None of the big motorcycle manufacturers — Honda, Kawasaki, BMW — offer a street-legal, electric motorcycle in the U.S. KTM introduced its Freeride E-XC off-road motorcycle in 2018 and will soon offer a junior version for the first all-electric Supercross racing class.

    Harley’s electric moves come after a period of revenue decline for the company and stagnation in the powered two-wheeler market.

    The U.S. motorcycle industry has been in pretty bad shape since the recession. New sales dropped by roughly 50% since 2008 — with sharp declines in ownership by everyone under 40 — and have never recovered.

    Analysts, such as UBS’s Robin Farley, have suggested that appealing to the preferences of more tech-savvy millennials, over those of baby boomers, should be a priority for Harley-Davidson.

    For the last several years, e-motorcycle startups have worked to produce models that rejuvenate interest from a younger generation, while creating gas-rider converts. In addition to offering more tech features to attract new riders, companies such as California-based Zero have worked to close gaps on price, range, charge times and performance compared to petrol-powered motorcycles. The startup began shipping its 2020 $18,995 SR/F model — a potential LiveWire competitor — with a 161-mile city range, one-hour charge capability and a top speed of 124 mph.

    E-moto startup Fuell will debut its $10,995 Flow — with 2.7 second 0-60 speed, 150-mile range and 30-minute charge times — in Europe this year, then the U.S., according to founder Erik Buell.

    So market competition aside, what’s it like to ride Harley-Davidson’s LiveWire? Nearly a dozen laps around NYC’s Formula E circuit offered a solid first impression. The LiveWire is everything that’s becoming the e-motorcycle experience: lightning-like acceleration with little noise beyond the wind cracking around you.

    The biggest distinction between the LiveWire — versus gas motorcycles — is its monster torque and uninterrupted forward movement. The machine has one gear, so there’s no clutch or shifting. With only a battery, processor and drive-train there’s much less that needs to happen mechanically to deliver power from the throttle to the rear wheel. You simply twist and go.

    As Harley-Davidson rolls out its adrenaline-inducing LiveWire, there are several things to watch. The first is how the $29,000 price point fares in the market vis-à-vis startup competitors, such as Zero — which are launching comparable, yet less expensive, e-motos. HD’s Paul James (see video) gives LiveWire an edge over Zero on performance attributes and Harley’s service and dealer networks. Sales figures will soon tell if buyers agree.

    Harley-Davidson’s EV foray could also create the spark that pushes the gas motorcycle industry toward electric — which would make HD a case of the almost disrupted transportation company becoming the disruptor.

    And even more significant than the LiveWire release is what Harley-Davidson offers next. The company has committed to produce a lighter, lower-priced e-motorcycle in the near future, as well as e-scooters and e-bicycles.

    At an event this spring, Harley-Davidson’s VP for Product Marc McAllister stressed the need for HD to remain a premium motorcycle transportation company, while developing products for a more on-demand, urban mobility era.

    Harley-Davidson’s LiveWire is a leap in that direction, but the company’s next round of two-wheeled EVs — and the market response — will tell us more about HD’s relevance in the transformation of how people choose to move from place to place.


    Source: Tech Crunch Startups | Inside Harley-Davidson’s EV shift with a ride on its LiveWire