June 5 – 5 Key Stories From The Digital World

By June 5, 2019 Insight

1. Bullfrog Ventures acquired by Rokk3r Inc.

  • Bullfrog was founded in 2016 with a clear mission: to accelerate the transition of insurance solutions to be more predictive and preventive, reducing material damages and improving people’s lives
  • Bullfrog’s Insurtech Portal, in partnership with Chubb Latin America, includes more than 80 Insurtechs
  • Bullfrog’s Insurtech platform includes 16 curated insurtechs from all over the world, such as Boxx Insurance, the premier international cyber-insurance solution

2. Your Next Check Could Be Cut From One Of These Atypical VC Firms

  • Corporate venture capital (CVC) funds are everywhere…loosely defined as corporations starting venture capital arms to work with smaller startups
  • Clearbanc, a new kind of venture capital-ish firm…doesn’t have any equity in the over 700 companies it works with. But it put investments in each of them.
  • Pegasus Tech Ventures…invests in startups on behalf of corporations through its “VC-as-a-service” model

3. SpaceX beginning to tackle some of the big challenges for a Mars journey

  • SpaceX remains on track to send humans to Mars in the “mid-2020s
  • plans to bring humans to Mars with a two-stage rocket: the Starship upper stage and a Super Heavy booster
  • So far, NASA and SpaceX have identified four areas that meet their criteria for a safe mission to Mars: the Arcadia, Deuteronilus, Utopia, and Phlegra regions, which are in the northern hemisphere

4. Why Big Business Is Making a Giant Leap into Space

  • advances in reusable rockets, lowered per-launch costs and miniaturization of satellites are opening up business opportunities well beyond aerospace and defense
  • The global space industry is expected to generate revenue of $1.1 trillion or more in 2040, up from the current $350 billion
  • Satellite mass production could decrease the cost from $500 million per satellite to $500,000

5. Benchmark Your Retail Technology Investment Plans

  • Retailers will invest in SaaS to manage application load variability, such as holiday shopping
  • GDPR and similar regional initiatives mean that retail technology investments focus on customer permission and privacy
  • Retailers…plan to increase productivity, using automation to relieve humans of dull repetitive work