Gone are the days when startups were regarded as small entities that had little significance in industries that were controlled by behemoth corporates. The startups of today are more influential than some of the biggest players in the market and also look at defining the future of U.S. employment.
It’s interesting to see how some of the most innovative startups today are disrupting their industries and setting new trends. Let’s take a look at some of the best examples for different industries:
1. Inamo (Fintech)
It’s convenient and sometimes even cheaper to use credit cards for payments compared to cash. However, carrying credit cards all the time outside isn’t always possible. For instance, when you are planning to go for a bicycle ride, surfing, etc. then you want to leave your credit cards at home. But what if you have to pay for something? This exact problem is what Inamo’s CEO Peter Colbert identified and thought that there has to be a better solution. This is why he came up with Inamo.
Inamo is a contactless payment solution that lets you convert your credit card into a half-inch SIM card which you can put inside a rubber pouch. You can attach this tiny rubber pouch with your wristwatch or car keys and forget about carrying your credit cards everywhere.
While the concept of Inamo isn’t exactly unprecedented, it solves a basic problem that affects hundreds of thousands of credit card users around the world. Needless to say, industry experts believe that the company is on track to becoming a massive enterprise that influences other startups.
2. Emotix (Robotics)
Robots are becoming more and more intelligent, and in the next few years, we will see more of them in our society performing all kinds of roles. For instance, they have already started replacing humans in customer care services in Dubai, and in many countries robots are working as receptionists.
While the applications of smart robots are many, the education sector is one that can benefit from them a lot. For instance, Emotix has already designed and rolled out Miko, a child companion robot that can entertain and educate young children by answering their questions, helping them to learn, and accompanying them as a loving friend. The robo-toy also encourages the children to spend less time in front of the TV which doesn’t really contribute to their mental growth.
3. Tailor Brands (Branding)
There is no question about that artificial intelligence is a powerful technology. However, it’s still in a nascent stage and few companies have been able to use it for offering real-world and practical solutions. Tailor Brands is one of them.
Tailor Brands is a branding automation platform that lets you design premium quality and unique logos in a matter of seconds. This is because it uses its proprietary AI algorithm that’s capable of understanding the design requirements of a user just like a human designer would. Unlike traditional photo editing apps and software, Tailor Brands is able to do most of the design work for you, although you are free to customize the final logos if you want.
What makes Tailor Brands such an influential startup in the AI industry is that it’s offering an easily affordable solution to a very old problem that was holding back small business across the world until now. Now even small businesses can dream of building their own brands with innovative products like Tailor Brands.
4. Molekule (Healthcare)
As per WHO estimates, around 3.8 million people die from household air pollution. This is because you may think that you are breathing in clean air in your air-conditioned home, but the truth is that there are millions of pollutant particles surrounding you.
While there are several tech companies that have realized the risks of harmful indoor air and rolled out a wide range of home air purifiers, one startup, in particular, is leading the space on many levels. This startup called Molekule has devised an advanced air purifier that can actually break down the various pollutants like mold, bacteria, and dust particles on a molecular level by using nanotechnology and Photo Electro-Chemical Oxidation (PECO). This turns the otherwise harmful air into clean and breathable air.
Most forms of HEPA filters that are used in traditional air purifiers can only trap the pollutants. So, there aren’t too efficient. The Molekule air purifier on the other hand actually “purifies” the air by bringing a physical change in the air quality which is why it’s disrupting the healthcare and tech industry today.
5. Deep Map (Transportation)
The majority of road accidents are caused by human error. Since self-driving cars are going to become a norm in the transportation industry, James Wu and Mark Wheeler (founders of Deep Map) realized that there was a need to make automated cars safer for the commuters. So, they created Deep Map.
Deep Map is an HD mapping service for self-driving cars that uses rich data collected by laser devices and images from digital cameras to create 3D maps. These maps can be processed by the automated cars to understand their surroundings including safety signs and blockages and drive safely.
Since Deep Map is a product of a talented team from ex-Apple Map and ex-Google Maps employees, one can imagine the kind of brainpower this team can bring to the table, and it surely is making waves across the world already.
6. SEaB Energy
Using food and animal waste is one of the best ways to generate clean and cheap energy. However, the reason why this technique isn’t commonly used around the world is high transportation and processing costs.
SEaB Energy is an innovative startup in the energy sector that came up with a more practical and cost-effective way of clean energy generation and launched two patented products Muckbuster and Flexibuster. These are designed to use the biogas generated by the bacterial process to generate electricity in a simple and efficient manner. They can also capture water from the waste which can then be used as a resource for the site.
SEaB’s technology is already saving large companies like NHS hospitals a lot of money and more companies are expected to be coming onboard quickly over time.
So, there you have it- 6 handpicked disruptive startups that are changing their industries for the better. Which ones are you most fascinated by? Let us know.