Enter the characters you see below Sorry, we just innovative Business Ideas 2016 to make sure you’re not a robot. You have successfully emailed the post. In a world where there’s 30 plus food delivery companies and an army of ‘Uber for X’ clones, startups working on high impact and daring ideas can be overlooked. But that doesn’t mean they’re not out there. Eager to impress our editor’s five-year-old son who wants to be wowed by the tech world, Business Insider assembled a list of crazy and unique ways startups want to change the world.
We polled investors and entrepreneurs to hear what audacious ideas companies are working. Here are 21 companies will go big, or go broke trying. We limited the list to private companies who have raised money in the last five years, so this excludes big projects like Google’s Loon or Tesla’s world takeover. Leave your nominations in the comments. Orbital Insight wants to change what we know about the world, by viewing it from above. What is it: When retailers missed their estimates in the last quarter, Orbital Insight already knew about it. The mostly-in-stealth startup had been analyzing imagery from satellites and noticed one striking thing comparing year-over-year images: there’s fewer cars in parking lots. That’s just one example of the power of looking down on our Earth rather than only at what you can see out your window.
Orbital Insight wants to understand the trends of the world by taking advantage of data science and machine learning to spot when change is happening. What it is: The startup, which launched publicly in November, claims it can grow hundreds of diamonds that are up to nine carats in just two weeks in a lab. The company had been working for three years to come up with a way to lab-grow pure diamonds, not synthetics. Medium founder Evan Williams, and Zynga founder Mark Pincus. Fetch Robotics wants to create robots that helpfully work with humans. What is it: Described as the most prominent robotics company not to be owned by Google, Fetch Robotics wants to change the way warehouses work. Unlike other companies, though, the future with Fetch Robotics doesn’t have to eliminate the human entirely. Instead, what investors like about Fetch is how it weaves the two seamlessly together.
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Fetch has created both a pick robot and a freight one. While the “Fetch” can grab items off shelves, a warehouse doesn’t need to go all-in on robots to take advantage of their efficiency. The new “Freight” robot acts more like a trained dog, steadfastly sticking to either a human or another robot’s side. Once it’s full, it returns to the shipping area and a new robot is automatically dispatched.
Stemcentrx wants to cure cancer on the radical idea that stem cells might not all be great. What is it: Stemcentrx wants to cure cancer by targeting the stem cells that could be the root of it all. If you haven’t heard of it, you’re not alone. The company had been operating in stealth until it finally had clinical results to release to the public — and its lung cancer trials have shown the beginnings of positive results.
What is it: In the US, people give a lot of power to your credit score. Whether you can buy a house, rent an apartment, or get a good deal on a car often depends on what credit monitoring institutions have deemed as your creditworthiness. Yet for people who don’t live in a financial system that tracks you over several years, securing a loan can be hard — no credit score, no loan. The company has launched apps in Kenya that track how a person is spending money and how much is coming in. It publishes voyeuristic yet gripping text-message style conversations that keep you hitting next to find out. Founder and CEO Prerna Gupta likens Hooked to the invention of the camera. At first, Hollywood filmed plays that were written for theater stages and turned into movies.
But soon, filmmakers started developing movies fit for the big screen. Gupta believes the same thing is going to happen in narrative. Amazon’s Kindle app or communities like Wattpad have brought books onto mobile devices, but no one has really mastered creating narrative in a new form, native to mobile and designed to capture a person’s short attention span. Blippar wants to be bigger than Google and overhaul search with augmented reality.
What is it: Blippar’s CEO and founder Ambarish Mitra says he’ll never sell to Google or Microsoft. Because he believes what he’s trying to make “is bigger than the internet itself. Blippar is best known for its augmented reality app primarily used by advertisers. A cereal box or a juice bottle can come to life with the camera’s phone trained on it. For advertisers, it’s a neat trick they can put on products. Mitra’s vision doesn’t stop there, though.