E144: David updates on Venture for the week, then Paul interviews Thomas Spencer, Co-founder and Chief R&D Office at Scalable Systems Group, formerly known as WasteWizer. Scalable saw an opportunity to solve a weighty problem in the industrial waste and recycling industry: When is the bin full and ready to empty? Think about 10,000 bins distributed across 500 to 1,000 sites. Scalable has developed a proprietary technology for capturing the weight of bins up to 20 tons, without moving parts and that can tolerate the stress of the industrial environment all while sharing live data over their IoT network. They have accumulated a large data set to train their AI and have deployed their latest customer dashboard into the metal recycling industry to broad acceptance. Now they are preparing to scale and penetrate other industries that use weight. (recorded 11/8/24) Follow David on LinkedIn or reach out to David on Twitter/X @DGRollingSouth for comments. Follow Paul on LinkedIn or reach out to Paul on Twitter/X @PalmettoAngel We invite your feedback and suggestions at www.ventureinthesouth.com or email david@ventureinthesouth.com. Learn more about RollingSouth at rollingsouth.vc or email david@rollingsouth.vc.
From "Venture In The South"
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