News

Eufy’s New 360° 4K Camera Doesn’t Require Wi-Fi Or Mains Power

The device has the same $249.99 launch price as the firm’s previous LTE-equipped Starlight camera but offers many more features.

Published

5 months ago

March 2, 2024

Nour Nasir

eufy's new 360 degree 4k camera doesn't require wifi or mains power

Anker’s Eufy division has unveiled the S330, a feature-packed and fully self-sufficient 4K security camera offering a full 360-degree field of view, with pan up to 344 degrees and tilt capabilities of 70 degrees. What sets the device apart is its ability to operate autonomously without the need for Wi-Fi or conventional power sources, a feature the company touts as “off-the-grid freedom”.

Priced at $249.99, the Eufy 4G LTE Cam S330 utilizes LTE (4G) connectivity, bypassing the necessity for Wi-Fi by tapping into nearby cell towers. In addition, it features a removable solar panel, requiring just two hours of sunlight to sustain its 36.2Wh battery. With a battery life of up to one month on a single charge, it remains operational even in adverse or overcast weather conditions.

The S330 effectively addresses previous concerns with LTE-enabled cameras, offering versatile installation options for both urban and remote settings. Designed to withstand extreme temperatures (-4 to 122 degrees Fahrenheit) and equipped with AI-powered detection for vehicles and humans, it also ensures minimal false alarms.

Also Read: Meet LiFi: The New Tech Delivering High-Speed Internet Using Light

Additionally, the S330 incorporates a 100-lumen spotlight for illumination and supports two-way audio, alarm activation, and voice control via Google Assistant and Amazon Alexa. Local storage of up to eight months’ worth of recordings is facilitated by a 32GB microSD card, with expansion options up to 128 GB.

Eufy claims there are no activation fees or contracts for utilizing the camera’s SIM card facility, but users will need to pay for any data used after the initial 100MB trial has been used up. Apparently, the S330 uses an average of 700 MB a month, which is definitely something you’ll want to factor in before making a purchase.

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

1 day ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.