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From vehicle design and data to safety reporting and infrastructure, these five innovative moments have helped fuel the global growth of shared e-scooters and are helping lead cities into a healthier, more sustainable future. #1: 3: Comprehensive industry safety report released (spring 2019). 1: Shared scooters launched (fall 2017).
AMP Robotics , a Denver, Colorado-based startup creating robotic systems that can automatically sort recyclable material, today announced that it extended its Series C round to $99 million, thanks to an investment from Microsoft’s Climate Innovation Fund. billion in 2019, per the Department of Energy (DoE). from Caltech.
A true transformation journey for Heineken started in 2019, when Ralph Ostertag, director of digital and technology for Asia Pacific , joined after coming from Mercedes Benz, and years before that in other industries. Another key reason why a change was needed was we were coming from a very fragmented technology landscape.
Brodmann17, an Israeli computer vision technology startup that developed a novel approach to take on a marketplace dominated by Mobileye, shut down this week. The trio focused their efforts on developing a new approach to computer vision technology designed to support advanced driver assistance systems.
Speaker: Richard Cardran, Chief Creative Officer and VP Strategy, HIA Technologies
Innovation is both a process and an outcome. The best way to begin innovating your products is by innovating your internal process. Innovation and Leadership go hand in hand. May 9, 2019 11:00 AM PDT, 2:00 PM EDT, 7:00 PM BST Build a tolerance for failure, willingness to experiment, and a psychological safety net.
CIO ASEAN is proud to announce the winners of the 2024 CIO100 Awards – recognising the top technology leaders and teams across Southeast Asia and Hong Kong who are driving innovation and influencing rapid change. These are in addition to CIO100 awards in the US, UK, and the Middle East. …
Managed infrastructure services provider Kyndryl is considering a bid for competitor DXC Technology, Reuters reported Monday, citing people familiar with the matter. back in the summer of 2019. “DXC will be cheap to buy and the Kyndryl CEO is a finance guy so he will be able to drive synergies. “DXC
A shift has occurred and IT is now viewed as an equal partner in driving business growth with CIOs recognized as the de facto leaders of innovation. Here, they and others share seven ways to create and nurture a culture of innovation. Innovation is a double-edged sword: It is critical to growth — but that’s also what makes it risky. “It
Technology leaders in the financial services sector constantly struggle with the daily challenges of balancing cost, performance, and security the constant demand for high availability means that even a minor system outage could lead to significant financial and reputational losses. Cost forecasting. Legacy infrastructure. Vendor lock-in.
Paul Beswick, CIO of Marsh McLennan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. This costs me about 1% of what it would cost” to license the technology through Microsoft.
Speedata was founded in 2019 and has been in stealth since then, and so the funding getting announced today is actually in two parts. First, there is a $15 million seed round led by Viola and Pitango that dates from some time back. “We were grossly oversubscribed for this round,” he said.
Jake Jolis is a partner at Matrix Partners and invests in seed and Series A technology companies including marketplaces and software. 2019 saw a stampede of fintech unicorns. 2019 saw a stampede of fintech unicorns. 2019 looks to continue another lights-out year for fintech startups. Jake Jolis. Contributor. Dana Stalder.
The advent of new technologies has accelerated the rate of innovation and disrupted the business landscape as we know it. As the pace of innovation speeds up, tomorrow’s front runners are those who readily embrace disruptive technologies to spearhead new business models and capture new avenues of growth.
Packaged as either a phone sticker, keychain or wristband, Popl uses NFC technology to make sharing contact information as easy as using Apple Pay. million in sales for its digital business card technology. Work on Popl, which is co-founded by Alvarez-Cohen’s UCLA roommate, Nick Eischens, now Popl COO, began in late 2019.
The combination of AI and search enables new levels of enterprise intelligence, with technologies such as natural language processing (NLP), machine learning (ML)-based relevancy, vector/semantic search, and large language models (LLMs) helping organizations finally unlock the value of unanalyzed data. How did we get here?
Since 2014, Twiga Foods has been using technology to build supply chains in food and retail distribution on the continent, starting with Kenya. million debt — in 2019. Most of the investors from Twiga’s Series B round in 2019 took part in this recent fundraise. for instance, costs about $400 in Kenya.
Wiliot — the IoT startup that has developed a new kind of processor that is ultra thin and light and runs on ambient power but possesses all the power of a “computer” — has picked up a huge round of growth funding on the back of strong interest in its technology, and a strategy aimed squarely at scale.
Paul Beswick, CIO of Marsh McLellan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. This costs me about 1% of what it would cost” to license the technology through Microsoft.
Overall, the startup’s revenue has ballooned by 300% since September 2019, when it last raised money , he said. We are a product-led firm and our focus will remain on innovation in that space,” he said. “This makes technology platforms like Darwinbox, that focuses on workforces, incredibly important. .
Cathay AfricInvest Innovation, FMO: Entrepreneurial Development Bank and Platform Investment Partners also participated. The company said it plans to use this Series B investment to continue developing more technology and product delivery, both for the U.S. million, according to Aerobotics. Within that, the U.S. and other markets. .
. “ This round of financing demonstrates that our strategy is paying off, including our core beliefs around equality, customer care and product innovation. million Series A round in October 2019. ” The company says it saw its customer base grow over 150% since closing its $31.5 Contentstack raises $31.5M
From obscurity to ubiquity, the rise of large language models (LLMs) is a testament to rapid technological advancement. Just a few short years ago, models like GPT-1 (2018) and GPT-2 (2019) barely registered a blip on anyone’s tech radar. Why has agentic AI become the latest rage? There are many reasons to build your own.
Aurora Innovation, the autonomous vehicle startup backed by Sequoia Capital and Amazon, has reached an agreement with Uber to buy the ride-hailing firm’s self-driving unit in a complex deal that will value the combined company at $10 billion. Aurora is not paying cash for Uber ATG, a company that was valued at $7.25
But with the region’s thirst for innovation, the market is expected to expand nearly tenfold over the next decade, with open banking through the use of APIs leading the way and acting as digital transformation facilitators. Fintech regulations in Latin America could fuel growth or freeze out startups.
Octopus will now launch as a brand in Japan with its trademark 100% renewable electricity operation, which uses an innovative AI and data-based platform to balance loads around the grid. by 50% (renewables in Japan in 2019 accounted for 18.9% Japanese renewables lag the U.K. of electricity versus 37.9% in the U.K.),
At the end of 2020, Marqeta says it had issued 270 million cards through its platform, up from 140 million at the end of 2019. “They want seamless digital experiences, rewards that match their lifestyle, and personalized apps that track financial health, but there’s been little innovation that speaks to this,” he said.
Disha was founded by Evans Akanno, Rufus Oyemade and Blessing Abeng in 2019. Oyemade will continue to lead the technology behind the product with a new role as software and architectural lead. We saw Disha as an opportunity to capture a new market of indie creators that need innovative tools to showcase their craft and get paid.
Kong , $175M, enterprise software: Kong, a developer of cloud API technologies, closed $175 million in an up-round Series E led by Tiger Global and Balderton Capital that valued the company at $2 billion. Founded in 2019, Enveda has raised $360 million, per Crunchbase.
Despite the elaborate smoke and mirrors that Google has put up, one fact remains: Google is an advertising company with ads representing 71% of its revenue sources in 2019. At the same time, trust is waning for technology, with 36% of consumers reportedly less comfortable sharing information now than a year ago, according to PwC.
“We’ve been at the forefront of the additive manufacturing industry,” the executive said in a release tied to the news, “and this transaction will enable us to build on our incredible momentum and provide capital and flexibility to grow our brand, accelerate product innovation, and drive expanded adoption among customers across key verticals.”.
The startup, which debuted on the TechCrunch Sessions: Mobility stage back in 2019, was founded by a pair of University of Michigan professors (Matthew Johnson-Roberson — now CTO — and Ram Vasudevan) seeking to solve a number of issues posed by many delivery robots. million seed round.
Technology has proven important in maintaining the healthcare industry’s resilience in the face of so many obstacles. The healthcare business has embraced numerous technology-based solutions to increase productivity and streamline clinical procedures. Digital Transformation in Healthcare: Emerging Patterns.
billion investment that fintechs in Africa raised in 2020, and triple the amount in 2019. Innovations around mobile money and digital payments have allowed for the processing of payments online and offline through USSD or STK commands, over apps or using NFC technology. This amount was also more than double the $1.35
Nowports raised its initial seed round in 2019 after graduating from Y Combinator’s Winter 2019 batch with a mission to innovate the freight forwarding industry by helping companies — with an emphasis on SMEs — improve the import process. Nowports raises $5.3 in a matter of months.
Sure, Essential was entering a mature and oversaturated market, but the Playground-backed startup was doing so with $330 million in funding, a team of top industry executives and some genuinely innovative ideas. The shutdown was part of a broader layoffs at Bustle Digital Group, which acquired the publication in 2019.
In 2019, Italian startups attracted $850 million, compared to just €140 million in 2017, as the VC ecosystem became less insular and more international investors arrived. Milan tends to attract the lion’s share of VC funding — in 2019, startups located there received €311 million, according to NGP Capital.
The new fund builds upon SoftBank’s $5 billion Latin America Fund, which was first announced in March 2019 and was formerly called the Innovation Fund with an initial $2 billion in committed capital. SoftBank will continue to drive technology adoption that will benefit hundreds of millions of people in this part of the world,” he said.
Being ready means understanding why you need that technology and what it is. In 2019 alone the Data Scientist job postings on Indeed rose by 256% [2]. Universities have been pumping out Data Science grades in rapid pace and the Open Source community made ML technology easy to use and widely available. Read along to learn more!
In a bid to position its brand as more tech-forward — and, in the process, foster new culinary innovations — Chipotle today announced the launch of Cultivate Next, a venture fund run by Curt Garner, the restaurant chain’s chief technology officer.
Today, Microsoft confirmed the acquisition but not the purchase price, saying that it plans to use Fungible’s tech and team to deliver “multiple DPU solutions, network innovation and hardware systems advancements.” Nvidia acquired DPU maker BlueField in 2019, while AMD snatched up Pensando late last year.
Ugandan technology-enabled asset finance company Tugende today announced that it has closed $3.6 The company uses asset finance, technology and a customer support model to help micro, small and medium-sized enterprises own income-generating assets. million in a Series A extension round. Michael Wilkerson founded Tugende in 2012.
Our last in-person mobility event took place back in 2019, so networking face-to-face might feel exhilarating — or awkward. Jens Lehmann, technical lead and product manager for SAP, attended TC Mobility in 2019 and had this to say about CrunchMatch: “The CrunchMatch platform, which is basically speed-dating for techies, was very helpful.
First, it acquired the SocialRank product and business in 2019, allowing it to offer capabilities like showing brands their most valuable social media followers. Despite raising a relatively small amount of funding ($4.1 million total), Trufan has already made two notable acquisitions.
“VNDLY is at the forefront of the vendor management industry with an innovative and intuitive approach. The powerful combination of our technologies and talent will help customers better manage their evolving workforce dynamics, helping them keep pace with today’s changing world of work,” Schlampp said in a statement.
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