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Thats why tech leaders need solutions now, not months from now. Thats an eternity in tech terms ; by the time a deal is signed, market conditions may have changed, new competitors emerged, or the solution itself evolved. See also: How AI is empowering tech leaders and transforming procurement. )
Migration to the cloud, data valorization, and development of e-commerce are areas where rubber sole manufacturer Vibram has transformed its business as it opens up to new markets. We’re in publishing, but it’s the accompanying services that differentiate us on the market; the technology component is what gives value to our business.”
Over the past two years, Asia’s retailers were forced to do virtual meetings instead of visiting in-person trade shows or conferences to source new brands and products due to the pandemic lockdowns. The startup has secured $4.2 million in seed funding led by Headline Ventures. The new round of funding brings its total raised to $5.8
They can also make advertising and marketing campaigns at shops, perform product giveaways and tap into merchandising revenue. One of the earliest in the space, Nigerian B2B e-commerce platform TradeDepot , raised a combined $110 million in debt and equity. Then, he stumbled on the country’s B2B e-commerce retail opportunity. “We
Investors appeared to be backing some startups in part due to FOMO, and that’s not necessarily a good thing. Last year, it was truly a founders’ market, meaning that terms were more founder-friendly than ever. billion in seed through late-stage venture funding. And everyone was like, ‘yeah, that makes sense, let’s invest in this.’ ”.
As Italy reinstates many COVID-19 restrictions, the country’s tech ecosystem is watching and waiting to see what the wider effects of the emergency will be. Italy’s ecosystem for tech venture capital and startups has been in development for years and has made decent strides in the last decade.
Last year, MaxAB , the food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, raised its $55 million Series A in two tranches ; the latter accompanied its acquisition of the Morocco-based and YC-backed WaysToCap. For MaxAB, that’s its sweet spot.
Anchor announced today that it is now planning to accelerate its growth by expanding its team, partnering with more clients and launching a marketing drive after landing $15 million in seed-funding. But these challenges can be eliminated using technology.
Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated up to $2 billion went into African tech startups in 2019. AfricArena, a tech ecosystem accelerator, pegged deals to close between $2.25
Accord launches B2B sales platform with $6M seed. The company’s target market is technology startups, but Ross Rich said Accord is now attracting interest from medical device companies and others where there is no software that bridges the gap between external parties.
The global downturn has impacted every sector, but fintech bore the brunt of it as public-market valuations fell off a cliff last year. However, it appears that even though VCs are proceeding more cautiously than before and taking their time with duediligence, they are still investing. What do you feel might be overhyped?
Today, Bosch announced that it would be acquiring Five.ai , the autonomous driving startup that started with big ambitions to build and operate its own fleet of robotaxis but ultimately pivoted to focusing on technology development as a B2B play. Scale matters in building automated driving technology.
The data shows that they developed their skills at tech giants, elite universities and even military organizations. From employees to entrepreneurs One quarter of unicorn founders previously worked in scientific research or technology development. Tech giants serve as particularly effective training grounds.
When marketers Paul Benigeri and Geoffrey Woo were at their former companies, in food tech and e-commerce infrastructure, respectively, they experienced how manual and repetitive digital marketing workflows were, especially as the number of disparate and unintegrated marketing tools grew.
Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. The two-year-old VC fund invests in B2B and API-first fintechs across Africa, Latin America and South Asia at pre-seed and seed stages. About 40% are based in the U.S.,
Terraa , a Moroccan B2Btech-enabled food distribution platform, has raised $1.5 It intends to provide a consistent and competitively priced market for the produce, helping farmers cut back on the post-harvest losses often driven by lack of markets, especially in times of overproduction.
The data and research organisation uses factors like performance, capital, market reach, connectedness, talent, and knowledge to produce its rankings. Startup ecosystems from emerging markets excluding China and India didn’t make the organisations’ top 40 list last year.
More progress is linked to how quickly market information circulates to key stakeholders, including traders, regulators and financiers. Realizing emerging opportunities, Xetova , a Kenyan startup, is deploying technologies that make information on market opportunities accessible to traders.
. “Even though brands were marking up their retail price at 75% to 80% margins, they were still making only around 8% to 10% profits and losing money due to high inventory wastage or going out of stock. They] struggled with … opacity due to multiple middlemen and their manufacturers being thousands of miles away.”
Naturally, many of the factors that we need to explore vary considerably between tech verticals. However, don’t be disheartened if you operate a B2B startup, as the approach I will outline may broadly apply to your business, too. For ease, we will concentrate on midsized startups that sell directly to consumers.
Artificial Intelligence (AI) is revolutionizing B2B e-commerce, enabling capabilities such as personalized product recommendations, dynamic pricing, and predictive analytics. As AI adoption grows, B2B companies must address data quality issues to leverage AI’s benefits fully.
Today’s news is from Alerzo , a little-known B2B e-commerce retail startup based in Ibadan, Nigeria. The founder says Ibadan was the ideal market to establish its headquarters because informal retailers in the region experience these challenges more than those in Lagos. The company is announcing a $10.5
Oracle has updated its Unity Customer Data Platform (CDP) with new features to help enterprises improve customer experience and engagement, and optimize marketing spend. The new account profile explorer is designed to help marketing and sales teams deliver upsell and cross-sell engagements to grow revenue opportunities.
Duediligence was a big topic in 2022 for a variety of reasons. But duediligence doesn’t just apply to investors pouring money into startups, or companies acquiring other companies. We do this by automating the review of a business’s online and offline footprint,” Hakimian told TechCrunch in an interview. “We
Launching a B2B product within a B2C company presents distinct challenges as you attempt to strike a balance between successfully establishing a new product and maintaining your original business. No one claims it’s easy, but it is doable once you understand what’s necessary for a successful B2B expansion.
Melalite Ayenew is the firm’s tech partner. “Our process is very hands-on; by working with the co-founders over several months, we get the opportunity to help shape the business models and perform extensive duediligence before investing,” Nielsen said to TechCrunch. ”
For one, as one source told me, BlackRock’s investment is a show of faith in the SMB 401(k) market — one where the firm hasn’t historically played. ’s auto-enrollment provisions (among others), will make 401k plans more impactful at the lower end of the market, and Human Interest is well-positioned to execute.”.
Now tech companies across industries are poised for an even better year, according to more than a dozen investors we talked to in the country. Subscribe to access all of our investor surveys, company profiles and other inside tech coverage for startups everywhere. This a great example of company that is disrupting a traditional market.
on 2020, as parts of the global economy started to claw back growth after a tough 2020 due to Covid-19. There are dozens, maybe even hundreds, of companies playing in the cross-border remittances field, from incumbents like Western Union through a myriad of tech players, some of which have gone public and some of which remain privately held.
Sarah writes that the social media giant is seeing a spike in one-star reviews, which include calling for its removal. Go on, another handful for ya: They just want to stay involvo : Frederic reports that Volvo Cars Tech Fund invests in driver monitoring startup CorrActions. Big Tech Inc. You can sign up here. Kirsten has more.
But APIs do more than support next-generation technologies — they already serve a foundational purpose within most enterprises. As enablers for the integration of data and business services across platforms, APIs are very aligned with current tech trends,” says Antonio Vázquez, CIO of software company Bizagi.
Insurtech companies have been among the biggest victims of the public market selloff, especially those that went public in 2021. “I do not believe the insurtech market to be dead, because it is still a multi-billion-dollar market,” Hélène Falchier, partner at Portage Ventures, told TechCrunch.
Costanoa’s focus today is applied AI and AI infrastructure, and B2B fintech. The firm incubated Vannevar Labs in 2019, before defense tech and AI were as popular as they are today. Combine those technologies, and you start to get some very interesting and complex outputs, Sands said.
As a partner in a fund of funds, I attend a lot of annual meetings, talk with a lot of venture fund general partners and review a lot of investor decks. But, the outsized returns only come from companies that are market leaders in enormous markets. As I have written many times before, venture is about elephant hunting.
The software-as-a-service (SaaS) industry is facing budget constraints and reductions in headcount as a result of the pandemic and the broader slowdown in tech. But he doesn’t see them as direct competitors, pointing out that Vartana’s model hinges on delivering financing to buyers and targeting late-stage tech companies.
We at OTS solutions apply this philosophy and due to our focus and dedication, TopDevelopers.co, in a press release of the top IoT app development companies have listed us as a leading service provider. is one of the renowned and reputed online review and research mediums for B2B IT Firms. TopDevelopers.co TopDevelopers.co
Farming accounts for 24% of Europe’s greenhouse gas emissions, and this is largely due to the intensive, “industrial” farming methods employed in the last few decades, together with the rise in the consumption of meat. The voluntary carbon market for agriculture includes U.S. The startup has some competition in the space.
Nigeria-based health tech startup Helium Health has acquired Meddy , a Qatar-headquartered and UAE-based doctor booking platform for an undisclosed amount. The company could have built out these services but acquiring Meddy presented a better option due its expansion play. Helium Health.
Really promising team slide [Slide 14] That’s how you show founder-market fit. You look at things like whether there’s a big enough market, problem and opportunity for return, but most importantly, you have to consider whether this is the right team to bring this product to market. Those are all useful.
This shows up for everyone who does large B2B or corporate deals; if you’re negotiating with someone bigger than you, it’s likely that their in-house legal team has capital-T thoughts about your contracts, and that you won’t be able to use your lovingly crafted boilerplate contracts the way you had hoped.
AlterPacks is tackling both issues with technology that turns food waste into takeout boxes and other containers. The new funding will be used for AlterPacks’ commercialization, including production and supply, in markets like Asia, Australia and Europe. AlterPacks containers have been on the market since December.
Many tech workers have never experienced a job market like this one. Last year, 1,044 tech companies let go of 159,786 employees, according to Layoffs.fyi. I surveyed six seed- and early-stage investors to get their tactical advice for laid-off tech workers who are thinking about starting up.
More capital for instant delivery : After a flurry of 2021 rounds, the venture market for instant delivery companies is still active. How one city is diversifying its startup market : The U.S. venture market is often considered to be its two main coasts. So, many companies are building tech to make Ethereum scale.
“If you think about quant investing in venture, there’s a lot of understanding around the metrics that drive SaaS startup success, particularly B2B startup SaaS,” he said. Then the layoffs came as a response to hiring freezes from tech startups waiting out the economic downturn.
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