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One of the earliest in the space, Nigerian B2B e-commerce platform TradeDepot , raised a combined $110 million in debt and equity. Due to the pandemic, Akinin’s construction company embarked on a COVID relief program to donate food supplies in Namibia. Then, he stumbled on the country’s B2B e-commerce retail opportunity. “We
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.
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
The shipping business in Africa has for years been inefficient and costly due to the traditional ways of managing operations – traditional in the sense that a shipper has to physically look for a transporter, sometimes through a middle-man, and often, once goods are delivered, the trucks almost always make the return trip empty.
When young (or youngish) people think of age-tech, they may picture mostly clinical solutions—telemedicine platforms, for instance. Goalsetter raises $15 million to go B2B with children’s financial literacy app. Growing older, however, doesn’t just have a physical component.
Most companies have transitioned to become more software-centric, and with this transformation, application programming interfaces (APIs) have proliferated. But APIs do more than support next-generation technologies — they already serve a foundational purpose within most enterprises.
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.
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. ”
Both of them studied at IIT Madras, went to the same exchange program in Singapore, and were colleagues at Kolkata-headquartered conglomerate ITC. million in the financial year that ended in March, a 20X growth from the year prior — plans to deploy the new capital to expand to more areas of categories, and broaden its technology stack.
AlterPacks is tackling both issues with technology that turns food waste into takeout boxes and other containers. Its go-to-market strategy is a B2B model and includes working with distribution partners that sell supplies to F&B businesses like restaurants and hotels. AlterPacks containers have been on the market since December.
You can program it and use it for all sorts of things. So, many companies are building tech to make Ethereum scale. Tile builds anti-stalking tech into its platform : Apple and Tile have built ways for users to better track their devices. Tile has now updated its tech to combat the situation, as Apple has as well.
Convoy, a digital freight network that connects shippers with carriers , has raised $260 million in fresh funding to scale up initiatives that will push the trucking tech industry into new ground. Trucking tech platforms like Convoy’s can tap into real time pricing to coordinate for better visibility and planning.
Realizing emerging opportunities, Xetova , a Kenyan startup, is deploying technologies that make information on market opportunities accessible to traders. That finding made me curious about B2B trade, large supply chains and how entrepreneurs in Africa access large procurement opportunities.
Last week, Paystand — a blockchain-enabled B2B payments startup — announced it had acquired Mexican fintech Yaydoo — creating a new unicorn in the resulting new entity. has a legacy, centralized financial infrastructure that needs to be disrupted and re-imagined by fintechs with blockchain technology. and Mexico. and Mexico.
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. Its a big program for us and were getting ready now. Watch the full video below for more insights.
Our survey respondents said the city was strong across a broad range of tech industries, particularly those with practical applications: cybersecurity, energy and sustainability, fintech, health care and medtech, edtech and silver tech among others. Lukas Inokaitis , business development, NFQ Technologies. Rokas Tamoši?
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.
However, a Kenyan B2B management startup founded by Yacob Berhane and Wossen Ayele wants to close the gap on three of the six factors — access to capital, knowledge, and talent. Their backgrounds, according to Ayele, run the gamut from finance and marketing to product and technology across a range of sectors. for law school.
Other LPs include more than 30 Indonesian families and their conglomerates; over 20 leading global funds and managing partners; and more than 10 founders of tech unicorns. The firm will look for companies with competitive moats, like strong intellectual property or deep tech. Turtle Fellowship to mentor aspiring founders.
With the recent funding, Atommerce plans to enhance artificial intelligence and machine learning technology for its platform and invest in digital therapeutics specialized in mental illness. The Seoul-based startup offers a virtual therapy program and a mental health benefits solution for employers.
It makes angel, pre-seed and seed investments into B2B SaaS startups in sectors like finance, healthcare, cybersecurity, supply chain, construction and real estate. TC: The current portfolio is largely enterprise/B2B, with a few notable investments in food tech. Tovala gobbles up $20M for its smart oven+meal kit service.
The startup is building technology that may help grocery chains of all sizes go digital, take advantage of modern mobile technology, and generate more incomes via ads, while offering consumers more shopping options. How are VCs handling diligence in a world where deals open and close in days, not months? Neat, yeah?
Walter Thompson Contributor Share on Twitter Editorial Manager Walter Thompson edits staff and guest articles for TechCrunch+ and manages TechCrunch's guest contributor program. They are in diligence now. Previously, he worked at a number of startups in various roles and as City Editor of Hoodline.
based tech founders are welcomed with open arms. and StartupAmsterdam, there are 1,661 tech companies in Amsterdam, while the city ranked fifteenth in Startup Genome’s 2019 report “Global Startup Ecosystem Report,” moving up four places since 2017. Digital health, education, B2B SaaS. million raised in the quarter before.
Stilt , which started its life as a provider of financial services for immigrants, has raised $14 million in Series A funding led by Link Ventures as it expands its focus to include a B2B offering. A pilot program has been in place with several startup customers. It also can provide them with debt capital of up to $1 million.
” Today, Stoa offers a six-month part-time program, StoaMBA, that combines tech relevant skills with business fundamentals for all participants. On average, students spend 12 hours a week, three weeks a month with the program. Understanding the unaccredited mindset.
When Y Combinator began Startup School as an in-person program for early-stage founders launching a company, it catered to the first set of privileged founders. But it then decided to level the playing field a bit by taking the program online so founders from other parts of the world could participate. How to find a tech co-founder?
Udemy files to go public on back of growing B2B incomes. Udemy is a somewhat stable consumer edtech offering inside a recurring-revenue B2B product,” he writes. “If Udemy files to go public on back of growing B2B incomes. Why emerging technology founders should tackle the hardest problems first. its Q2 2021 ARR.
Also read: 5 Reasons For Bad Candidate Experience In Tech Interviews Why is candidate engagement important? Potential candidates will read those bad reviews and decide not to apply. Are there any technical glitches to make candidates drop off? Use technology to make better hiring decisions Q3. Is it long? Is it confusing?
Manara: A marketplace to connect Middle East talent to tech jobs. The future is consumer over B2B. In some ways, edtech startups going for consumers instead of institutions isn’t new: it’s always been easier to convince a parent instead of a public school to pay for a service simply due to red tape.
While Madrid and Barcelona tend to attract the buzz when it comes to tech startups in Spain, Valencia is slowly and surely making a name for itself as a growing tech ecosystem. The city appears to be strong in areas such as travel, AI, cybersecurity, fintech, agritech, travel tech, biotech, sports tech, and VR.
This is the most significant difference of the Hangar hubs, he continues, when compared to the traditional technology team within an airline. As with so many major change programs taking place in business at present, the impact of the Coronavirus pandemic was the trigger. Experience is not only the cherry on the cake.”
” There’s also a scan functionality which uses OCR (optical character recognition) technology that lets users upload (paper-based) notes, handouts or books — and a sketch feature lets them carry out further edits, if they want to add more notes and scribbles. . The Duolingo EC-1. ” .
Now almost three years later, I share one of my blow-up meeting moments in my new book, Digital Trailblazer: Essential Lessons to Jumpstart Transformation and Accelerate Your Technology Leadership. They are watching a demo of a sophisticated B2B product designed for a customer segment that many of them don’t know very well.
It can also be an essential part of the solution, not the problem, by helping grow revenues and improve profit margins with ongoing tech enablement and automation. Cutting innovation can also have adverse effects on employee satisfaction since many employees join organizations in part for their innovative culture.
Let’s check out what else there is: Ain’t but a number : It’s often wrong to think of silver tech as being just for the aging. ” After surveying 14 public B2B software companies, Townshend says firms that built for discoverability and deployed usage-based pricing had a median growth rate of 141%, compared to 21% for traditional SaaS.
The pandemic forced us to review our company and the entire industry.” Recipe for Growth, for which Sysco has earned a 2023 CIO 100 Award for innovation and IT leadership, is based on applying B2C principles to Sysco’s B2B business, and calls for the company to grow 1.5 Surviving the pandemic wasn’t enough,” Peck adds.
Here comes a tech startup accelerator. It’s a program or even an entire organization that helps startups ideate, validate, establish, boost, or even pivot their product and lead it on an entrepreneurship journey. In the context of launching and maintaining tech startups, Atlanta is one of the most favorable and nurturing cities.
Ingrid reports Houston said the cuts are due to slowing growth and “the era of AI.” The concept of SaaS as a business model changed the game in tech by moving users away from buying software outright and toward paying for service availability based on time-based subscriptions, typically with per-month or annual pricing, Ingrid reports.
million fundraise and its launch of a B2B fashion e-commerce platform. 3 ways deep tech founders can climb out of pilot purgatory. Because so many deep tech startups operate on the bleeding edge, founders in this space have a harder time raising funds, acquiring customers and reaching product-market fit. . Big Tech Inc.
The most performant CRM system today, Salesforce is a core technology for digital business, and its associated applications and ecosystem help make it in a leading platform for those seeking a lucrative IT career. Salesforce skills are among the most sought-after in the IT industry and demand is soaring.
Publicly traded Lemonade has laid off about 60 employees of Metromile, the auto insurtech company it recently acquired — adding to the volatility the technology sector has seen over the past 18 months. For some context on how the program came about in the first place, check out this article I wrote earlier this year.
Before fintechs became the standouts of the African tech ecosystem, it was startups in the online logistics and transport space in Africa linking on-demand apps to move people and goods around the continent that was all the rave. For the online logistics space, it’s not difficult to see why investors were quite curious about the market.
While Amsterdam garners the lion’s share of attention in the Netherlands tech ecosystem, the not-so-far-away region around Utrecht has its fair share of tech startups and investors, as is evidenced by our latest survey of locals, below. What industry sectors is your tech ecosystem strong in? Utrecht is a bit lagging.”
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