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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. )
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.” Much of this growth is driven by investments in AI technologies, and IDC also expects cloud infrastructure spend to increase 26% compared to 2023.
One of the earliest in the space, Nigerian B2B e-commerce platform TradeDepot , raised a combined $110 million in debt and equity. Akinin said the next stage of JABU’s wallet system would see merchants offering other services to consumers on top of their digitized cash.
The startup’s cloud-based system automates end-to-end billing and payment processes for service providers, a process that also eliminates the issue of late payments. The B2B payments space is highly fragmented due to each vertical requiring some level of specialization,” said Avi Eyal, co-founder and managing partner of Entrée Capital.
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.
“We‘re the only all-in-one system adopted by legal teams” — competition slide. For startups, this shows up in duediligence from time to time; you both need to have contracts with all your customers and suppliers and be able to locate and show the signed versions of them in the duediligence process if prompted.
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.
Smart legacy insurance companies are looking for insurtechs that have great technology, but not enough customers or premium volume to get the most value out of the technology. The legacy insurance companies will look to leverage technology that they wished they had created, across premiums that they already know how to sell.
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.
As reported by Life Insurance International: “Level has created a tech-driven underwriting process for early-stage fintech startups that is claimed to have brought new efficiency and speed to the debt-raising process. He told me: “The question I have is who will capitalize on this bear market to scoop up valuable technology or talent.
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.
In a short span of 28 years, IndiaMART has emerged as Indias chosen B2B marketplace and has increased ease of business while simultaneously creating a connected marketplace for all buyers and suppliers across the country. With business steadily humongous, and data demands massive, technology needs to rise to the challenge.
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. “But
Today’s news is from Alerzo , a little-known B2B e-commerce retail startup based in Ibadan, Nigeria. These retailers are beholden to an inefficient distribution system that results in inconsistent inventory availability, opaque pricing and limited access to formal financial and banking services. The company is announcing a $10.5
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.
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. Tech investors must make sure that Israel is part of their portfolio.
As more and more companies expand or shift their manufacturing to India — in part due to import duties imposed by India and geo-political tension with China, the global hub for manufacturing — this opportunity has only grown bigger in recent years. Zetwerk — which grew 3X last year and reported revenue of $43.9
In the startup’s view, a new generation of creative-focused tooling will bring the market to an era in which content management systems, or CMSs — say, Substack or WordPress — will not own the center of tooling. That’s Pico’s bet, and so it’s building what it considers to be an operating system for the creator market.
Investors in Preply include Point Nine Capital, Hoxton Ventures, EduCapital, All Iron, Diligent Capital and Evli Growth Partners. CEO Kirill Bigai says it’s been able to differentiate itself from others because of its technology, which uses artificial intelligence to connect students with tutors. Fluent Forever raised $4.9
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. “It’s a pretty complicated system to build, which it doesn’t look like from the outside.”
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. While not nearly as bad as marketing tech, we are seeing a huge inflation in the number of cybersecurity and fintech companies as well.
But I’m not working on German car technology, as one would expect. I’m working at the technology spin-off of a luxury retailer, applying my expertise to product images. That rich experience provides an opportunity to work with billions of products and trillions of dollars in revenue that imaging technology can be applied to.
The company is focused on creating a vertically integrated supply chain with a B2B marketplace and a social commerce feature for group buying by consumers. It improves on traditional cold-chain logistics by “being tech-driven and striving for higher utilization, heavier delivery density and best practices,” he added.
In fact, while the technology has been in development for a number of decades, its application has only recently become a reality for the majority of enterprises. Here, CPUs, or central processing units, have long been the go-to for enterprises, yet this technology has been on the market for about 40 years. Illustration: Dom Guzman
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?
Its product suite includes an HR management system, performance and competency management, HR analytics, leave management, payroll management and recruitment management. It was four years after several iterations of Insidify, an aggregator site for job seekers and a review site for companies that they started SeamlessHR in 2018. “In
Financial technology companies raising multiple rounds in a short period of time has become more the norm than an exception as of late. We ended up with five term sheets, which was a validation during a time when we’re seeing more duediligence than we had previously and a more challenging fundraising environment,” Thazhmon told TechCrunch.
They typically don’t have the benefit of the specialized software and tech to help make everything run smoother, but that’s where Vori saw an opportunity. Now, I’d need to perform duediligence on that. ( ” Below is a five-minute video that tells the story beautifully. Three things to love.
While London, Paris, Berlin and Stockholm feature regularly in tech coverage, the rest of Europe has been busy. Among the trends they identified are startups in B2B, business automation processes, e-commerce, AI, SaaS and COVID-19-related solutions, as well as “smart” everything: factories, cities, offices, etc.
BluePallet’s goal is to apply its “market network model” to modernize trade and transactions for a massive industry that has historically lagged when it comes to technology. (I We’re really challenging and pushing the realms of what can be done in these B2B transactions,” he told TechCrunch. .
As a B2B organization, PEXA may not be very well known by the public, working with banking, conveyancers, and government, but it’s been quietly professionalizing property transaction markets in Australia for about 14 years. So in the end, 99% of what we’re doing are technology initiatives. We’re very value-driven,” she says. “We
B2B retail and e-commerce platforms have primarily tried to fix these inefficient supply chains over the last couple of years and have received substantial investor backing since the pandemic. But while the company was due for a rebrand, Yu said it was still figuring out operations in this new integrated model.
Mass transit has made a rebound with the return of city life post-Covid 19, and today a startup that’s building tech to help it run more smoothly is announcing a big round of funding to meet the rush. billion, which the Israeli startup says makes it the first “unicorn” in the public transportation tech space.
But first, here are some of the reviews we’re already getting from the new survey. They aren’t going to just tell you what to do, they’re going to understand what your business problems are and figure out how to best solve it with technology. What new technologies can we adapt? More details in the link below.
With App Studio, technical professionals such as IT project managers, data engineers, enterprise architects, and solution architects can quickly develop applications tailored to their organizations needswithout requiring deep software development skills. Application security and control are maintained through a robust permissions system.
But Croatia’s entrepreneurs haven’t been quiet: Startups like Infobip and Rimac are significant local hero businesses now, and the region can boast of high-quality talent in the tech, automotive, manufacturing, and agtech spaces. What are the tech investors like? Where do you see your city’s tech scene in five years?
Eratani is an end-to-end management system that helps them get financing and supplies, and then helps them sell crops once they are ready. Finally, Agri Output is a market price system for use during the crop distribution process. The startup announced today it has raised an oversubscribed $3.8
TaniHub is its B2B e-commerce platform, which connects farmers directly to customers. Co-founder and chief executive officer Eka Pamitra told TechCrunch its credit scoring system is based on three years of performance, the company’s agriculture value chain expertise and partnerships with financial institutions.
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.
The last couple of years transformed how the world works and the tech industry is no exception. Remote work, candidate-driven market, automation are some of the tech recruiting trends that were born out of the pandemic. 6 tech recruiting trends for 2022. Recruiters, we’ve got you covered. Data-driven recruiting.
Agboola says his company grew more than 100% in revenue within the past year due to the pandemic without giving specifics on numbers. There are so many trailblazing innovations that we don’t talk about a lot about Nigeria, like the BVN and the NIP system. Rising African venture investment powers fintech, clean tech bets in 2020.
Image Credits: Daily.dev While this voting system is certainly reminiscent of something like Reddit or Stack Overflow, Daily.dev is notable in that there is no downvote button — a move partially designed to avoid the kind of toxicity and negativity that has plagued other similar online communities.
Founded in September 2020 as a pivot from a consumer travel app to a B2B company, New York-based Selfbook describes itself as the “Shopify for travel,” and says it operates at the intersection of hospitality and fintech. But our proprietary technology already takes care of that.”
Co-founder and CEO Abhijeet Vijayvergiya told TechCrunch that Nektar.ai’s capabilities are especially relevant now with the tech downturn, where layoffs , cost cuts and budget freezes mean that companies are laser-focused on productivity. He added that poor user adoption of CRMs happens for two main reasons.
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