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Forkast News and CryptoSlam announce their merger with support from Animoca.

from Hong Kong Forkast Labs, a platform for Web3 asset assessment, was created through the merger of Forkast News and CryptoSlam, a blockchain data an

from Hong Kong Forkast Labs, a platform for Web3 asset assessment, was created through the merger of Forkast News and CryptoSlam, a blockchain data analytics company with US headquarters. Value in the current market is largely correlated with crypto prices, which makes it erratic, sentimentdriven, and unreliable. To quantify these assets and guarantee proper investor appraisal, Forkast Labs will roll out its flagship data indices, APIs, and business intelligence tools. There is a lot of speculation because the entire business has been evaluated against erratic price changes. Because of this, confidence in cryptocurrencies has decreased, but with this combination, we have the capacity to reverse that trend, said Angie Lau, a former Bloomberg anchor and creator of Forkast News. Read More..

B2B Tech News | 2 years ago        

Orfium purchases Londons Soundmouse.

Los Angelesbased Orfium, which is already providing partners with hundreds of millions in extra revenue, expands its offering by purchasing Soundmouse

Los Angelesbased Orfium, which is already providing partners with hundreds of millions in extra revenue, expands its offering by purchasing Soundmouse. Orfium has purchased Soundmouse, a Londonbased company that reports on music cue sheets and provides audio identification services. Orfium claims that the acquisition would address the entertainment industrys most complicated challenges and revolutionise digital music and broadcast rights management even though the deals financial details are yet unknown. I can speak from personal experience when it comes to rights management, the related profits that go along with it, and the concomitant nightmare that the accurate capture and processing of it can be. I previously worked for ASCAP, the American Society of Composers, Authors, and Publishers. Read More..

B2B Tech News | 2 years ago        

Urban miner and packaging pioneer Close the Loop is acquired for $5.8 million in the US.

Over the past year, Close the Loop Group ASX CLG has been on a tear, with revenue rising 162% to $170 million in FY22. With the $4 million acquisition

Over the past year, Close the Loop Group ASX CLG has been on a tear, with revenue rising 162% to $170 million in FY22. With the $4 million acquisition of the US company InPlas Recycling, the Melbournebased endtoend recycling solutions and product development group continues its acquisition spree. In order to strengthen its position in the supply chain from collection to recycling to design to manufacture, the firm has been progressively expanding its network of businesses. InPlas Recycling was acquired by Closed the Loop Group for $4 million in cash and debt. The company is situated in the US and works with a range of thermoplastics. It has operations in the automotive, manufacturing, and pharmaceutical industries. Read More..

B2B Tech News | 2 years ago        

Kenyan fintech Kwara signs agreement to reach over 4,000 credit unions and raises $3 million in seed funding.

Kenyan fintech company Kwara says it has ties to a pool of over 4,000 saccos for its bankingasaservice offering after signing an exclusive digital sol

Kenyan fintech company Kwara says it has ties to a pool of over 4,000 saccos for its bankingasaservice offering after signing an exclusive digital solutions distribution arrangement with the Kenya Union of Savings & Credit Cooperatives Kuscco. As part of the exclusivity agreement, Kwara also plans to pay an unknown sum to acquire the software business IRNET, a subsidiary of Kuscco. Existing investors DOB Equity, Globivest, and Kobalt Music founder Willard Ahdritz are among the latest funders of Kwara. According to the business, it increased customer retention to 100% and increased its clientele base from 50 at the end of 2021 to 120 today. Read More..

B2B Tech News | 2 years ago        

Spending on food delivery in the SEA will reach $16 point 3 billion in 2022, according to a report.

In 2022, Southeast Asia spent $16.3 billion on meal delivery, an increase of 5%, according to a report by Momentum Works. For the first time in three

In 2022, Southeast Asia spent $16.3 billion on meal delivery, an increase of 5%, according to a report by Momentum Works. For the first time in three years, the Philippines, Malaysia, and Vietnam—three smaller food delivery markets—were mostly responsible for this development. Meanwhile, the gross merchandise value GMV in Thailand, Singapore, and Indonesia fell over the previous year. Grab led the incumbents in Southeast Asias food delivery GMV in 2022, accounting for 54% of that regions total, or US$8.8 billion, a 16% increase from 2021. Gojek and Shopee maintained their levels at US$2 billion and US$0.9 billion, respectively, while Foodpanda contributed 19% of the total. The reports overall conclusion is that businesses are beginning to put profitability first. Read More..

B2B Tech News | 2 years ago        

Increased CEE accelerator drive by Ventures Thrive.

Startups in the field of climate technology can now submit an application to the Ventures Thrive accelerator programs inaugural round, which primarily

Startups in the field of climate technology can now submit an application to the Ventures Thrive accelerator programs inaugural round, which primarily targets CEE startup ecosystems but also has some openings for western applicants. The first cohort of the CEEfocused deep tech accelerator Ventures Thrive is now accepting applications. According to a November Tech.eu report, the accelerators initial group will concentrate on climate technology and receive investment from Ventures Thrives €1.5 million equityfree funding pool. In fact, it is believed that CEE markets like Poland are underleveraged in the area of climate change. Along with about 13 CEE markets, the full list of eligible nations now includes Portugal, Malta, Greece, and Cyprus. Read More..

B2B Tech News | 2 years ago        

Though a setback, the $30 billion Sun Cable crash doesnt mean that export aspirations for renewable energy are doomed.

The largest export project for renewable energy is thought to be Sun Cable. The plan calls for the construction of a sizable 12,000 hectare solar farm

The largest export project for renewable energy is thought to be Sun Cable. The plan calls for the construction of a sizable 12,000 hectare solar farm in the Northern Territory, the addition of a sizable 40 gigawatt hour battery for power storage, and the construction of an undersea cable that would link Australia and Singapore via Darwin. The two wealthiest men in Australia, Mike CannonBrookes and Andrew Forrest, have thrown their enthusiastic support behind the idea. Its clear that Sun Cable is an extremely ambitious undertaking. However, there isnt nearly enough publicly available data to make a confident assessment of its commercial and technical potential. Read More..

B2B Tech News | 2 years ago        

This week, more than €1.7 billion was invested in European tech, including €215 million that Enpal secured and £562 million that Instadeep acquired.

We monitored over 100 tech fundraising transactions totaling over €1.7 billion this week, as well as over 30 exits, M&A deals, rumours, and associat

We monitored over 100 tech fundraising transactions totaling over €1.7 billion this week, as well as over 30 exits, M&A deals, rumours, and associated news pieces across Europe. We monitored over 100 tech fundraising transactions totaling over €1.7 billion this week, as well as over 30 exits, M&A deals, rumours, and associated news pieces across Europe. You belong to the select group with special access to our findings as a paid subscriber. Youd struggle to keep up with it all, even though we frequently post this information in realtime on Twitter and Instagram the much more fun choice. Trust us we are knowledgeable. We take up the task each and every week so you dont have to. Read More..

B2B Tech News | 2 years ago        



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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