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Venture capital giant NEA appointed first European partner

Philip Chopin joins NEA from 83North, where he worked on investments in companies such as SellerX and HungryPanda. Chopin is the latest in a string of

Philip Chopin joins NEA from 83North, where he worked on investments in companies such as SellerX and HungryPanda. Chopin is the latest in a string of prominent US VC firms to push deeper into Europe. NEA has invested in more than 36 companies in Europe, with a focus on the UK, Germany, France and Switzerland. As part of the companys regional expansion, there are plans to expand the team. However, growth financing gaps remain a barrier to European growth, according to a separate report by venture capital firm Lakestar. Read More..

B2B Tech News | 2 years ago        

Google launches accelerators for circular economy startups in Asia Pacific and North America

On October 4, Google launched the first Google for Startups Accelerator a circular economy for startups and nonprofits in the Asia Pacific and North A

On October 4, Google launched the first Google for Startups Accelerator a circular economy for startups and nonprofits in the Asia Pacific and North America as environmental, social, and governance ESG issues and climate change become global problems. Google plans to include 10 to 15 startups and nonprofit organizations in its first group, with the application process beginning and running through November 14. The tech giant focuses on startups that can add value through their expertise in areas such as machine learning, artificial intelligence, and geospatial technologies. The threemonth program is virtual and offers mentoring and technical support through 11 and 11 training sessions with Google engineers and external experts. Startups need to create solutions related to green energy, waste recycling, and climate change. Read More..

B2B Tech News | 2 years ago        

Green and sustainable technology market is worth $36.6 billion by 2025

Technology that is sustainable and green. The market size will increase at a compound annual growth rate CAGR of 26.6% from USD 11.2 billion in 2020 t

Technology that is sustainable and green. The market size will increase at a compound annual growth rate CAGR of 26.6% from USD 11.2 billion in 2020 to USD 36.6 billion by 2025. Huge opportunities will arise from the modernization of the IT and telecom infrastructure for low carbon emissions. Carbon footprint management, green building, water purification, fire detection, soil condition, and moisture monitoring, crop monitoring, forest monitoring, and weather monitoring and forecasting are the applications that make up the green technology and sustainability market. During the forecast period, the green building segment is anticipated to represent the largest market. Read More..

B2B Tech News | 2 years ago        

The market size of ecommerce will grow to 10.57 billion US dollars, and North America contributes the most to the market growth

From 2020 to 2025, the market for ecommerce technology is anticipated to grow by 10.57 billion USD. According to Technavio, the markets growth momentu

From 2020 to 2025, the market for ecommerce technology is anticipated to grow by 10.57 billion USD. According to Technavio, the markets growth momentum will pick up at a CAGR of 19.07%. Over the course of the forecast period, the B2C segment will have the biggest impact on market expansion. Various payment methods, including Internet banking, credit and debit cards, cashondelivery COD, and electronic wallets, are available when shopping online. Before buying a product, consumers can read user reviews written by other consumers. During the anticipated period, this will propel the growth of the global ecommerce technology market. Read More..

B2B Tech News | 2 years ago        

Meesho of India receives $192m from the parent company.

Meesho, a Metabacked Indian ecommerce platform, has received US$192 million from its USbased parent company, Meesho Inc., according to Entrackr. T

Meesho, a Metabacked Indian ecommerce platform, has received US$192 million from its USbased parent company, Meesho Inc., according to Entrackr. The business, however, claimed that it does not regard this as a fundraising activity in a statement to Tech in Asia. The Entrackr report also mentioned that this was caused by a routine procedure that was a component of the organizations overall treasury strategy. The Meesho board approved a special resolution to generate US$192 million by issuing over 6.5 million equity shares to Meesho Inc. at an issue price of 2,408 rupees $29.4 per share. Read More..

B2B Tech News | 2 years ago        

Minteo NFT Marketplace raised $4.3M seed round

Latin American NFT marketplace Minteo has raised $4.3 million in seed capital to expand in the region. Led by CEO Santiago Rodríguez and CTO Javier L

Latin American NFT marketplace Minteo has raised $4.3 million in seed capital to expand in the region. Led by CEO Santiago Rodríguez and CTO Javier Lozano, Minteo is an NFT marketplace that allows Latin American artists, creators, collectors, gamers, brands, and other community members to buy digital art, collectibles, figures, and other digital assets from around the world. market. It offers a mobile app that makes it easy to buy, sell, and sell digital assets with builtin selfmanaged wallets, local payment methods, and the ability to pay with local content marketplaces. Astana will be used to create a platform for artists from Colombia and Mexico and eventually expand to other Latin American countries. Read More..

B2B Tech News | 2 years ago        

Prosus completes acquisition of BillDesk in India for $4.7 billion

Prosus has withdrawn its $4.7 billion acquisition of BillDesk, announced last year. The allcash acquisition, announced during the market last year, wi

Prosus has withdrawn its $4.7 billion acquisition of BillDesk, announced last year. The allcash acquisition, announced during the market last year, will be the second largest M&A transaction in the consumer internet segment in South Asia. As the market changed in the last quarter, many promising deals were made around the world. The move came as a surprise to BillDesks founders and investors, according to three sources familiar with the matter. It is unclear whether Prosus and BillDesk have agreed to a cancellation fee. BillDesk is backed by Visa, Temasek, General Atlantic, and several Indian banks. Read More..

B2B Tech News | 2 years ago        

After having its assets frozen in India, Chinas Xiaomi promises to preserve its economic interests

On Sunday, October 2, Chinese smartphone maker Xiaomi Corp said it was disappointed with an Indian court judgement that frozen US$682 million in its a

On Sunday, October 2, Chinese smartphone maker Xiaomi Corp said it was disappointed with an Indian court judgement that frozen US$682 million in its assets and will keep defending its rights. An Indian appellate authority confirmed on Friday that the Enforcement Directorate, Indias federal financial crime fighting agency, had the right to seize 55.51 billion rupees in April after an investigation revealed Xiaomi had sent illegal payments to foreign organizations while misrepresenting them as royalties. According to Xiaomi, Qualcomm Group received a royalty payment of more than 84% of the 55.51 billion Indian rupees that the Enforcement Directorate seized earlier this year. 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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