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LexxPluss introduces warehouse robots to the United States.

Masaya Aso is a cofounder of LexxPluss, a twoyearold startup that designs and develops autonomous mobile robots for transporting loads and optimising

Masaya Aso is a cofounder of LexxPluss, a twoyearold startup that designs and develops autonomous mobile robots for transporting loads and optimising workflows in warehouses and logistics sites. The company is getting ready to enter the US market, which is expected to grow to $3.2 billion by 2028, accounting for 40% of the global market. The Series A funding will aid in product development, increase the payload to 500kg, and add a 3D visualisation of operations for remote control and monitoring. LexxPluss is a startup that has developed autonomous mobile robots with greater payload capacity and more open mechanical design intellectual property IP and application programming interfaces APIs. It has seven clients and 32 partners, and it has launched an open industrial robotics programme to accelerate collaboration with industrial robotics. Read More..

B2B Tech News | 6 months ago          

A court in California rules that Uber and Lyft drivers are contractors.

A state law allowing Uber, Lyft, and other appbased ondemand services to treat drivers as independent contractors as opposed to employees was upheld b

A state law allowing Uber, Lyft, and other appbased ondemand services to treat drivers as independent contractors as opposed to employees was upheld by the California Court of Appeal on Monday. A California law requiring them to reclassify their drivers and offer employee benefits was overturned by Proposition 22, which was supported by ridesharing companies and food delivery app platforms. Prop 22 does provide some protections, such as pay above the minimum wage and enhanced health insurance, but it also classifies drivers as independent contractors, depriving them of some standard employee benefits. Labor organizations opposed the initiative on the grounds that it would diminish worker rights and benefits. Read More..

B2B Tech News | 6 months ago          

Kin + Carta establishes hubs in Bristol and Edinburgh.

Kin + Carta now has five offices in the UK after establishing new teams in Edinburgh and Bristol. The action is a result of the advisory firms ongoing

Kin + Carta now has five offices in the UK after establishing new teams in Edinburgh and Bristol. The action is a result of the advisory firms ongoing support for UK talent. Edinburgh is a crucial market for Kin + Carta because it is regarded as one of Europes data capitals. The new location will serve as a crucial point of access between the companys presences on either side of the Atlantic thanks to direct flight paths to Chicago. The company is currently active on the majority of consulting frameworks for the UK and Scottish governments, and recent successes in the industry show that its reputation is expanding. In order to take advantage of the abundant local talent, Kin + Carta has established a new team in Bristol. Read More..

B2B Tech News | 6 months ago          

Europe is added to CIM Groups real estate credit business.

CIM Group has expanded its Real Estate Debt Solutions platform to Europe, with loan sizes ranging from £75 million to £200 million for whole loans a

CIM Group has expanded its Real Estate Debt Solutions platform to Europe, with loan sizes ranging from £75 million to £200 million for whole loans and from £20 million to £50 million for core mezzanine loans. In the future, the European credit strategy plans to expand to include groundup development financings. CIM Group opened an office in London in 2021 and is currently expanding its local credit team. CIM Group has acquired Cathedral Square, a threebuilding office campus in Guildford, UK, to enter the Western European real estate market. The companys investment team in London is looking for welllocated office, residential, retail, and logistics properties in metropolitan markets with strong demographics, public transportation, and knowledgebased anchors. Read More..

B2B Tech News | 6 months ago          

Foundry, Naspers $100 million fund for South African startups, is no more.

The R1.4 billion $100 million South Africafocused venture capital firm Naspers Foundry has ceased operations. Naspers is the most valuable IT business

The R1.4 billion $100 million South Africafocused venture capital firm Naspers Foundry has ceased operations. Naspers is the most valuable IT business in Africa by market value. Naspers will no longer have a specific staff devoted to working with South African companies as it is aligning its efforts with the strategy it uses worldwide through Prosus Ventures. Naspers has reassessed its earlystage investment strategy in South Africa to bring it in line with its international approach because the global investment landscape has changed. In line with its other global markets, Naspers will continue to assist the growth of South Africas earlystage tech industry by evaluating the market and potential new prospects. Read More..

B2B Tech News | 6 months ago          

CGTN Increased independence and technological prowess are essential for highquality development.

During Chinas Two Sessions, which outlined the growth priorities for the secondlargest economy in the world for 2023, one of the keywords was highqual

During Chinas Two Sessions, which outlined the growth priorities for the secondlargest economy in the world for 2023, one of the keywords was highquality development, which includes innovative, coordinated, green, open, and development for everyone. President Xi Jinping emphasised the significance of fostering green and lowcarbon economic and social development, promoting industrial transformation and upgrading, advancing coordinated urbanrural and regional development, and achieving greater selfreliance and strength in science and technology. Li Qiang, the premier of China, vowed to concentrate his efforts on fostering highquality development. Along with progress in other areas, China has made strides in recent years in improving research and development spending, increasing the production of clean energy, and fostering growth poles with regional development programmes. Xi stressed the significance of innovation in economic development in 2014. Read More..

B2B Tech News | 6 months ago          

Orca Tech asks IT channel to sponsor its car at the 2023 Variety Car Bash to help regional Australia.

By sponsoring their automobile in the Variety Car Bash 2023, Orca Tech is asking the IT channel to help it earn $50,000 for indigenous and underprivil

By sponsoring their automobile in the Variety Car Bash 2023, Orca Tech is asking the IT channel to help it earn $50,000 for indigenous and underprivileged children in isolated places. The The Irwins team car, which participates in the renowned charity drive through rural NSW and the ACT from May 21 to May 27, 2023, is owned by the distributor with an emphasis on cyber security. This years event will be led by Orca Tech General Manager Craig Ashwood and his lifelong friend Tim Hutchinson. All donations are tax deductible and will all go directly to helping kids through Variety activities. Orca Tech and related sponsors and supporters raised $12,000 the previous year. Read More..

B2B Tech News | 6 months ago          

New fund from MENA VC Flat6Labs to support East and West African startups

The $95 million Africa Seed Fund is the first initiative beyond the MENA region for Egyptbased Flat6Labs, a seedstage accelerator. With twothirds of i

The $95 million Africa Seed Fund is the first initiative beyond the MENA region for Egyptbased Flat6Labs, a seedstage accelerator. With twothirds of its allocations still going to businesses in North Africa, the growth will be modest. Kenya and its surrounding markets in East Africa would be added to the fund, as well as the francophone and anglophone regions of West Africa, which include Nigeria, Senegal, Côte dIvoire, Ghana, and Cameroon. It is only now that Flat6Labs is managing a fund for entrepreneurs in many countries, while having previously managed countryspecific funds, such as a $10 million Anava Seed Fund for Tunisian startups. Read More..

B2B Tech News | 6 months 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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