Header-template

TECH NEWS

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 | 2 years 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 | 2 years 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 | 2 years 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 | 2 years 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 | 2 years 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 | 2 years ago          

With a new €50 million fund, Rethink rethinks logistics and mobility.

A €50 million specialised fund with a focus on mobility, automotive, and logistics has been announced by Rethink Ventures. LPs include the European

A €50 million specialised fund with a focus on mobility, automotive, and logistics has been announced by Rethink Ventures. LPs include the European Investment Fund, a few family offices, ZF Ventures, Hellmann Worldwide Logistics, KION Group, Berylls, and HAVI. Nextgeneration vehicle technologies—software defined, autonomously operated, new powertrains—mobility—providing comfortable, safe, and affordable mobility for everyone—logistics—digital, automated, and sustainable operations—and energy—are the funds primary investment themes infrastructure to power a clean, emissionfree future of transportation. It has so far invested in three companies Rydes, a SaaS solution for businesses to promote sustainable employee mobility, Shipzero, a datadriven platform to measure and reduce CO2 emissions in international freight transportation, and Deftpower, an automotive charging platform. Read More..

B2B Tech News | 2 years ago          

WeRide, a robotaxi startup in China, has secretly filed for IPO.

According to Bloomberg on Monday, WeRide.ai, one of the most wellfunded Chinese robotaxi businesses, has applied in secret to go public in the United

According to Bloomberg on Monday, WeRide.ai, one of the most wellfunded Chinese robotaxi businesses, has applied in secret to go public in the United States. The company wants to raise up to $500 million, but geopolitical unrest and regulatory scrutiny made it difficult for it and other Chinese internet companies seeking U.S. IPOs to succeed. When WeRide raised its Series C round almost two years ago, its valuation soared to $3.3 billion a year later, its adversary Pony.ai reached an even higher valuation of $8.5 billion. Yet few investors are eager to write the sizable cheques needed to fund their latestage expansion, and WeRide observed how its rival Ponys IPO efforts failed. Former JPMorgan executive Lawrence Steyn joined Pony as its chief financial officer. Read More..

B2B Tech News | 2 years ago          



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts


1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   8189   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   6773   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   7122   

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.
   7217   

5.  Approximately 8 billion gadgets connect on the internet every day.
   8343   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!


Where do you go to learn more about whats happening in your industry? Check all that apply.