Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

HEADLINES

Partech closes the largest fund with an emphasis on Africa for €245 million.

Partech, a global venture capital firm with several funds, announced the first close of Partech Africa II at €245 million $263 million, making it th

Partech, a global venture capital firm with several funds, announced the first close of Partech Africa II at €245 million $263 million, making it the largest Africafocused fund to date. This year, African startups raised more than $5 billion — or $6.5 billion if debt financing is included — compared to $1.16 billion in 2018. Partechs first African fund invested in 17 startups at the Series A and B stages in nine countries with a total population of 27 million people. Partech Africa claims that its portfolio has added value to over a million merchants and 20 million end users across the continent. According to Partech, its startups attracted more than 10% of the investment that flowed into the continent between 2021 and 2022. Read More..

B2B Tech News | 2 years ago          

Awarded Best Australian Managed Security Services Provider MSSP is NEC Australia.

In the Fortinet Partner of the Year awards, NEC Australia received the Australian Managed Security Services Provider MSSP distinction. The prizes hono

In the Fortinet Partner of the Year awards, NEC Australia received the Australian Managed Security Services Provider MSSP distinction. The prizes honour Fortinet partners who have made outstanding contributions to clients secure acceleration of their journey beyond conventional networks. Growth, investment in specialisations, certifications, greater innovation, executive participation, and success in managing client relationships with Fortinet are among the criteria used to determine the awards. According to Pankit Mehta, national portfolio manager for NEC, the two companies solid and dependable relationship continues to bring consumers cuttingedge solutions and digital acceleration. Tim Fitzgerald, the director of the Fortinet Channel, praised all of the companys collaborators for their work over the previous year. According to him, the prizes honour Australias partner ecosystems outstanding accomplishments during the course of 2022. Read More..

B2B Tech News | 2 years ago          

Chinese startups that are expanding internationally may benefit US cloud industry giants.

The postCOVID era and an unsteady economy are causing the cloud industry to chill down, but there is a silver lining in that Chinese internet companie

The postCOVID era and an unsteady economy are causing the cloud industry to chill down, but there is a silver lining in that Chinese internet companies wishing to open offices abroad are doing business with U.S. cloud titans. Chinese chuhai entrepreneurs find inspiration in TikTok, the thirdlargest social network only after Facebook and Instagram, but its difficulties in the West worry its users. After the Trump administrations attempt to force a sale of the industry leader in short videos failed, TikTok and Oracle established a cooperation in late 2020. Read More..

B2B Tech News | 2 years ago          

After the Prime Ministers intervention, Wikipedia was made accessible in Pakistan.

Pakistan has unblocked Wikipedia in the South Asian market, three days after the online encyclopaedia was censored in the country for failing to remov

Pakistan has unblocked Wikipedia in the South Asian market, three days after the online encyclopaedia was censored in the country for failing to remove sacrilegious content, according to the local regulator. Shehbaz Sharif, the Prime Minister of Pakistan, directed the unblocking order, calling the censorship on Wikipedia not a suitable measure to restrict access to some objectionable contents/sacrilegious matter on it. Last Wednesday, the Pakistani telecom regulator degraded access to Wikipedia and threatened to fully block the site in 48 hours if certain content was not removed. Wikipedia was banned in the country on Friday. The South Asian countrys decision to block the website drew widespread criticism and global media attention. Read More..

B2B Tech News | 2 years ago          

With $500 million invested, GV is preparing for additional deals in Europe with a new partner in London, Luna Dai Schmid.

In the most recent change of that dial, GV, the venture capital firm backed by Alphabet, the parent company of Google, is announcing a new partner for

In the most recent change of that dial, GV, the venture capital firm backed by Alphabet, the parent company of Google, is announcing a new partner for its London office, Luna Dai Schmid, as well as the news that it has reached a milestone in its efforts in Europe, having invested $500 million across about 40 startups in the region since starting its operations in 2014. Along with Tom Hulme, one of the founders of the London GV office, and Vidu Shanmugarajah, who secretly joined as an investment partner after first entering as its legal counsel, Dai who, from what we hear, will shortly go by Luna Schmid, will be joining as an investment partner. Dai worked from 2018 to 2020 as a vice president at SoftBank Investment Advisors. Read More..

B2B Tech News | 2 years ago          

Modular solar technology from an Australian solar developer will power a lithium mine project.

The Kathleen Valley Lithium project in Western Australia will be developed in collaboration with Zenith Energy, according to 5B, an Australian company

The Kathleen Valley Lithium project in Western Australia will be developed in collaboration with Zenith Energy, according to 5B, an Australian company that develops solar energy technologies. The largest battery metal miners will receive clean electricity from the solar project. The 5B Maverick technology, a ground mount solar system made to be safer, more affordable, and quicker to deploy for offgrid, commercial and industrial, and largescale solar power generation, will provide the projects energy. This is the biggest order that 5B has ever received for the PV portion of the projects 95 MW hybrid microgrid. Because of its Maverick technology, 5B was picked by the developer for a solar PV project. Read More..

B2B Tech News | 2 years ago          

Palm.hr raises $5M and begins MENA expansion.

Schrems claims that since going live, the HRtech business has grown significantly, doubling its annual recurring revenue ARR every six months. With th

Schrems claims that since going live, the HRtech business has grown significantly, doubling its annual recurring revenue ARR every six months. With the help of $5 million in preSeries A funding from a round led by European venture capital firm Speedinvest, which made its debut in Saudi Arabia, and RAED Ventures, with participation from MENAfocused VC firm Wamda Capital, it plans to continue growing by entering Egypt and the UAE while focusing more on Saudi Arabia. With the use of employee selfservice tools, Palm.hr automates payroll processing, keeps tabs on staff performance, and keeps track of leaves of absence. Read More..

B2B Tech News | 2 years ago          

To power webbased 3D design, Singapores PixCap raises $2.08 million.

PixCap, a newly sponsored participant, is entering the fray with a webbased, nocode 3D design tool. Singaporebased PixCap, which was established in 20

PixCap, a newly sponsored participant, is entering the fray with a webbased, nocode 3D design tool. Singaporebased PixCap, which was established in 2020, just received $2.8 million from a seed fundraising round. In the same way that Canva made 2D drawings more widely available, PixCap wants to make the switch to 3D more affordable. The site currently has over 30,000 members, with around a third of them located in North America. Other significant markets include India, Indonesia, and the United Kingdom. The primary way that PixCap differs from established players is through its webbased draganddrop interface. In comparison to more recent online solutions, like the Y Combinatorbacked Spline, it offers more editable templates and robust 3D animation capabilities, which Looi claimed is the logical progression from static 3D images. 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.
   4956   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   3462   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   3810   

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.
   3977   

5.  Approximately 8 billion gadgets connect on the internet every day.
   5001   



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.