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For its insect breeding technology, Entocycle receives $5 million.

The larvae of these flies, in particular, can be an important source of protein for livestock and fish. As a result, Entocycle is raising an additiona

The larvae of these flies, in particular, can be an important source of protein for livestock and fish. As a result, Entocycle is raising an additional $5 million in a Series A funding round led by Climentum Capital, a European climatefocused venture capital firm. This new French venture capital firm is collaborating with current and former athletes to invest in technology companies. Its a hardware module that can be used in insect farms to monitor and collect data on black soldier flies health and productivity. Similarly, Entocycle has created a fly cage with integrated climate control. Read More..

B2B Tech News | 2 years ago          

UniSuper selects Oracle to enhance internal operations and HR operations.

UniSuper has chosen Oracle Fusion Cloud Human Capital Management HCM to improve operational efficiency and upgrade its HR function for the benefit of

UniSuper has chosen Oracle Fusion Cloud Human Capital Management HCM to improve operational efficiency and upgrade its HR function for the benefit of employees and members. UniSuper has been confronted with the challenges of a growing skills and workforce shortage, as well as increased competition for talent in the superannuation industry. Oracle Cloud HCM has been selected by UniSuper as its Human Capital Management HCM solution. According to the company, the monthly reporting time has been reduced from two weeks to 24 hours. It has also helped the company better understand employee needs, which has improved employee retention and capacity to focus on core business. Read More..

B2B Tech News | 2 years ago          

Concerning change is about to occur in South Africa.

According to PwC, the pandemic job rebound period has ended, and overall economic growth has slowed, reducing the likelihood of the job market expandi

According to PwC, the pandemic job rebound period has ended, and overall economic growth has slowed, reducing the likelihood of the job market expanding. Despite the addition of 200,000 jobs, the economy is not growing quickly enough to keep up with the growing population and workforce. The narrowly defined official unemployment rate in South Africa fell to 32.9% in the third quarter of 2022, the third consecutive quarterly decline from a record high of 35.3% in the fourth quarter of 2021. According to PwCs baseline scenario, unemployment in South Africa will rise gradually in the coming years. Read More..

B2B Tech News | 2 years ago          

A Chinese insurance technology company lists on Nasdaq.A Chinese insurance technology company lists on Nasdaq.

Cheche Technology, a provider of auto insurance, merged with Prime Impact Acquisition I, a provider of targeted acquisitions, to become listed on the

Cheche Technology, a provider of auto insurance, merged with Prime Impact Acquisition I, a provider of targeted acquisitions, to become listed on the Nasdaq. Cheche, a property and casualty insurance company with over 4,000 vehicle brands and over 100 insurance providers, was founded by Lei Zhang in China in 2014. According to the business, its platform helped issue insurance policies worth about US$1.6 billion in 2021 and US$2.2 billion in 2022. Cheche Technology projects that its unaudited yearly revenue for the previous year will be close to US$360 million. The overwhelming ownership of the joint company will be held by the shareholders of the Chinabased corporation. Read More..

B2B Tech News | 2 years ago          

Amplifica Capital wants to be the fund that Latin American women in the tech sector reach out to first..

Anna Raptis is the founder and CEO of Amplifica Capital, a venture capital firm based in Mexico. She began by investing as an angel and in a few funds

Anna Raptis is the founder and CEO of Amplifica Capital, a venture capital firm based in Mexico. She began by investing as an angel and in a few funds to learn more about the industry. Her focus is on gender lens investing, a concept based on the idea that investing in diversity can result in higher returns. Nearly 100 investors have contributed to the fund, including Grupo Herdez, Grupo Fondo de Fondos, and Sun Mountain Capital. It has so far invested in ten companies, including intercity mobility startup Kolors and agricultural financing startup Verqor. Read More..

B2B Tech News | 2 years ago          

TikTok was left out of Europes campaign against Big Tech, but that is about to change.

TikTok, unlike its larger American competitors, has not faced the kinds of mega fines or legal penalties that Google, Facebookowner Meta, or Amazon ha

TikTok, unlike its larger American competitors, has not faced the kinds of mega fines or legal penalties that Google, Facebookowner Meta, or Amazon have faced in the EU over the years. TikTok has avoided regulatory scrutiny in part because it has remained out of the crosshairs of commercial interests in Europe. That doesnt mean European political leaders and legislators arent concerned. Moritz Korner, a German lawmaker, stated that the app poses several unacceptable risks for European users. The European Commissions tone on TikTok has begun to change at the executive level. Read More..

B2B Tech News | 2 years ago          

What does this mean for ChatGPTs free users? A paid version is being tested.

The business has proposed ChatGPT Professional, a membership service that would provide improved access for a fee. With modern technology, companies f

The business has proposed ChatGPT Professional, a membership service that would provide improved access for a fee. With modern technology, companies frequently release free or inexpensive versions before moving toward paid versions. With Microsofts funding in OpenAI, the business may be able to provide tierbased choices. The business might also take into account pricing based on the kind and volume of material users want ChatGPT to create, as well as how much they are willing to pay for it. Investor If someone tells you what the business models are behind this stuff, they are making it up. Read More..

B2B Tech News | 2 years ago          

To provide financial stability for Mexicans, Zenfi raises additional funding.

Consumer finance in Mexico, according to Zenfi CEO Luis Rubén Chávez, is broken. According to him, two out of every three Mexicans have subprime cre

Consumer finance in Mexico, according to Zenfi CEO Luis Rubén Chávez, is broken. According to him, two out of every three Mexicans have subprime credit scores and no resources to raise them. With an average APR of 19%, Zenfi claims to have the lowest interest rate in Mexico. More than 3 million people are using Zenfi, which was created by the business seven years ago. It has dispersed over $100 million in loans, a default rate of 3.4%, and yearly recurring revenue of $10 million. Chávez plans to use the additional capital to launch a number of features, including as debit and credit goods. Read More..

B2B Tech News | 2 years ago          



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