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In Johannesburg, South Africa, Mahindra was named the brand with the fastest growth.

Mahindra, an Indian automaker, has been awarded the fastestgrowing brand in South Africa for 2022. According to a report by the National Association o

Mahindra, an Indian automaker, has been awarded the fastestgrowing brand in South Africa for 2022. According to a report by the National Association of Automobile Manufacturers of South Africa, the companys local subsidiary achieved multiple records in the previous year NAAMSA. During that time, Mahindra experienced compound yearly growth of 23.6%. The XUV300 was the fastestgrowing compact SUV in its market sector, having been named the safest car in Africa by the Global New Car Assessment Programme GNCAP. Read More..

B2B Tech News | 2 years ago          

Helbiz increases fleet size without increasing costs and is getting close to profitability.

Helbiz expanded its fleet significantly in several cities across North America, including Austin, Honolulu, and Orlando. The acquisition of Wheels, a

Helbiz expanded its fleet significantly in several cities across North America, including Austin, Honolulu, and Orlando. The acquisition of Wheels, a major player in California, adds a unique sitdown scooter service. Helbiz optimises operations by utilising proprietary fleet management technology, artificial intelligence, and environmental mapping. Helbizs fleet is growing in Austin, Honolulu, and Orlando. The company, which was founded in 2015, provides a diverse fleet of vehicles, including escooters, ebicycles, and emopeds. The expansion will not increase operational costs, which is a significant accomplishment. Read More..

B2B Tech News | 2 years ago          

The latest business venture of Penta founder Lav Odorovic, Relio, has raised €3 million.

Relio, a Zurichbased fintech startup, has raised €3 million in funding to support the launch of a digital payment account for business customers. La

Relio, a Zurichbased fintech startup, has raised €3 million in funding to support the launch of a digital payment account for business customers. Lav Odorovic, the CEO of the Swiss company, previously founded Penta, a neobank for SMEs in Germany that was acquired by Qonto. Relios first offering will be a digital payment account for business customers based on the companys AntiMoneyLaundering AML tech stack, which automates a number of compliance processes while also managing and minimising criminal activity. These checks are performed by Relios automated compliance system, which eliminates the possibility of human error. Read More..

B2B Tech News | 2 years ago          

Alii, a platform that detects invoice fraud, receives preSeries A funding of $21 million.

PreSeries A fundraising for Brisbanebased Alii totaled $2.5 million, with Maranello Capital being the rounds backer. With the investment, the company

PreSeries A fundraising for Brisbanebased Alii totaled $2.5 million, with Maranello Capital being the rounds backer. With the investment, the company will hire 18 more employees, strengthening its customer engagement and sales teams. According to Alli, in the past year, its customer base has grown by 240%. Last fiscal year, cybercrime cost Australian firms $98 million, with mediumsized enterprises being the hardest hit. With the most recent round of fundraising, the companys postfunding valuation has increased to $10.25 million. Read More..

B2B Tech News | 2 years ago          

By raising $61 million, Creative Fabrica is able to assist more artists in finding riches in niches .

a social network for designers and craftsmen established in Amsterdam In an expansion round, Creative Fabrica has raised $61 million. The platforms de

a social network for designers and craftsmen established in Amsterdam In an expansion round, Creative Fabrica has raised $61 million. The platforms designer network will be further developed, its creative generative AI toolkit will be expanded, and a worldwide talent drive will be promoted with the use of capital. Sales of Creative Fabrica occurred in 175 nations in the previous month alone. launched CF Spark, a collection of tools that create content through texttoimage using generative AI. Over 15 million photos were produced by customers using Spark in the last three months. Read More..

B2B Tech News | 2 years ago          

NZ and AU dollars pause near highs with bullish momentum.

After breaking over significant resistance around $0.6907, the Australian dollar has risen to a fivemonth high against the US dollar. After breaking t

After breaking over significant resistance around $0.6907, the Australian dollar has risen to a fivemonth high against the US dollar. After breaking through resistance at 91.82 on the Japanese yen, it also increased to a threeweek high. After reaching a onemonth high of $0.6411 earlier in the session, the kiwi dollar had stabilised. The likelihood of an Australian interest rate increase may shift in response to data on consumer prices and retail sales for November due on Wednesday. Read More..

B2B Tech News | 2 years ago          

According to rumors, Microsoft is in discussions to invest $10 billion in OpenAI, the company that owns ChatGPT.

According to Liz Hoffman and Reed Albergotti of Semafor, Microsoft is in negotiations to purchase a 49% share in OpenAI, a company that does artificia

According to Liz Hoffman and Reed Albergotti of Semafor, Microsoft is in negotiations to purchase a 49% share in OpenAI, a company that does artificial intelligence research. According to them, the investment would put a $29 billion value on OpenAI. Its unclear whether the agreement has been finished yet, but it was supposed to conclude by the end of 2022. Microsoft stated to Insider that it does not comment on rumours. Read More..

B2B Tech News | 2 years ago          

In 2022, cryptocurrency funding decreased 42% amidst a bearish market.

According to statistics from CoinGecko, cryptocurrency startups raised a total of US$21.3 billion in funding in 2022, a decrease of 42.5% from the pri

According to statistics from CoinGecko, cryptocurrency startups raised a total of US$21.3 billion in funding in 2022, a decrease of 42.5% from the prior year. According to the analysis, the funding fall was higher during the previous crypto winter in 2019. Investments totaled US$4.5 billion that year, a 72.3% decrease from 2018. At US$4.4 billion, the total raised for 2020 was also quite small. In the first quarter of 2022, the industry received capital totaling $8.7 billion by Q4 of 2022, that amount had dropped to $3 billion. The crypto market is still in shock following a horrific 2022 in which it lost more over US$2 trillion in worth. Read More..

B2B Tech News | 2 years ago          



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