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Arctic Sweden in the running for European satellite launches

Around 200 kilometres above the Arctic Circle, Esrange is one of the most northern space centres in the world. It was established by the European Spac

Around 200 kilometres above the Arctic Circle, Esrange is one of the most northern space centres in the world. It was established by the European Space Agency ESA in 1966 to investigate atmospheric phenomena and the Northern Lights. This remote region of northern Sweden has previously been used to launch more than 600 suborbital rockets. Esrange is looking forward to being a member of the exclusive club of European facilities as Europe prepares to launch its first satellite into space soon. Additionally, it will host tests of rockets that can land on Earth again, like Elon Musks SpaceX rockets. Read More..

B2B Tech News | 2 years ago          

Northleaf Opens Office in Tokyo and Expands Global Presence in Asia to Meet Growing Investor Interest

Tokyo is Northleafs ninth facility worldwide, expanding on the companys longstanding dedication to the AsiaPacific APAC area. Jeff Pentland, a found

Tokyo is Northleafs ninth facility worldwide, expanding on the companys longstanding dedication to the AsiaPacific APAC area. Jeff Pentland, a founding partner of Northleaf and a member of its Investment Committee, will be in charge of the Tokyo office. Pentland worked in the legal firm of Hamada & Matsumoto for more than 15 years while residing in Japan. To far, public, corporate, and multiemployer pension plans, endowments, foundations, financial institutions, and family offices have committed US$21 billion in equity, private credit, and infrastructure commitments to Northleaf Capital Partners, a worldwide private markets investment company. The 200 specialists on the Northleaf team are solely responsible for finding, analysing, and managing private market assets around the world. Read More..

B2B Tech News | 2 years ago          

The future of fintech in Europe is very similar to traditional banking

The largest fintech companies in Europe are starting to resemble triedandtrue traditional banking. They have been forced to reflect after experiencing

The largest fintech companies in Europe are starting to resemble triedandtrue traditional banking. They have been forced to reflect after experiencing record losses and a sharp decline in the value of the tech sector. Adyens stock has decreased by about 40% over the past year, and Stripe internally reduced its worth by 27%. Following a down round, Klarnas valuation fell to $6.7 billion. Revolut, which is aiming to be a superapp for finance, unveiled a BNPL product in Ireland. Formerly the most valued tech unicorn in Europe, Klarna has been experimenting with a variety of goods, including tools for comparing prices. Adyen will be able to grow in this market because to the banking licences it received in 2017 in Europe and 2018 in the US. Read More..

B2B Tech News | 2 years ago          

DigitalX Sees Crypto Assets Plunge 27% in One Month

In the month of November, DigitalX recorded a 26.8% decline in the value of its namebrand digital assets fund. At the end of November, the group held

In the month of November, DigitalX recorded a 26.8% decline in the value of its namebrand digital assets fund. At the end of November, the group held $11.9 million in Bitcoin and other digital assets, down from $16.6 million in October. Chief Executive Officer Lisa Wade attributed the decline to a chain reaction following the demise of bitcoin exchange FTX, which had its headquarters in the Bahamas. In FY22, DigitalX operated at a consolidated loss of $2.8 million, compared to a net profit after tax of $6.8 million the year before. The share price of the group has decreased 32.5 percent over the last six months and 73% since this time last year. However, DCC shares were steady today at 2.7 cents per share, indicating a market capitalization of $20.1 million. Read More..

B2B Tech News | 2 years ago          

Proparco of France invests $10 million in Sun Kings Solar Kit Business in Africa

A $10 million green bond was purchased by Proparco, a unit of the French Development Agency AFD group, which will lend the money to Sun King, an Afric

A $10 million green bond was purchased by Proparco, a unit of the French Development Agency AFD group, which will lend the money to Sun King, an African solar kit merchant. The green bond is being issued by the Swiss impact investor Symbiotics Group through its MSMR Bonds platform. Thanks to this platform, 309 bonds totaling $2.67 billion have already been issued. With the present investment, Sun King will be able to extend its business throughout Africa. According to the business, solar kits have now replaced 7.3 million kerosene lights in Africa, preventing 22.9 million tonnes of carbon dioxide emissions. Read More..

B2B Tech News | 2 years ago          

Asian stocks edge up amid global growth concerns

The largest AsiaPacific share index tracked by MSCI was up 0.19%, about to end a twoday losing trend. Hong Kongs Hang Seng Index surged over 2% while

The largest AsiaPacific share index tracked by MSCI was up 0.19%, about to end a twoday losing trend. Hong Kongs Hang Seng Index surged over 2% while Chinas stock market increased by 0.12%. The S&P/ASX 200 index in Australia dropped by 0.67%, while the Nikkei in Japan dropped to nearly onemonth lows. In advance of the Federal Reserve meeting next week, U.S. Treasury rates are hovering at threemonth lows. Many market participants think bond yields have peaked and that inflation is starting to moderate. Next week, central banks will gather to decide whether to slow down or speed up the increase in interest rates. Read More..

B2B Tech News | 2 years ago          

Flow Engineering Enables Hardware Engineers to Collaborate More Effectively, Raising $8.5M for Funding Round

Flow Engineering, a hardware engineering software firm based in the United Kingdom, announced today that it has raised $8.5 million in seed funding. T

Flow Engineering, a hardware engineering software firm based in the United Kingdom, announced today that it has raised $8.5 million in seed funding. The platform from Flow Engineering intends to facilitate agile collaboration methods for hardware engineering teams, saving time spent collating computer design models, databases, and component diagrams. Flows software, dubbed Hardware Engineerings GitHub, is designed to help engineers cycle complicated hardware constructions more quickly by allowing them to constantly test, validate, and verify ideas. The research team has experience in aerospace engineering and F1 racing, and the software has already been used by unnamed automotive and aerospace companies. Read More..

B2B Tech News | 2 years ago          

Butter Insurance raises $1.3 million to launch vision of over the counter insurance

Butter Insurance has received a $1.3 million investment from Flying Fox VC, Quokka Ventures, FB10X, and Startmate. The platform intends to democratise

Butter Insurance has received a $1.3 million investment from Flying Fox VC, Quokka Ventures, FB10X, and Startmate. The platform intends to democratise insurance access for young people and renters. Users will be able to monitor and manage their insurance plans, track claims, and update payments all from a single webapp. Butter Insurance just signed its first significant partnership agreement with Australian Payments Plus AP+. Butter wants to make the process of purchasing insurance as easy as possible. The insurance solution will be integrated with eftpos eQR Digital Marketplace, which is an alternative payment option that allows customers to pay with their smartphone. Read More..

B2B Tech News | 2 years ago          



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