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Operational intelligence gets $5 million to solve customer problems with AI

In a fundraising round headed by Bonfire Ventures, Operative Analytics secured $5 million or USD$3.5 million. Artificial intelligence is used by the M

In a fundraising round headed by Bonfire Ventures, Operative Analytics secured $5 million or USD$3.5 million. Artificial intelligence is used by the Melbournebased software company to analyse client interactions and decrease wait times. In 2021, the global market for contact centre software was expected to be worth USD$26.93 billion AUD$40.2 billion, according to market research firm Fortune Business Insights. The managing director of Bonfire claimed that the brothers had created a simple solution to enhance customer satisfaction at a time when demands were at an alltime high. Read More..

B2B Tech News | 2 years ago          

Egypts Sideup raises $1.2 million to grow its ecommerce platform

The platform for ecommerce services for the MENA region, Sideup, has announced the closing of a $1.2 million seed round. Previously known as Voo, the

The platform for ecommerce services for the MENA region, Sideup, has announced the closing of a $1.2 million seed round. Previously known as Voo, the business ran one of the top logistics marketplaces in the area. Sideup will use its investment cash to expand its activities in Saudi Arabia and strengthen its position in Egypt. Businesses may access partners and technology to expand their operations from a single location thanks to Sideups platform. Read More..

B2B Tech News | 2 years ago          

Malaysian Earned Wages Access firm secures $9 million

The earnedwage access firm Paywatch, based in Malaysia, claimed to have secured $9 million in a preseries A investment headed by Third Prime. Hana Ven

The earnedwage access firm Paywatch, based in Malaysia, claimed to have secured $9 million in a preseries A investment headed by Third Prime. Hana Ventures, Parkwood Corp., the University of Illinois Foundation, and Vanderbilt University contributed endowments to the round as well. Paywatch was established in 2020 and offers earnedwage access services that are supported by significant financial institutions and central banks. Right now, it runs in Malaysia and South Korea. The business claimed to have over 100 corporate clients, including restaurants like Outback Steakhouse, KFC, Pizza Hut, and TGI Fridays. Read More..

B2B Tech News | 2 years ago          

US Army awards Black Hawk replacement contract to Textrons Bell

After a protracted procurement process for a new helicopter to replace the Black Hawk utility helicopter, the U.S. Army on Monday selected Textron Inc

After a protracted procurement process for a new helicopter to replace the Black Hawk utility helicopter, the U.S. Army on Monday selected Textron Inc.s TXT.N Bell division as the winner. In order to replace the more than 2,000 mediumclass UH60 Black Hawk utility helicopters produced by Sikorsky during the 1970s, the Army launched the Future Vertical Lift competition. The Army was looking for a plane that could transport roughly 12 soldiers 400 nautical miles. Mitch Snyder, CEO of Bell, stated in a statement, We are ready to equip soldiers with the speed and range they need to compete and win using the most mature, dependable, and economical highperformance longrange assault weapon system. Read More..

B2B Tech News | 2 years ago          

Reflex Aerospace raises 7 million euros to launch NewSpace satellites at a lower cost

With the commitment of almost €7 million from a group of investors that includes the German publicprivate partnership HighTech Gründerfonds, Reflex

With the commitment of almost €7 million from a group of investors that includes the German publicprivate partnership HighTech Gründerfonds, Reflex Aerospace, a satellite technology business with offices in Berlin and Munich, has announced the initial close of its seed round. By the end of March 2023, Reflex Aerospaces seed round is anticipated to reach €12 million, with the additional money going toward the construction of a satellite manufacturing plant. The business wants to offer ubiquitous highspeed, lowlatency net access to mobile platforms and homes with its UNIO loworbit satellite network. Read More..

B2B Tech News | 2 years ago          

Vaxxas Receives $34 Million Capital Injection to Promote NeedleFree Vaccine Production

The $34 million fundraising round for Brisbanebased medtech Vaxxas has been completed, the company has said. The money will enhance ongoing clinical t

The $34 million fundraising round for Brisbanebased medtech Vaxxas has been completed, the company has said. The money will enhance ongoing clinical trials of its needlefree vaccination technology and expand its production capabilities to a commercial scale. OneVentures and UniQuest, who had previously invested in the company, took the lead in the most recent round, which also included new investors from the board of directors, the management team, and private investors. It increases a federal award of $8 million that was received in September. Read More..

B2B Tech News | 2 years ago          

Opening speech by Minister of State Katja Keul at the GermanAfrican Business Summit 2022

Since its debut in 2015, the GermanAfrican Business Summit GABS has developed into a successful tradition. The GABS is being held for the first time i

Since its debut in 2015, the GermanAfrican Business Summit GABS has developed into a successful tradition. The GABS is being held for the first time in Southern Africa, one of the continents most dynamic regions. Our economies face formidable obstacles in both Germany and Africa. More than ever, Europe and Africa must work together. All of our way of life is at peril due to climate change. In order to defeat it, we must cooperate. Germany has pledged to completely eliminate its carbon emissions by 2045. Many African nations can learn from one another and share common objectives. For private businesses to participate in the green revolution, incentives must be established. Read More..

B2B Tech News | 2 years ago          

The sale of Asian investors led Blackstone to lift the doors

According to the Financial Times, investors withdrew more than 2% of the Blackstone Real Estate Income Trusts net assets in July. Instead, Blackstones

According to the Financial Times, investors withdrew more than 2% of the Blackstone Real Estate Income Trusts net assets in July. Instead, Blackstones top executives put their own money into BREIT. CEO Stephen Schwarzman and president Jon Gray increased their investments in the real estate investment trust by more than $100 million. Others began to withdraw in earnest throughout the spring and summer, when Asian investors began to flee as their own property markets deteriorated. This year, Asia has accounted for more than 70% of BREIT redemptions. Read More..

B2B Tech News | 2 years ago          



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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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.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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