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Electric cargo bike supplier Cargoroo adds 10 million euros to the purse

Residents in the Netherlands, France, Belgium, and Germany can anticipate seeing an increase in the number of shared electric cargo bikes navigating s

Residents in the Netherlands, France, Belgium, and Germany can anticipate seeing an increase in the number of shared electric cargo bikes navigating streets and transporting people and goods thanks to a new €10 million funding round. Even if you havent recently visited the lowlands, if youve been on or near a public road in the last few minutes, theres a good chance youve seen an electric bike of some kind pass by. Now that Cargoroo, an Amsterdambased company, has raised €10 million in a fresh financing round expressly geared at expanding the startups reach outside the borders of Europes most bicyclefriendly country, be prepared to see more yellow shared cargo bikes on the road. Read More..

B2B Tech News | 2 years ago          

Subpod, Byron Bays compost scaler eyes crowdfunding for expansion

Subpod, a business in Byron Bay, has received $787,000 through Birchal, a crowdfunding website. The companys third fundraising effort, which began in

Subpod, a business in Byron Bay, has received $787,000 through Birchal, a crowdfunding website. The companys third fundraising effort, which began in 2018 with an angel investment of $420,000, just finished. In order to prepare for a nationwide US distribution effort in 2024, Subpod may need to raise up to $4 million in additional cash the following year. Because it offers a small, odorfree design with 90% of the Subpod positioned below the soil of any garden, the cuttingedge composting device is becoming popular with city dwellers. The Subpod is a groundbreaking composting system, worm farm, and garden seat all in one. Read More..

B2B Tech News | 2 years ago          

Asian tech giants are seeing a silver lining despite a tough year of job cuts, dwindling inventories and losses

After a tumultuous year of massive job cuts and plummeting share prices, the clouds may be lifting for Asias technology behemoths. Analysts say most

After a tumultuous year of massive job cuts and plummeting share prices, the clouds may be lifting for Asias technology behemoths. Analysts say most have reported thirdquarter earnings that exceeded or were in line with expectations, indicating that costcutting measures are beginning to pay off, though they warn that there will be more twists and turns ahead. Read More..

B2B Tech News | 2 years ago          

Getir acquires Gorillas and Einride trucks for 500 million dollars and more than 2.4 billion euros have been invested in European technology this week

We monitored more than 90 tech fundraising transactions worth more than €2.4 billion this week, as well as more than 15 exits, M&A deals, rumours, a

We monitored more than 90 tech fundraising transactions worth more than €2.4 billion this week, as well as more than 15 exits, M&A deals, rumours, and associated news pieces across Europe. We monitored more than 90 tech fundraising transactions worth more than €2.4 billion this week, as well as more than 15 exits, M&A deals, rumours, and associated news pieces across Europe. You belong to the select group with special access to our findings as a paid subscriber. Youd struggle to keep up with it all, even though we frequently post this information in realtime on Twitter and Instagram the much more fun choice. Trust us we are knowledgeable. We take up the task each and every week so you dont have to. Read More..

B2B Tech News | 2 years ago          

émotions joins toilet paper manufacturers who talk nonsense about social causes

While expanding interstate and negotiating with Australias top supermarkets, émotions is trying to raise $1.5 million through equity crowdfunding wit

While expanding interstate and negotiating with Australias top supermarkets, émotions is trying to raise $1.5 million through equity crowdfunding with OnMarket. Rochelle Richs struggle with postpartum depression, a family tragedy that occurred during Melbournes lockdown, and her attempts to explain the meaning of emotions to her twoyearold son led to the creation of the company. Three organisations that focus on mental health receive half of the companys profits Beyond Blue, the Black Dog Institute, and Lifeline. With its website recording a 63 percent average monthly increase and more than 5,000 orders, émotions has made more than $300,000 in sales. It has also amassed a small but increasing subscription list. Read More..

B2B Tech News | 2 years ago          

Inflation has peaked but wont return to preCovid levels in 2023, Mastercard says

Although inflation has reached its peak this year, David Mann predicts that by 2023 it would still be higher than before the pandemic. At the Masterca

Although inflation has reached its peak this year, David Mann predicts that by 2023 it would still be higher than before the pandemic. At the Mastercard Economics Institute, Mann serves as head economist for AsiaPacific, the Middle East, and Africa. Interest rates have lately increased at central banks all across the world. Mann claims that despite high inflation, American consumers are still eager to spend discretionary money on things like tourism. Read More..

B2B Tech News | 2 years ago          

SoftBank and Tencent lead the way as Asian tech investors become stock sellers

Shares of the Asian IT giants are being sold by some of the most powerful institutions in the world. The shareholders of large sellers frequently put

Shares of the Asian IT giants are being sold by some of the most powerful institutions in the world. The shareholders of large sellers frequently put pressure on them to increase returns. By selling their longterm investments, investors can free up money for more useful purposes. Their longerterm vision for the tech businesses is also reflected in their sales. This year, Tencent sold a $3 billion investment in Sea Ltd., an internet company registered on the New York Stock Exchange, and it just announced plans to sell $23.2 billion worth of Meituan shares. Antitrust issues, according to analysts, may have been a significant impact. Analysts assert that there is a business as well as a political logic behind Tencents divestments. Read More..

B2B Tech News | 2 years ago          

Trimble buys Transporean for 1.88 billion euros

Transporean, a German cloudbased logistics platform, has been bought by competitor Trimble in a deal worth €1.88 billion to the former. Subject to u

Transporean, a German cloudbased logistics platform, has been bought by competitor Trimble in a deal worth €1.88 billion to the former. Subject to usual closing conditions, including regulatory clearances, the transaction is expected to close in the first half of 2023. Transporeon, situated in Ulm, Germany, has been in business since 2000 and offers a cloudbased logistics and transport management platform that enables automation, realtime analytics, and cooperation on €48 billion in annual freight, according to the company. Hg Capital purchased Tranporeon in 2019 and has subsequently worked to enhance the companys bottom line through robust growth and continuous margin expansions. Read More..

B2B Tech News | 2 years ago          



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Refresh Your Facts

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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