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Lilium closes $119 million round, Karmen raises €50 million and over €1 billion invested in European technology

We tracked over 95 tech investment agreements worth over €1 billion this week, as well as over 20 exits, M&A transactions, whispers, and associated

We tracked over 95 tech investment agreements worth over €1 billion this week, as well as over 20 exits, M&A transactions, whispers, and associated news pieces across Europe. As a paid subscriber, you are a member of an exclusive club with access to our results. While we like to share this information in realtime on Twitter and Instagram the far more fun alternative, keeping track of it all would be difficult. We know what were talking about. Every week, we rise to the occasion so you dont have to. Read More..

B2B Tech News | 2 years ago          

Superfunds add another $30 million to Morse Micro Series B

Morse Micro, based in Sydney, has added $30 million to its Series B fundraising round, which was disclosed in September. The semiconductor developer h

Morse Micro, based in Sydney, has added $30 million to its Series B fundraising round, which was disclosed in September. The semiconductor developer has now raised $170 million in total. TelstraSuper, HESTA, Hostplus, NGS, and UniSuper are among the five superannuation funds that have invested in the company. WiFi HaLow is an Internet of Things IoT market solution that can reach ten times the range of traditional wifi networks. Read More..

B2B Tech News | 2 years ago          

TipTip uses a hyperlocal strategy to help manufacturers in Southeast Asia monetize

Albert Lucius, whose previous business Kudo was acquired by Grab, developed TipTip. The Indonesian business has raised $13 million in Series A fundrai

Albert Lucius, whose previous business Kudo was acquired by Grab, developed TipTip. The Indonesian business has raised $13 million in Series A fundraising, only eight months after raising $10 million in Series A funding. It hopes to attract over 30,000 creators and 300,000 users by early next year. TipTip, according to Luis, is a fullservice solution for creators, including digital content management and distribution, live streaming services, oneonone interactions, and direct tipping. TipTip also assists creators with administrative issues such as audience management, KYC, payment systems, and scheduling. Read More..

B2B Tech News | 2 years ago          

Indian Railways aims to become a major exporter of Vande Bharat trains to Europe, South America and East Asia

By 2025 or 2026, the Indian Railways hopes to become a significant supplier of Vande Bharat trains to markets in Europe, South America, and East Asia.

By 2025 or 2026, the Indian Railways hopes to become a significant supplier of Vande Bharat trains to markets in Europe, South America, and East Asia. The most recent iteration of the native trains with sleeping coaches will be in service by the first quarter of 2024, according to a senior official. For testing/trials of various rolling stocks, the national transporter is building a 59 km testing track between Gudha and Thathana Mithri in the Jodhpur Division approximately 70 km from Jaipur. Read More..

B2B Tech News | 2 years ago          

In a bid to make staking easier for everyone, Kiln is bringing €17m to the table

Stakingasaservice platform established in Paris. Kiln has received €17 million in Series A investment. Kiln provides enterprise clients with the inf

Stakingasaservice platform established in Paris. Kiln has received €17 million in Series A investment. Kiln provides enterprise clients with the infrastructure they need to offer staking services on their own products. The fresh funds will be utilised to further develop and extend Kilns product line. As opposed to lending, there is no counterparty risk, and all risk is almost eliminated when dealing with a thirdparty intermediary such as a centralised exchange. Read More..

B2B Tech News | 2 years ago          

Amazon halts wholesale distribution in third retail outlet in India

Amazon is discontinuing its wholesale distribution operations in India. Amazon Distribution was created to assist kiranas, or Indian local stores, pha

Amazon is discontinuing its wholesale distribution operations in India. Amazon Distribution was created to assist kiranas, or Indian local stores, pharmacies, and department stores in securing merchandise. The move follows the companys closure of two other businesses in the country, food delivery and online learning platform Academy. Amazon has lost several senior executives in recent months. Amazons 2021 gross merchandise value in India is estimated to be between $18 and $20 billion, trailing Flipkarts $23 billion. Ecommerce spending in India is expected to more than double to more than $130 billion by 2025. Read More..

B2B Tech News | 2 years ago          

Kamereo raises $4.6 million to connect farmers and catering businesses in Vietnam

Taku Tanaka observed how challenging it is for restaurants to interact with farmers while working there. He established Kamereo, a B2B platform with a

Taku Tanaka observed how challenging it is for restaurants to interact with farmers while working there. He established Kamereo, a B2B platform with a lastmile delivery network and a warehouse of its own. Food conglomerate CPF Group launched a $4.6 million fundraising effort for the company. The portal is used by F&B companies to place orders from numerous farms. Supplier negotiations, order management, and fulfilment are all handled by Kamereo. In order to reduce the need for drivers to go far, it intends to increase the size of its microwarehouse network in Ho Chi Minh City. Read More..

B2B Tech News | 2 years ago          

Chinese electric vehicle startup WM Motor cuts wages amid rising losses Sources

WM Motor Holdings is halving managerial wages and almost a third of employee pay. The startup for electric vehicles struggles with slow sales and risi

WM Motor Holdings is halving managerial wages and almost a third of employee pay. The startup for electric vehicles struggles with slow sales and rising losses. After apparently abandoning plans to list on Shanghais hightech Star board, WM is now considering an IPO in Hong Kong. It now has more time to increase cash flow because it has moved the date of salary payments from the eighth of the month to the 25th. WM delivered 44,152 vehicles in 2021, much fewer than its larger domestic competitors Nio, Xpeng, and Li Auto. 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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