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Matter Labs raises $200m, Cohabs closes €110m funding round and over €975m was invested in European Tech last week

We tracked over 95 tech funding deals worth over €975 million last week, as well as over 10 exits, M&A transactions, rumours, and related news stori

We tracked over 95 tech funding deals worth over €975 million last week, as well as over 10 exits, M&A transactions, rumours, and related news stories across Europe. As a paid subscriber, you are a member of an exclusive club with access to our findings. While we tend to share this information in realtime on Twitter and Instagram the far more entertaining option, 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          

Good news for diesel prices in South Africa

According to the Central Energy Funds CEF most recent weekly estimates, motorists will face gasoline price increases in December. However, diesel pric

According to the Central Energy Funds CEF most recent weekly estimates, motorists will face gasoline price increases in December. However, diesel prices are reversing course, falling 30 cents per litre from a week ago. The CEF emphasises that the snapshot is not predictive, but rather serves as an indication of fuel prices. The drop in oil prices supports lower fuel prices, which have been boosted further by a stronger rand. South Africas rand has risen against the dollar, but not as a result of domestic events or factors. Read More..

B2B Tech News | 2 years ago          

US working to sign loss and damage agreement, sources say

According to a source familiar with the negotiations, the United States is trying to figure out how to accept ideas put out during the COP27 summit in

According to a source familiar with the negotiations, the United States is trying to figure out how to accept ideas put out during the COP27 summit in Egypt regarding the establishment of a fund to assist developing nations with the expense of climate disasters. Another American source with knowledge of the talks claimed that the US had been seriously involved in the talks on the loss and damage agreement. Read More..

B2B Tech News | 2 years ago          

Qatar signs 27year deal with China as LNG competition intensifies

Qatar has signed a 27year agreement to supply liquefied natural gas to Chinas Sinopec. As volatile markets drive buyers to seek longterm deals, this i

Qatar has signed a 27year agreement to supply liquefied natural gas to Chinas Sinopec. As volatile markets drive buyers to seek longterm deals, this is the longest such LNG agreement to date. Europe requires massive amounts of LNG to help replace Russian pipeline gas, which used to account for nearly 40% of its imports. Read More..

B2B Tech News | 2 years ago          

Flipkart boss warns startups of turmoil and funding bottlenecks for another 1218 months

Flipkart CEO Kalyan Krishnamurthy believes startup owners should embrace a downturn and rebuild their businesses. He anticipates that a large number o

Flipkart CEO Kalyan Krishnamurthy believes startup owners should embrace a downturn and rebuild their businesses. He anticipates that a large number of startup entrepreneurs will enter the market between April and June of next year. Flipkart, which was last valued at $37.6 billion, ceased its purchase spree early this year. In contrast, when the market reserved its position earlier this year, funding fell below $3 billion in the September quarter. And it involves reflecting on what needs to be done to survive, he explained. Krishnamurthy, who previously worked at Tiger Global, famously assisted architect Flipkart in cutting its workforce by 30% five years ago in order to help the firm become more efficient. Read More..

B2B Tech News | 2 years ago          

Ariane boss insists new European rocket can rival Musks SpaceX

The longdelayed Ariane 6 system is expected to launch in the fourth quarter of 2023, and Roussel stated that while it will not feature costcutting tec

The longdelayed Ariane 6 system is expected to launch in the fourth quarter of 2023, and Roussel stated that while it will not feature costcutting technologies like SpaceX, it may eventually be possible to launch every two weeks, though only up to 12 times in a calendar year. Ariane 6 represents Europes assurance of independent access to space, Roussel told POLITICO, while confirming tentative plans to launch the nextgeneration rocket by the end of next year, though the first fullscale commercial launch will not take place until 2024. Read More..

B2B Tech News | 2 years ago          

StanChart sees Asia and the Middle East as bright spots in the weak global economy

StanChart is expanding its transaction banking and financial markets operations. The Londonbased lender has operations in 59 countries, with an emphas

StanChart is expanding its transaction banking and financial markets operations. The Londonbased lender has operations in 59 countries, with an emphasis on Asia, the Middle East, and Africa. Clients from Europe and the United States are shifting their business to lowcost Asia. Following Chinas COVID limits, StanCharts European and US clients are shifting more business to lowcost Asia, according to cochief executive Ian Cooper. StanChart increased its pretax profit by 40% in the third quarter as interest rates rose, boosting its staple revenue. Read More..

B2B Tech News | 2 years ago          

Fluid Truck was ranked the 9th fastest growing company in North America according to Deloitte

The Deloitte Technology Fast 500 recognises the most forwardthinking, rapidly expanding public and private businesses across North America. On Deloitt

The Deloitte Technology Fast 500 recognises the most forwardthinking, rapidly expanding public and private businesses across North America. On Deloittes list of the 500 largest companies in North America, Fluid Truck came in at number 9, with a startling growth rate of 9,899. Additionally, the business was recognised as Colorados top fastgrowing business. Additionally, Fluid Truck was ranked as Colorados topgrowing business. Being ranked as the 9th fastestgrowing company in North America is amazing. It demonstrates our objective at Fluid Truck, which is to push for an energyefficient future where commercial fleets are instantly accessible to assist businesses in moving more efficiently at the touch of a button Founder and CEO James Eberhard said. 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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