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NotCo Receives $70M Extension in Series D Round Nubank Announces $330M Equity Capital

Giuseppe assisted the company in developing its first product, Not Mayo, in Chile in 2017. The company now claims to be the fastestgrowing food techno

Giuseppe assisted the company in developing its first product, Not Mayo, in Chile in 2017. The company now claims to be the fastestgrowing food technology company in South America, with plantbased products available in the United States, Brazil, Argentina, and Colombia. NotCo also manufactures items in collaboration with Kraft Heinz. Perfect Day, the leader in precision fermentation dairy, launched nth Bio, its biotechasaservice business, in September. Muchnick told Forbes that NotCo intends to go public in 2025, a year later than previously planned. Read More..

B2B Tech News | 3 years ago          

Gamepires from Croatia featured in UK publisher Jagex

Gamepires, the Croatian game developer behind the openworld horror survival game SCUM, has been acquired for an unknown fee by UKbased publisher Jagex

Gamepires, the Croatian game developer behind the openworld horror survival game SCUM, has been acquired for an unknown fee by UKbased publisher Jagex. Gamespires, based in Zagreb, reports that more than 3 million copies of SCUM have been sold to PC gamers. Joining Jagex will enable it to port the game to top gaming systems, so increasing its addressable revenue. Jagex CEO Phil Mansell stated that the acquisition would add to the companys existing portfolio of communitydriven interactive experiences, which includes the popular massively multiplayer online roleplaying game Runescape. SCUM is a cooperative open world survival horror game that allows playable teams to roam around fields escaping and fighting off swarms of frightening zombies. Read More..

B2B Tech News | 3 years ago          

Ford Considers Chinas CATL to Build U.S. Battery Plant

According to Bloomberg, the multibilliondollar factory will produce lithium iron phosphate batteries for Fords electric vehicles, citing people famili

According to Bloomberg, the multibilliondollar factory will produce lithium iron phosphate batteries for Fords electric vehicles, citing people familiar with the subject. According to the story, the businesses are discussing an ownership arrangement in which Ford would own 100% of the plant, including the infrastructure, while the Chinese battery giant would operate the factory and hold the technology to create the cells. According to Bloomberg, this would allow the plant to qualify for production tax credits under the United States Inflation Reduction Act without requiring direct financial commitment from CATL. Read More..

B2B Tech News | 3 years ago          

Equinix Expands to South Africa, Investing $160 Million in Johannesburg Data Center

Equinix, Inc. Nasdaq EQIX announced plans to enter the South African market with a data centre investment of US$160 million in Johannesburg. The new d

Equinix, Inc. Nasdaq EQIX announced plans to enter the South African market with a data centre investment of US$160 million in Johannesburg. The new data centre is slated to open in mid2024, adding to the companys current presence on the African continent in Nigeria, Ghana, and Côte dIvoire. Equinix is looking for clean and dependable energy sources for this new data centre. We intend to source 100% clean and renewable energy for our worldwide platform in the long run. Equinixs renewable energy penetration was 95% in 2021, and it has been above 90% since 2018. Read More..

B2B Tech News | 3 years ago          

AIpowered human communication provider Jaid raises £3m

Jaid, situated in London, has raised £3 million in a seed round. Businesses can use the firms AI as a Service products to automate a number of use ca

Jaid, situated in London, has raised £3 million in a seed round. Businesses can use the firms AI as a Service products to automate a number of use cases. The investment aims to broaden Jaids offering and market reach as it expands into the United States, Europe, and now Asia. , and were going to do it. Client service automation, sales automation, payment exception processing, and claims administration processing are among Jaids AIaaS use cases. Clients of the startup include ClearBank, Syndio, Calastone, and Legal & General. Read More..

B2B Tech News | 3 years ago          

AI annotator Appen steps down from longtime CEO

Appen ASX APX, an artificial intelligence data sourcer and organiser, has announced a new direction following the surprise resignation of longtime CEO

Appen ASX APX, an artificial intelligence data sourcer and organiser, has announced a new direction following the surprise resignation of longtime CEO Mark Brayan. Appens stock plummeted from highs of more than $40 in 2020 to a fiveyear low of $2.38 last month. Appens annualised revenue has increased by 40% since 2016, with sales in China increasing by 422% in FY21. Brayan oversaw a revenue increase from over US$60 million $87.86 million in 2015 to more than US$447 million $654.5 million last fiscal year. Sean Carithers, a Silicon Valley transformation specialist, was revealed as Sharkeys replacement in November, at the same time Mini Peiris joined the board. Read More..

B2B Tech News | 3 years ago          

SG Website Builder Raises $9M in Series A Funding

Plugo, a Singaporebased website development platform, has raised $9 million in a series A round of funding. Altos Ventures led the fundraising round,

Plugo, a Singaporebased website development platform, has raised $9 million in a series A round of funding. Altos Ventures led the fundraising round, with BonAngels Venture Partners and Access Ventures also participating. Plugo, which was founded earlier this year, allows Indonesian sellers to create their own online stores by integrating payment, logistics, and marketing services. The platform is currently in closed beta and will be available to the general public early next year. It intends to use the new funds for product development and recruiting. KyungMin Bang launched the company after cofounding CodeBrick, a South Korean corporation that ran a comparable service in Indonesia called TokoTalk. Read More..

B2B Tech News | 3 years ago          

Giskard raises €1.5M to help keep quality in AI industry

Giskard is a Parisbased software company that specialises in artificial intelligence quality. Over 2,000 accidents involving Artificial Intelligence A

Giskard is a Parisbased software company that specialises in artificial intelligence quality. Over 2,000 accidents involving Artificial Intelligence AI models have been recorded on the AI Incident Database since 2019. Elaia led Giskards €1.5 million round, which also included Bessemer Venture Partners and wellknown angels. The companys AI Inspect software aids in the visualisation and explanation of AI models in order to detect flaws and biases, making the AI development process more efficient. Giskards AI Test solution enables the creation of automated tests on AI models in order to assess essential quality criteria such as ethics, robustness, and efficiency. Read More..

B2B Tech News | 3 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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