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Australia’s BNPL Openpay is suspended from the US market due to rising interest rates

Australian firm Buy Now, Pay Later BNPL, Openpay Group, closed in the US four months after being described as a key growth market. Openpays losses inc

Australian firm Buy Now, Pay Later BNPL, Openpay Group, closed in the US four months after being described as a key growth market. Openpays losses increased by 65% in the first half of the year, and the company wanted investors to finance the expansion into the United States. Other Australian BNPL startups are also facing funding challenges, with rising interest rates putting retail spending and investor risk appetite under pressure. Read More..

B2B Tech News | 3 years ago          

German startup raises €4.6m for a quantum computer operating at room temperature

A German company has raised €4.6m to develop a highly scalable roomtemperature quantum computer. The technology is based on atoms trapped in optical

A German company has raised €4.6m to develop a highly scalable roomtemperature quantum computer. The technology is based on atoms trapped in optical lattices and is the first startup to emerge from the Munich Quantum Valley. Planqc quantum computers store information in individual atoms and arrange them in artificial crystals that can measure large amounts of light. It can be easily scaled to thousands of cubits. Panic is a joint venture between the MaxPlanck Institute of Quantum Optics MPQ and LudwigMaximilär University LMU in Munich, which aims to build the worlds first scalable quantum computer that operates at room temperature. Its cofounder Johannes Zeiher says Our atoms are more than a million times colder than deep space, but we can run computers in a roomtemperature environment. Read More..

B2B Tech News | 3 years ago          

South America Simultaneous Location and Map Slam Market Latest updates, dates and forecasts by 2030

The Global Simultaneous Localization and Mapping Slam Market report provides an indepth and systematic assessment of regional and global markets, as w

The Global Simultaneous Localization and Mapping Slam Market report provides an indepth and systematic assessment of regional and global markets, as well as service and product innovations and the projected size of the global market. The report provides an indepth overview of the PEST and the overall dynamics of the industry during the forecast period. It also provides an indepth analysis of the latest studies of competitors and emerging developments in the industry, providing clear perspectives and updated scenarios for a proper assessment. Read More..

B2B Tech News | 3 years ago          

Canada pledges funding to improve the countrys air transport infrastructure

The Government of Canada has announced an investment of C$105m $81.4m under the National Trade Corridors Fund to improve supply chain efficiency for C

The Government of Canada has announced an investment of C$105m $81.4m under the National Trade Corridors Fund to improve supply chain efficiency for Canadian air carriers. The investment aims to reduce flight times and fuel consumption of the aircraft while improving cargo traffic. NAV CANADA agreed to contribute C$59.7m $46.2m to this project, which will cost $98.9m $76.6m in total. Canadas government has committed C$85.2m $66m to three NAV CANADA projects aimed at improving air cargo and air traffic management. The projects will improve the efficiency and flow of air cargo in Canada by reducing bottlenecks at the major transport hubs. Read More..

B2B Tech News | 3 years ago          

EU nations support efforts to stop selling combustion engines by 2035

Environment ministers adhered to a deal on the proposal after Italy gave up demands for a fiveyear delay. Most car companies will have to shift to ele

Environment ministers adhered to a deal on the proposal after Italy gave up demands for a fiveyear delay. Most car companies will have to shift to electric models in little more than a decade. The agreement defines member states negotiating stance for further talks with EU Parliament and European Commission. European ministers agree to delay by a year a new carbon market for heating and transport fuel. They also want to create a climate fund to help mitigate the costs of the new capandtrade program. The deal also limits the size of the Social Climate Fund to 59 billion euros $62 billion. Read More..

B2B Tech News | 3 years ago          

Supported Continuous Glucose Monitoring Techniques for Australians with Type 1 Diabetes

Brisbane resident Rachelle Swan is hoping that a new government grant for diabetes treatment technology will reduce the stigma associated with the con

Brisbane resident Rachelle Swan is hoping that a new government grant for diabetes treatment technology will reduce the stigma associated with the condition. Beginning on July 1, the federal government will partially subsidize Continuous Glucose Monitoring CGM technology. Eligible individuals will save more than $2,000 a year thanks to this subsidy. Type 1 diabetics must routinely check their blood glucose levels to make sure they are neither too high nor too low. Read More..

B2B Tech News | 3 years ago          

MAYA Capital closes second $ 100 million fund for Latin American startups

MAYA Capital cofounders Lara Lemann and Monica Saggioro have raised $100 million for their second fund. With their first fund, they have supported mor

MAYA Capital cofounders Lara Lemann and Monica Saggioro have raised $100 million for their second fund. With their first fund, they have supported more than 29 companies in 12 sectors in Brazil, Mexico, Colombia, and Chile. Two of those investments became food tech company NotCo and ecommerce aggregator Marama. MAYA primarily helps companies from seed to Serie A in a few ways recruiting, gotomarket and fundraising. The company helps to find, interview and connect portfolio companies with potential talent. It also makes 200 vetted commercial connections and 250 introductions to toptier funds for fundraising. Read More..

B2B Tech News | 3 years ago          

NASA approves the continuation of the ICESat2 space laser after more than 3 years

NASAs Ice, Cloud, and land Elevation Satellite2 ICESat2 has found that Arctic sea ice has lost a third of its volume. On the other side of the world,

NASAs Ice, Cloud, and land Elevation Satellite2 ICESat2 has found that Arctic sea ice has lost a third of its volume. On the other side of the world, at the opposite pole, new glacial lakes have been discovered deep beneath the Antarctic ice surface. Thats a neat thing about ICESat2 – the scales at which you can observe processes range from very small, like snow blowing around, all the way up to the entire ice sheet. ICESat2 measures the top of the snow, CryoSat2 detects the interface between snow and ice, and together the data tells us not only the depth of the snow but also the sea Read More..

B2B Tech News | 3 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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