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Why CIOs back API governance to avoid tech sprawl

CIO

But APIs do more than support next-generation technologies — they already serve a foundational purpose within most enterprises. As enablers for the integration of data and business services across platforms, APIs are very aligned with current tech trends,” says Antonio Vázquez, CIO of software company Bizagi.

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7 investors reveal what’s hot in fintech in Q1 2023

TechCrunch

The global downturn has impacted every sector, but fintech bore the brunt of it as public-market valuations fell off a cliff last year. However, it appears that even though VCs are proceeding more cautiously than before and taking their time with due diligence, they are still investing. What do you feel might be overhyped?

Fintech 275
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Bosch picks up Five.ai after the self-driving startup pivoted to B2B and then put itself up for sale

TechCrunch

Consolidation is moving ahead in the world of autonomous driving, with the latest development coming out of Europe. Five had raised around $78 million in funding, and according to PitchBook data was last valued at $216 million in its last round, a $41 million investment in March 2020 that coincided with the company’s B2B pivot.

B2B 246
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Fashinza, a B2B supply chain marketplace for fashion brands, raises $100M

TechCrunch

. “Even though brands were marking up their retail price at 75% to 80% margins, they were still making only around 8% to 10% profits and losing money due to high inventory wastage or going out of stock. They] struggled with … opacity due to multiple middlemen and their manufacturers being thousands of miles away.”

Fashion 192
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Archive.ai aims to free marketers from their monotonous workflows

TechCrunch

When marketers Paul Benigeri and Geoffrey Woo were at their former companies, in food tech and e-commerce infrastructure, respectively, they experienced how manual and repetitive digital marketing workflows were, especially as the number of disparate and unintegrated marketing tools grew.

Marketing 217
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B2B sales closing and financing platform Vartana raises $12M

TechCrunch

The software-as-a-service (SaaS) industry is facing budget constraints and reductions in headcount as a result of the pandemic and the broader slowdown in tech. Image Credits: Vartana On the capital marketplace side, Vartana-developed algorithms normalize data, rate each buyer and extend debt financing offers.

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Surging homegrown talent and VC spark Italy’s tech renaissance

TechCrunch

As Italy reinstates many COVID-19 restrictions, the country’s tech ecosystem is watching and waiting to see what the wider effects of the emergency will be. Italy’s ecosystem for tech venture capital and startups has been in development for years and has made decent strides in the last decade.