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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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Founders of well-funded Egyptian B2B startup Capiter fired following fraud allegations

TechCrunch

Last September, Egyptian startup Capiter raised $33 million in Series A funding to compete in the country’s growing B2B e-commerce and retail space. Another publication stated the founders had not been reporting to the board, its representatives and shareholders during on-site in-person due diligence for a potential merger. .

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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.

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

TechCrunch

However, it appears that even though VCs are proceeding more cautiously than before and taking their time with due diligence, they are still investing. Spoiler alert: B2B payments and infrastructure remain on fire and most investors expect to see more flat and down rounds this year. How many will not manage the task in 2023?

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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.”

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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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Topi raises $45M to power hardware subscriptions for B2B merchants

TechCrunch

A new company is looking to do for B2B hardware sales what a growing number of companies have been doing in the consumer sphere, by making it easier for businesses to pay for equipment in instalments through rentals and subscriptions. million in funding to do something similar for B2B transactions. Access over ownership.

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