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SAP.iO In Tel Aviv, Munich, Business Technology Platform

Marketing Data Integration Solution from Adverity, Now an SAP Endorsed App, Available on SAP® Store

Adverity, the leading data integration platform for marketing, sales, and e-commerce teams, announced today that its Marketing Data Integration solution is now an SAP-endorsed app, available for online purchase on SAP® Store. SAP Endorsed Apps are a category of solutions from SAP’s partner ecosystem that help customers become best-run, intelligent enterprises. Endorsed apps are meant to deliver value with desired outcomes.

lexander Igelsböck, CEO at Adverity, commented: “For our solution to be recognized as an SAP Endorsed App is a huge achievement that clearly demonstrates the enormous value Adverity has for SAP customers. As marketing evolves, the need for data-driven marketing decisions that drive performance is becoming ever more acute, and automated data integration is a crucial step in businesses becoming more analytically and data mature.”

SAP Endorsed Apps are premium certified by SAP with added security, in-depth testing, and measurements against benchmarks results. Adverity’s solution integrates with SAP Business Technology Platform (SAP BTP) using SAP Data Warehouse Cloud and SAP Analytics Cloud, allowing businesses to harmonize their data and then push it into the SAP Data Warehouse Cloud.

Optimising Cash, Costs, And Service In Supply Planning – With Genlots Simon Schenker

Supply chain planning can often seem like a lot of trade-offs. Genlots is a company using Reinforcement Learning to optimise the triangle of cash, (inventory working capital and so on), costs, (prices, delivery, transportation, etc.), and service (customer service, or the service that you give to your production).

Tom Raftery, Global VP & Global IoT Evangelist @ SAP, invited Simon Schenker, Founder, and Co-CEO at Genlots to talk about their solution in supply planning, as well as their partnership with SAP.iO.

Listen to the Podcast Here…

SAP.iO In Funding Announcement

London-based Emitwise pulls in €9 million for its AI-driven carbon accounting software

Climate tech startup Emitwise has closed its Series A funding round with a €9 million investment. The London-based startup is on a mission to accelerate the rapid decarbonisation of the economy and become the standard for carbon management processes.

The funding was led by Xplorer Capital with participation from Outsized Ventures, True Ventures, and ArcTern Ventures. This comes after a €5.4 million boost in May 2021.

In the landscape of increasing awareness of the importance of reducing carbon emissions and embedding greener practices in business approaches, Emitwise, launched in 2019, is an AI-driven carbon management platform that empowers companies to automatically measure, report and reduce their carbon footprint across their operations and supply chain. The aim is to future-proof businesses for a zero-carbon world.

Businesses are coming under sustained pressure from investors, regulators, customers and stakeholders to take action and they urgently need to understand their emissions and how to drive them down if they’re to remain competitive in years to come. To have the most significant impact, Emitwise is targeting the largest emitters – in the manufacturing and industrial sectors – first.

Mauro Cozzi, CEO and Co-Founder of Emitwise, said: “Significantly reducing carbon is both a planetary and business imperative. With businesses under ever-increasing scrutiny, the need for accurate and accessible emissions data is critical. Emitwise democratizes carbon information across a business’ supply chain so that decision-makers at every level can work towards all-out transformation. Our product has been designed to address customers’ pain points around data collection, transparency and analysis, and enables those in the highest polluting sectors to make critical decisions at a micro level.”

Meta inks partnership for 3D ads in step toward the metaverse

Meta Platforms Inc will make it easier for brands to run three-dimensional ads on its Facebook and Instagram social media platforms through a new partnership with an ecommerce technology firm.

The integration with VNTANA will allow brands to upload the 3D models of their products to Facebook and Instagram and easily convert them into ads, VNTANA said on Thursday in a press release.

The move is a stepping stone into advertising in the metaverse, said VNTANA chief executive Ashley Crowder, referring to the futuristic idea of a collection of virtual worlds that can be accessed through devices such as headsets.

Before VNTANA’s integration with Meta, advertisers would need to reformat 3D files to be compatible with Meta’s ad systems. Now, brands can use VNTANA to easily upload and convert the files into ads without technical expertise in working with 3D images, Crowder said.

Two SAP.iO Startups Named to CB Insights’ Tech Market Map for Decarbonization Tech in Industrials

Two SAP.iO startups were identified as leaders in decarbonization tech by CB Insights. This report looks at decarbonization tech companies serving companies in the industrials space. Carbonara (Singularity Energy) was identified as a leader in offset verification tools and Emitwise was identified as a leader in emission tracking & management.

Blockchain-agnostic identity service Spherity gets investment from Gründerfonds Ruhr

Spherity, a blockchain-agnostic identity cloud service, has announced that Gründerfonds Ruhr, a private venture capital fund has joined its latest investment round alongside existing investors, High Tech Gründerfonds, and SeedCapital Dortmund.

With Gründerfonds Ruhr as a partner, the Spherity team will get tangible business expertise and industry access from various prominent international cooperations.

The funds will be used to strengthen the development of Spherity’s decentralized identity management technology and enable secure and trusted business and supply chain operations.

Jan Gräfe, Managing Director of Gründerfonds Ruhr, said, “Spherity is a pioneer in the field of decentralized identity management software and well-positioned in a market that is just about to take off. Hence, we are delighted to join the greater team of Spherity and become part of this exciting journey.”

ECommerce Tech Company Saara Inc Raises Seed Funding from 021 Capital

Saara Inc, a California-based eCommerce technology company, has raised seed funding led by 021 Capital and witnessed additional participation from 9Unicorns and Lets Venture.

The funds will be utilized by Saara to expand its geographic footprint globally, provide a one-stop solution to online brands for all their returns and exchange-related requirements, product development, and acquire global talent to add to its leadership roles.

Saara is an AI-powered solution that helps eCommerce businesses become economically and environmentally more sustainable by reducing and automating product returns.

Queen of Raw and MIT Solve Release Fabric Footprint Impact Report

What if you knew the true cost of your clothing? Not just the price of the tag, but the cost to the planet as well? What if you can discover the amount of water, carbon emissions, chemicals, and water saved by each of your purchases? Did you know that one t-shirt takes an average of 700 gallons of water to produce? That’s enough clean water for one person to drink for three years. With the global textile market expected to hit $1.23 trillion by 2025, less than 1% of the material used to make clothing is recycled.

Now there’s a way to discover the sustainability score of each of your purchases via Queen of Raw’s marketplace. Queen of Raw now calculates the water, toxins, carbon emission, and waste saved by upcycling the $288 billion worth of excess textiles (raw materials and finished goods) rather than manufacturing new ones. Presented with sustainability metrics backed with authenticity on the blockchain, consumers can have a more engaging journey.

“Consumers want to see sustainability metrics when making sales decisions, and in fact, 43% Gen-Zers seek out companies with a solid sustainability reputation. With $360B in disposable income, this seems like a significant opportunity for brands and retailers,” Stephanie Benedetto, co-founder, and CEO, Queen of Raw, told CoinGeek.

Queen of Raw, together with MIT Solve, released a no-code mobile e-commerce impact measuring tool on the blockchain. The Fabric Footprint Impact Report meets the increasing consumer demand for greater transparency. It allows buyers, sellers, and consumers to see sustainability metrics quickly and easily where they can make informed choices with the swipe of a smartphone, track progress, and get rewarded for brand engagement. The impact report is also available to brands as a white-labeled offering, with a single sign-in for ease of use.

“The Fabric Footprint Impact Report empowers all participants across the supply chain in real-time and utilizes impact-analysis technology that requires no more than a smartphone to access,” Phil Derasmo, Co-Founder and CTO of Queen of Raw, said. “Removing any guesswork and keeping track of environmental and economic progress while accessing a trusted network, so companies can solve a very real problem in the face of climate change quickly, easily, and cost-effectively with no-code,” because everyone needs to understand the impact of their purchasing decisions.

100+ startups driving innovation in recommerce tech

Queen of Raw, Lizee, and EON were named leading startups in recommerce tech by CB Insights. Consumer demand for more sustainable and affordable products is driving the shift to a more circular economy and one of the main pillars of this is recommerce, or giving old items new life instead of discarding them.

From retail-as-a-service to authentication to managed marketplaces, companies in the retail industry are making the process of giving old items new life more seamless and efficient.

SAP, Unilever Pilot Blockchain Technology Supporting Deforestation-Free Palm Oil

SAP and Unilever today announced a pilot of the GreenToken by SAP solution to further increase traceability and transparency in Unilever’s global palm oil supply chain.

Anthill, A Text Messaging-Based Platform Supporting Deskless Workers, Announces Win at 2022 SXSW Pitch Event

Anthill, a text messaging-based platform supporting deskless workers, has been named the 2022 winner of the Future of Work category at the 14th annual South by Southwest (SXSW) conference in Austin, Texas. One of just 9 category winners, and 45 finalists to present the most innovative tech from around the world, Anthill made its pitch on March 12 to a live audience which included a panel of expert judges.

“It was an amazing experience to represent and win in our category at SXSW,” said Muriel Clauson, Co-founder and CEO of Anthill. “It was an honor to present our tech among the world’s best innovators. Hearing their pitches was inspiring and will only encourage us to continue to challenge how we develop tech for deskless workers.”

According to SXSW Pitch event producer Chris Valentine, Anthill represents one of the 50% of company startups in the tech sector this year with at least one female founder. The Anthill SXSW pitch team included Clauson, CTO Young-Jae Kim, and Marketing & People Ops Leader Jennifer Harris-Kroll.

“We started this company for the 2.5 billion workers who lack access to employer support because they don’t work at computers,” said Clauson. “It was exciting to see the judges and audience resonating with the importance of building for this population.”

Three SAP.iO Startups Named to CB Insights’ Retail Tech 100

The Retail Tech 100 is CB Insights’ annual ranking of the 100 most promising B2B retail tech companies in the world. This year’s winning companies include vendors working on hyper-personalized shopping experiences, blockchain-powered commerce, autonomous delivery, virtual shopping, and more.

The following SAP.iO startups were ranked this year:

Supply Chain Visibility: Shippeo
E-Commerce Logistics & Fulfilment: parcelLab
E-Commerce Merchandising & Discovery: Constructor.io

They were chosen based on several factors, including data submitted by the companies, company business models and momentum in the market, and Mosaic scores, CB Insights’ proprietary algorithm that measures the overall health and growth potential of private companies.

The tech.mn Podcast: Making Manufacturing Connections With David Klein of Inspectorio

It’s safe to say that for most consumers, any thought of “manufacturing” lives and dies on whatever store shelf they decide to grab their shampoo from. But there’s a lot — LOT — more that goes into any good reaching that shelf in the first place. Unfortunately, the process is so complex that a lot of important data gets muddied thanks to the often outdated process used to track it. David Klein, Co-founder and President of Inspectorio, is out to change that.

Listen Here…

SAP.iO In HR & People Engagement, Singapore, Funding Announcement

wagely nets additional $8.3m in oversubscribed pre-series A funding

wagely, Asia’s fastest-growing financial wellness platform has raised $8.3 million in an oversubscribed pre-series A funding as the company scales its platform to help workers access their earned salaries on demand in Indonesia and Bangladesh. The funding comes in just seven months after securing its seed funding.

The oversubscribed round was led by East Ventures (Growth Fund) with participation from existing backers, including Integra Partners, the Asian Development Bank, Global Founders Capital, Trihill Capital, Blauwpark Partners, and 1982 Ventures which brings the total funding raised to $14 million in less than two years.

wagely also disclosed that it secured the backing of Central Capital Ventura, the VC arm of Indonesia’s largest private bank, Bank Central Asia (“BCA”). The investment into wagely underpins the commitment to expand the digital financial ecosystem and drive financial wellness solutions across Indonesia.

With stagnant incomes, rising costs of living, and lack of savings, workers are under daily pressure staying afloat financially. The options for this segment are very limited when faced with an urgent need for cash. The result is a vicious cycle of repeated reliance on payday loans and other costly financial products leading to omnipresent financial stress among the workforce. Launched in 2020, wagely is building a holistic financial wellness platform with earned wage access (“EWA”) at its core that lets workers of partner employers access their earned wages in real-time. The concept, which has been proven in several markets across the globe, has been adopted by some of the most renowned organizations, including Walmart, Pizza Hut, and Visa, to reduce turnover, enhance productivity, and increase business savings.

Innovative supply chain solution secures £5m in funding to expand in Europe

Flowlity, an innovative AI-based supply chain planning and forecasting solution, has secured £5 million in funding, led by Fortino Capital, to expand throughout Europe. The funding will be used to accelerate its development with the aim to becoming an industry leader by providing innovate ways of reducing waste across the entire supply chain – enabling companies to save money and reduce their carbon footprint.