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Solar-tech developer BladeRanger acquires Raycatch assets

BladeRanger, the developer of an autonomous solar panel cleaning robot, has acquired the assets, operations and 400,000 shares of climate tech company Raycatch Ltd. for approximately $1.5 million.

The acquisition will allow BladeRanger to expand its footprint in the Israeli and global renewable energy markets. It will supply a holistic solution to solar fields and sites, enhancing efficiency and profit and delivering significant savings in operating costs in the energy generation process.

Raycatch is responsible for the development and sale of Deep Solar: a solar field management platform that performs advanced automatic analysis and monitoring in order to streamline and maximize renewable electricity generation efficiency.

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Vue Storefront wins best e-Commerce and retail startup at The Europas Tech Startup Awards 2022

Vue Storefront, a technology company that develops software for businesses to create fast, modern and high-performing online storefronts, was crowned a winner at The Europas Tech Startup Awards 2022, picking up the prize for hottest e-Commerce and Retail tech startup.

One of the most high-profile technology awards in Europe, The Europas recognize the continent’s most ambitious and successful startups. Already in its fourteenth year, previous winners include Spotify, wise, SoundCloud, Deliveroo and Starling.

Patrick Friday, CEO, Vue Storefront: “We’re honored to receive this award and take our place among such illustrious previous winners. It’s testament to the hard work of our talented team and shows that, as a company, we’re moving in the right direction. Thanks to our investors for believing in our vision, to our customers and partners for trusting in our product, and to our huge global community of developers, who have been with us since day one – driving us to continually improve our technology.”

Borys Musielak, Partner, SMOK Ventures: “As Vue Storefront’s first institutional investor, it’s thrilling to witness its growth and the successes of the founding team. That it has been named the best e-Commerce startup in Europe is no surprise at all. This is a company that will help define digital commerce in the coming years and its potential for growth is unlimited.”

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SAP.iO Launches Carbon Accounting Startup Program to Help Customers Enhance Sustainability Efforts

October 19, 2022 SAP SE (NYSE: SAP) launched a virtual startup program focused on carbon accounting at the SAP.iO Foundry Tel Aviv. A jury of SAP experts, partners, investment funds, and SAP customers, including ABInBev, DSV Global Transport and Logistics, and more, selected six international startups to join the program and build partnerships with SAP.

The increased awareness of sustainability has impacted consumers and investors alike. They are more and more choosing socially and environmentally responsible companies that consider their impact on people and the planet in their business activities. The finance sector continues to evolve as people and businesses transform how they spend, save, borrow, and invest.

SAP.iO Foundry Tel Aviv introduced the “Carbon Accounting” program to help customers enhance their sustainability efforts. The startups will work with the Foundry team as well as leading companies from various fields on integration and partnership with SAP.

Gunther Rothermel, Senior Vice President and Head of SAP Sustainability Engineering, “Data is a critical driver toward sustainability success. Enterprise data collection is a challenge where SAP helps its customers on their journey to Net Zero. It is about using the right tools and the latest innovation to achieve this goal.”

During the program, the startups will have access to curated mentorship from SAP executives, exposure to SAP® technology and application programming interfaces (APIs), and opportunities to collaborate with SAP customers worldwide. This includes creating new partnerships and value propositions.

The following startups are participating in the program:

  1. Connect Earth offers API-based data products that track the carbon footprint of financial transactions.
  2. ESGgo leverages machine learning to analyze and optimize enterprise environmental, social and governance (ESG) posture and score.
  3. ESG Enterprise provides integrated SaaS and data analytics for businesses to reduce compliance costs, automate carbon accounting, data collection, and reporting.
  4. SustainCert enables the digital verification of impact claims across carbon markets and value chains, bringing credibility to climate action.
  5. Sustain.Life enables companies to easily measure, manage and report their ESG impacts for shareholders and regulatory disclosure requirements and requests using global regulatory frameworks.
  6. Unravel Carbon helps companies track and reduce their carbon emissions, specializing in Scope 3.

About SAP.iO
SAP.iO delivers new partnerships and products for SAP by accelerating and scaling startup innovation as well as incubating employee ventures. SAP.iO brings together innovators from every region, industry, and line of business to transform how businesses run. Since 2017, SAP.iO has helped 450+ external startups, and internal ventures accelerate their growth while enabling thousands of SAP customers to access innovation. For more information, visit http://sap.io/.

Unlocking value from smart meter data with NET2GRID

There is no doubt that we are facing a harder winter than ever before. We hear more reports on the news about low-income families in Europe that simply can’t afford to pay they energy bill. With the current uncertainty in the international geopolitical arena, combined with the changing climate due to global warming, such situations will only repeat themselves more and more.

Smart meter data can actually be very valuable for energy suppliers and utilities in such times and can help them better adjust and expand their services. This is exactly why we partner with companies like NET2GRID. The NET2GRID solution will improve three capabilities:

1. Better customer experience, by giving insights to households about their energy consumption. NET2GRID delivers a white label app or an API which energy suppliers can integrate into their own energy app.

2. The second one is customer intelligence, by building profiles of customers and better knowing your customer. Thus, enabling energy retailers to give targeted advice and offers to their customers to become more energy efficient

3. Enabling better demand forecasting in their energy procurement and reduce imbalance costs by considering distributed energy resources like EV and Solar PV using disaggregated data.

Listen in as Lior Weizman from SAP.iO, Berend Olde Rikkert, Chief Commercial Officer at NET2GRID (an SAP partner), and Jörg Ferchow, Chief Solution Manager at SAP, discuss how energy suppliers and utilities can better leverage their smart meter data.

Jebbit Releases Sixth Consumer Data Trust Index Revealing Ranking Consumer Trust in World’s Leading Brands

Study Reveals Opportunity for Brands to Improve Consumer Data Privacy Education and Communications; Data Collection Remains at the Core of Consumer Trust

75% of brands report greater difficulty building and maintaining trust with their customers post-pandemic, although online shopping is up 63%

Jebbit, the provider of the world’s leading Zero-Party data platform, announced the release of their annual Consumer Data Trust Index (CDTI), a report surveying consumer trust in 100 of the world’s leading traditional, small, and D2C companies. The survey methodology asks adult consumers in the United States to rate, on a scale of one to 10, their level of trust in brands to use their personal data in exchange for more relevant offers, goods and services, and elicits feedback on how much control consumers want over their data and how it is utilized. The recurring study, first published in 2018, indicates consumers’ distrust in major brands continues to increase as many businesses that once held top spots on the consumer trust index have made major shifts down the ranks.

In 2021, data privacy took center stage with the passage of the Data Protection Act of 2021, Google and Apple’s hallmark operating systems privacy changes, and Google’s announcement of their plans to phase-out the use of third-party cookies. This year’s report revealed 71% of consumers surveyed support federal data privacy legislation, yet 30% were unaware that Apple and Google made data privacy changes at all, indicating there’s a huge opportunity for brands to better educate consumers. In fact, 49% of consumers polled stated that data transparency communications, cookie consent banners, and privacy emails make them trust a brand more. The report supports the rise of first-party data and trends like quiz commerce, which has become the leading strategy for brands across the globe to exchange privacy-safe data in a way that builds, rather than erodes, consumer trust.

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Meet Wisy, the Cloud Wars Startup and Innovator of 2022

The Innovation Path at Cloud Wars Expo featured cloud-native startups; judges selected a short-list of five top competitors, and a Cloud Wars Startup of the Year. The overall winner was Wisy.

Wisy is featured on Episode 22 of the Cloud Wars Horizon Minute — a video which features news and commentary hosted by Acceleration Economy analyst Tom Smith. Each episode provides insights into one or more Innovation Accelerators on the Cloud Wars Horizon. This is a special episode focused on the Innovation Path at Cloud Wars Expo and the winner, Wisy, which was profiled previously along with the other participants in the event.

Watch Episode Here…

Wisy Retail Intelligence App Headlines Cloud Wars Expo Innovation Stage

Cloud Wars Expo Day Three concluded with a flurry of quick-hit presentations from industry startups on the expo floor’s aptly-named Innovation Stage. An array of services, apps, and tools were presented to a panel of four Acceleration Economy experts, including Cloud Wars Founder Bob Evans. From on-demand spare parts to products designed to streamline and diversify hiring processes, the focus of each presentation aimed to solve one of today’s universal business challenges.

Each presenter was held under a hard cap of just three minutes to present their unique business solutions, with five — CloudthreadCrosschqInsiteNajaxa, and Specright — earning their way onto the judges’ designated “short list” and qualifying for $20,000 of additional marketing aid each from the Acceleration Economy platform.

SAP.iO Launches Resilient Supply Chain Startup Program in Collaboration with Accenture

April 06, 2022 SAP SE (NYSE: SAP) has launched a virtual startup program focused on building a resilient supply chain at the SAP.iO Foundries Munich and Tel Aviv. A jury of experts from SAP and Accenture, alongside SAP partners and SAP customers including Siemens, Porsche Digital selected 12 startups from four supply chain domains to join the program.

The program builds upon SAP and Accenture’s long-standing partnership and shared commitment to using technology to help the world build a more resilient Supply Chain. The startups in this cohort will receive curated mentorship, access to SAP technology and application programming interfaces (APIs), and exposure to SAP and Accenture customers to develop high-impact proofs of concept.

Supply chain operations often represent the greatest area for risk and loss in many companies. By their nature, supply chains are globally dispersed and complex in their functionality. This makes them especially vulnerable to risk. Resilient supply chain technologies reduce risk by allowing visibility into all operations across the network – and empowering businesses to optimize and adapt their processes and logistics in real-time.

To address these challenges in the world’s supply chains, SAP.iO Foundries Munich and Tel Aviv joined forces and introduced the “Resilient Supply Chain” program. The cohort is the largest to date. The startups will work with the Foundries as well as leading companies from various fields on integration and partnership with SAP.

According to Jan Gilg, President and Chief Product Officer SAP S/4HANA, “A resilient supply chain, with risk strategies in place, predicts, responds and recovers from unanticipated events by either returning to its original state or morphing into a state that is even better at profitably meeting customers’ needs. It is about using the right tools to make the right business decisions, even under pressure.”

Over the next 14 weeks, the startups will have access to curated mentorship from SAP executives, exposure to SAP® technology and application programming interfaces (APIs), and opportunities to collaborate with SAP customers around the world. Their work includes creating new partnerships and value propositions that help solve key supply chain challenges.

The following startups are participating in the program:

Business Planning & Resiliency

Transportation Management

  • MIXMOVE AS – Pushing the boundaries of performance, efficiency and sustainability in logistics.
  • Portcast – Real-time predictive visibility and demand forecasting

Warehousing and fulfillment

  • CognitOps Inc.  – Automate your warehouse management
  • Logidot – Optimize your industrial logistics and production with real-time tracking
  • Magazino GmbH – builds and develops intelligent, mobile robots that automate material supply in production logistics.
  • Picavi GmbH – Pick-by-Vision for cost reduction in your warehouse
  • Verity –  Information and insights when and where you need them–powered by self-flying drones

Last-Mile Delivery

About SAP.iO
SAP.iO delivers new partnerships and products for SAP by accelerating and scaling startup innovation as well as incubating employee ventures. SAP.iO brings together innovators from every region, industry, and line of business to transform how businesses run. Since 2017, SAP.iO has helped 300+ external startups and internal ventures accelerate their growth while enabling thousands of SAP customers to access innovation. For more information, visit http://sap.io/.

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.

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A New Israeli Startup Converts WhatsApp Messages into an Information Vault of the Company

The serial entrepreneur Amir Haramaty reveals his new startup, which aims to organize the information of the organization. Haramaty describes how he will perform this in a different manner, why he opened an office far away from Tel-Aviv and why he prefers to employ combat soldiers without a technological background.

Tell me if this sounds familiar: you are concluding one more meeting, whether through Zoom, in or out the office – and you want to summarize the meeting.

After all, a large amount of important information is discussed during these meetings. When will you be able to do this? When you return to the office, in the evening, or perhaps even the next day? And what amount of that critical information will be included in the email summary, which will then be concealed in the mountain of emails? And what happens when you, or the person who receives your summaries, leaves the organization? Where does all this information end up?

It is estimated that only 10% of the critical information is stored in the organization, and even less is documented and shared with the rest of the organization.

The Israeli startup aiOla, which we are revealing today for the first time, wants to address exactly this agonizing problem, and to do so without complex interfaces or the application of new software.

aiOla is not just another tool which forces all your employees to learn the new interfaces and menus, not to mention the headaches that could cause you to postpone the on-the-job training, but a solution which connects to the main communication sources currently being used in the organization, whether it be WhatsApp, Slack, Microsoft Teams or more or less any other communication app. Amir Haramaty, the serial entrepreneur behind the startup, assured me that “If you know how to work with WhatsApp, you will know how to work with aiOla”.

The concept of aiOla is both simple and complex. Have you just finished a meeting or a session? You simply send an audio message to an aiOla bot that is connected to one of your communication services, and describe in your own words everything that occurred and everything you experienced.

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London-based startup Mention Me helps businesses to turn customers into engines for business growth

Pushing your brand to new customers and getting it known and recognised is one of the hardest parts of starting or growing a business. Increasingly common e-commerce businesses that have no physical presence can’t rely on footfall, on people just popping in on their way past – something that even physical shops experience less and less as our society becomes busier and we tell ourselves more frequently that we don’t have time – and it’s vital for them to be able to get word of their existence to online shoppers. But being active on social media and buying banner ads here and there isn’t enough.

London-based customer advocacy startup Mention Me has created a platform through which businesses can increase customer acquisition, drive growth, and increase revenue. The startup currently works with over 450 brands, using unique and sophisticated data analysis to fuel sustainable growth through referral marketing and customer retention.

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Hexa Selected for the LG Nova Program

LG’s innovation center — LG Nova among friends — today announced that it has selected the first 50 companies for its Mission for the Future global challenge competition. From 1,300 applicants, the company picked its first cohort to start building opportunities with the startups. Nova itself is a counterpoint to profit-focused corporate venture capital outfits, and is instead focusing on abilities to collaborate with the LG conglomerate across the board, in a few key verticals: the metaverse, connected healthcare, smart homes, electric vehicles (EV) and the wonderfully fuzzily named tech for good.

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Pecan AI raises $66 million in Series C funding round

Israeli analytics and data science startup “Pecan AI” announced Wednesday that they have raised $66 million in their latest Series C funding round. The funds will be used for research and development.

Pecan AI has raised over $100 million in VC funding in the last twelve months alone. Its Series C round was led by New York-based global private equity and venture capital firm Insight Partners, with participation from GV (formerly Google Ventures) and existing investors S-Capital, GGV Capital, Dell Technologies Capital, Mindset Ventures and Vintage Investment Partners.

“We believe that any company should be able to deploy AI-based predictive analytics, even without data science resources on staff,” said CEO and co-founder Zohar Bronfman. “This new funding will help us scale Pecan further to overcome the data science scarcity gap, enabling our customers to move beyond outdated data-mining techniques that offer little value in predicting future outcomes.”

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Jebbit Raises $70 Million Strategic Growth Investment From Vista Equity Partners

Jebbit, provider of the world’s leading zero-party data platform, has received a $70 million strategic growth investment from Vista Equity Partners, the leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses. The growth capital will help the company scale across all departments to further accelerate its mission to help brands deliver personalized digital experiences that collect data that is willingly and intentionally shared by a consumer (“zero-party data”).

Jebbit’s no-code platform enables companies to build beautiful interactive product and personality quizzes, lookbooks, trivia, lead generation forms and more that gather zero-party and first-party data. Jebbit experiences help brands drive higher engagement, lead capture and conversion while maintaining data privacy and security. In a world where cookies and ID’s will no longer be a reality, Jebbit’s solutions empower companies of all sizes to gain deep customer insights that fuel engagement and increase sales. Jebbit’s easy-to-launch, no code quizzes offer seamless integration and scalability, making them ideal for small- and medium-sized business as well as large global enterprises, across a wide range of industries, including consumer packaged goods, retail and commerce, travel and hospitality, and financial services.

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Mention Me secures £18.5 million Series B investment led by Octopus Ventures

Mention Me, the customer advocacy platform, has secured a $25m Series B round, led by Octopus Ventures. Lead investor from the prior round Eight Roads Ventures also participated.

The London-based scale-up helps businesses turn referrals into a strategic channel for acquiring high-quality customers, while gathering valuable first-party data that amplifies wider marketing activity.

Mention Me will use the funds to support its vision to make every brand think advocacy-first by expanding into the US, investing in its partner network (which includes Klaviyo, TrustPilot, Ometria and SAP) and developing its product offering. This includes further development of Mention Me’s approach to applying AI and machine-learning to referral data, so brands can more effectively identify their biggest fans and optimise the wider customer experience to drive customer advocacy.

The platform’s unique Referral Engineering® technology has already delivered more than 4.5 million referrals totalling more than USD $1.5 billion in revenue for clients globally. Sports brand Puma, international franchise Pret a Manger, InsurTech unicorn Bought By Many, Europe’s leading online florist Bloom & Wild and international fashion retailer ASOS are among its 450-strong client base.

The funding will also be used to grow the team following a series of senior hires. This includes Roy Robinson from Boxever as CPO to lead product development, Ash Rama, previously at Trustpilot, as VP People and Rebecca Hooley joining from private equity firm Livingbridge as CFO.

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