Australian startup Space Machines Company has a novel offer – the equivalent of satellite tow trucks that are prepared to help out other satellites in-orbit without the need for (you know!) a human. Founded in 2020, the company has already partnered with CSIRO, Optus and SpaceX, so possibly sky’s the limit.
Fintech giant PhonePe has launched Indus Appstore Developer Platform for Android app developers to take on giants Apple and Google. The mobile app marketplace, Indus Appstore, has invited developers to register and upload their apps using its self-serve developer platform. The apps will be listed on the soon to be launched ‘Made-in-India’ Indus Appstore, offering a localised experience in 12 languages.
Neara, which is an infrastructure modeling platform that employs AI to create models for simulations and analytics has raised $10 million (~US$6.35 million) with funding from Dutch VC Prosus Ventures, placing its Series B total funding at $24 million (~US$15.23 million). Neara provides tools that allow engineers and others to optimize and manage large infrastructure by offering simulations that illustrate risks of extreme climate conditions.
Martech keeps taking larger bites out of marketing budgets: 17.3% last year, 19.9% this year, 23.5% next year, and 30.9% five years from now, according to the latest CMO Survey. This despite barely more than half (56.4%) of current tools being used and nearly half (48.8%) of the survey respondents reporting worse-than-expected results. Oddly enough, marketers rate selecting marketing technologies as the thing they do best.