African B2B e-commerce startup Sabi tops $300M valuation in new funding

Sabi, a Lagos-based B2B e-commerce startup providing digital commerce infrastructure to Africa’s informal economy, has raised $38 million in Series B funding at a valuation of $300 million, according to two people familiar with the matter, signaling revived investor interest in a B2B e-commerce market going through some reckoning. Frankfurt-based specialist fintech investor CommerzVentures, Stockholm-based…

African B2B e-commerce startup Sabi tops $300M valuation in new funding

Sabi, a Lagos-based B2B e-commerce startup providing digital commerce infrastructure to Africa’s informal economy, has raised $38 million in Series B funding at a valuation of $300 million, according to two people familiar with the matter, signaling revived investor interest in a B2B e-commerce market going through some reckoning. Frankfurt-based specialist fintech investor CommerzVentures, Stockholm-based…

African B2B e-commerce startup Sabi tops $300M valuation in new funding

Sabi, a Lagos-based B2B e-commerce startup providing digital commerce infrastructure to Africa’s informal economy, has raised $38 million in Series B funding at a valuation of $300 million, according to two people familiar with the matter, signaling revived investor interest in a B2B e-commerce market going through some reckoning. Frankfurt-based specialist fintech investor CommerzVentures, Stockholm-based…

How the IoT is shaping the future of rail

During a session at this year’s IoT Tech Expo North America, the audience heard from Joffrey Lauthier, VP of Transit and Rail at WSP, about how IoT technologies are shaping the future of rail. Positioning vehicles accurately and ensuring their safety is a critical aspect of transportation systems. To achieve this, a variety of sensors…