South African payments startup Yoco raises $83M Series C led by Dragoneer – TechCrunch

Small and medium enterprises (SMEs) contribute heavily to the economic success of many countries, particularly those in the developing world. They are the backbone of most economies: Globally, SMEs represent about 90% of existing businesses and create more than 50% of employment. In South Africa, these businesses contribute around one-third of the country’s GDP. Last…

Alphabet launches robot software company Intrinsic to drive localised Industry 4.0

Google parent company Alphabet has announced the launch of a new robotics software company called Intrinsic, spun out of its X research lab, or so-called ‘moonshot factory’. The X division has previously birthed standalone Alphabet businesses including autonomous car company Waymo and life sciences outfit Verily. Intrinsic is focused on developing software tools to make…