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Māori trades start-up raises $500k, sparks interest from venture capitalists

Māori trades start-up raises $500k, sparks interest from venture capitalists
28 Feb, 2021 04:00 PM
3 minutes to read
Josh Faraimo and Jarome Cavubati, co-founders of Kwotimation. Photo / Supplied
Aimee Shaw is a business reporter focusing on retail, small [email protected]@AceeyShaw
The founders of an automated quotation platform designed for tradies are bucking the capital funding trend they say typically favours men and those from Pākehā backgrounds.
Tiler Josh Faraimo, co-founder of Kwotimation, which he started
with mate Jarome Cavubati, has successfully raised $500,000 in a pre-seed capital round and attracted the attention of multiple angel investors.
The Auckland pair s technology that addresses the most common bugbear for tradies - creating a quote and securing the job - was designed with tilers in mind, but will be expanded further to cater for other tradespeople. ....

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Mizuho Financial : Japan's Mizuho Bank reports large-scale ATM system failure

Mizuho Bank said Sunday a glitch affecting some of its automated teller machines had prevented customers from withdrawing money.
The system failure apparently occurred nationwide, one of. | March 5, 2021 ....

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Check Point Software Expands its Unified Cloud Security Platform to Deliver Next Generation Cloud Native Application Security and API Protection

New fully automated solution enables enterprises to secure all their cloud-native applications against known and zero-day attacks, using contextual AI technology, to overcome the limitations of traditional rule based WAFs ....

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Coles charts the rise of omnichannel shopping

By
Kate Weber
on Feb 17, 2021 12:55PM
Looks to make improvements to tap into increased consumer spend.
Coles Group has revealed that omnichannel customers - those that shop both in-store and online - spent 2.1 times more with the company than those who shop only one channel.
In its half-year results on Wednesday, e-commerce chief executive Ben Hassing said that “omnichannel customers spent 2.1 times more in total with Coles than did customers that only shopped online or those that only shopped in Coles stores during the most recent quarter.
This is why having an omni-channel approach is an important part of the strategy, Hassing said. ....

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Automated Material Handling Equipment Market worth $76.8 billion by 2026, at a CAGR of 12.0%

(MENAFN - GetNews) [291 Pages] Automated Material Handling Equipment Market categrizes the Global market by Product (Robots, ASRS, Conveyors and Sortation Systems, Cranes, WMS, AGV), System Type (Unit Load, Bulk Load), Industry (Automotive, Metals & Heavy Machinery, E-commerce), and Region. COVID-19 Impact on Automated Material Handling Equipment Industry.
According to the new market research report on the
Automated Material Handling Equipment Market by Product (Robots, ASRS, Conveyors and Sortation Systems, Cranes, WMS, AGV), System Type (Unit Load, Bulk Load), Industry (Automotive, Metals & Heavy Machinery, E-commerce), and Region - Global Forecast to 2026″ The automated material handling equipment market size is expected to grow from USD 43.6 billion in 2021 to USD 76.8 billion by 2026; it is expected to grow at a CAGR of 12.0% from 2021 to 2026. The key factors driving the growth of the market include growing demand for ASRS in e-commerce due to COVID-19, and i ....

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