Tech

Orange Digital Ventures stakes EUR11 million in FAMOCO
Tech

Orange Digital Ventures stakes EUR11 million in FAMOCO

Orange Digital Ventures said it has invested 11 million in the FAMOCO company alongside d’Idinvest, Hi Inov, SNCF Digital Ventures, BNP Paribas Développement, BPI-Ambition Numérique and business angels. The company said it participated in the funding round making it the third round after two other rounds in 2013 and 2015 […]

This ExxonMobil’s supercomputer uses 716,800 processors
Tech

This ExxonMobil’s supercomputer uses 716,800 processors

ExxonMobil Corporation now has a supercomputer that uses 716,800 processors to analyse complex oil and gas reservoir simulation models to improve exploration and production results. The company said the project was executed with the National Center for Supercomputing Applications (NCSA). The company said in a press statement that the breakthrough […]

Bitflyer raises USD1.76 million from Mizuho
Tech

Bitflyer raises USD1.76 million from Mizuho

BitFlyer, Japan’s largest bitcoin exchange by volume has announced a new round of fundraising. Tokyo-based bitflyer revealed it had raised new capital from financial firms including Sumitomo Mitsui, Mizuho Financial Group and Dai-ichi Life Insurance Company. A report by Nikkei indicated that the funding equalled roughly ¥200m approximately USD1.76m. According to […]