SaaS

Edgee, an innovative platform specializing in open-source edge computing, recently secured $2.9 million in funding. This investment will help Edgee tackle modern data processing challenges and provide developers with powerful new tools to build fast and scalable applications. Edge Computing Moves Data Processing Closer to the User Edgee is built around edge computing, a method that moves data processing to the “edge” of the network, closer to the end-user. This reduces latency and boosts performance, making applications run faster. As co-founder Sacha Morard explains, “We’re offering developers a full suite of edge services, from AI to cybersecurity, in an open ecosystem designed for speed and scalability.” By allowing developers to process data closer to the source, Edgee is surely revolutionizing the traditional approach to data handling. Tackling the Data Collection Dilemma: “The Big Lie” One of the main problems Edgee addresses is what the team calls “The Big Lie.” Traditional data collection methods lose 25% of users and 30% of data volume due to ad blockers, privacy regulations, and performance issues. Edgee’s solution brings data processing to the edge of the network, ensuring complete and reliable data collection. “Our platform guarantees that companies collect all the data they need, while maintaining performance and complying with user consent laws,” says Gilles Raymond, co-founder of Edgee. Open Source Edge Computing Solutions for Developers At its core, Edgee provides developers with an even more revolutionary way to collect data using open-source technology. Their platform offers customizable WebAssembly components, which developers can modify to suit their specific project needs. “We’re lowering the barrier to entry for developers,” says Sacha, “allowing them to build faster, more responsive applications without compromising on performance or compliance.” With a focus on flexibility, the open-source nature of Edgee empowers developers to innovate more freely. Serverless Architecture for Seamless Integration Edgee also features a serverless architecture that simplifies deployment, making it easier for companies to adopt and scale their platform. By offering a serverless option, Edgee ensures that businesses can quickly implement their solutions without extensive infrastructure needs. This approach allows companies to focus on innovation rather than on managing complex servers. Future of Open Source Edge Computing With the $2.9 million in funding, Edgee is undoubtedly well-positioned to expand its platform and continue innovating in edge computing. The company plans to grow its suite of services, including AI-driven analytics and cybersecurity tools, all powered by its open-source ecosystem. “This is just the beginning,” also says Sacha. “We’re committed to building a transparent, collaborative ecosystem that drives innovation in edge computing and beyond.” Edgee is not only providing developers with the tools they need to solve today’s data challenges but is also setting the stage for the future of edge computing. With its focus on performance, privacy, and scalability, Edgee is poised to become a key player in the tech landscape.

As digital assets become essential for seamless customer experiences, POWER.xyz leads in helping retailers optimize 3D asset management. Co-founded by Clément Foucher in 2022, the company operates from Vierzon, Paris, and Hong Kong. Their team of 20 altogether includes five 3D designers and twelve developers. Their SaaS platform scales digital asset production, enhances customer experiences, and boosts efficiency across industries. Comprehensive 3D Asset Management POWER.xyz offers an all-in-one platform for managing digital assets like 3D models, digital collectibles, and gaming content. It basically helps retailers integrate 3D technology for real-time web experiences, AI-driven content creation, and photorealistic rendering. Foucher emphasizes, “Our solution is a one-stop shop for managing 3D assets, from production to real-time experiences, and AI-generated lifestyle content.” Generally this seamless approach allows brands to scale 3D content creation without the usual technical challenges, giving them a competitive edge. High-Profile Clients and Effective Acquisition Strategy POWER.xyz’s impressive client list includes luxury and retail giants like LVMH, Stellantis, Maje, Renault, Michelin, and Vanessa Bruno. The company has effectively leveraged business fairs and word-of-mouth marketing as primary components of its customer acquisition strategy. “We’re attending business fairs globally, and word-of-mouth has been highly effective,” Foucher explains. He underscores how these tactics have positioned POWER.xyz as a trusted partner for high-end brands. Strong Financial Growth and Profitability POWER.xyz has experienced remarkable financial success. The company’s fundraising journey was notably smooth, with Foucher sharing that they signed €500,000+ worth of deals within a few months. In 2022, they successfully raised €3.5 million, driven by strong commercial traction. Foucher confidently projects, “We will be profitable by the end of this year,” which is a significant achievement given that only 15% of SaaS companies indeed reach profitability in their early years. With potential plans for another fundraising round in 2024, POWER.xyz is on a promising path of sustained growth. Customer Success and Data Security Customer satisfaction is obviously at the heart of POWER.xyz’s operations, backed by a dedicated Customer Success Management (CSM) team that ensures smooth project launches and ongoing client support. This commitment helps maintain low churn rates, which is essential in the competitive SaaS landscape. Additionally, data security and GDPR compliance are top priorities, with a specialized team dedicated to protecting customer data. Ambitious Growth Plans Looking ahead, POWER.xyz is focused on scaling its operations while serving over 25 prominent clients across luxury, retail, and industrial sectors. They have structured their pricing model to ensure profitability while delivering substantial client value. With an eye toward the future, the company certainly aims to become the go-to solution for 3D asset management in the luxury and retail spaces, continuing to enhance digital customer experiences worldwide.

The B2B Rocks World Pitch Contest is a global competition for AI-driven SaaS startups that offers visibility, mentoring, and prizes. Out of 50 semi-finalists who received free tickets to the B2B Rocks event, the top 10 finalists were selected last week. They awarded a prize package valued at €6,000, including booth space and pitching opportunities. This week, on September 25, during B2B Rocks the winner will be defined and receive an exclusive prize package worth €20,000. This package includes pre-arranged meetings with investors and journalists, an Appvizer campaign to boost visibility and lead generation for their SaaS, and access to the Microsoft for Startups Founders Hub, which offers up to $150,000 in Azure cloud credits, expert mentorship, and free collaboration and development tools such as Microsoft 365, GitHub, LinkedIn, and OpenAI. Meet the Jury Panel This year’s distinguished jury includes: The 10 Top SaaS/AI Startups Finalists At WPC 2024 Crono (England): Crono is revolutionizing time management with its advanced scheduling solutions. Using cutting-edge technology with user-friendly interfaces, Crono helps businesses optimize workflows and productivity. Their platform’s seamless integration with existing tools makes it an invaluable asset for any organization looking to enhance operational efficiency. Pitch Avatar (Austria): Pitch Avatar offers an innovative platform for creating and delivering dynamic pitch presentations. Their technology leverages artificial intelligence to tailor presentations to specific audiences, ensuring that every pitch is engaging and effective. This platform is perfect for entrepreneurs and businesses looking to make a lasting impression. Quick Legal (Romania): Quick Legal provides a streamlined approach to legal services, making it easier for businesses to navigate complex legal landscapes. Their platform offers quick, reliable, and affordable legal advice, helping companies stay compliant and reduce legal risks. Quick Legal’s services are designed to support businesses of all sizes, from startups to established enterprises. Salesforge (Estonia): Salesforge is at the forefront of sales automation technology. Their AI-driven platform helps businesses accelerate their sales processes by automating routine tasks and providing actionable insights. With Salesforge, companies can boost their sales performance and drive revenue growth more effectively. Fun fact: Sesamers spotted this startup at Techchill 2024. Sensia.ai (France): Sensia.ai transforms how businesses analyze and leverage data. Their advanced AI solutions provide deep insights into customer behavior and market trends, enabling companies to make data-driven decisions. Sensia.ai’s technology empowers businesses to enhance their strategies and stay ahead of the competition. Pinmy (Ukraine): Pinmy offers a unique platform for managing and visualizing business data. Their tool simplifies data organization and helps businesses track key metrics easily. Pinmy provides intuitive dashboards and comprehensive analytics to help companies make informed decisions and drive better outcomes. Metagora.tech (France): Metagora. tech is revolutionizing the tech landscape with its innovative solutions for digital transformation. Their platform offers advanced tools for automating and optimizing business processes, helping companies adapt to the ever-evolving technological environment. Metagora. tech’s solutions are designed to enhance efficiency and drive innovation. Chain Fuse (United States): Chain Fuse is pioneering the future of blockchain technology with its robust platform for building and managing decentralized applications. Their solutions enhance security, transparency, and efficiency for businesses leveraging blockchain for various use cases. Chain Fuse’s technology is poised to reshape industries by enabling new possibilities through decentralized systems. Outfindo (Czech Republic): Outfindo redefines how businesses approach customer feedback and market research. Their platform offers advanced tools for gathering and analyzing customer insights, helping companies understand their audience and improve their products and services. Outfindo’s solutions are designed to drive customer satisfaction and business growth. Beink Dream (France): Beink Dream transforms how businesses approach creativity and innovation. Their platform provides tools for brainstorming, idea management, and creative collaboration. By fostering a culture of innovation, Beink Dream helps companies generate and implement groundbreaking ideas that drive success. These finalists represent the forefront of B2B innovation, addressing critical challenges businesses face today. As the B2B Rocks World Pitch Contest 2024 unfolds, these startups are not only poised to impact their respective fields significantly but also to inspire innovation and drive sustainable growth across the industry. 🎟️ Grab your ticket to the B2B Rocks and immerse yourself in B2B SaaS innovation. Join us at Station F in Paris on September 25-26 to support the finalists as they compete in the B2B Rocks World Pitch Contest 2024.