ProcureTech SIGNALS 2022 Issue #7

Welcome to?ProcureTech's weekly LinkedIn newsletter!

Why has VC funding exploded for the tech market? Notion Capital's new Cloud Challengers report reveals why, along with the top 100 early stage B2B Software and Cloud companies across Europe shaping this space, including procuretech solutions like Paid, Stotles, Ch.AI, Contingent.AI and Sourceful.

"When we think about climate change, we should definitely consider the fact that the definition of climate change and every single country on this planet is different."

Lubomila Jordanova

Plan A's CEO and Co-Founder, Lubomila Jordanova, joined us for ProcureTechSTARS to share her thoughts on decarbonisation, integrity, positivity and bad bananas! ?? Find out how Plan A uses its science-driven SaaS platform to automate carbon accounting, decarbonisation and ESG management ??

CDP's latest Global Supply Chain report reveals its supply chain members' procurement spend totals $5.5 trillion! But why have only 5% of suppliers reported that they have put climate transition plans in place - what is stopping others from doing the same???? A Technology backbone is part of the Sustainable Procurement Pathway that CDP recommends.

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You can also check out our?Resource Hub?for insights into the world of digital procurement and much more!

VC funding surpasses $500bn in the tech market ??

Notion Capital's Cloud Challengers report looks at the top 100 early stage B2B Software and Cloud companies across Europe.?

Demand for digital solutions continues to excel, including procuretech solutions like Sourceful, ChAI, Paid, Contingent.AI and Stotles. The report looks at what lies ahead for the tech market, including why VC funding has rocketed and which sectors have benefited most.

Find out which companies have made the top 100 and what's next for the tech market?

ProcureTechSTARS with Lubomila Jordanova, CEO and Co-Founder ??

We caught up with Lubomila Jordanova, CEO and Co-Founder of Plan A, a science-driven certified SaaS platform for automated carbon accounting, decarbonisation, ESG management and reporting that serves customers across the globe.?

Lubomila shared her thoughts on biodiversity, positivity, science-driven solutions, integrity and bad bananas! Join us as she discussed using science and technology to decarbonise businesses of all sizes around the world.

Read the full conversation with Lubomila here.

Only 5% of suppliers report they have put climate transition plans in motion???

CDP's latest Global Supply Chain Report reveals how companies are tackling the ongoing issue of sustainability and supply chain disruption.?

Based on responses from over 11,000 companies, many admitted changing procurement processes seem daunting, with CDP's supply chain members' procurement spend totalling?$5.5 trillion. CDP share their?Sustainable Procurement Pathway which covers key aspects of a sustainable procurement strategy, including the Technology backbone.

Read more about the CDP report here.

News

The news that matters this week.

?? Missed out on Valentine's Day??The Smart Cube reveals how procurement, tech and data go hand in hand?

?? BIG investment news for RapidRatings as they announce a $200m injection to aid growth?

? Archlet suggests how to improve supplier award decisions with scenario-based thinking in Procurement

?? What are the impacts of accelerating digital transformation, according to LevaData?

?? Big congrats to ERP automation platform SourceDay as it secures $31.5m in Series C funding?

?? Demand for software procurement savings heats up - just like Tropic's capital?

?? Download your FREE copy of the ProcureTech100 Digital Yearbook

Experiences

The must-attend digital and procurement experiences...

???Demystifying Cyber Insurance SecurityScorecard?24 February

???TPM 2022 USA Xeneta?27 February - 2 March

???Global Supply Chain Summit FourKites?9 March

???Big Ideas Summit London Procurious?16 March

?? Global Supply Chain & Procurement Transformation 2022 Corporate World Intelligence?29 March

???Risk in the new age; the next wave of Supply Chain disruption (and what to do about it) RapidRatings?On-demand webinar

Podcast

Check out the featured podcast.

?? Hervé Legenvre, Director of the Value Creation Observatory, discusses how professionals are approach innovation inefficiently - and how they can do it the right way. Listen here???

If you enjoyed this newsletter, then please share with your peers and friends, more collaboration and conversation = more inspired action!

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As usual, we'd also love to hear your wisdom, feedback and suggestions on any 'hot'??? digital procurement topics or events you'd like to hear more about or to share.

The ProcureTech Team