The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of Breadfast, one of Egypt’s leading online grocery platforms, with an equity investment of up to US$ 10 million. The funding aims to accelerate Breadfast’s growth and strengthen its competitiveness in the digital retail market. The investment is part of Breadfast’s Series B2 round, […] The post EBRD backs Egyptian e-grocer Breadfast appeared first on Web-Release.

    IFS, the leading provider of Industrial AI software, announced at Industrial X Unleashed a strategic partnership with 1X Technologies (1X), to jointly industrialize humanoid robotics for asset-intensive industries. The collaboration will combine 1X’s humanoid robots with IFS.ai to develop and deploy production-ready robotics solutions alongside select customers across manufacturing, utilities, aviation and other industrial settings. The […] The post IFS and 1X Technologies Partner to Bring Industrial AI to the Physical World appeared first on Web-Release.