Funding stories

Bloq.it secures EUR €28 million in Series B to expand its smart locker network and acquisitions across Europe, boosting parcel logistics in OOH delivery.

Liveheats secures AUD $1.3m seed funding to expand its digital scoring platform for action sports globally, aiming to boost events and athlete performance.

Elevate NZ Venture Fund commits $10 million to Pacific Channel’s Fund III to boost deep-tech startups and expand investment in New Zealand’s innovation sector.

Stackpack has raised USD $6.3 million to enhance its AI platform that simplifies managing third-party vendor complexities for businesses.

Xensam launches DataBridge, enhancing software asset management with $40m funding and SOC 2 Type 2 compliance for better enterprise IT visibility.

German expense management firm Circula has raised EUR €15 million to boost AI-driven automation, aiming to ease finance teams' workload and expand internationally.

Robinson Research Institute secures $71 million over seven years to boost New Zealand's advanced magnetic technology and materials innovations.

Wayflyer celebrates five years by deploying USD $5 billion to over 5,000 small businesses globally and launching three new non-dilutive financing products.

Wazoku and China's NICE launch a USD $4 million grant initiative supporting tech innovators in the Yangtze Delta across five key sectors.

YFM Equity Partners boosts investment in WorkBuzz to GBP £8.8m as the platform's revenue nears GBP £5m, backing AI-driven employee engagement growth.

Lattica exits stealth with $3.25m in funding to pioneer practical Fully Homomorphic Encryption for secure, cloud-based AI in sensitive sectors.

Socket has acquired cybersecurity startup Coana to enhance its supply chain security platform, cutting false positives by up to 80% for faster threat remediation.

ConnectID has partnered with Caresquare to enhance identity verification in the NDIS, tackling fraud that costs AUD $2 billion annually.

Gridsight has secured $7.5 million in Series A funding to enhance its AI-powered software, aiding energy operators in navigating Australia’s energy transition.

In the fast-paced tech industry, founders risk stagnation by prioritising speed over strategic learning, potentially overlooking vital market shifts.

SigIQ.ai has launched from stealth mode, raising USD $9.5 million to enhance its AI tutoring tech, aiming to reshape education accessibility globally.

Prowler has raised USD $6.5 million in a seed-extension round, totalling USD $12.5 million, to enhance its open cloud security solutions amidst rising digital threats.

Fintech firm Yavrio has expanded its services by integrating corporate banking with five major US banks, enhancing transaction efficiency and security.

Databricks is expanding its footprint in Australia and New Zealand, aiming to boost AI capabilities and workforce to over 200 by year-end amid rising demand.

Iceberg Quantum has raised USD $2 million in pre-seed funding and partnered with PsiQuantum to advance fault-tolerant quantum computing architectures.