TechDay UK - The United Kingdom's, technology news network

Investment stories

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UK space investment soars, creating jobs & educational prospects
Today
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spacetech
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jobs
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investment
Investment in the UK's space sector has surged by 435% since 1990, creating nearly 49,000 jobs and fostering educational opportunities for future generations.
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JLL appoints regional co-heads for Asia Pacific data sector
Yesterday
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dc
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investment
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facilities management
JLL has expanded its Asia Pacific data centre capital markets platform, appointing Luke Jackson and Bob Tan as regional co-heads to enhance investor services.
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Commpete backs AUD $3bn fibre upgrade, urges caution
3 days ago
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uc
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digital transformation
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telco
Commpete has cautiously welcomed the Australian Government's AUD $3 billion investment to upgrade fibre connections, urging attention to emerging technologies and timeline adherence.
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Harvey Norman reports mixed Financial Results for FY2024
4 days ago
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harvey norman
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investment
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financial results
Harvey Norman New Zealand reports a 6.1% drop in revenue to NZD $1.05 billion for FY2024, yet maintains profitability with a net profit of NZD $33.4 million.
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SOUTHSTART event expected to drive innovation & connection
4 days ago
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collaboration
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agritech
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investment
Australia's leading start-up festival, SOUTHSTART, has revealed its 2025 programme, taking place in Adelaide from March 4 to 6, to connect industry leaders.
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Keir Starmer unveils AI action plan to drive growth & innovation
4 days ago
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edutech
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digital transformation
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data privacy
In a bid to enhance its position in AI innovation, Prime Minister Keir Starmer has unveiled the AI Opportunities Action Plan, aiming for GBP £47 billion growth and ethical standards.
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Patients Know Best secures GBP £6m for PHR expansion
Last week
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healthtech
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capital
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digitalisation
Patients Know Best has raised GBP £6 million in funding from Growth Lending to enhance its Personal Health Record platform, supporting NHS digitalisation efforts.
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Quantum computing remains distant despite advancements
Last week
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paas
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encryption
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iaas
A Forrester report reveals that while quantum computing has made strides, practical applications remain a decade away due to persistent challenges.
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Seeing Machines secures GBP £26.2m from Mitsubishi Electric
Last week
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collaboration
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investment
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seeing machines
Seeing Machines has secured a £26.2 million investment from Mitsubishi Electric Mobility to enhance driver monitoring technologies and expand in the automotive sector.
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Mail Metrics acquires Adare SEC, boosts UK market presence
Last week
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public sector
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investment
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ey
Mail Metrics has acquired Adare SEC, its fourth purchase in four years, expanding its workforce and boosting UK revenue projections to GBP £175 million.
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Railway operators to invest $1.2 billion in 5G LTE by 2027
This month
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uc
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telco
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digitalisation
Railway operators are set to invest $1.2 billion in 5G LTE technology by 2027, marking a significant shift towards modern communication infrastructures.
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SandboxAQ secures $300m to advance AI quantum tech
Last month
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llms
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ai
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cybersecurity
SandboxAQ has secured over $300 million in funding, bringing its pre-money valuation to $5.3 billion as it advances in AI and quantum technology.
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Keepit secures $50 million to boost global expansion
Last month
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saas
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data protection
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investment
Keepit has secured $50 million in funding to bolster global expansion and innovate its data protection services, raising total funds to $90 million.
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TechWorks unveils strategy to boost UK semiconductor sector
Last month
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semiconductors
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digital transformation
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quantum computing
TechWorks has unveiled a strategic report aimed at revitalising the UK semiconductor industry, targeting USD $100 billion in value over ten years.
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GenAI in action: Transforming APAC business functions to deliver superior customer experiences
Last month
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digital transformation
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cx
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martech
In APAC, the rise of generative AI is reshaping customer experience, with 30% of Indian firms planning major investments in the technology over the next 18 months.
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OfficeMax invests NZD $750,000 in wearable tech upgrade
Last month
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wearables
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network infrastructure
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supply chain & logistics
OfficeMax has invested NZD $750,000 in wearable glove scanning technology to enhance productivity by 20% at its Auckland Distribution Centre.
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Maori-led fund seeks $100 million with Ethereum focus
Last month
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cryptocurrency
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fintech
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blockchain
A Maori-led fintech initiative in New Zealand aims to raise over $100 million in investment with the launch of the Quay Cove Ethereum Growth Fund.
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Databricks raises USD $10 billion, valued at USD $62 billion now
Last month
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data analytics
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ai
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investment
Databricks secures USD $10 billion in Series J funding, valuing the data and AI firm at USD $62 billion, as it plans major global expansions.
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DigitalX raises USD $15.4m with placement & rights issue
Last month
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cryptocurrency
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blockchain
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bitcoin
DigitalX has raised USD $10.3 million and plans a rights issue to secure another USD $5.09 million, amid strong investor backing ahead of a key meeting.
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The future of CFOs: Five predictions for 2025 and beyond
Last month
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digital transformation
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risk & compliance
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ai
As 2025 approaches, the role of the CFO in Australia is transforming, with investors favouring financial expertise over CEO leadership amid rising economic challenges.