Startups stories - Page 5

Salus Ventures, an Australian seed-stage venture capital fund, has surpassed its $40m target, powered by a robust investment from Queensland Investment Corporation (QIC).

New tech start-up, p0, emerges from stealth with a unique approach to software testing, having successfully secured $6.5m seed funding led by Lightspeed Venture Partners.

FinTech Australia, backed by Investment NSW, partners with major banks ANZ, Westpac and tech firm 1835i for a reverse pitch event on 21 February 2024, inviting fintechs to solve local banking issues.

Toronto-based Agnostiq, has joined forces with NexGen Cloud's Hyperstack for increased GPU capacity in Agnostiq's Covalent Cloud platform, offering seamless access to high-demand GPU hardware.

Diverse companies outperform less diverse peers, McKinsey report shows, prompting calls for Australian venture capital funds to publicly disclose diversity levels within their investment portfolios.

Snowflake appoints seasoned tech leader Vijayant Rai as new Managing Director for India, tasking him with business expansion and the promotion of the company's Data Cloud across diverse industries.

Weather forecasting firm, Salient Predictions, joins the Insurtech Vanguards programme, advancing insurers' response to climate change with prediction technology.

NEC X's strategic partnership with Persol Innovation's lotsful aims to bolster startups by leveraging the skills of top professionals from Japan's leading companies who enhance their careers through side jobs. This joint venture is set to provide cost-effective talent sources for US-based startups.

Cledara, a SaaS management platform, signs a five-year deal with Cambridge United, renaming of the iconic Abbey Stadium to 'The Cledara Abbey Stadium' from January 2024.

Aqua Security acknowledged as key start-up in inaugural Fortune Cyber 60, heralding rapid growth in cloud-native security.

Birchal, an Australian equity crowdfunding platform, has obtained $2.39m from a successful funding campaign, benefiting local startups. .

Australia's first legal tech accelerator, LawTech Hub by Lander and Rogers, opens applications for its AI-focused 2024 cohort.

GetGloby has partnered with Aleph Group to provide AI-driven ad localisation, aiming to communicate effectively with global audiences.

Biztech Lawyers and Intelliworx predict modest growth in M&A activity, company consolidation, and an upswing in down round investments for 2024 tech industry.

Australian tech startup Leonardo.Ai raises AUD $47m to transform the art industry, after attracting seven million global users.

AI-powered customer data platform Amperity earns AWS Advertising and Marketing Technology Competency status, underlining its advanced data solutions for marketers.

Global IT frontrunner, FPT Software, joins the IBM and Meta-led AI Alliance, advancing open innovation in AI.

ControlUp appoints Steven Hua, a seasoned marketer, as Chief Marketing Officer to accelerate its global customer acquisition and growth strategy.

MongoDB rolls out Atlas Vector Search and Search Nodes, aiming to assist organisations in building and scaling advanced applications.

DataStax and Amazon Web Services join forces to accelerate the delivery of progressive generative AI solutions.