Venture Capital stories
Australia positioned for $18.8bn AI economy by 2035
Last week
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data analytics
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risk & compliance
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genai
A report from Microsoft and Mandala Partners reveals Australia could secure $18.8 billion in AI revenue by 2035, emphasising strategic investment and innovation.
Nearly half find AI helpful for customer service: study
Last month
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digital transformation
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cx
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martech
Nearly half of consumers find AI chatbots helpful for customer service, with 48% noting improved experiences, a new study reveals.
Silicon Valley Bank provides USD $50M to Bugcrowd
Last month
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cryptocurrency
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cloud security
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blockchain
Silicon Valley Bank has granted Bugcrowd USD $50 million to enhance its AI-driven cybersecurity solutions and accelerate growth in the global market.
Ben Sekhon named regional VP for OutSystems UK & Ireland
Last month
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low-code
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genai
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ai
Ben Sekhon has been appointed Regional Vice President for the UK and Ireland at OutSystems, focusing on AI-driven strategic growth in the region.
Sensand launches platform to transform carbon credit market
Last month
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agtech
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cleantech
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sustainability
Melbourne's Sensand has launched a pioneering platform aimed at boosting transparency and efficiency in the carbon credit market for Australian businesses.
Paloma Capital launches AUD $25 million tech fund II
Last month
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genai
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ai
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startup ecosystem
Paloma Capital has unveiled its second tech fund, targeting AUD $25 million to invest in high-growth startups across Australia and New Zealand.
Alimetry raises USD $18m for gut health innovation
Last month
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data privacy
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gdpr
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funding
Alimetry has secured $18 million in oversubscribed funding to advance its FDA-approved wearable device for gut health monitoring and diagnosis.
UK tech leaders call for budget focus on growth & security
Last month
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ai
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cybersecurity
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trustwave
As the UK prepares for its Autumn Budget, tech leaders advocate for tax reforms and investment to enhance growth and cybersecurity amid rising challenges.
Nick Hoar joins Volution as Senior Partner for APAC expansion
Last month
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saas
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fintech
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blockchain
Nick Hoar joins Volution as Senior Partner, bringing over 30 years of asset management experience to bolster the firm's global expansion efforts.
Voluntas Group launches advisory firm for tech founders
Last month
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entrepreneurship
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capital raising
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venture capital
Voluntas Group has launched Voluntas Elevate, an advisory firm designed to support underserved tech founders with growth, scaling, and funding needs.
ScaleWise acquires Pug & Bear to boost UK startup growth
Last month
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m&a
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funding
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capital raising
ScaleWise has acquired Pug & Bear to combat declining UK startup graduation rates from Seed to Series A funding, which dropped from 12.5% to 4.5%.
Socket raises USD $40m to enhance open-source security
Last month
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application security
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genai
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ai
Socket has secured USD $40 million in Series B funding to reinforce its fight against software supply chain security threats, with total capital now at USD $65 million.
Paladin appoints Nazo Moosa as UK Managing Director
Last month
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robots
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ai
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cybersecurity
Paladin Capital Group has appointed Nazo Moosa as Managing Director for its European operations to enhance investment and fundraising capabilities.
Wolt celebrates 10 years with EUR €19 billion impact report
Last month
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sales
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venture capital
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copenhagen economics
Wolt has released a report marking its 10th anniversary, revealing EUR €19 billion in economic activity generated across 1,000 cities over the decade.
Emerge secures $12m to revolutionise NZ banking
Last month
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fintech
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cx
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martech
New Zealand's challenger bank Emerge has raised USD $12 million in Series A funding to enhance its digital banking services for local businesses.
CryptoLab & Niobium partner to enhance AI privacy & speed
Last month
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advanced persistent threat protection
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quantum computing
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genai
CryptoLab and Niobium have formed a strategic partnership to enhance privacy and performance in AI applications, raising over USD$20 million in funding.
etaily appoints Lester Cuneta to lead Southeast Asia growth
Last month
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martech
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commerce systems
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ecommerce
etaily has appointed Lester Cuneta as Chief Growth Officer to lead its expansion into Singapore and Southeast Asia, backed by USD $17.8 million funding.
Capmont Technology launches €100m fund for B2B tech startups
Last month
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robots
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iot
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cybersecurity
Capmont Technology unveils a €100 million fund to invest in B2B tech startups, boosting its total funding to €300 million.
QuantumLight, Revolut CEO release guide for startup founders
Wed, 11th Sep 2024
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investment
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venture capital
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performance management
QuantumLight, led by Revolut's CEO Nik Storonsky, releases a playbook for tech startup founders on building high-performance teams, based on Revolut’s success.
Redalpine closes largest fund at USD $200m, opens London office
Thu, 29th Aug 2024
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ai
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software
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venture capital
Redalpine closes its largest fund to date, the USD $200 million RAC VII, bringing total assets to over USD $1 billion and opens a new office in London.