Funding stories - Page 6

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.

AiDash, a satellite-first software solution provider for multiple industries, raises $50m in a bid to expand operations and boost combating climate-related threats.

India-Japan Fund invests Rs. 400 Crore in Mahindra and Mahindra's Last Mile Mobility, bolstering the company's sustainable transport goals in its first-ever investment act.

Green data centre operator, Digital Power Optimization, Inc., secures renewable energy supply through a PPA with a multinational provider, planning to directly harness wind power from Texas farms for its facilities.

Aqua Security secures $60m extra funding, boosting its market value to over $1 billion, led by Evolution Equity Partners and backed by existing investors.

Netsafe's 2023 research reveals a sharp rise in harmful digital communications experienced by New Zealanders, with almost half of the Māori population and many under 30 falling victim.

AtomBeam hits $3 million startup funding, showing strong investor faith in its game-changing data-shrinking tech.

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

43% of UK businesses call for increased government investment in the artificial intelligence sector, reveals Zoho survey.

Australian cybersecurity firm Plerion secures exclusive AWS Security Competency status, affirming its cloud security prowess.

Michael Harrison, having vast experience in global banks and tech firms, joins Accelerated Payments as UK Sales Director.

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

French startup ProvenRun secures £15m in Series A round to expand its cybersecurity capabilities, led by Tikehau Capital.

Rad, a key player in Web 3 video streaming, receives significant funding led by Ayre Ventures, and plans to integrate blockchain into its platform.

In 2023, the Recycle A Device (RAD) project achieved remarkable milestones, including donating 2,374 laptops and winning notable accolades.

Amelia, a leading AI software company, has been recognised as a top AI provider in the inaugural Everest Group AI Top 50.

Amazon pledges to offer free AI training to two million people globally by 2025 as part of its 'AI Ready' commitment.

Adyen launches 'Capital' in Australia, addressing financial hurdles faced by small and medium-sized businesses.

91% of CTOs see technical debt as their biggest challenge for 2024, according to a survey by STX Next. Capacity and security were also top concerns.

Gartner predicts that a renewed emphasis on technology, particularly AI, will boost the global M&A market in 2024 after a downturn in activity.