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Fundraising Stories - Page 2

Global Stories

Fundraising stories

US AI megadeals drive global VC to USD $331 billion
Semiconductors

US AI megadeals drive global VC to USD $331 billion

A handful of US artificial intelligence megadeals pushed global venture capital investment to USD $330.9 billion in the first quarter, KPMG said.

By Karen Joy Bacudo • 4 min read • Last month
Convelio secures Series C to expand New York storage
Digital Transformation

Convelio secures Series C to expand New York storage

Fresh capital will fund a New York warehouse as the fine art logistics group deepens ties with auction houses and collectors.

By Catherine Knowles • 5 min read • Last month
Caruso wins $9.3M funding, scales AI fund services
Customer Relationship Management

Caruso wins $9.3M funding, scales AI fund services

The AI fund administration software maker now serves more than 80 managers after its AUD $9.3 million raise and rapid growth.

By Karen Joy Bacudo • 3 min read • Last month
Vertigenius raises EUR 2.55 million for US expansion
Wearables

Vertigenius raises EUR 2.55 million for US expansion

Early US traction could help Vertigenius turn remote vertigo monitoring into broader clinic adoption after securing EUR 2.55 million.

By Kaleah Salmon • 3 min read • Last month
Nava raises USD $22 million to expand AI cloud in Asia
Semiconductors

Nava raises USD $22 million to expand AI cloud in Asia

Fresh backing will help Nava hire senior staff and expand its AI-focused cloud and data centre network across Asia-Pacific.

By Karen Joy Bacudo • 4 min read • Last month
Triple Bubble reaches first close after USD $10 million
Fintech

Triple Bubble reaches first close after USD $10 million

The Melbourne-based fund is targeting USD $50 million as it backs fintechs struggling to secure local venture capital.

By Karen Joy Bacudo • 4 min read • Last month
OpenAI raises USD $122 billion in record AI funding
Software-as-a-Service

OpenAI raises USD $122 billion in record AI funding

Investor appetite for AI remains intense as OpenAI's new cash haul lifts its valuation to USD $852 billion and deepens its compute push.

By Mark Tarre • 4 min read • Last month
Rosella raises AUD $3.7 million for AI insurance brokerage
Software-as-a-Service

Rosella raises AUD $3.7 million for AI insurance brokerage

The funding will help Rosella target smaller US businesses that insurers often serve slowly, using AI to cut brokerage admin from hours to minutes.

By Sean Mitchell • 4 min read • Last month
OpenFX raises USD $94 million to speed cross-border payments
Crypto

OpenFX raises USD $94 million to speed cross-border payments

The funding will help OpenFX expand hiring and infrastructure as it tackles slow, costly cross-border transfers for banks and fintechs.

By Karen Joy Bacudo • 4 min read • Last month

Stories from Other Regions

Fundraising stories

Feijoa graduates fintech lab with KiwiSaver round-up app
Fintech

Feijoa graduates fintech lab with KiwiSaver round-up app

The round-up savings app says its users are adding AUD $2 million a year to KiwiSaver accounts as it seeks wider growth.

By Karen Joy Bacudo • 3 min read • Last month
Slash raises USD $100 million at USD $1.4 billion valuation
Software-as-a-Service

Slash raises USD $100 million at USD $1.4 billion valuation

The fintech's broader banking push now reaches more than 5,000 businesses, after three quarters of GAAP profitability and rapid revenue growth.

By Karen Joy Bacudo • 4 min read • Last month
British Business Bank backs Apposite with GBP £100m
Health Technologies

British Business Bank backs Apposite with GBP £100m

The move gives UK life sciences firms a new source of scale-up capital as a funding gap has left many promising businesses short of backing.

By Karen Joy Bacudo • 4 min read • Last month
WealthAi names Pratim Das as Chief Technology Officer
Customer Relationship Management

WealthAi names Pratim Das as Chief Technology Officer

The London start-up is adding senior AI expertise as wealth managers seek secure tools that fit regulated workflows without replacing core systems.

By Sofiah Nichole Salivio • 4 min read • Last month
Clean Slate Clinic closes $4.3 million capital raise
Health Technologies

Clean Slate Clinic closes $4.3 million capital raise

The virtual detox provider is expanding after new backing from Giant Leap and Scale Investors as demand for alcohol treatment stays high.

By Catherine Knowles • 4 min read • Last month
Eka Ventures raises USD $107 million for second fund
Artificial Intelligence

Eka Ventures raises USD $107 million for second fund

Backers including the British Business Bank have helped lift the London firm’s assets under management to USD $200 million and support 30 startups.

By Karen Joy Bacudo • 4 min read • Last month
Hapax launches AI platform to automate workplace tasks
Customer Relationship Management

Hapax launches AI platform to automate workplace tasks

Beta testing showed the platform can cut manual work quickly, completing more than 350 automations in under two weeks at one organisation.

By Sean Mitchell • 4 min read • Last month
Qognetix named UK StartUp Awards finalist in Birmingham
Risk & Compliance

Qognetix named UK StartUp Awards finalist in Birmingham

The Birmingham deep-tech firm is raising GBP £725,000 as demand grows for tools that govern AI behaviour in live settings.

By Kaleah Salmon • 3 min read • Last month
Beaten Zone hits AUD $17 million defence fundraise
Cybersecurity

Beaten Zone hits AUD $17 million defence fundraise

Defence tech is drawing fresh investor interest as the Brisbane fund says committed capital has reached AUD $17 million, led by Steve Baxter.

By Sean Mitchell • 4 min read • Last month