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Australia positioned for $18.8bn AI economy by 2035
This month
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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%.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.