Funding stories

MI5 flags foreign states targeting UK universities to harvest sensitive research data, hinting at universities' increasing role in national security discussions.

AI-based analysis platform Bridgewise secures $21m in funding led by SIX Group, raising total capital to $35m to expand reach and enhance its AI technology for global security insights.

NextWork, an EdTech startup, offers a unique adaptive platform for quick upskilling, starting with a free AWS Certification course.

Unlimit's lead venture in Paytring's early funding enhances the global fintech company's drive towards redefining payment solutions for Indian businesses, a market poised to hit USD $814bn by 2029.

Economic stress leads 81% of NZ's SMEs to express concern over securing funds, forcing them to explore alternative finance methods.

Nozomi Networks raises $100m in Series E funding, led by Mitsubishi and Schneider Electric, to accelerate cyber defence innovation and facilitate cost-effective worldwide market expansion.

STX Next fortifies Man Group's client fund management through successful partnership, introducing sophisticated data discovery, filtering, and predictive tools while enhancing user experience.

Australian proptech start-up 'FLK it over' capitalises on $2.5 million funding boost to fuel rapid growth, aiming to streamline the tenant signing process for real estate agents and diversify services.

Amid a growing digital divide, Digital Future Aotearoa urgently appeals for laptop donations for their RAD initiative, supporting educational and employment aspirations of Aotearoa's youth.

Lisbon-based start-up, Vawlt, secures an additional €2.15m funding to boost their unique long-term distributed storage solution and expand their global footprint.

As mere 2p in every £1 invested in early-stage UK businesses goes to women, the IWD 2024 focus is on addressing the disparity in funding for female entrepreneurs.

IWD 2024 puts spotlight on the need for greater investment and inclusion of women in the tech sector, particularly in the historically male-dominated world of open-source.

IWD 2024: Unconscious bias and stringent funding criteria hinder women tech founders, despite proven capability to disrupt industries and create million-dollar businesses.

Empyrion DC secures its first green loan of SGD$133 million from UOB, bolstering its commitment to environmental sustainability and aiding operations of the award-winning SG1 Dodid Data Centre.

Pimberly, the UK-based PIM and DAM software provider, has secured an additional £4m ($5m) for expansion into US and European markets, raising its total funding to over £14m ($17.8m).

Device Authority, a leader in IoT identity and access management, has secured an additional $2m in Series A funding from US venture capital firm Mercato Partners' Prelude Fund.

RSM Australia warns that identity and cyber fraud pose significant threats to the healthcare sector, with criminals exploiting complex funding sources and billing systems.

Australian firm GigaComm to extend its ultra-fast internet service to more east coast businesses and residential blocks.

Dotz Nano secures up to A$12m aimed at further developing and commercialising their innovative carbon capture technology, DOTZearth.

The UK government earmarks £100m for more agile AI regulation to bolster the country's tech sphere, enhancing understanding and leveraging of AI's potential.

Climate startup CarbonHQ raises AUD $600,000 in pre-seed funding to boost transparency in volatile carbon market and expedite Carbon credits projects.

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.

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.