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Funding Stories - Page 11

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Funding stories

Averlon exits stealth with USD $8 million boost for AI security
Software-as-a-Service

Averlon exits stealth with USD $8 million boost for AI security

Averlon has come out of stealth mode, securing USD $8 million to advance its AI-driven cloud security platform, backed by Voyager Capital and others.

By Kaleah Salmon • 4 min read • Tue, 28th May 2024
US Insider Risk Management Centre launches to tackle threats
EduTech

US Insider Risk Management Centre launches to tackle threats

The new U.S. Insider Risk Management Centre of Excellence launches to strengthen insider threat defences, collaborating with the Australian and Canadian counterparts.

By Shannon Williams • 3 min read • Fri, 24th May 2024
Simr secures USD $20 million to boost engineering simulations tenfold
High Performance Computing

Simr secures USD $20 million to boost engineering simulations tenfold

Simr, formerly UberCloud, unveils SimOps, promising to speed up manufacturing simulations tenfold and secures USD $20 million in Series A funding led by BMW i Ventures.

By Kaleah Salmon • 3 min read • Wed, 22nd May 2024
Bridgewise secures $21M funding led by SIX Group & Group 11
Artificial Intelligence

Bridgewise secures $21M funding led by SIX Group & Group 11

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.

By Catherine Knowles • 3 min read • Tue, 23rd Apr 2024
NextWork raises $2.3m to upskill displaced workers
EduTech

NextWork raises $2.3m to upskill displaced workers

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

By Tom Raynel • 3 min read • Mon, 22nd Apr 2024
Nozomi Networks secures $100m for IoT security expansion
Internet of Things

Nozomi Networks secures $100m for IoT security expansion

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.

By Catherine Knowles • 3 min read • Fri, 15th Mar 2024
STX Next enhances Man Group's fund management via innovative tech tools
Data Analytics

STX Next enhances Man Group's fund management via innovative tech tools

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

By Catherine Knowles • 3 min read • Fri, 15th Mar 2024

Stories from Other Regions

Funding stories

Canon NZ launches 2024 Grants Program with $20,000 in funds
EduTech

Canon NZ launches 2024 Grants Program with $20,000 in funds

Canon New Zealand's 2024 Grants Program offers $20,000 in funding to support initiatives in education, community, environment, and introduces a cultural category.

By Shannon Williams • 3 min read • Thu, 13th Jun 2024
Rural Connectivity Group completes 500th cell site in NZ
Connectivity

Rural Connectivity Group completes 500th cell site in NZ

The Rural Connectivity Group celebrates a milestone with its 500th rural cell site, boosting wireless access for 33,000 homes in remote Aotearoa.

By Shannon Williams • 3 min read • Wed, 12th Jun 2024
Subble launches SaaS management platform to enhance visibility
Software-as-a-Service

Subble launches SaaS management platform to enhance visibility

Subble has unveiled a new SaaS management platform, supported by GBP £1 million in pre-seed funding, aimed at cutting unnecessary software costs for businesses.

By Catherine Knowles • 3 min read • Tue, 4th Jun 2024
RAD celebrates 2024 milestones, seeks more laptop donations
EduTech

RAD celebrates 2024 milestones, seeks more laptop donations

Recycle A Device (RAD) celebrates milestones in tech literacy and sustainability in 2024 while seeking more laptop donations to meet increasing community demands.

By Kaleah Salmon • 3 min read • Thu, 30th May 2024
Telco Together Foundation urges action on digital abuse in review
EduTech

Telco Together Foundation urges action on digital abuse in review

The federal government's 'rapid review' into preventing violence against women has sparked urgent calls for stronger measures against digital abuse, according to the Telco Together Foundation.

By Sean Mitchell • 3 min read • Wed, 29th May 2024
Zeller supports regional Aussie businesses with grants & film
eCommerce

Zeller supports regional Aussie businesses with grants & film

Australian fintech Zeller is launching a regional initiative, offering AUD $10,000 in annual grants to support small businesses with tech and resources amid economic shifts.

By Sean Mitchell • 3 min read • Wed, 22nd May 2024
Australian businesses link sustainability to better performance
EduTech

Australian businesses link sustainability to better performance

Recent SAP research finds 68% of Australian businesses link sustainability with competitiveness and profitability, driving new corporate strategies nationwide.

By Sean Mitchell • 3 min read • Mon, 20th May 2024
RecycleSmart secures $1.15 million to fuel national expansion
Power / Energy

RecycleSmart secures $1.15 million to fuel national expansion

RecycleSmart raises $1.15m from 1014 investors as demand for its innovative waste management services doubles. Expansion set to boost Australia's recycling efforts.

By Catherine Knowles • 3 min read • Fri, 17th May 2024
Unlimit leads pre-seed funding for Paytring to boost India's global payments
Fintech

Unlimit leads pre-seed funding for Paytring to boost India's global payments

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.

By Kaleah Salmon • 3 min read • Wed, 10th Apr 2024
New Zealand SMEs explore alternative funding amid economic strain
Fintech

New Zealand SMEs explore alternative funding amid economic strain

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

By Tom Raynel • 3 min read • Thu, 21st Mar 2024