Funding stories - Page 7

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.

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

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.

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.

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.

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.

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.

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.

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.

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

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.