Investment stories - Page 13
Beamery receives funding boost from CIBC Innovation Banking
Mon, 4th Nov 2024
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investment
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funding
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capital raising
Beamery secures significant funding from CIBC Innovation Banking to enhance its AI-driven talent management platform and accelerate growth plans.
Spot AI unveils Video AI Agents after USD $31m funding
Fri, 1st Nov 2024
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edutech
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education, learning & training
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investment
Spot AI has unveiled its new Video AI Agents, revolutionising surveillance technology following a recent funding round that secured USD $31 million.
Silicon Valley Bank provides USD $50M to Bugcrowd
Fri, 1st Nov 2024
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crypto
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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.
CybaVerse secures GBP £1.1m funding & new leadership
Thu, 31st Oct 2024
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advanced persistent threat protection
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partner programmes
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cybersecurity
CybaVerse has secured over GBP £1.1 million in funding and expanded its leadership team, aiming to enhance cyber security for SMEs.
DigitalBridge to acquire Yondr Group in strategic move
Thu, 31st Oct 2024
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digital transformation
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hyperscale
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dc
DigitalBridge has unveiled plans to acquire Yondr Group, a key player in hyperscale data centres, amid rising demand driven by AI advancements.
Cohesity appoints Vasu Murthy as Chief Product Officer
Wed, 30th Oct 2024
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data protection
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ai security
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ai
Cohesity has appointed Vasu Murthy as Senior Vice President and Chief Product Officer to enhance its data security portfolio amid substantial growth.
Zoho invests USD $10m in NVIDIA AI for language models
Fri, 25th Oct 2024
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saas
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data privacy
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llms
Zoho has announced a partnership with NVIDIA to enhance its AI capabilities, investing USD $10 million to improve large language models for its SaaS applications.
Actica acquires Gemba Advantage to boost tech capabilities
Fri, 25th Oct 2024
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data analytics
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cybersecurity
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software development
Actica, supported by Sovereign Capital Partners, has acquired Gemba Advantage to strengthen its technology and cybersecurity capabilities for public sector clients.
UK tech sector faces challenges with potential CGT rise
Fri, 25th Oct 2024
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ai
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investment
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eis
Potential changes to Capital Gains Tax in the Autumn Budget could hinder UK's tech innovation, warns expert Adam Chick, driving entrepreneurs to sell prematurely.
Nick Hoar joins Volution as Senior Partner for APAC expansion
Fri, 25th Oct 2024
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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.
UK firms delay investments amid pre-autumn budget fears
Wed, 23rd Oct 2024
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ai
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investment
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budget
A survey reveals that 70% of UK financial leaders are delaying investments due to uncertainties before the Autumn Budget, with technology spending prioritised.
GoCardless & Pipe partner to offer finance to UK SMEs
Wed, 23rd Oct 2024
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fintech
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investment
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gocardless
GoCardless has teamed up with US fintech Pipe to launch embedded finance solutions for SMEs in the UK, streamlining access to capital for small businesses.
Socket secures USD $40m series B to combat supply threats
Wed, 23rd Oct 2024
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application security
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advanced persistent threat protection
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supply chain
Socket has completed a USD $40 million funding round, aiming to enhance security for open-source software amid rising supply chain attacks.
Paladin appoints Nazo Moosa as UK Managing Director
Tue, 22nd Oct 2024
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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.
EDGNEX to build 40MW data centre in Madrid by 2026
Tue, 22nd Oct 2024
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datacentre infrastructure
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ai
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clean technologies
EDGNEX Data Centers, part of DAMAC Group, is investing EUR 400 million in a new 40MW data centre in Madrid to meet rising global demand.
GaiaLens wins ESG innovation funding for anti-greenwashing
Tue, 15th Oct 2024
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ai
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clean technologies
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sustainability
GaiaLens has been named a winner of FinTech Scotland's ESG innovation call, securing funding to enhance its Greenwashing Analytics Solution.
Telecom firms lead the way in GenAI adoption & investment
Fri, 11th Oct 2024
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uc
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data analytics
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cx
A new study reveals that 70% of telecommunications firms are adopting generative AI, outpacing other sectors in investment and implementation.
Kao Data begins £350m data centre project in Stockport
Thu, 10th Oct 2024
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edutech
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power / energy
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ai
Kao Data has begun construction on a GBP £350 million data centre in Stockport, set to enhance Greater Manchester's digital infrastructure by 2026.
UK ranks lowest in 5G connectivity among major countries
Thu, 10th Oct 2024
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uc
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5g & beyond
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connectivity
A report by the Social Market Foundation reveals the UK ranks last for 5G connectivity among 15 global markets, with coverage only 10% of the time.
Enky introduces sustainable subscription furniture to UK
Wed, 9th Oct 2024
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clean technologies
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sustainability
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investment
Belgium-based start-up Enky launches its subscription furniture service in the UK, focusing on sustainability and the circular economy for businesses.