CFOtech UK - Technology news for CFOs & financial decision-makers

Investment stories - Page 13

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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.