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

Investment stories - Page 14

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Layer secures USD $6m to boost decentralised web tech

Tue, 8th Oct 2024
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crypto
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blockchain
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software development
Layer has raised USD $6 million in seed funding to enhance trust in internet software, spearheading advancements in decentralised application technology.
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Capmont Technology launches €100m fund for B2B tech startups

Wed, 2nd Oct 2024
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robots
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iot
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supply chain
Capmont Technology unveils a €100 million fund to invest in B2B tech startups, boosting its total funding to €300 million.
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UK business leaders to boost tech investments by 23% next year

Wed, 2nd Oct 2024
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ai
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investment
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generation z
UK business leaders are set to boost tech investments by 23% due to AI innovations, a new study from Seismic reveals.
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UK firms boost AI spending 177%, ChatGPT leads with 835% rise

Tue, 1st Oct 2024
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ai
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productivity
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spending
UK businesses ramp up AI investment by 177% year-on-year, leveraging tools like ChatGPT and Fireflies.ai, but finance teams lag in adoption, reports Soldo.
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Tiger Global invests $20 million into LiquidStack's Series B

Thu, 26th Sep 2024
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manufacturing
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datacentre infrastructure
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hpc
LiquidStack has secured a $20 million boost from Tiger Global in its Series B funding, raising the total to $35 million to enhance cooling solutions.
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UK CEOs optimistic on growth, shift to proactive deal strategies

Tue, 24th Sep 2024
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ai
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clean technologies
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climate change
UK CEOs are growing optimistic and shifting towards proactive deals. Investment in tech and strategic transactions are key.
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Salesforce to offer free AI training to close skills gap

Thu, 19th Sep 2024
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martech
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cdp
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ai
Salesforce will offer its premium AI courses for free on Trailhead until end-2025, investing over USD $50 million to bridge the AI skills gap.
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Echelon secures grid link for EUR €3.5 billion data centre

Thu, 19th Sep 2024
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power / energy
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clean technologies
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jobs
Echelon Data Centres has secured a grid connection for its DUB20 campus in County Wicklow, paving the way for a EUR €3.5 billion investment and 1,300 jobs.
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Intel & AWS expand partnership with USD $7.8 billion investment

Tue, 17th Sep 2024
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uc
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manufacturing
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hyperscale
Intel and AWS boost partnership with multi-year, multi-billion-dollar investment in custom AI chips, aiming to enhance U.S. semiconductor manufacturing and innovation.
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Quantum tech revenue to surge from $2.7bn to $9.4bn

Tue, 17th Sep 2024
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partner programmes
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quantum computing
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investment
Commercial revenue from quantum technology is set to soar from USD $2.7 billion in 2024 to USD $9.4 billion by 2030, a new study reveals.
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How MDR will transform cybersecurity in the mid-market

Mon, 16th Sep 2024
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ransomware
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semiconductors
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siem
Mid-sized businesses under cyber-attack pressure look to Managed Detection and Response (MDR) to bridge security and staffing gaps, navigating an evolving threat landscape.
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UK businesses lag in cybersecurity & tech connectivity

Thu, 12th Sep 2024
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edutech
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risk & compliance
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ai
Only 25% businesses in the United Kingdom see themselves as cybersecurity leaders, placing the UK last among surveyed countries.
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Oracle unveils new cloud services to boost customer success

Thu, 12th Sep 2024
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hybrid cloud
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ai
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cloud services
Oracle has unveiled Oracle Cloud Success Protection and Assurance Services, enhancing cloud investments with proactive support, guided learning, and 24/7 technical assistance.
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AI reduces software development time by up to 50%, survey finds

Wed, 11th Sep 2024
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devops
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apm
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lcnc
A survey by OutSystems and KPMG reveals that AI adoption has cut development time by up to 50% for 75% of software executives, reshaping their roles.
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HeyFlow secures GBP £235,000 from Aer Venture Studios

Wed, 11th Sep 2024
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storage
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ai
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workplace
HeyFlow has secured GBP £235,000 from Aer Venture Studios to enhance its platform, tackling workplace reproductive health issues and promoting gender inclusion.
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Forrester's 2025 predictions reveal mixed trends in AI & tech

Wed, 11th Sep 2024
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digital transformation
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aiops
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ai
Forrester's 2025 Predictions reports forecast AI and tech trends, highlighting AI investment pitfalls and increased AIOps adoption to manage tech debt.
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QuantumLight, Revolut CEO release guide for startup founders

Wed, 11th Sep 2024
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investment
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venture capital
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performance management
QuantumLight, led by Revolut's CEO Nik Storonsky, releases a playbook for tech startup founders on building high-performance teams, based on Revolut's success.
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BGF invests £16.5 million in fintech firm Twenty7tec

Tue, 10th Sep 2024
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fintech
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investment
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advisor
BGF injects £16.5 million into fintech firm Twenty7tec to boost product development and expand market reach, appoints Angela Williams as Chair.
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Shire Leasing launches new Tech Finance division for SMEs

Mon, 9th Sep 2024
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investment
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sme
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it infrastructure
Shire Leasing launches a technology finance division to help small and medium businesses access financial solutions for IT investments.
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Aerospike sees 51% revenue boost in Q2 2024 with AI demand

Thu, 5th Sep 2024
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paas
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iaas
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ai
Aerospike reports a 51% revenue surge in Q2 2024, fuelled by rising demand for scalable AI solutions and bolstered by a $114m investment.