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

Investment stories - Page 3

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QuantumLight, Revolut CEO release guide for startup founders
Last month
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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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True IDC to invest THB ฿10bn in data centre expansion
Last month
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power / energy
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cleantech
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investment
True IDC to invest over THB 10 billion in expanding its data centre and cloud business from 2024 to 2027, aiming to be Thailand's largest data centre.
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BGF invests £16.5 million in fintech firm Twenty7tec
Last month
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fintech
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investment
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growth
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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AI startup Shutterspeed gains Techstars backing
Last month
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devops
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apm
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software development
Startup Shutterspeed secures backing from global venture capital firm Techstars, marking a significant achievement for Kiwi tech with its AI-driven business assistant for creatives.
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Shire Leasing launches new Tech Finance division for SMEs
Last month
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investment
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smes
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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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STT GDC to invest USD $3.2 billion in India's digital growth
Last month
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digital transformation
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hyperscale
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dc
STT GDC to invest USD $3.2 billion in India’s data centre expansion, tripling its IT load capacity over the next 5-6 years amid rising digital demand.
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Toshiba Australia reports modest growth for the year ending March 2024
Last month
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toshiba
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investment
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financial results
Toshiba reports modest growth for the year ending March 2024, with steady revenue increases balancing rising operational costs and strategic investments.
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Aerospike sees 51% revenue boost in Q2 2024 with AI demand
Last month
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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.
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Moneybox partners with Aurum Solutions to automate reconciliations
Last month
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digital transformation
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investment
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automation
Moneybox has partnered with Aurum Solutions to automate its reconciliation processes amid a 43% growth in assets.
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AI drives productivity with minimal job loss in New Zealand
Last month
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genai
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ai
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productivity
AI is boosting productivity with minimal job loss in New Zealand, reveals new research by AI Forum NZ, Victoria University, and Callaghan Innovation.
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Outsource Group partners with Palo Alto Networks in Ireland
Last month
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firewalls
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it training
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advanced persistent threat protection
Outsource Group partners with Palo Alto Networks, becoming the exclusive Cortex MSSP in Ireland. The deal could yield millions, strengthening cyber security offerings.
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Arrow Electronics & Citrix announce strategic distribution deal
Last month
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virtualisation
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support
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citrix
Arrow Electronics and Citrix have struck a strategic distribution deal to streamline Citrix license services across North America and EMEA, starting 1 October 2024.
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IDHL doubles office space in Leeds with new 10-year lease
Last month
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hcm
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collaboration
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digital marketing
IDHL moves into a 9,600 sq ft space at 10 South Parade, Leeds, with a new 10-year lease, doubling its office size to support its 400-strong workforce.
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Zendesk launches outcome-based pricing model for AI agents
Fri, 30th Aug 2024
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ai
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ai agents
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zendesk
Zendesk launches an outcome-based pricing model for its AI agents, aligning costs with resolved issues to enhance transparency and ensure tangible returns.
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How financial wellness programs can help companies save big
Thu, 29th Aug 2024
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hcm
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productivity
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support
Implementing financial wellness programs can help Australian companies save significantly by reducing absenteeism and staff turnover, boosting productivity.
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Unlocking AI: Strategic moves to revolutionise the food sector
Tue, 27th Aug 2024
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robots
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data analytics
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ai
Australia's food sector eyes AI to boost efficiency and transparency. While major firms embrace AI, smaller players need strategic guidance to leverage its benefits.
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SleekFlow secures USD $7 million in Series A+ funding round
Fri, 23rd Aug 2024
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cx
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martech
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ai
SleekFlow secures USD $7 million in Series A+ funding led by Atinum Investment, pushing its total to USD $15 million to fuel global expansion and AI advancements.
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Fresha secures $31 million from J.P. Morgan for expansion
Fri, 23rd Aug 2024
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martech
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cdp
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ai
Fresha secures a $31 million venture debt facility from J.P. Morgan to fuel expansion, enhance AI capabilities, and support new market entries.
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MicroLED revolution: The bright future of automotive displays and lighting
Thu, 22nd Aug 2024
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cartech
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displays & projectors
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ar, vr & metaverse
MicroLED technology is set to revolutionise the automotive industry with brighter, more durable, and energy-efficient displays and lighting, enhancing both safety and efficiency in future vehicles.
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Easy Crypto launches new wallet for Australian investors
Thu, 22nd Aug 2024
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cryptocurrency
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blockchain
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investment
Easy Crypto debuts a new wallet for Australian investors, simplifying crypto trading and storage for beginners with advanced security features.