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

Investment stories - Page 30

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Tech Data to invest $750 million in digital transformation initiatives
Mon, 6th Jul 2020
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digital transformation
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investment
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tech data
Tech Data plans to invest USD $750 million in digital transformation over five years, following its acquisition by Apollo Global Management.
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US oil & energy providers hit by plunging market cap in 1H 2020
Fri, 19th Jun 2020
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stock market
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investment
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shareholders
As the COVID-19 coronavirus pandemic continues to lead many market sectors into turbulence, the energy sector has not escaped unscathed.
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Alibaba Cloud commits US$283M to aid partners in joint ventures
Thu, 18th Jun 2020
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uc
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partner programmes
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healthtech
Alibaba Cloud plans to invest US$283m to support partners in joint innovations and digitalisation capabilities.
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Alibaba Cloud to invest US$283 million to accelerate global partner innovation
Wed, 17th Jun 2020
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partner programmes
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healthtech
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alibaba
Alibaba Cloud is investing USD $283 million to speed up global partner innovation, aiming to boost digitalisation and create joint products for diverse sectors.
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Reach for the low-hanging fruit: How achieving a rapid ROI is becoming a leading AI trend
Wed, 10th Jun 2020
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robots
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data analytics
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planning
Focusing on returns, rather than adopting AI for its own sake, will drive the emergence of rapid AI ROI throughout the rest of 2020.
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How to help your data scientists deliver better business value
Wed, 20th May 2020
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data science
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investment
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data management
Data scientists spend just 12% of their time delivering insights, according to IDC. Silos and admin tasks are to blame.
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Healthcare IT is in dire need of investment, says NZ Health IT chief
Wed, 13th May 2020
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healthtech
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it industry
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investment
New Zealand's digital health tech needs more investment to support healthcare during the pandemic, says NZ Health IT.
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Razer invests US$50M in business partners impacted by COVID-19
Fri, 17th Apr 2020
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fintech
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partner programmes
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healthtech
Razer commits USD $50 million to aid business partners hit by COVID-19. The funds will be distributed via Razer Gold, Razer Fintech, and ZVentures.
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AirTrunk sets sights on APAC expansion, backed by fresh investment
Thu, 9th Apr 2020
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hyperscale
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dc
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investment
Macquarie has acquired an 88% stake in AirTrunk, valuing the hyperscale data center provider at over A$3bn ($2.2bn).
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New investor partnership to unlock $6bn for NZ business
Thu, 2nd Apr 2020
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partner programmes
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grant thornton international
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investment
New partnership between Neu Capital and Grant Thornton set to unlock USD $6 billion in funding for New Zealand's medium and small businesses.
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Revealed: Global trends in technology investment
Wed, 18th Mar 2020
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investment
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emerging technology
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tech nation
The US and China see total investment values drop year-on-year, but the UK records a rise in investment into British tech companies.
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Singapore security firm Right-Hand scores $1.4m seed funding
Wed, 18th Mar 2020
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cybersecurity
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investment
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funding
Singapore's Right-Hand has secured SGD$1.4 million in seed funding to enhance its SaaS cybersecurity platform, focusing on mitigating human-error risks.
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Data center construction looks towards liquid cooling power
Tue, 10th Mar 2020
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datacentre infrastructure
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data analytics
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hyperscale
The global data centre construction industry is shifting towards liquid cooling to support AI and big data, aiming for efficiency and reduced emissions.
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Google Cloud to invest $10b in US presence in 2020
Tue, 3rd Mar 2020
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hyperscale
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public cloud
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google
Google will invest more than $10 billion in its United States offices and data centers in 2020, Google CEO Sundar Pinchai declared last week.
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NZ software company set to go global after securing $3.65 million
Thu, 27th Feb 2020
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icehouse
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investment
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lawvu
LawVu plans to set up offices in Australia and the US, as well as leverage business opportunities in other overseas markets.
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Snowflake valuation skyrockets to $12.4 billion following strategic partnership with Salesforce
Tue, 11th Feb 2020
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data analytics
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martech
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cdp
Snowflake’s valuation has surged to USD $12.4 billion after new funding and a strategic partnership with Salesforce, poised to solidify its market dominance.
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Aussie sports startup announces aim to raise $750K
Thu, 30th Jan 2020
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sports
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investment
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startups
Adelaide's Lumin Sports Technology seeks AUD $750K to finalise its sports tech platform for European and US markets, aiming to expand globally.
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Check Point researchers uncover how to steal $1 million by email
Mon, 9th Dec 2019
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email security
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investment
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capital raising
Check Point researchers reveal intricate email scam by Chinese hackers, stealing USD $1 million meant for an Israeli startup from a Chinese VC firm.
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Philippines becoming key location for ICT investment
Mon, 25th Nov 2019
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investment
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communication
The Philippines is emerging as a hotspot for ICT investment, with approved foreign investments hitting USD $4.7 billion, marking a 613% surge.
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Kiwis adopting great savings habits but overestimating returns
Tue, 19th Nov 2019
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investment
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financial literacy
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sharesies
Four out of five New Zealanders save beyond KiwiSaver, but most overestimate their interest returns, research from Sharesies reveals.