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

Scaleup stories

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Cremorne Digital Hub to boost digital ecosystem with Scaleup Program
Last month
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partner programmes
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venture capital
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investment
The Cremorne Digital Hub (CDH) unveils its first Scaleup Program cohort, following an AUD 10 million investment from the Victorian Government to boost Australia's tech industry.
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Hackuity achieves SOC 2 Type II compliance for data security
Wed, 21st Feb 2024
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compliance
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data security
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security vulnerabilities
Hackuity, the RBVM company, attains SOC 2 Type II compliance, showcasing strong data security and compliance that uphold rigorous American standards, providing customers with enterprise-grade security assurance.
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Setting the AI agenda in 2024: what does the C-suite think?
Fri, 9th Feb 2024
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compliance
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ai
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equality
AI's impact on nearly 40% of jobs requires swift actions to ensure compliance in 2024, but a gap in technical knowledge poses challenges.
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Risky AI & bots manipulate markets, warn UK finance professionals
Fri, 2nd Feb 2024
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compliance
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ai
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financial literacy
94% of senior UK finance professionals consider AI-driven market manipulation an impending threat, as bots harbour potential to covertly disrupt trading, cites a study by eflow Global.
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eFlow Global reveals expansion plans to strengthen US presence
Thu, 18th Jan 2024
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compliance
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regtech
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financial institutions
Regtech firm eFlow Global announces plans for international expansion, strengthening its position in the US and increasing its already significant client base by 57% in the past year.
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Birchal crowdfunds $2.39 million, bolsters Australian startup ecosystem
Fri, 22nd Dec 2023
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funding
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growth
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entrepreneur
Birchal, an Australian equity crowdfunding platform, has obtained $2.39m from a successful funding campaign, benefiting local startups. .
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Cremorne Digital Hub launches programme to foster local tech scaleups
Tue, 21st Nov 2023
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accounting systems
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digital banking
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seek
Melbourne's Cremorne Digital Hub unveils CDH Scaleup Program to bolster local tech firms and limit offshoring.
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Melbourne's Andromeda Robotics trials AI companion robot in aged care
Mon, 6th Nov 2023
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dreamworks
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trials
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awards
Melbourne AI startup Andromeda Robotics partners with aged care provider Allity to trial humanoid companion robot, Abi, powered by Chat GPT-4 AI platform.
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BrangChain aims to make supply chains green with latest launch
Fri, 13th Oct 2023
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ai
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oem
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supply chain & logistics
BrangChain aims to revolutionise last-mile logistics with its eco-friendly solution, combining blockchain, AI, and smart contracts.
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Revolutionising AML workflows, First AML launches Source
Wed, 20th Sep 2023
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compliance
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aml
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money laundering
First AML launches Source, a self-service platform to reinvent AML workflows, offering hope to businesses grappling with regulatory challenges.
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Sports events boost business, fuel innovation and economic growth
Fri, 11th Aug 2023
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commonwealth games
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sportstech
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sports
Cancellation of Commonwealth Games a missed opportunity for local sportstech businesses, says Australian journalist.
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Zepto appoints Rich Miller as Chief Technology Officer
Wed, 5th Jul 2023
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fintech
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chatbots
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contact centre
Zepto makes groundbreaking appointment with Rich Miller as new CTO, bringing his illustrious career and fintech expertise to the company.
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Take steps to future-proof digital transformation projects
Fri, 30th Jun 2023
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digital transformation
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cloud services
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open source
Digital transformation projects have been the driving force behind many technology investments in recent years.
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Tech Job Market in Australia Scaling Up Despite Mass Layoff
Wed, 21st Jun 2023
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cloud services
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it training
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saas
Despite the initial gloom, it seems that many of those who found themselves out of work at the beginning of the year are already in new jobs.
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Bricks and Agent registers 185% revenue growth using AI
Fri, 5th May 2023
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cloud services
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paas
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microsoft
The proptech company Bricks and Agent almost tripled in size (185% of revenue growth) last year and now has more than 1,300,000 users in ANZ and the UK.
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The factors that will shape cloud computing in 2023
Wed, 25th Jan 2023
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sustainable it
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cloud security
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cloud services
2023 will be a pivotal year for cloud computing with some of the key trends from previous years even more relevant due to the effects of the economic downturn.
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Enable continues growth streak with $94M financing round
Fri, 21st Oct 2022
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collaboration
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financing
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management
Enable, the collaborative rebate management platform, has announced that it has raised an oversubscribed $94 million Series C financing round.
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eCommerce fraud increasing pressure on businesses margins
Wed, 20th Jul 2022
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commerce systems
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martech
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payment gateways
New report from Stripe finds that eCommerce fraud is one of the biggest drags on business growth, with nearly 3/4 of businesses affected.
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Accelerated UK expansion for ANZ tech companies
Fri, 8th Apr 2022
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it training
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edutech
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ai
The UK Government is working with Australian and New Zealand national and state governments to take a delegation of tech scaleups for London Tech Week.
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Australian startups partner to test AI computing in space
Wed, 2nd Mar 2022
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partner programmes
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ml
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ai
Two emerging Australian space startups have signed a deal to test new Artificial Intelligence and Machine learning (AI/ML) models in space.
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Wiise shakes up leadership team in preparation for new phase of growth
Tue, 6th Jul 2021
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wiise
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growth
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job moves
Wiise has appointed an ex-Dropbox exec as its new CEO and brought on a new head of sales and channel, with both focused on accelerating growth for the company.
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Brisbane’s Octopus Deploy announces US$172.5m investment
Thu, 22nd Apr 2021
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brisbane
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insight partners
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investment
Octopus Deploy secures $172.5m investment from Insight Partners, its first outside funding after eight years of organic growth and profitability.
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Shell co-develops liquid immersion cooling fluid with Asperitas
Mon, 2nd Mar 2020
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data centre cooling
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data centre maintenance / management
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power / energy
Shell & Asperitas craft eco-friendlier cooling fluid, pledging to slash data center energy use and emissions.
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Veeam to be acquired for massive US$5 billion
Mon, 13th Jan 2020
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virtualisation
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cloud services
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dr
Insight Partners buys Veeam for $5bn, shifting to a US-based team and global market expansion.