Technology funding stories

Canada commits CAD $11M to boost carbon storage and AI-driven energy innovations in Quebec and Newfoundland, aiming to meet climate goals.

Liza Noonan will become CEO of Cicada Innovations in November 2025, aiming to boost Australia's deep tech sector and grow its global presence.

Ontario commits CAD $50 million to support manufacturers adopting advanced technologies like AI, robotics, and 5G, boosting innovation and global competitiveness.

Ontario launches Health Innovation Pathway to fast-track local health tech, improving patient care and boosting the province’s life sciences sector.

UK tech leaders now view the domestic market as more attractive for growth than the US, Europe, or Asia-Pacific, citing strong opportunities and talent.

ANS has earned top Microsoft partner statuses, enhancing UK firms' access to AI tools and expertise to accelerate digital transformation and AI adoption.

Avalanche partners with Team1 to launch a USD $100,000 grant supporting India's young Web3 developers through funding and mentorship programmes.

New York-based Sifflet has raised USD $18 million to expand its data observability platform amid rising demand in Europe and North America.

The UK Spending Review pledges GBP £86 billion to boost digital growth, transform the NHS, and increase police funding to modernise public services nationwide.

Eighty-eight percent of UK tech firms use AI and remain optimistic, yet 78% call for stronger government support to bridge talent and funding gaps.

Zero Networks has raised USD $55 million to expand its agentless microsegmentation technology, boosting cybersecurity and preventing ransomware lateral movement.

RISA Labs has raised USD $3.5 million to advance its AI-driven platform, aiming to cut delays in cancer care by automating prior authorisations across 100 centres.

The Canadian Space Agency has invested CAD $1.4 million in QEYnet to advance quantum key distribution technology, enhancing satellite data security.

Prompt Security has secured USD $18 million in a Series A funding round to enhance its platform aimed at safeguarding enterprises from generative AI threats.

Singapore's Supermom has raised SGD $18 million in a series B funding round led by Granite Asia, aiming to enhance AI capabilities and expand internationally.

Transreport secures £10 million in funding, appoints new leadership to drive global expansion, aiming to make public transport more accessible for Disabled and older individuals.

R/GA EMEA and Founderland have launched PAM, an AI-powered platform, to help women of colour founders secure venture capital (VC) funding, addressing the stark disparity in the industry.

Pimberly, the UK-based PIM and DAM software provider, has secured an additional £4m ($5m) for expansion into US and European markets, raising its total funding to over £14m ($17.8m).

Dotz Nano secures up to A$12m aimed at further developing and commercialising their innovative carbon capture technology, DOTZearth.

TechDay's 10 Minute IT Jams speaks to Rafay's CEO, Haseeb Budhani, about the company's work in the Kubernetes space.