TelcoNews UK - Telecommunications news for ICT decision-makers

Capital raising stories - Page 6

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Silicon Valley Bank provides USD $50M to Bugcrowd
Fri, 1st Nov 2024
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cloud security
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blockchain
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cybersecurity
Silicon Valley Bank has granted Bugcrowd USD $50 million to enhance its AI-driven cybersecurity solutions and accelerate growth in the global market.
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CybaVerse secures GBP £1.1m funding & new leadership
Thu, 31st Oct 2024
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advanced persistent threat protection
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partner programmes
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cybersecurity
CybaVerse has secured over GBP £1.1 million in funding and expanded its leadership team, aiming to enhance cyber security for SMEs.
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Australian firms face cybersecurity risks amid AI adoption
Thu, 31st Oct 2024
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risk & compliance
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ai
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cybersecurity
A new ADAPT survey reveals that 65% of Australian CISOs lack resources to manage rising cybersecurity risks as AI adoption accelerates.
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Supermom secures SGD$18m for AI growth & expansion
Thu, 31st Oct 2024
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ai
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investment
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technology funding
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.
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Alimetry raises USD $18m for gut health innovation
Tue, 29th Oct 2024
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data privacy
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gdpr
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funding
Alimetry has secured $18 million in oversubscribed funding to advance its FDA-approved wearable device for gut health monitoring and diagnosis.
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Concentric AI raises USD $45m to drive data security
Fri, 25th Oct 2024
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data protection
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cloud security
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genai
Concentric AI has raised USD $45 million in Series B funding, significantly boosting its position in the growing Data Security Posture Management market.
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Nick Hoar joins Volution as Senior Partner for APAC expansion
Fri, 25th Oct 2024
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saas
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fintech
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blockchain
Nick Hoar joins Volution as Senior Partner, bringing over 30 years of asset management experience to bolster the firm's global expansion efforts.
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Voluntas Group launches advisory firm for tech founders
Thu, 24th Oct 2024
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entrepreneurship
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capital raising
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venture capital
Voluntas Group has launched Voluntas Elevate, an advisory firm designed to support underserved tech founders with growth, scaling, and funding needs.
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ScaleWise acquires Pug & Bear to boost UK startup growth
Wed, 23rd Oct 2024
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m&a
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funding
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capital raising
ScaleWise has acquired Pug & Bear to combat declining UK startup graduation rates from Seed to Series A funding, which dropped from 12.5% to 4.5%.
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Socket secures USD $40m series B to combat supply threats
Wed, 23rd Oct 2024
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application security
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advanced persistent threat protection
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ai
Socket has completed a USD $40 million funding round, aiming to enhance security for open-source software amid rising supply chain attacks.
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Diamond Logistics secures loan to expand partner network
Mon, 21st Oct 2024
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network infrastructure
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supply chain & logistics
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smb
Diamond Logistics has secured a GBP £1 million loan from Frontier Development Capital to enhance its national network and empower small businesses.
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DNAiTECH secures NZD $1 million for instant diagnostics
Mon, 21st Oct 2024
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callaghan innovation
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engineering
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funding
DNAiTECH, based in Marlborough, has secured NZD $1 million in funding to develop innovative instant diagnostic tests for humans and animals.
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Simplismart secures USD $7m to enhance AI for enterprises
Fri, 18th Oct 2024
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genai
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data privacy
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ai
Simplismart has raised USD $7m in funding led by Accel to advance its AI deployment capabilities, unveiling a cutting-edge inference engine for enterprises.
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Everstage secures USD $30m in Series B funding round
Thu, 17th Oct 2024
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data analytics
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cx
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martech
Everstage has successfully raised USD $30 million in Series B funding, led by Eight Roads Ventures, to enhance its innovative sales commission management platform.
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Growth Lending & Aros Kapital launch GBP£1bn fund for SMEs
Tue, 15th Oct 2024
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saas
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capital
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collaboration
Growth Lending and Aros Kapital have joined forces to provide GBP£1 billion in loans to UK SMEs over the next 5 to 6 years, targeting various sectors.
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Emerge secures $12m to revolutionise NZ banking
Mon, 14th Oct 2024
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fintech
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cx
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martech
New Zealand's challenger bank Emerge has raised USD $12 million in Series A funding to enhance its digital banking services for local businesses.
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ApertureData raises USD $8.25m for multimodal AI database
Fri, 11th Oct 2024
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ai
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cloud services
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db
ApertureData has closed an oversubscribed seed funding round raising USD $8.25 million to enhance its multimodal AI database solution, ApertureDB Cloud.
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N4L partners with Palo Alto & 2degrees for school network
Mon, 7th Oct 2024
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edutech
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firewalls
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breach prevention
N4L has forged long-term partnerships with Palo Alto Networks and 2degrees to enhance Managed Network services for New Zealand schools, starting March 2025.
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NBN Co raises USD $1 billion via US bond issuances
Fri, 4th Oct 2024
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uc
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cleantech
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sustainability
NBN Co raises USD $1 billion in US bonds, oversubscribed by USD $4.3 billion, aiming to refinance debt and expand green project investments.
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Blackpanda secures USD $6.7m to boost Asia's cyber defence
Thu, 3rd Oct 2024
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uc
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telco
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emergency services
Blackpanda raises USD $6.7 million to boost its cyber emergency services across Asia, enhancing its IR-1 solution and scaling operations.