TelcoNews UK - Telecommunications news for ICT decision-makers

Funding stories

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Simplismart secures USD $7m to enhance AI for enterprises
Today
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genai
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data privacy
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ml
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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Growth Lending & Aros Kapital launch GBP£1bn fund for SMEs
4 days ago
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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
Last week
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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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N4L partners with Palo Alto & 2degrees for school network
Last week
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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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Blackpanda secures USD $6.7m to boost Asia's cyber defence
This month
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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.
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Tiger Global invests $20 million into LiquidStack's Series B
Last month
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it in manufacturing
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datacentre infrastructure
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hpc
LiquidStack secures $20 million from Tiger Global, boosting Series B funding to $35 million. Funds to enhance manufacturing, R&D, and expand cooling solutions for AI-driven data centres.
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Economic pressures, AI reshape cloud strategy in Australia
Last month
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economics
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strategy
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funding
ADAPT's 2024 survey reveals Australian firms shift cloud modernisation priorities due to economic pressures, AI adoption, and mounting technical debt challenges.
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Bugcrowd partners with Cyber Vigilance to boost UK cybersecurity
Last month
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uc
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cloud security
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partner programmes
Bugcrowd partners with Cyber Vigilance to tackle UK cybersecurity skills shortage, leveraging Bugcrowd's hacker community for enhanced security services.
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EasyDMARC raises USD $20 million to boost global expansion
Last month
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email security
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google
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yahoo
EasyDMARC secures USD $20 million in Series A funding led by Radian Capital to bolster global operations and enhance email security technology amid rising phishing threats.
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Purple Transform secures GBP £4.5m to expand AI analytics reach
Last month
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data analytics
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ai
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cisco
Purple Transform raises GBP £4.5 million to expand AI data analytics in the West Midlands, led by Mercia Ventures. The funding will support new sectors and job creation.
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crowdstrike, aws & nvidia launch cybersecurity accelerator
Last month
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hyperscale
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cloud security
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ai security
CrowdStrike, AWS, and NVIDIA team up for the second Cybersecurity Startup Accelerator, offering funding, mentorship, and up to USD $25,000 in AWS credits.
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Directo secures AUD $2 million to boost pharmacy marketplace
Last month
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healthtech
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b2b
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funding
Directo, a Melbourne-based B2B pharmacy marketplace, has raised AUD $2 million from sophisticated investors to support its ambitious expansion and growth plans.
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HeyFlow secures GBP £235,000 from Aer Venture Studios
Last month
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storage
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ai
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workplace
HeyFlow has secured GBP £235,000 from Aer Venture Studios to enhance its platform, tackling workplace reproductive health issues and promoting gender inclusion.
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Fastn secures USD $2.6 million to advance composable architecture
Last month
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hp
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funding
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composable infrastructure
Fastn secures USD $2.6 million in seed funding to enhance its composable architecture platform, led by LiveOak Ventures, Antler, and tech co-founders.
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Australian councils partner with SurePact for grant management
Last month
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software
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transparency
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funding
Four regional Australian councils have teamed up with SurePact to overhaul grant management, aiming to replace outdated methods with a streamlined software solution.
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Re-Leased raises USD $12.5 million to boost AI in real estate
Last month
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ai
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customers
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productivity
Re-Leased, a New Zealand property software firm, secures USD $12.5 million funding led by Movac to boost AI capabilities, expand in the UK and US, and support investor liquidity.
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Paris AI startup Steerlab raises USD $1.9 million in pre-seed round
Last month
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hyperscale
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cybersecurity
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sales
AI startup Steerlab secures USD $1.9m pre-seed funding to enhance its platform automating RFP responses, aiming to attract top talent and scale sales in US and Europe.
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Warehow secures £2.1 million in Series A funding round
Last month
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ebay
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funding
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smes
eCommerce fulfilment specialist Warehow has raised £2.1 million in Series A funding, led by the Midlands Engine Investment Fund II and Mercia Ventures.
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GoWit launches self-service retail media setup in 15 minutes
Thu, 29th Aug 2024
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linkedin
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funding
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retailers
GoWit unveils a self-service solution, enabling retailers to set up retail media advertising in just 15 minutes at no cost, after securing USD $1.3 million.
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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.