Venture Capital stories - Page 23

Voluntas Group has launched Voluntas Elevate, an advisory firm designed to support underserved tech founders with growth, scaling, and funding needs.

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%.

Socket has secured USD $40 million in Series B funding to reinforce its fight against software supply chain security threats, with total capital now at USD $65 million.

Paladin Capital Group has appointed Nazo Moosa as Managing Director for its European operations to enhance investment and fundraising capabilities.

Wolt has released a report marking its 10th anniversary, revealing EUR €19 billion in economic activity generated across 1,000 cities over the decade.

CryptoLab and Niobium have formed a strategic partnership to enhance privacy and performance in AI applications, raising over USD$20 million in funding.

Capmont Technology unveils a €100 million fund to invest in B2B tech startups, boosting its total funding to €300 million.

QuantumLight, led by Revolut's CEO Nik Storonsky, releases a playbook for tech startup founders on building high-performance teams, based on Revolut's success.

Redalpine closes its largest fund to date, the USD $200 million RAC VII, bringing total assets to over USD $1 billion and opens a new office in London.

TanX has hit a quarterly trading volume of USD $1 billion, marking a 70% rise and underscoring the growing reliance on decentralized trading platforms.

Check Point names Nadav Zafrir as new CEO amid strong Q2 2024 results, with revenues up 7% to USD $627 million. Founder Gil Shwed to become Executive Chairman.

The green tech market is set to surge with a 22.4% CAGR from $16.25 billion in 2022 to $122.69 billion by 2032, driven by emerging regions and innovation.

Contrarian advice for tech founders: avoid early capital raising, don't aim for unicorn status, embrace unscalable tasks, and ignore early awards.

Digital asset platform Haruko secures USD $6 million for Southeast Asia expansion, led by White Star Capital and MMC Ventures, boosting its total funding to USD $16 million.

Evexus has launched a cutting-edge event management software, set to revolutionise event planning globally with advanced AI and innovative features.

Illumio, a Zero Trust Segmentation company, has earned a spot on the Cyber 66 report for the second year in a row, cementing its crucial role in transforming organisational security postures amid a rapidly changing cybersecurity landscape.

Buddy, a global marketplace aimed at digitising the $348B metal recycling industry, connects buyers and sellers directly, aiming to streamline the industry and greatly reduce carbon emissions.

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.

IWD 2024: Unconscious bias and stringent funding criteria hinder women tech founders, despite proven capability to disrupt industries and create million-dollar businesses.

Avarni, a leading decarbonisation firm, appoints David Payne as its Chief Commercial Officer and Daniel Jarosch as board Chairman, marking a new phase of global growth.