Capital raising stories
Tempest has emerged from stealth with USD $3.2 million in funding to tackle platform engineering challenges for technology businesses.
Tempest, a new developer platform backed by USD $3.2M in funding, aims to streamline software delivery for engineering teams facing complex challenges.
The GitHub Secure Open Source Fund has launched with AUD $1.91 million to boost security in 125 open source projects, offering financial support and education.
ChapsVision has acquired Sinequa, a leader in AI search solutions, alongside securing USD $90 million funding to boost growth and technology focus.
Animoca Brands has raised an additional USD $10 million to expand Mocaverse, enhancing Web3 adoption and interoperability efforts across the network.
Auror has raised AUD $72.6 million in Series C funding to enhance its retail crime-fighting technology and expand into North America and the UK.
LocalStack secures USD $25 million in Series A funding to enhance its platform, enabling developers to optimise their cloud computing environments.
Thesys has secured USD $4 million in funding led by Together Fund to revolutionise AI-driven interfaces with its innovative 'Generative UI' platform.
Symbiotic Security has secured USD $3 million in pre-seed funding to launch a software that enhances security during the software development process.
Xero has awarded SG$630,000 to 28 winners of the 2024 Beautiful Business Fund, supporting small businesses across multiple countries.
OLOID has secured $6 million in Series A1 funding to enhance its identity management solutions for deskless workers and integrate with Workday.
Beamery secures significant funding from CIBC Innovation Banking to enhance its AI-driven talent management platform and accelerate growth plans.
Spot AI has unveiled its new Video AI Agents, revolutionising surveillance technology following a recent funding round that secured USD $31 million.
Silicon Valley Bank has granted Bugcrowd USD $50 million to enhance its AI-driven cybersecurity solutions and accelerate growth in the global market.
Semperis is expanding in Australia following a USD $125 million funding boost, targeting enhanced cyber resilience amid rising ransomware threats.
CommBox has raised GBP £12.3 million from PSG Equity to boost its AI technologies and expand its operations into new markets.
Coventry and Warwickshire are offering GBP £4.35 million in funding to boost innovation and business growth in the local Immersive and Creative technology sector.
Salesfire has secured GBP £2.75 million in funding to advance its AI technology for eCommerce, creating over ten new jobs in the next two years.
CybaVerse has secured over GBP £1.1 million in funding and expanded its leadership team, aiming to enhance cyber security for SMEs.
A new ADAPT survey reveals that 65% of Australian CISOs lack resources to manage rising cybersecurity risks as AI adoption accelerates.