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Question marks over valuation as Canva makes AI pivot
Software-as-a-Service

Question marks over valuation as Canva makes AI pivot

Lower revenues and higher AI costs are challenges for Australian design software company Canva to maintain growth as it mulls IPO.

By David Shilovsky • 4 min read • Yesterday
Medly raises USD $8 million to grow AI tutoring app
eLearning

Medly raises USD $8 million to grow AI tutoring app

The seed round will help the London edtech widen UK access to AI exam prep, after attracting more than 400,000 users and a Department for Education grant.

By Sofiah Nichole Salivio • 4 min read • 2 days ago
Databricks Ventures backs Advancing Analytics growth
Data Analytics

Databricks Ventures backs Advancing Analytics growth

The funding will help more enterprises shift older data systems onto Databricks tools as demand for AI deployment services accelerates.

By Karen Joy Bacudo • 3 min read • 2 days ago
Northleaf closes USD $450 million asset-based fund
Venture Capital

Northleaf closes USD $450 million asset-based fund

The close gives Northleaf fresh firepower to back specialist receivables and royalty deals as private credit firms hunt for new income sources.

By Karen Joy Bacudo • 4 min read • 2 days ago
Rezolv raises USD $12.5 million to expand AI tools
Software-as-a-Service

Rezolv raises USD $12.5 million to expand AI tools

The funding will help the Mumbai-based lender software maker push AI across collections and lending workflows for banks and NBFCs.

By Joseph Gabriel Lagonsin • 4 min read • 2 days ago
Space raises USD $2.4 million for AI-native filesystem
Software-as-a-Service

Space raises USD $2.4 million for AI-native filesystem

The startup aims to spare creators and AI agents from downloading large files before work can begin, after a pre-seed round led by a16z Speedrun.

By Sofiah Nichole Salivio • 4 min read • 3 days ago
Most pharma AI is borrowed, ours is built
Software-as-a-Service

Most pharma AI is borrowed, ours is built

A bespoke office server now cuts a 70-slide medical presentation editing job from two and a half days to 15 minutes, keeping pharma data secure.

By Drs Stijn van den Borne • 5 min read • 4 days ago
Yuno raises USD $45 million to expand global payments
Software-as-a-Service

Yuno raises USD $45 million to expand global payments

The fresh capital will help Yuno widen its payments network, add products and edge closer to profitability as it scales worldwide.

By Karen Joy Bacudo • 4 min read • Last week
Metal Morph raises GBP £700,000 to recycle water chemicals
Supply Chain

Metal Morph raises GBP £700,000 to recycle water chemicals

The funding could help cut water-treatment costs and emissions, after trials recovered 90% of spent chemicals at 95% purity.

By Sofiah Nichole Salivio • 4 min read • Last week
Sterling raises NZD $3.8 million to automate finance
Software-as-a-Service

Sterling raises NZD $3.8 million to automate finance

The new capital will help the startup hire and target larger finance teams across New Zealand, Australia and the United States.

By Karen Joy Bacudo • 4 min read • Last week

Stories from Other Regions

Venture Capital stories

1Kosmos brings identity checks to EpicCare Link users
Data Protection

1Kosmos brings identity checks to EpicCare Link users

The integration could cut onboarding delays for hospitals while reducing the risk of unauthorised access to sensitive patient records.

By Mark Tarre • 4 min read • Today
Craif raises USD $33 million & names Chief Medical Officer
Health Technologies

Craif raises USD $33 million & names Chief Medical Officer

The cash will fund US research, a pancreatic cancer study and preparations for a urine-based cancer test launch as the company ramps up in America.

By Sofiah Nichole Salivio • 5 min read • Today
ACTivate Capital backs Seitec's AUD $4m defence deal
Artificial Intelligence

ACTivate Capital backs Seitec's AUD $4m defence deal

The funding will help Seitec expand overseas and grow its Canberra team as demand rises for defence tech with export potential.

By Karen Joy Bacudo • 3 min read • Yesterday
Mercury launches two cash funds with Morgan Stanley
Fintech

Mercury launches two cash funds with Morgan Stanley

Startups can now earn higher returns on idle balances as Mercury adds exclusive fund options from Morgan Stanley and State Street.

By Karen Joy Bacudo • 4 min read • Yesterday
Aprio launches venture arm for AI & tech investments
Digital Transformation

Aprio launches venture arm for AI & tech investments

The US advisory firm is formalising years of AI investments with a dedicated unit that will test tools inside its accounting and client work.

By Karen Joy Bacudo • 4 min read • Yesterday
Mindgard raises USD $30 million to boost AI security
Data Protection

Mindgard raises USD $30 million to boost AI security

Customer demand is helping the Boston and London startup expand as enterprises race to secure AI systems against fresh attack risks.

By Karen Joy Bacudo • 3 min read • 4 days ago
Cytix launches risk platform after GBP £5.2m funding
DevOps

Cytix launches risk platform after GBP £5.2m funding

UK security leaders are warning that AI-generated code is outpacing controls, with a quarter already seeing incidents from flaws it introduced.

By Sofiah Nichole Salivio • 4 min read • Last week
Inploi wins G-Cloud 15 place for public sector hiring
Software-as-a-Service

Inploi wins G-Cloud 15 place for public sector hiring

Public bodies can now buy inploi's recruitment platform more easily, as G-Cloud 15 opens access for NHS trusts, councils and departments.

By Sofiah Nichole Salivio • 4 min read • Last week