Capital raising stories
ADAPT's 2024 survey reveals Australian firms shift cloud modernisation priorities due to economic pressures, AI adoption, and mounting technical debt challenges.
Directo, a Melbourne-based B2B pharmacy marketplace, has raised AUD $2 million from sophisticated investors to support its ambitious expansion and growth plans.
Four regional Australian councils have teamed up with SurePact to overhaul grant management, aiming to replace outdated methods with a streamlined software solution.
ApertureData has closed an oversubscribed seed funding round raising USD $8.25 million to enhance its multimodal AI database solution, ApertureDB Cloud.
NBN Co raises USD $1 billion in US bonds, oversubscribed by USD $4.3 billion, aiming to refinance debt and expand green project investments.
LiquidStack has secured a $20 million boost from Tiger Global in its Series B funding, raising the total to $35 million to enhance cooling solutions.
Amid a veterinary burnout crisis, AI medical scribe Scribenote raises USD $8.2m in seed funding to ease documentation burdens and improve vet care.
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.
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.
CrowdStrike, AWS, and NVIDIA team up for the second Cybersecurity Startup Accelerator, offering funding, mentorship, and up to USD $25,000 in AWS credits.
Fastn secures USD $2.6 million in seed funding to enhance its composable architecture platform, led by LiveOak Ventures, Antler, and tech co-founders.
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.
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.
New Zealand's challenger bank Emerge has raised USD $12 million in Series A funding to enhance its digital banking services for local businesses.
N4L has forged long-term partnerships with Palo Alto Networks and 2degrees to enhance Managed Network services for New Zealand schools, starting March 2025.
Blackpanda raises USD $6.7 million to boost its cyber emergency services across Asia, enhancing its IR-1 solution and scaling operations.
Bugcrowd partners with Cyber Vigilance to tackle UK cybersecurity skills shortage, leveraging Bugcrowd's hacker community for enhanced security services.
HeyFlow has secured GBP £235,000 from Aer Venture Studios to enhance its platform, tackling workplace reproductive health issues and promoting gender inclusion.
Transreport secures £10 million in funding, appoints new leadership to drive global expansion, aiming to make public transport more accessible for Disabled and older individuals.
eCommerce fulfilment specialist Warehow has raised £2.1 million in Series A funding, led by the Midlands Engine Investment Fund II and Mercia Ventures.