Capital raising stories - Page 8

Swoop inks a landmark AUD $36m deal with a NASDAQ-listed tech giant to roll out fibre infrastructure in Greater Melbourne, their biggest contract yet.

An industry report by Birchal reveals Australian crowd-sourced funding grew by 16% in FY24, with AUD $64.5 million raised despite economic challenges.

Australian startup Fugu secures seed funding led by Investible to develop solid direct air capture technology aimed at large-scale CO2 removal.

SAS and The Kids Cancer Project have extended their partnership for three years, aiming to advance childhood cancer research in Australia through enhanced analytics.

Samsara Eco, an Australian enviro-tech firm, has raised AUD $100M in Series A+ funding, led by Temasek and Main Sequence, to scale its plastic recycling capabilities.

Creatio secures USD $200 million in funding, reaching a USD $1.2 billion valuation. Led by Sapphire Ventures, this investment will bolster global expansion and AI innovation.

A Pin Payments survey reveals Australian SMEs are most concerned about cybercrime, while New Zealand SMEs struggle with late payments, economic hardships hitting both.

Canon Oceania's 2024 Grants Program has launched, offering AUD $40,000 to support educational, community, and environmental initiatives across Australia and New Zealand.

Subble has unveiled a new SaaS management platform, supported by GBP £1 million in pre-seed funding, aimed at cutting unnecessary software costs for businesses.

The federal government's 'rapid review' into preventing violence against women has sparked urgent calls for stronger measures against digital abuse, according to the Telco Together Foundation.

Averlon has come out of stealth mode, securing USD $8 million to advance its AI-driven cloud security platform, backed by Voyager Capital and others.

The new U.S. Insider Risk Management Centre of Excellence launches to strengthen insider threat defences, collaborating with the Australian and Canadian counterparts.

Simr, formerly UberCloud, unveils SimOps, promising to speed up manufacturing simulations tenfold and secures USD $20 million in Series A funding led by BMW i Ventures.

Australian fintech Zeller is launching a regional initiative, offering AUD $10,000 in annual grants to support small businesses with tech and resources amid economic shifts.

Recent SAP research finds 68% of Australian businesses link sustainability with competitiveness and profitability, driving new corporate strategies nationwide.

RecycleSmart raises $1.15m from 1014 investors as demand for its innovative waste management services doubles. Expansion set to boost Australia's recycling efforts.

AI-based analysis platform Bridgewise secures $21m in funding led by SIX Group, raising total capital to $35m to expand reach and enhance its AI technology for global security insights.

NextWork, an EdTech startup, offers a unique adaptive platform for quick upskilling, starting with a free AWS Certification course.

FinTech Australia calls for government policy revisions, citing capital raising challenges for startups and the need for stronger support from Austrade to boost the country's fintech reputation internationally.

KPMG Australia and Stone and Chalk seek innovative start-ups for the fourth run of the Future Technology Program to tackle economic challenges and improve business performance.