Funding stories
As mere 2p in every £1 invested in early-stage UK businesses goes to women, the IWD 2024 focus is on addressing the disparity in funding for female entrepreneurs.
Pimberly, the UK-based PIM and DAM software provider, has secured an additional £4m ($5m) for expansion into US and European markets, raising its total funding to over £14m ($17.8m).
The UK government earmarks £100m for more agile AI regulation to bolster the country's tech sphere, enhancing understanding and leveraging of AI's potential.
Lisbon-based start-up, Vawlt, secures an additional €2.15m funding to boost their unique long-term distributed storage solution and expand their global footprint.
IWD 2024 puts spotlight on the need for greater investment and inclusion of women in the tech sector, particularly in the historically male-dominated world of open-source.
IWD 2024: Unconscious bias and stringent funding criteria hinder women tech founders, despite proven capability to disrupt industries and create million-dollar businesses.
Device Authority, a leader in IoT identity and access management, has secured an additional $2m in Series A funding from US venture capital firm Mercato Partners' Prelude Fund.
Dotz Nano secures up to A$12m aimed at further developing and commercialising their innovative carbon capture technology, DOTZearth.
New tech start-up, p0, emerges from stealth with a unique approach to software testing, having successfully secured $6.5m seed funding led by Lightspeed Venture Partners.
AiDash, a satellite-first software solution provider for multiple industries, raises $50m in a bid to expand operations and boost combating climate-related threats.
India-Japan Fund invests Rs. 400 Crore in Mahindra and Mahindra's Last Mile Mobility, bolstering the company's sustainable transport goals in its first-ever investment act.
Green data centre operator, Digital Power Optimization, Inc., secures renewable energy supply through a PPA with a multinational provider, planning to directly harness wind power from Texas farms for its facilities.
Aqua Security secures $60m extra funding, boosting its market value to over $1 billion, led by Evolution Equity Partners and backed by existing investors.
AtomBeam hits $3 million startup funding, showing strong investor faith in its game-changing data-shrinking tech.
Empyrion DC secures its first green loan of SGD$133 million from UOB, bolstering its commitment to environmental sustainability and aiding operations of the award-winning SG1 Dodid Data Centre.
RSM Australia warns that identity and cyber fraud pose significant threats to the healthcare sector, with criminals exploiting complex funding sources and billing systems.
Australian firm GigaComm to extend its ultra-fast internet service to more east coast businesses and residential blocks.
Climate startup CarbonHQ raises AUD $600,000 in pre-seed funding to boost transparency in volatile carbon market and expedite Carbon credits projects.
Diverse companies outperform less diverse peers, McKinsey report shows, prompting calls for Australian venture capital funds to publicly disclose diversity levels within their investment portfolios.
Netsafe's 2023 research reveals a sharp rise in harmful digital communications experienced by New Zealanders, with almost half of the Māori population and many under 30 falling victim.