Funding stories
Accounting software provider iplicit has secured a GBP £25 million investment from One Peak, aiming to enhance its cloud-based solutions for UK businesses.
Patients Know Best has raised GBP £6 million in funding from Growth Lending to enhance its Personal Health Record platform, supporting NHS digitalisation efforts.
Emerald Technology Ventures has led a GBP £8.4 million funding round for Belfast's StormHarvester, aiming to enhance its smart water management solutions.
Applied Labs has secured USD $4.2 million in funding to enhance AI solutions, aiming to improve business operations and customer support reliability.
Keyless has secured an additional USD $2 million, raising total funding to USD $10 million, to enhance its biometric services and expand in North America.
Vertice has secured $50 million in Series C funding, boosting its total to over $100 million, aimed at enhancing global procurement processes.
Young British entrepreneurs Charlie Gray and Ben O'Nion have launched Echo AI, an AI-driven note-taking assistant, with a GBP £2 million investment to boost productivity.
Kaspersky has unveiled three new courses aimed at bolstering cybersecurity skills through its Automated Security Awareness Platform, addressing rising cyber threats.
Verkada has appointed Boudewijn Pesch as Vice President of Japan and Asia-Pacific Channel Sales, tasked with enhancing channel strategy in the region.
Confido Health has secured USD $3 million in seed funding to enhance its AI-driven digital workers addressing staffing issues in the US healthcare sector.
CISA has mandated federal agencies to implement SCuBA Secure Configuration Baselines for Microsoft 365 by mid-2025 to combat rising cyber threats.
SandboxAQ has secured over $300 million in funding, bringing its pre-money valuation to $5.3 billion as it advances in AI and quantum technology.
Vultr secures its first equity financing at a valuation of $3.5 billion, aiming to expand its global AI infrastructure and cloud computing services.
Keepit has secured $50 million in funding to bolster global expansion and innovate its data protection services, raising total funds to $90 million.
RapidCanvas has secured USD $16 million in funding to enhance AI solutions, aimed at addressing the global shortage of data scientists and engineers.
Baya Systems has secured $36 million in Series B funding, led by Maverick Silicon, to bolster its semiconductor technology for AI and IoT applications.
The US Department of Energy has granted a $584.5 million loan guarantee to support solar and battery projects in Puerto Rico, enhancing energy resilience.
Fiverr has unveiled its largest cohort yet for The Future Collective, a business accelerator supporting 15 underrepresented entrepreneurs across the US.
Myriota has raised $50 million to boost its IoT capabilities and create up to 100 jobs at its Adelaide manufacturing base.
A Maori-led fintech initiative in New Zealand aims to raise over $100 million in investment with the launch of the Quay Cove Ethereum Growth Fund.
