Investment stories
Velixo has secured Series A funding from Elephant to enhance its Excel-based ERP reporting solutions, aiming to drive innovation and growth in the sector.
KOMI Group from Manchester has promoted three executives as it celebrates a 45% surge in annual turnover, supporting its ambitious growth strategy.
Money20/20 has launched The Money Awards, a global initiative to honour exceptional leaders and innovators in the fintech sector, recognising five key categories.
SigIQ.ai has launched from stealth mode, raising USD $9.5 million to enhance its AI tutoring tech, aiming to reshape education accessibility globally.
Series, a new social platform aimed at Gen Z, has launched with USD $3 million funding, utilising AI to enhance connections among college students.
Global Cloud Xchange has rebranded as FLAG, aiming to enhance its subsea, edge data centres, and cable landing stations investment across diverse regions.
Velixo has secured significant investment from Elephant in a Series A funding round, aimed at bolstering its ERP-connected reporting capabilities within Excel.
Databricks is expanding its footprint in Australia and New Zealand, aiming to boost AI capabilities and workforce to over 200 by year-end amid rising demand.
Gallagher Security has signed two MoUs in India during New Zealand Prime Minister Christopher Luxon's visit, aiming to enhance collaboration in various sectors.
Gresham has appointed Matthew Greninger as General Manager of Data Automation Solutions, aiming to strengthen its market presence in financial technology.
Nétive VMS has secured an investment from Fortino Capital and appointed Mikael Lindmark as CEO, aiming to expand its presence in international markets.
Lineaje has appointed Intekhab Nazeer as CFO and Mikala Vidal as Head of Growth, aiming to enhance its expansion plans following last year's USD $138 million Series A funding.
Wildstone has expanded its Australian presence by acquiring Total Outdoor Media's 52 billboard sites in Victoria, marking its first major investment in the region.
Star Union Dai-ichi Life Insurance has opened an IFSC Insurance Office at GIFT City, launching international insurance services for US dollar-denominated products.
DaveAI has raised new funds in a pre-Series A round led by Inflection Point Ventures and SucSEED, aimed at enhancing its AI technology and global expansion.
Alibaba Cloud has launched advanced AI models and tools aimed at international customers, enhancing its offerings in Singapore as part of a USD $53 billion investment.
Accenture's research highlights the struggle of Australia's infrastructure sector, with 92% of projects missing schedules and 30% exceeding budgets due to rising costs.
Qantas and Airbus have committed AUD $15 million to Climate Tech Partners, aiming to boost sustainable aviation fuel and decarbonisation tech in aviation.
Intralink has acquired Orissa International to bolster its support for tech startups in Southeast Asia, expanding its regional expertise and service offerings.
Lumai has secured over $10 million in investment to boost its AI processing capabilities and data centre sustainability through innovative optical computing technology.