Investment stories - Page 19

With €85m in new funding, PPRO seeks to capitalise on growth opportunities in key markets and broaden its local payment services. It is backed by leading investors, including PayPal Ventures and J.P. Morgan.

The World Broadband Association (WBBA) has released a guidebook offering strategic insights for fostering global broadband development, launched at Barcelona's BDC 2024.

Despite mixed confidence in return on investment, UK IT decision makers plan to boost artificial intelligence funding in 2024, amidst fears of premature adoption, reveals a study by NetApp and YouGov.

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.

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.

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 reveals coding's gender disparity, challenging stereotypes and urging investment in female talent to foster innovation and sustain industry growth.

The UK's tech sector falls short in diversity, with women occupying only 28% of positions and a mere 22% in senior roles, hindering innovation and widening the industry's skill gap.

In the wake of IWD 2024, reflection on women's suppressed role in tech prompts a renewed drive for gender equality, with calls for consistent progress, inclusivity and invested growth in the industry.

IWD 2024: Unconscious bias and stringent funding criteria hinder women tech founders, despite proven capability to disrupt industries and create million-dollar businesses.

Successful women in finance spotlight the industry's evolvement and the necessity to ensure gender balance and flexibility in leadership roles.

Former Orange VP of Sales, Miloud Bensaada, steps into new role as Chief Commercial Officer at Cubic Telecom, strengthening the firm's strategy to dominate the global software-defined connected vehicle and IoT markets.

34% of CFOs are actively developing generative artificial intelligence (GenAI) strategies in their corporations, according to a new survey by Gartner.

Europe's institutions combat a talent shortage and the Great Resignation by harnessing Low-code/No-Code technology, quickening app development whilst fostering innovation and digital transformation.

British companies trail their French and German counterparts in investing in generative AI, jeopardising the UK's chances of gaining an AI advantage.

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.

As inflation spikes and a potential recession looms, businesses must adapt their supply chains with resilience and agility, preparing to not only survive, but thrive amid a changing economic landscape.

Network operators worldwide are set to spend $20bn on AI for network orchestration by 2028, marking a leap of 240% from $6bn in 2024, says Juniper Research.

ServiceNow and Keensight Capital have invested in IT consultancy firm Plat4mation, marking ServiceNow's first European strategic investment to boost customer value delivery and foster growth through partners.

Despite financial challenges, 69% of UK tech SMEs invest in young talent via low-cost recruitment, showing optimism and resilience.