Investment stories
Zoho has announced a partnership with NVIDIA to enhance its AI capabilities, investing USD $10 million to improve large language models for its SaaS applications.
Splunk's latest report reveals that organisations in Australia and New Zealand lead global observability spending, investing AUD $3.4 million annually.
Investment in Australian data centre capacity is projected to surpass AUD $26 billion by 2030, driven by soaring demand for digital services.
Nick Hoar joins Volution as Senior Partner, bringing over 30 years of asset management experience to bolster the firm's global expansion efforts.
Socket has completed a USD $40 million funding round, aiming to enhance security for open-source software amid rising supply chain attacks.
EDGNEX Data Centers, part of DAMAC Group, is investing EUR 400 million in a new 40MW data centre in Madrid to meet rising global demand.
A new study reveals that 70% of telecommunications firms are adopting generative AI, outpacing other sectors in investment and implementation.
Mobii Green Energy Group has partnered with North Rakaia Ltd to launch a green hydrogen data centre in Canterbury, featuring an initial investment of USD $2 billion.
Actica, supported by Sovereign Capital Partners, has acquired Gemba Advantage to strengthen its technology and cybersecurity capabilities for public sector clients.
Potential changes to Capital Gains Tax in the Autumn Budget could hinder UK's tech innovation, warns expert Adam Chick, driving entrepreneurs to sell prematurely.
A survey reveals that 70% of UK financial leaders are delaying investments due to uncertainties before the Autumn Budget, with technology spending prioritised.
Scaleup Mediafund has finalised investments in Naked Life and Settle Easy during its AUD $15 million funding round, focusing on media-for-equity support.
GoCardless has teamed up with US fintech Pipe to launch embedded finance solutions for SMEs in the UK, streamlining access to capital for small businesses.
Paladin Capital Group has appointed Nazo Moosa as Managing Director for its European operations to enhance investment and fundraising capabilities.
Lumachain, an AI supply chain platform from Sydney, secures a minority investment from Chipotle's USD $100 million Cultivate Next fund to enhance food supply transparency.
GaiaLens has been named a winner of FinTech Scotland's ESG innovation call, securing funding to enhance its Greenwashing Analytics Solution.
Kao Data has begun construction on a GBP £350 million data centre in Stockport, set to enhance Greater Manchester's digital infrastructure by 2026.
ProPal Robotics and OnRobot have unveiled Southeast Asia's first off-the-shelf palletising automation solution, targeting Singapore's SME manufacturers.
A report by the Social Market Foundation reveals the UK ranks last for 5G connectivity among 15 global markets, with coverage only 10% of the time.
Belgium-based start-up Enky launches its subscription furniture service in the UK, focusing on sustainability and the circular economy for businesses.
