CFOtech Australia - Technology news for CFOs & financial decision-makers

Capital raising stories - Page 10

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Amelia named as leading AI provider in Everest Group AI Top 50

Mon, 4th Dec 2023
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genai
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ai
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healthtech
Amelia, a leading AI software company, has been recognised as a top AI provider in the inaugural Everest Group AI Top 50.
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Australian fintech sector shows success but start-ups face steep entry barriers

Mon, 4th Dec 2023
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fintech
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ey
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financial institutions
Australia's fintech sector thrives, yet emerging start-ups battle daunting entry barriers, according to EY FinTech Australia Census report.
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Amazon pledges to provide free AI training to two million people by 2025

Fri, 1st Dec 2023
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edutech
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hyperscale
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public cloud
Amazon pledges to offer free AI training to two million people globally by 2025 as part of its 'AI Ready' commitment.
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Adyen introduces 'Capital' for timely funding of Australian SMBs

Fri, 17th Nov 2023
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partner programmes
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capital
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transparency
Adyen launches 'Capital' in Australia, addressing financial hurdles faced by small and medium-sized businesses.
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Technical debt noted as major hurdle for CTOs by 2024, STX Next reports

Thu, 16th Nov 2023
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ransomware
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advanced persistent threat protection
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cloud services
91% of CTOs see technical debt as their biggest challenge for 2024, according to a survey by STX Next. Capacity and security were also top concerns.
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AI focus to drive global M&A activity upswing in 2024, says Gartner

Thu, 16th Nov 2023
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ai
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inflation
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telstra ventures
Gartner predicts that a renewed emphasis on technology, particularly AI, will boost the global M&A market in 2024 after a downturn in activity.
Brain

AI-powered assistant creator Tabnine raises $25m in Series B funding round

Thu, 9th Nov 2023
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genai
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data privacy
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ai
AI-assistant developer Tabnine raises $25m in a Series B round, taking total funding to $42.5m, led by Telstra Ventures.
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Qatar & Singapore reinforce ties with joint innovation challenge

Wed, 8th Nov 2023
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clean technologies
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sustainability
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grants
Qatar and Singapore boost bilateral relations with the launch of the Joint Innovation Challenge focusing on energy, sustainability and insurtech.
Fintech

Australian fintech startup numbers dwindle amid challenging economic conditions

Mon, 6th Nov 2023
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edutech
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software development
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kpmg
Number of Australian fintech startups drops for the first time, down 3% to 830, as challenging economic conditions persist.
Pay

Payapps secures GBP £10.5 million CIBC IB investment for UK & Ireland expansion

Fri, 3rd Nov 2023
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supply chain
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funding
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capital raising
Australia-based construction software firm, Payapps, has secured a £10.5m venture growth investment from CIBC Innovation Banking.
Report

Zero Trust security goes mainstream, reveals Okta's 2023 report

Thu, 26th Oct 2023
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zero trust security
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passwordless
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cybersecurity
Zero Trust security has now become mainstream, with 61% of organizations adopting the contemporary framework, according to the latest report by Okta.
Raising

Software firm xtype secures $10.8m funding amidst rising ServiceNow demand

Thu, 26th Oct 2023
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digital transformation
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healthtech
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app store
xtype secures $10.8m in funding as demand for its agile software solutions in the ServiceNow market continues to surge.
Security professional

WatchGuard unveils new AI-powered cybersecurity service to aid MSPs

Wed, 25th Oct 2023
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firewalls
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breach prevention
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features
WatchGuard Technologies presents WatchGuard MDR, an AI-driven, 24/7 Managed Detection and Response cybersecurity service designed for MSPs.
Market

Video: 10 Minute IT Jams - An update from Eden Exchange with Raghu Rajakumar

Tue, 24th Oct 2023
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ecm
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cx
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martech
Raghu Rajakumar, who is the Founder & CEO of Eden Exchange, joins us today to tell us more about Eden Exchange and how they are taking the company global.
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NetSuite selected by Cohere to gear up for rapid AI-fueled growth

Mon, 23rd Oct 2023
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erp
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ai
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customers
Cohere, an AI platform, has chosen to use NetSuite's cloud business suite to enhance productivity and support growth.
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NZ tech firms RUSH and Downer to develop road safety AI

Wed, 11th Oct 2023
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it industry
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engineering
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r&d
New Zealand technology company RUSH and Downer Transport & Infrastructure have secured funding to develop AI technology to increase road safety.
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SuperOps.ai raises $12M following 300% spike in customers

Wed, 11th Oct 2023
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cybersecurity
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investment
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capital raising
SuperOps.ai, the AI-powered IT management software platform, has raised $12.4m in Series B funding, with customer numbers increasing by 300%.
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PerfectScale secures US$7.1 million for Kubernetes optimisation

Fri, 6th Oct 2023
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virtualisation
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paas
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iaas
The latest investment brings the company's total funding to nearly US$10 million since its founding in March 2022.
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Energy risk software provider Pexapark raises millions for global expansion

Wed, 27th Sep 2023
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power / energy
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risk & compliance
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clean technologies
Pexapark secures €20m in Series C funding led by Telstra Ventures to bolster its renewable energy risk management software and advisory services.
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Pixis raises USD $85 million in series C1 funding round

Mon, 18th Sep 2023
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ai
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ai models
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marketing
Pixis, a codeless AI infrastructure company for marketing, has raised USD $85 million in its series C1 funding round.  .