Funding stories - Page 7

New tech start-up, p0, emerges from stealth with a unique approach to software testing, having successfully secured $6.5m seed funding led by Lightspeed Venture Partners.

Diverse companies outperform less diverse peers, McKinsey report shows, prompting calls for Australian venture capital funds to publicly disclose diversity levels within their investment portfolios.

Aqua Security secures $60m extra funding, boosting its market value to over $1 billion, led by Evolution Equity Partners and backed by existing investors.

AtomBeam hits $3 million startup funding, showing strong investor faith in its game-changing data-shrinking tech.

Birchal, an Australian equity crowdfunding platform, has obtained $2.39m from a successful funding campaign, benefiting local startups. .

Australian cybersecurity firm Plerion secures exclusive AWS Security Competency status, affirming its cloud security prowess.

Australian tech startup Leonardo.Ai raises AUD $47m to transform the art industry, after attracting seven million global users.

In 2023, the Recycle A Device (RAD) project achieved remarkable milestones, including donating 2,374 laptops and winning notable accolades.

Amelia, a leading AI software company, has been recognised as a top AI provider in the inaugural Everest Group AI Top 50.

Amazon pledges to offer free AI training to two million people globally by 2025 as part of its 'AI Ready' commitment.

Adyen launches 'Capital' in Australia, addressing financial hurdles faced by small and medium-sized businesses.

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.

Gartner predicts that a renewed emphasis on technology, particularly AI, will boost the global M&A market in 2024 after a downturn in activity.

AI-assistant developer Tabnine raises $25m in a Series B round, taking total funding to $42.5m, led by Telstra Ventures.

Qatar and Singapore boost bilateral relations with the launch of the Joint Innovation Challenge focusing on energy, sustainability and insurtech.

Australia-based construction software firm, Payapps, has secured a £10.5m venture growth investment from CIBC Innovation Banking.

Zero Trust security has now become mainstream, with 61% of organizations adopting the contemporary framework, according to the latest report by Okta.

xtype secures $10.8m in funding as demand for its agile software solutions in the ServiceNow market continues to surge.

WatchGuard Technologies presents WatchGuard MDR, an AI-driven, 24/7 Managed Detection and Response cybersecurity service designed for MSPs.

Cohere, an AI platform, has chosen to use NetSuite's cloud business suite to enhance productivity and support growth.