Venture Capital stories - Page 17

Melbourne's Sensand has launched a pioneering platform aimed at boosting transparency and efficiency in the carbon credit market for Australian businesses.

Paloma Capital has unveiled its second tech fund, targeting AUD $25 million to invest in high-growth startups across Australia and New Zealand.

Alimetry has secured $18 million in oversubscribed funding to advance its FDA-approved wearable device for gut health monitoring and diagnosis.

Voluntas Group has launched Voluntas Elevate, an advisory firm designed to support underserved tech founders with growth, scaling, and funding needs.

Socket has secured USD $40 million in Series B funding to reinforce its fight against software supply chain security threats, with total capital now at USD $65 million.

Wolt has released a report marking its 10th anniversary, revealing EUR €19 billion in economic activity generated across 1,000 cities over the decade.

CryptoLab and Niobium have formed a strategic partnership to enhance privacy and performance in AI applications, raising over USD$20 million in funding.

QuantumLight, led by Revolut's CEO Nik Storonsky, releases a playbook for tech startup founders on building high-performance teams, based on Revolut's success.

Charlie Ill has been named the new CEO of Investible, succeeding Rod Bristow. Ill's appointment is expected to drive the firm's next growth phase.

Fresha secures a $31 million venture debt facility from J.P. Morgan to fuel expansion, enhance AI capabilities, and support new market entries.

Mandalay Venture Partners has secured an AUD $300k grant from the Victorian Government to enhance the state's agtech sector, part of a broader AUD $2.4m initiative.

TanX has hit a quarterly trading volume of USD $1 billion, marking a 70% rise and underscoring the growing reliance on decentralized trading platforms.

Check Point names Nadav Zafrir as new CEO amid strong Q2 2024 results, with revenues up 7% to USD $627 million. Founder Gil Shwed to become Executive Chairman.

Australia's equity crowdfunding grows 16% in FY24, raising AUD $64.5 million from 35,000 investments, despite economic challenges. Birchal leads with AUD $46.5 million.

The green tech market is set to surge with a 22.4% CAGR from $16.25 billion in 2022 to $122.69 billion by 2032, driven by emerging regions and innovation.

Contrarian advice for tech founders: avoid early capital raising, don't aim for unicorn status, embrace unscalable tasks, and ignore early awards.

Digital asset platform Haruko secures USD $6 million for Southeast Asia expansion, led by White Star Capital and MMC Ventures, boosting its total funding to USD $16 million.

Evexus has launched a cutting-edge event management software, set to revolutionise event planning globally with advanced AI and innovative features.

Scaleup Mediafund, Australia's only media-for-equity fund, commits AUD $15 million in ads to boost Hawkes Brewing and Bare Funeral Group in a new funding round.

Illumio, a Zero Trust Segmentation company, has earned a spot on the Cyber 66 report for the second year in a row, cementing its crucial role in transforming organisational security postures amid a rapidly changing cybersecurity landscape.