Funding stories - Page 2

Xero is offering a NZD $20,000 prize to a tech-focused Kiwi small business through its Beautiful Business Fund competition, aiming to boost innovation.

Purple Transform secures Innovate UK funding to develop an AI platform designed to reduce incidents at level crossings and enhance rail safety.

In a move to bolster AI innovation, the government announced funding for 98 new AI projects, allocating £32 million to help drive efficiencies.

New data from the University of Oxford and OpenOcean challenges London's dominance in AI startup funding, revealing higher average funds per startup in South West England.

Lineaje secures USD $20 million in Series A funding to enhance AI-driven software supply chain security, boosting its total funding to USD $27 million.

StorMagic secures investment from Palatine Growth Credit Fund, aiming to boost growth with its new SvHCI product, offering a cost-effective alternative to VMware.

Swoop inks a landmark AUD $36m deal with a NASDAQ-listed tech giant to roll out fibre infrastructure in Greater Melbourne, their biggest contract yet.

An industry report by Birchal reveals Australian crowd-sourced funding grew by 16% in FY24, with AUD $64.5 million raised despite economic challenges.

Endor Labs secures strategic investment from Citi Ventures, boosting its mission to protect software supply chains for major financial institutions.

MAT finance leaders have urged Labour to boost school funding, highlighting rising costs, pay awards, and SEND provisions as critical concerns from an IMP Software survey.

Parker is an AI politician designed to deliver fact-based, impartial decisions to rebuild trust in politics and combat disinformation.

Xero has launched the second Xero Beautiful Business Fund to help small businesses and non-profits with their expansion plans.

Xero's Beautiful Business Fund returns in 2024, offering over NZD $750,000 in funding to support small businesses and nonprofits globally in four key categories.

Australian startup Fugu secures seed funding led by Investible to develop solid direct air capture technology aimed at large-scale CO2 removal.

During recessions, businesses often cut charitable giving to protect their bottom line, but GravityLab urges Kiwi firms to keep funding social justice initiatives.

SAS and The Kids Cancer Project extend their partnership by three years to enhance childhood cancer research in Australia through advanced analytics, significantly boosting donations and research investments.

Samsara Eco, an Australian enviro-tech firm, has raised AUD $100M in Series A+ funding, led by Temasek and Main Sequence, to scale its plastic recycling capabilities.

Creatio secures USD $200 million in funding, reaching a USD $1.2 billion valuation. Led by Sapphire Ventures, this investment will bolster global expansion and AI innovation.

A Pin Payments survey reveals Australian SMEs are most concerned about cybercrime, while New Zealand SMEs struggle with late payments, economic hardships hitting both.

Databarracks secures growth finance from Allica Bank to boost expansion; aims to enhance services and potentially acquire more firms, emphasising cyber resilience.