TelcoNews Australia - Telecommunications news for ICT decision-makers

Investment stories - Page 7

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Senetas sells Votiro to Menlo Security for USD $37.5m

Thu, 20th Feb 2025
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data protection
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advanced persistent threat protection
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cybersecurity
Senetas has sold its subsidiary Votiro to Menlo Security for USD $37.5 million, a strategic move expected to enhance its position in the cybersecurity market.
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CDC launches USD $2.7 billion Laverton data campus

Wed, 19th Feb 2025
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ai
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clean technologies
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government
Construction of a new USD $2.7 billion data campus in Laverton has commenced, poised to boost the local economy and create thousands of jobs.
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Segi Fresh to invest in Mandalay's agritech for Malaysia

Wed, 19th Feb 2025
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agricultural technology
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supply chain
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clean technologies
Mandalay Venture Partners has secured its first strategic investor as Malaysia's Segi Fresh joins its agritech portfolio to enhance fresh food supply chains.
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Symphony Commerce names Matt Smith as new CEO

Tue, 18th Feb 2025
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cfo
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b2b
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leadership
Symphony Commerce has strengthened its leadership by appointing Matt Smith as CEO, supported by new CFO Ella Lim and promoted Client Service Director Hannah Spencer.
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CDC secures AUD $17 billion valuation in ownership deal

Tue, 18th Feb 2025
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edutech
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hyperscale
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ai
A landmark ownership deal has secured CDC's AUD $17 billion valuation, ensuring its sovereign status while enabling significant growth in data centre operations.
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MyPass Global secures AUD $7.5m to boost US expansion plans

Mon, 17th Feb 2025
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data privacy
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deloitte
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oil and gas
MyPass Global has announced securing AUD $7.5 million in Series A funding, aimed at expanding operations into the Americas.
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Harrison.ai secures AUD $179m for global expansion

Fri, 14th Feb 2025
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edutech
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healthtech
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market
Harrison.ai has raised AUD $179 million in Series C funding, bolstering its AI-driven diagnostics expansion across global healthcare markets.
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SAP partners with Databricks to launch Business Data Cloud

Fri, 14th Feb 2025
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supply chain
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ai
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sap
SAP has launched its Business Data Cloud alongside Databricks, aiming to unify enterprise data to enhance decision-making and accelerate AI initiatives.
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Prenetics unveils DNA-based identity with blockchain tie-up

Fri, 14th Feb 2025
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crypto
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blockchain
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data privacy
Prenetics has teamed up with Humanity Protocol to launch a blockchain-based identity verification service via its CircleDNA platform, enhancing secure digital interactions.
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Western Digital plans Flash unit spin-off by early 2025

Fri, 14th Feb 2025
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physical security
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ai
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clean technologies
Western Digital is set to separate its Flash business by February 2025, as it focuses on enhancing its HDD technology amid rising data storage demands.
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60% of firms revamping supply chains amid trade turmoil

Thu, 13th Feb 2025
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supply chain
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investment
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automation
A new report reveals 60% of firms are revamping supply chains to tackle tariff uncertainty and market volatility, driving investments in automation and diversification.
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Tusk unveils operations platform with $2m seed boost

Thu, 13th Feb 2025
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supply chain
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e-commerce
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management
Tusk Logistics has unveiled its innovative Tusk Operations Platform, backed by $2 million in funding, aiming to revolutionise shipping management for users.
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Lack of whistleblowing systems undermines ESG in Australia

Wed, 12th Feb 2025
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transparency
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investment
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dei
Report It Now raises alarm over the inadequate whistleblowing infrastructure in Australian firms, jeopardising Environmental, Social, and Governance commitments.
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Future AGI secures USD $1.6m to boost AI accuracy tools

Wed, 12th Feb 2025
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robots
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data science
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ai
Future AGI has secured USD $1.6 million in pre-seed funding to enhance its AI lifecycle management platform, co-led by Powerhouse and Snow Leopard Ventures.
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BRKZ secures USD $17 million to enhance Saudi expansion

Tue, 11th Feb 2025
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supply chain
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b2b
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property market
BRKZ has secured USD $17 million in Series A funding to enhance construction procurement in Saudi Arabia, raising total funds to USD $22.5 million.
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Fortinet opens AUD $75m Australian HQ & Innovation Hub

Mon, 10th Feb 2025
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firewalls
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digital transformation
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cloud security
Fortinet has opened its new headquarters in North Sydney, investing over AUD $75 million and launching the Asia-Pacific's first Innovation Hub to enhance cybersecurity.
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Shearwater announces major investment in EvenBetter gender AI

Mon, 10th Feb 2025
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ai
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investment
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gender equality
Shearwater Capital is investing AUD $500,000 in Sydney startup EvenBetter.ai, aimed at tackling gender pay gaps and promoting workplace equity with AI-driven insights.
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AI legal tech Ivo raises USD $16 million to scale solutions

Fri, 7th Feb 2025
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ai
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investment
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legaltech
AI legal tech firm Ivo has successfully secured USD $16 million in Series A funding, aiming to expand its AI-powered contract review platform.
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Khuda Family donates $100m to boost women in STEM

Thu, 6th Feb 2025
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edutech
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education, learning & training
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investment
A $100 million donation from the Khuda Family Foundation will support a groundbreaking 20-year programme at the University of Sydney to boost girls' participation in STEM.
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Puma leads $4.3m funding for legal AI firm Semeris

Thu, 6th Feb 2025
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fintech
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genai
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ai
Puma Growth Partners has led a $4.3 million funding round for Semeris, enhancing its AI tools for financial institutions navigating complex legal documents.