TechDay Australia - Australia's technology news network

Funding stories

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AiDEN Auto raises $4.2m, champions automotive data privacy
2 days ago
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digital transformation
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data privacy
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privacy
AiDEN Auto secures $4.2 million in an oversubscribed seed funding round, boosting its total to $6.1 million, as it champions data privacy in vehicle technology.
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Twine secures USD $1.5m funding for AI-driven platform
3 days ago
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cx
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martech
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ai
Twine has secured USD $1.5 million from Airtree Ventures and investors, aiming to enhance its AI platform that turns customer interactions into actionable business insights.
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Singapore Budget 2025 boosts AI with $150m investment
5 days ago
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cloud security
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ai
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cybersecurity
The Singapore Budget 2025 pledges $3 million to the National Productivity Fund, boosting AI adoption to enhance business competitiveness and innovation.
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Menna.ai launches AI assistant for UK small businesses
Last week
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fintech
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genai
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ai
Cardiff's Menna.ai is set to enhance UK small businesses' financial management with its AI-powered assistant, now inviting early access sign-ups.
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Adjoe expands into APAC with new offices & leadership
Last week
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gaming
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digital entertainment
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mobile gaming
Hamburg-based adjoe has launched new offices in Singapore and Tokyo, marking its ambitious entry into the Asia-Pacific market following a EUR €100 million funding round.
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UpCover raises $19 million to disrupt insurance market
Last week
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digital transformation
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cx
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martech
UpCover has raised $19 million to expand its digital commercial insurance brokerage, aiming to disrupt Australia's $20 billion market.
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Harrison.ai secures AUD $179m for global expansion
Last week
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healthtech
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market
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investment
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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Future AGI secures USD $1.6m to boost AI accuracy tools
Last week
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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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auDA awards grants to boost digital inclusion in Australia
This month
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digital literacy
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grants
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digital inclusion
Fifteen projects have been granted AUD $40,000 each by auDA to enhance digital inclusion across diverse Australian communities, benefiting various societal groups.
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AI legal tech Ivo raises USD $16 million to scale solutions
This month
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ai
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investment
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legal tech
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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Puma leads $4.3m funding for legal AI firm Semeris
This month
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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.
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Weebit Nano secures major deal with onsemi for ReRAM tech
This month
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iot
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physical security
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capital
Weebit Nano has struck a significant licensing deal with onsemi, integrating its ReRAM technology into the latter's Treo platform, marking a major milestone.
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Anchor raises USD $20m to transform SMB invoice process
This month
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fintech
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payment technologies
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smb
Anchor has successfully raised USD $20 million in Series A funding to combat late payments for U.S. small businesses, boosting growth and efficiency.
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UK FinTech funding drops 2% in 2024 to USD $4.9 billion
Last month
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fintech
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cybersecurity
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inflation
Funding for UK FinTech startups dipped 2% to USD $4.9 billion in 2024, marking a five-year low amidst growing regulatory challenges and economic concerns.
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UK tech firms face financial obstacles to scaling growth
Last month
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capital management
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investment
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funding
A report by Menzies reveals 90% of UK tech firms face significant financial hurdles, with high operational costs and funding difficulties limiting growth.
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SuperOps raises USD $25m to expand AI platform globally
Last month
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saas
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edr
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ai
SuperOps has raised USD $25 million to enhance its AI platform and boost global growth, aiming to transform IT operations for businesses worldwide.
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Edinburgh leverages Genetec in Smart City Strategy push
Last month
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smart cities
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surveillance
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data analytics
Edinburgh City Council has adopted Genetec Security Center in its Smart City Strategy to enhance public safety and urban planning, securing vital funding support.
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Iplicit secures GBP £25M for cloud accounting expansion
Last month
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saas
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software development
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sage
Accounting software provider iplicit has secured a GBP £25 million investment from One Peak, aiming to enhance its cloud-based solutions for UK businesses.
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Emerald leads GBP £8.4m round to boost StormHarvester
Last month
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saas
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data analytics
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ai
Emerald Technology Ventures has led a GBP £8.4 million funding round for Belfast's StormHarvester, aiming to enhance its smart water management solutions.
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Baya Systems raises $36m to advance AI and IoT chip tech
Last month
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semiconductors
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iot
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genai
Baya Systems has secured $36 million in Series B funding, led by Maverick Silicon, to bolster its semiconductor technology for AI and IoT applications.