Funding stories
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Swoop secures AUD $36 million contract for Melbourne fibre network
4 days ago
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telco
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melbourne
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swoop
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.
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Birchal report highlights AUD $64.5m rise in equity crowdfunding
4 days ago
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asx
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funding
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crowdfunding
An industry report by Birchal reveals Australian crowd-sourced funding grew by 16% in FY24, with AUD $64.5 million raised despite economic challenges.
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Endor Labs secures strategic investment from Citi Ventures
Last week
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virtualisation
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open source
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software development
Endor Labs secures strategic investment from Citi Ventures, boosting its mission to protect software supply chains for major financial institutions.
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MAT finance leaders urge Labour for increased school funding
Last week
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edutech
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fintechs
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financial systems
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.
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Wellington group launches AI politician to rebuild public trust
This month
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ai
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cleantech
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social media
Parker is an AI politician designed to deliver fact-based, impartial decisions to rebuild trust in politics and combat disinformation.
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Xero launches SGD $630,000 fund to support small businesses
This month
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fintechs
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financial systems
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accounting systems
Xero has launched the second Xero Beautiful Business Fund to help small businesses and non-profits with their expansion plans.
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Xero relaunches Beautiful Business Fund for 2024 with NZD $750k
This month
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fintechs
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financial systems
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accounting systems
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.
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Fugu raises Seed funding for CO2 capture with Investible lead
This month
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supply chain systems
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power / energy
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cleantech
Australian startup Fugu secures seed funding led by Investible to develop solid direct air capture technology aimed at large-scale CO2 removal.
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The greatest danger in a recession isn’t (only) your bottom line
This month
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business success
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recession
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funding
During recessions, businesses often cut charitable giving to protect their bottom line, but GravityLab urges Kiwi firms to keep funding social justice initiatives.
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SAS & The Kids Cancer Project extend research partnership
This month
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data analytics
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social media
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bi
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.
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Samsara Eco secures AUD $100M to expand plastic recycling
This month
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cleantech
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investment
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recycling
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.
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Creatio secures USD $200 million to reach unicorn status
This month
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rpa
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crm
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low-code
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.
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Survey reveals key challenges for SMEs in Australia & NZ
Last month
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recruitment
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inflation
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nz
A Pin Payments survey reveals Australian SMEs are most concerned about cybercrime, while New Zealand SMEs struggle with late payments, economic hardships hitting both.
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Databarracks procures growth finance from Allica Bank for expansion
Last month
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business continuity
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london
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cloud services
Databarracks secures growth finance from Allica Bank to boost expansion; aims to enhance services and potentially acquire more firms, emphasising cyber resilience.
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Canon Oceania launches 2024 Grants Program with AUD $40,000 fund
Last month
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edutech
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digital entertainment
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video
Canon Oceania’s 2024 Grants Program has launched, offering AUD $40,000 to support educational, community, and environmental initiatives across Australia and New Zealand.
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Canon NZ launches 2024 Grants Program with $20,000 in funds
Last month
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edutech
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funding
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community
Canon New Zealand's 2024 Grants Program offers $20,000 in funding to support initiatives in education, community, environment, and introduces a cultural category.
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Rural Connectivity Group completes 500th cell site in NZ
Last month
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connectivity
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digital divide
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nz
The Rural Connectivity Group celebrates a milestone with its 500th rural cell site, boosting wireless access for 33,000 homes in remote Aotearoa.
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Subble launches SaaS management platform to enhance visibility
Last month
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saas
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ai
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cloud services
Subble has unveiled a new SaaS management platform, supported by GBP £1 million in pre-seed funding, aimed at cutting unnecessary software costs for businesses.
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UK science superpower aspirations hindered by short-termism
Last month
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skills gap
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funding
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investment
A new report from the Council on Geostrategy criticises the UK's short-termism, hindering its science and tech ambitions, as a snap election looms.
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RAD celebrates 2024 milestones, seeks more laptop donations
Thu, 30th May 2024
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edutech
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rad
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schools
Recycle A Device (RAD) celebrates milestones in tech literacy and sustainability in 2024 while seeking more laptop donations to meet increasing community demands.