Investment stories - Page 3
FedEx fuels Asia-Pacific economy with USD $1.7 billion boost
Last month
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supply chain & logistics
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cleantech
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sustainability
FedEx's latest economic impact report reveals a USD $1.7 billion boost to the Asia-Pacific economy in FY 2024, enhancing regional commerce and connectivity.
Is Crypto gambling? Let’s ‘roll the dice’ on this debate
Last month
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cryptocurrency
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blockchain
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risk & compliance
As cryptocurrencies polarise opinion, the debate rages: is crypto merely gambling, or a daring avenue for diversifying investments?.
Zoho invests USD $10m in NVIDIA AI for language models
Last month
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saas
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data privacy
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llms
Zoho has announced a partnership with NVIDIA to enhance its AI capabilities, investing USD $10 million to improve large language models for its SaaS applications.
Actica acquires Gemba Advantage to boost tech capabilities
Last month
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data analytics
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cybersecurity
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software development
Actica, supported by Sovereign Capital Partners, has acquired Gemba Advantage to strengthen its technology and cybersecurity capabilities for public sector clients.
ANZ leads in observability investment & business value
Last month
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devops
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siem
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digital transformation
Splunk's latest report reveals that organisations in Australia and New Zealand lead global observability spending, investing AUD $3.4 million annually.
UK tech sector faces challenges with potential CGT rise
Last month
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ai
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investment
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eis
Potential changes to Capital Gains Tax in the Autumn Budget could hinder UK's tech innovation, warns expert Adam Chick, driving entrepreneurs to sell prematurely.
Australia's data centre investment to exceed $26bn by 2030
Last month
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hyperscale
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dc
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cleantech
Investment in Australian data centre capacity is projected to surpass AUD $26 billion by 2030, driven by soaring demand for digital services.
Nick Hoar joins Volution as Senior Partner for APAC expansion
Last month
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saas
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fintech
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blockchain
Nick Hoar joins Volution as Senior Partner, bringing over 30 years of asset management experience to bolster the firm's global expansion efforts.
UK firms delay investments amid pre-autumn budget fears
Last month
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ai
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investment
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budget
A survey reveals that 70% of UK financial leaders are delaying investments due to uncertainties before the Autumn Budget, with technology spending prioritised.
Scaleup Mediafund invests in Naked Life & Settle Easy
Last month
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partner programmes
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ipo
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investment
Scaleup Mediafund has finalised investments in Naked Life and Settle Easy during its AUD $15 million funding round, focusing on media-for-equity support.
GoCardless & Pipe partner to offer finance to UK SMEs
Last month
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fintech
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investment
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gocardless
GoCardless has teamed up with US fintech Pipe to launch embedded finance solutions for SMEs in the UK, streamlining access to capital for small businesses.
Socket secures USD $40m series B to combat supply threats
Last month
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application security
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advanced persistent threat protection
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ai
Socket has completed a USD $40 million funding round, aiming to enhance security for open-source software amid rising supply chain attacks.
Paladin appoints Nazo Moosa as UK Managing Director
Last month
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robots
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ai
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cybersecurity
Paladin Capital Group has appointed Nazo Moosa as Managing Director for its European operations to enhance investment and fundraising capabilities.
EDGNEX to build 40MW data centre in Madrid by 2026
Last month
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datacentre infrastructure
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ai
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cleantech
EDGNEX Data Centers, part of DAMAC Group, is investing EUR 400 million in a new 40MW data centre in Madrid to meet rising global demand.
Chipotle invests in AI supply chain firm Lumachain
Last month
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data analytics
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cleantech
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sustainability
Lumachain, an AI supply chain platform from Sydney, secures a minority investment from Chipotle's USD $100 million Cultivate Next fund to enhance food supply transparency.
GaiaLens wins ESG innovation funding for anti-greenwashing
Last month
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dei
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ai
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cleantech
GaiaLens has been named a winner of FinTech Scotland's ESG innovation call, securing funding to enhance its Greenwashing Analytics Solution.
Telecom firms lead the way in GenAI adoption & investment
Last month
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uc
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data analytics
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cx
A new study reveals that 70% of telecommunications firms are adopting generative AI, outpacing other sectors in investment and implementation.
Kao Data begins £350m data centre project in Stockport
Last month
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edutech
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power / energy
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ai
Kao Data has begun construction on a GBP £350 million data centre in Stockport, set to enhance Greater Manchester’s digital infrastructure by 2026.
New robotic palletising solution launched for Singapore SMEs
Last month
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robots
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it in manufacturing
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it automation
ProPal Robotics and OnRobot have unveiled Southeast Asia's first off-the-shelf palletising automation solution, targeting Singapore's SME manufacturers.
UK ranks lowest in 5G connectivity among major countries
Last month
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uc
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5g & beyond
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telco
A report by the Social Market Foundation reveals the UK ranks last for 5G connectivity among 15 global markets, with coverage only 10% of the time.