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Fundraising Stories - Page 2

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Fundraising stories

OpenObserve raises USD $10 million for Observability 3.0
Network Infrastructure

OpenObserve raises USD $10 million for Observability 3.0

The funding will help OpenObserve expand as more firms seek unified monitoring for AI-heavy systems and growing telemetry volumes.

By Catherine Knowles • 4 min read • This month
Mosaic SoC raises USD $3.8m to power smart devices
Wearables

Mosaic SoC raises USD $3.8m to power smart devices

The Zurich startup will target makers of wearables and phones seeking real-time visual processing without bigger batteries or hotter chips.

By Sean Mitchell • 4 min read • Last month
Neosframe lands Entain as client before beta finish
Marketing Technologies

Neosframe lands Entain as client before beta finish

The Brisbane startup has secured early validation and a reference customer, boosting its fundraising case before the software has finished beta.

By Sofiah Nichole Salivio • 3 min read • Last month
VAST Data hits $30bn valuation after $1bn Series F round
Software-as-a-Service

VAST Data hits $30bn valuation after $1bn Series F round

The fresh capital will fund global expansion as investors back VAST’s AI infrastructure software, now valued at USD $30 billion after its latest round.

By Mark Tarre • 5 min read • Last month
Pinewood lifts revenue as US dealership testing starts
Software-as-a-Service

Pinewood lifts revenue as US dealership testing starts

Higher annual sales and profit at Pinewood were helped by new contracts, as testing of its software began at Lithia's US dealerships.

By Karen Joy Bacudo • 4 min read • Last month
Wasabi secures USD $250 million credit facility from Bain
Software-as-a-Service

Wasabi secures USD $250 million credit facility from Bain

The funding gives Wasabi room to expand storage capacity and global reach as demand rises for data-heavy AI workloads.

By Karen Joy Bacudo • 3 min read • Last month
Tines to double Australia headcount as APAC hub opens
Digital Transformation

Tines to double Australia headcount as APAC hub opens

Local customers will gain more support as Tines expands in response to rising demand from Australian and New Zealand enterprises.

By Mark Tarre • 3 min read • Last month
Newo appoints Jason Luo as Chief Executive Officer
Unified Communications

Newo appoints Jason Luo as Chief Executive Officer

Missed calls at small firms are becoming a bigger revenue risk as Newo expands its AI receptionist tools beyond the US and into Europe.

By Mark Tarre • 4 min read • Last month
Lua raises USD $5.8 million seed round led by Norrsken22
Digital Transformation

Lua raises USD $5.8 million seed round led by Norrsken22

Funding will help Lua expand its developer community and partner network as demand for its AI agent software rises sharply.

By Karen Joy Bacudo • 3 min read • Last month
US AI megadeals drive global VC to USD $331 billion
Semiconductors

US AI megadeals drive global VC to USD $331 billion

A handful of US artificial intelligence megadeals pushed global venture capital investment to USD $330.9 billion in the first quarter, KPMG said.

By Karen Joy Bacudo • 4 min read • Last month

Stories from Other Regions

Fundraising stories

NSSLGlobal backs Royal Norwegian Naval Academy row
Supply Chain

NSSLGlobal backs Royal Norwegian Naval Academy row

Reliability at sea is at stake as four Royal Norwegian Naval Academy officers prepare a 1,000-mile North Sea row for Ukraine aid.

By Joseph Gabriel Lagonsin • 4 min read • Last month
British Business Bank boosts Northern Gritstone to GBP £40m
Semiconductors

British Business Bank boosts Northern Gritstone to GBP £40m

A state-backed push to fund northern university spinouts has lifted Northern Gritstone’s capital base to GBP £382 million amid a tough fundraising market.

By Karen Joy Bacudo • 3 min read • Last month
Doctrine Skincare wins AxisBIC investible company award
Wearables

Doctrine Skincare wins AxisBIC investible company award

Seven start-ups sought EUR 9.5 million at a Cork investor event as AxisBIC said demand for early-stage technology funding is rising.

By Kaleah Salmon • 4 min read • Last month
Feijoa graduates fintech lab with KiwiSaver round-up app
Fintech

Feijoa graduates fintech lab with KiwiSaver round-up app

The round-up savings app says its users are adding AUD $2 million a year to KiwiSaver accounts as it seeks wider growth.

By Karen Joy Bacudo • 3 min read • Last month
Slash raises USD $100 million at USD $1.4 billion valuation
Software-as-a-Service

Slash raises USD $100 million at USD $1.4 billion valuation

The fintech's broader banking push now reaches more than 5,000 businesses, after three quarters of GAAP profitability and rapid revenue growth.

By Karen Joy Bacudo • 4 min read • Last month
British Business Bank backs Apposite with GBP £100m
Health Technologies

British Business Bank backs Apposite with GBP £100m

The move gives UK life sciences firms a new source of scale-up capital as a funding gap has left many promising businesses short of backing.

By Karen Joy Bacudo • 4 min read • Last month
WealthAi names Pratim Das as Chief Technology Officer
Customer Relationship Management

WealthAi names Pratim Das as Chief Technology Officer

The London start-up is adding senior AI expertise as wealth managers seek secure tools that fit regulated workflows without replacing core systems.

By Sofiah Nichole Salivio • 4 min read • Last month