Funding stories
Swoop secures AUD $36 million contract for Melbourne fibre network
3 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.
Birchal report highlights AUD $64.5m rise in equity crowdfunding
3 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.