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Venture Capital Stories - Page 18

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Venture Capital stories

OpenPayd to go public in USD $1.145 billion SPAC deal
Crypto

OpenPayd to go public in USD $1.145 billion SPAC deal

The merger could give OpenPayd up to USD $276 million to fund US expansion and product work as it prepares a Nasdaq listing.

By Karen Joy Bacudo • 4 min read • Tue, 2nd Jun 2026
Oxx finds AI founders more technical than SaaS peers
Software-as-a-Service

Oxx finds AI founders more technical than SaaS peers

Technical credentials are now more likely to sway investors as successful AI founders outnumber SaaS peers with PhDs and top university ties.

By Sean Mitchell • 5 min read • Tue, 2nd Jun 2026
BoodleBox named EdTech Start-Up of the Year at ETIH
Data Protection

BoodleBox named EdTech Start-Up of the Year at ETIH

The recognition bolsters confidence in BoodleBox as colleges and universities weigh transparent AI tools against concerns over governance and classroom use.

By Joseph Gabriel Lagonsin • 3 min read • Tue, 2nd Jun 2026
Gainsight launches AI-native renewal service for clients
Software-as-a-Service

Gainsight launches AI-native renewal service for clients

Enterprise software vendors may soon be judged on retention, as Gainsight takes on renewal work directly for customers.

By Mark Tarre • 4 min read • Tue, 2nd Jun 2026
Lastwall lands USD $11.5 million to expand cybersecurity
Hybrid Cloud

Lastwall lands USD $11.5 million to expand cybersecurity

Fresh capital will help the Fredericton firm scale identity and authentication tools for sensitive government and infrastructure networks across North America.

By Mark Tarre • 4 min read • Tue, 2nd Jun 2026
Orbital Industries raises USD $50 million in Series B
Space

Orbital Industries raises USD $50 million in Series B

The funding will help the London-based firm expand products aimed at easing AI data centre bottlenecks and broaden its industrial platform.

By Sofiah Nichole Salivio • 4 min read • Mon, 1st Jun 2026
Aztec Labs acquires Obsidion for ZKPassport identity
Data Protection

Aztec Labs acquires Obsidion for ZKPassport identity

Privacy fears over centralised ID checks are set to deepen as Aztec Labs brings ZKPassport in-house for wider use.

By Sofiah Nichole Salivio • 4 min read • Mon, 1st Jun 2026
Go Swag raises USD $5m for US expansion with Mercia
Digital Transformation

Go Swag raises USD $5m for US expansion with Mercia

The Glasgow gifting platform plans to add 40 staff and open a Southeast Asia warehouse as it targets a bigger US market.

By Mark Tarre • 4 min read • Mon, 1st Jun 2026
Europe startups still rely on US cloud & AI giants
Artificial Intelligence

Europe startups still rely on US cloud & AI giants

A new survey suggests Europe's startups still depend on US cloud and AI providers, as capital gaps and acquisition hopes persist.

By Joseph Gabriel Lagonsin • 5 min read • Mon, 1st Jun 2026
Vitesse warns of insurance finance infrastructure gaps
Digital Transformation

Vitesse warns of insurance finance infrastructure gaps

Disconnected payments and data systems are slowing claims settlement and trapping capital across insurance finance operations, the paper says.

By Karen Joy Bacudo • 4 min read • Sat, 30th May 2026
Didit raises USD $7.5 million seed to scale identity
Biometrics

Didit raises USD $7.5 million seed to scale identity

The funding comes as tighter regulation and AI-driven fraud push more online businesses to add identity checks across products and markets.

By Joseph Gabriel Lagonsin • 4 min read • Fri, 29th May 2026
Avrea raises USD $4.7 million to speed AI software delivery
DevOps

Avrea raises USD $4.7 million to speed AI software delivery

AI-generated code is piling pressure on testing and release systems, and Avrea has new funding to help teams ship faster without changing workflows.

By Sean Mitchell • 3 min read • Fri, 29th May 2026
Quanscient raises EUR 10 million to expand AI software
Digital Transformation

Quanscient raises EUR 10 million to expand AI software

The Finnish start-up says the cash will speed international expansion as hardware teams seek faster, cheaper simulation for complex designs.

By Sean Mitchell • 4 min read • Fri, 29th May 2026
Oli raises AUD $6.5 million for labour monitoring device
Artificial Intelligence

Oli raises AUD $6.5 million for labour monitoring device

Clinical trials in Australia and the United States will be accelerated as the Sydney start-up readies its labour monitor for regulators.

By Mark Tarre • 4 min read • Fri, 29th May 2026

Stories from Other Regions

Venture Capital stories

Cloudsmith names finance & legal chiefs after funding
DevOps

Cloudsmith names finance & legal chiefs after funding

The Belfast software supply chain security firm is bolstering financial and legal controls as it seeks more enterprise customers after a USD $72 million round.

By Sofiah Nichole Salivio • 4 min read • Wed, 3rd Jun 2026
Tensormesh raises USD $20 million for AI inference
Open source

Tensormesh raises USD $20 million for AI inference

Enterprises can now cut AI inference spend as the new platform reuses model data, with USD $20 million in backing.

By Sofiah Nichole Salivio • 5 min read • Tue, 2nd Jun 2026
West England tech warns weak links are stalling growth
Space

West England tech warns weak links are stalling growth

Fragmented funding and slow cross-regional links could leave West of England tech firms struggling to scale, advocates say.

By Sofiah Nichole Salivio • 4 min read • Tue, 2nd Jun 2026
British Business Bank backs Longwall's GBP £50 million fund
Clean technologies

British Business Bank backs Longwall's GBP £50 million fund

The cornerstone commitment should help Longwall Ventures reach a GBP £100 million close and back more UK deep tech start-ups.

By Karen Joy Bacudo • 4 min read • Fri, 29th May 2026