Funding stories

Rad secures major funding to revolutionise video streaming with blockchain
2 days ago
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video
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blockchain
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martech
Rad, a key player in Web 3 video streaming, receives significant funding led by Ayre Ventures, and plans to integrate blockchain into its platform.

RAD project marks impressive 2023 with donations & accolades
2 days ago
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project management
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nz
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chorus
In 2023, the Recycle A Device (RAD) project achieved remarkable milestones, including donating 2,374 laptops and winning notable accolades.

Amelia named as leading AI provider in Everest Group AI Top 50
Last week
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sales
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retail
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insurance
Amelia, a leading AI software company, has been recognised as a top AI provider in the inaugural Everest Group AI Top 50.

Amazon pledges to provide free AI training to two million people by 2025
Last week
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cloud services
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aws
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ai
Amazon pledges to offer free AI training to two million people globally by 2025 as part of its 'AI Ready' commitment.

Adyen introduces 'Capital' for timely funding of Australian SMBs
Last month
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transparency
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partnerships
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capital
Adyen launches 'Capital' in Australia, addressing financial hurdles faced by small and medium-sized businesses.

Technical debt noted as major hurdle for CTOs by 2024, STX Next reports
Last month
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ransomware
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innovation
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it services
91% of CTOs see technical debt as their biggest challenge for 2024, according to a survey by STX Next. Capacity and security were also top concerns.

AI focus to drive global M&A activity upswing in 2024, says Gartner
Last month
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ai
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telstra ventures
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inflation
Gartner predicts that a renewed emphasis on technology, particularly AI, will boost the global M&A market in 2024 after a downturn in activity.

AI-powered assistant creator Tabnine raises $25m in Series B funding round
Last month
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innovation
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privacy
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developers
AI-assistant developer Tabnine raises $25m in a Series B round, taking total funding to $42.5m, led by Telstra Ventures.

Qatar & Singapore reinforce ties with joint innovation challenge
Last month
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grants
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travel
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innovation
Qatar and Singapore boost bilateral relations with the launch of the Joint Innovation Challenge focusing on energy, sustainability and insurtech.

Payapps secures GBP £10.5 million CIBC IB investment for UK & Ireland expansion
Last month
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ireland
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payapps
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funding
Australia-based construction software firm, Payapps, has secured a £10.5m venture growth investment from CIBC Innovation Banking.

Prospa launches New Zealand's first SME lending app boosting business growth
Last month
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fintech
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business
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nz
Prospa, the Australian lender, launches New Zealand's first SME lending app to aid efficient cash flow management.

Zero Trust security goes mainstream, reveals Okta's 2023 report
Thu, 26th Oct 2023
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it infrastructure
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identity
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okta
Zero Trust security has now become mainstream, with 61% of organizations adopting the contemporary framework, according to the latest report by Okta.

Software firm xtype secures $10.8m funding amidst rising ServiceNow demand
Thu, 26th Oct 2023
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digital transformation
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innovation
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app store
xtype secures $10.8m in funding as demand for its agile software solutions in the ServiceNow market continues to surge.

WatchGuard unveils new AI-powered cybersecurity service to aid MSPs
Wed, 25th Oct 2023
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it infrastructure
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threat intelligence
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managed security services
WatchGuard Technologies presents WatchGuard MDR, an AI-driven, 24/7 Managed Detection and Response cybersecurity service designed for MSPs.

NetSuite selected by Cohere to gear up for rapid AI-fueled growth
Mon, 23rd Oct 2023
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erp
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ai
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productivity
Cohere, an AI platform, has chosen to use NetSuite's cloud business suite to enhance productivity and support growth.

Accelerated Payments boasts fintech Success with £1.5B in advanced invoices
Fri, 13th Oct 2023
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fintech
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funding
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workforce
Dublin-based fintech, Accelerated Payments, has advanced £1.5bn in invoices, expanding its market share rapidly.

NZ tech firms RUSH and Downer to develop road safety AI
Wed, 11th Oct 2023
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it industry
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engineering
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nz
New Zealand technology company RUSH and Downer Transport & Infrastructure have secured funding to develop AI technology to increase road safety.

PerfectScale secures US$7.1 million for Kubernetes optimisation
Fri, 6th Oct 2023
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paas
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cloud services
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investment
The latest investment brings the company’s total funding to nearly US$10 million since its founding in March 2022.

Energy risk software provider Pexapark raises millions for global expansion
Wed, 27th Sep 2023
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investment
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telstra ventures
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renewable energy
Pexapark secures €20m in Series C funding led by Telstra Ventures to bolster its renewable energy risk management software and advisory services.

Pixis raises USD $85 million in series C1 funding round
Mon, 18th Sep 2023
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ai
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digital marketing
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funding
Pixis, a codeless AI infrastructure company for marketing, has raised USD $85 million in its series C1 funding round.
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Prospa and Lend Capital partner on marketplace platform
Tue, 12th Sep 2023
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nz
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prospa
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funding
Prospa is entering a partnership with Lend Capital to bring its small business loans marketplace to New Zealand.

Pearler secures AUD $330K in funding for AI platform
Mon, 28th Aug 2023
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saas
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ai
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funding
Pearler, an innovative software start-up, has secured AUD $330,000 thousand in pre-seed funding from the South Australia Venture Capital Fund.

Xero opens Beautiful Business Fund to small businesses
Thu, 24th Aug 2023
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xero
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innovation
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business
Xero announced submissions are now open and there are four categories Kiwi small businesses can put themselves forward for.

Confidence in New Zealand’s infrastructure under water
Thu, 24th Aug 2023
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it infrastructure
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nz
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funding
The annual Construction Industry Survey, in partnership with Teletrac Navman and Civil Contractors New Zealand, reveals cracks in New Zealand’s infrastructure.