Australian Stories

Australian healthcare plagued with rising rate of cyber fraud

RSM Australia warns that identity and cyber fraud pose significant threats to the healthcare sector, with criminals exploiting complex funding sources and billing systems.

By Catherine Knowles • 3 min read • Fri, 16th Feb 2024

Unified Communications

GigaComm secures more funding to extend ultra-fast network

Australian firm GigaComm to extend its ultra-fast internet service to more east coast businesses and residential blocks.

By Shannon Williams • 3 min read • Tue, 13th Feb 2024

Clean technologies

CarbonHQ bags AUD $600,000 pre-seed funding to streamline carbon projects

Climate startup CarbonHQ raises AUD $600,000 in pre-seed funding to boost transparency in volatile carbon market and expedite Carbon credits projects.

By Kaleah Salmon • 3 min read • Wed, 7th Feb 2024

Software

Who the backers back: Why diversity in Australian VC funding portfolios should be made public

Diverse companies outperform less diverse peers, McKinsey report shows, prompting calls for Australian venture capital funds to publicly disclose diversity levels within their investment portfolios.

By Cate Hull • 4 min read • Tue, 30th Jan 2024

Entrepreneur

Birchal crowdfunds $2.39 million, bolsters Australian startup ecosystem

Birchal, an Australian equity crowdfunding platform, has obtained $2.39m from a successful funding campaign, benefiting local startups. .

By Catherine Knowles • 3 min read • Fri, 22nd Dec 2023

Global Stories

Artificial Intelligence

IWD 2024: Are we investing enough in women and open-source?

IWD 2024 puts spotlight on the need for greater investment and inclusion of women in the tech sector, particularly in the historically male-dominated world of open-source.

By Ann Schlemmer • 5 min read • Fri, 8th Mar 2024

Health Technologies

IWD 2024: Bridging the gender gap for women tech founders

IWD 2024: Unconscious bias and stringent funding criteria hinder women tech founders, despite proven capability to disrupt industries and create million-dollar businesses.

By Mellissah Smith • 6 min read • Thu, 7th Mar 2024

Network Infrastructure

Device Authority secures extra $2m for IoT access management growth

Device Authority, a leader in IoT identity and access management, has secured an additional $2m in Series A funding from US venture capital firm Mercato Partners' Prelude Fund.

By Catherine Knowles • 3 min read • Fri, 23rd Feb 2024

Technology funding

Dotz Nano secures $12 million for carbon capture tech

Dotz Nano secures up to A$12m aimed at further developing and commercialising their innovative carbon capture technology, DOTZearth.

By Shannon Williams • 2 min read • Wed, 7th Feb 2024

DevOps

Tech startup p0 secures $6.5m seed fund for software reliability solution

New tech start-up, p0, emerges from stealth with a unique approach to software testing, having successfully secured $6.5m seed funding led by Lightspeed Venture Partners.

By Catherine Knowles • 3 min read • Wed, 31st Jan 2024

Space Technologies

AiDash secures $50m for AI & satellite climate solution growth

AiDash, a satellite-first software solution provider for multiple industries, raises $50m in a bid to expand operations and boost combating climate-related threats.

By Catherine Knowles • 3 min read • Wed, 24th Jan 2024

Clean technologies

India-Japan Fund invests Rs. 400 Crore into Mahindra's mobility unit

India-Japan Fund invests Rs. 400 Crore in Mahindra and Mahindra's Last Mile Mobility, bolstering the company's sustainable transport goals in its first-ever investment act.

By Catherine Knowles • 3 min read • Tue, 16th Jan 2024

Power / Energy

DPO signs power purchase agreement for green Texas data centres

Green data centre operator, Digital Power Optimization, Inc., secures renewable energy supply through a PPA with a multinational provider, planning to directly harness wind power from Texas farms for its facilities.

By Kaleah Salmon • 3 min read • Sat, 6th Jan 2024

Application Security

Aqua Security's value tops $1 billion after funding boost

Aqua Security secures $60m extra funding, boosting its market value to over $1 billion, led by Evolution Equity Partners and backed by existing investors.

By Shannon Williams • 3 min read • Thu, 4th Jan 2024

Sales

AtomBeam hits $3 million target in StartEngine fundraiser

AtomBeam hits $3 million startup funding, showing strong investor faith in its game-changing data-shrinking tech.

By Catherine Knowles • 2 min read • Fri, 29th Dec 2023

Stories from Other Regions

Government

IWD 2024: Funding - The key to empowering female entrepreneurs in the UK

As mere 2p in every £1 invested in early-stage UK businesses goes to women, the IWD 2024 focus is on addressing the disparity in funding for female entrepreneurs.

By Ali Skidmore • 5 min read • Fri, 8th Mar 2024

Hyperscale

Empyrion DC secures SGD$133m green loan from UOB for Singapore data centre

Empyrion DC secures its first green loan of SGD$133 million from UOB, bolstering its commitment to environmental sustainability and aiding operations of the award-winning SG1 Dodid Data Centre.

By Catherine Knowles • 3 min read • Tue, 5th Mar 2024

Market

Pimberly secures additional £4m funding for US & European expansion

Pimberly, the UK-based PIM and DAM software provider, has secured an additional £4m ($5m) for expansion into US and European markets, raising its total funding to over £14m ($17.8m).

By Catherine Knowles • 3 min read • Thu, 29th Feb 2024

EduTech

UK government invests £100m to refine AI regulation

The UK government earmarks £100m for more agile AI regulation to bolster the country's tech sphere, enhancing understanding and leveraging of AI's potential.

By Shannon Williams • 3 min read • Wed, 7th Feb 2024