Venture Capital Stories - Page 49

Global Stories

Venture Capital stories

Socket raises USD $40m to enhance open-source security

Socket has secured USD $40 million in Series B funding to reinforce its fight against software supply chain security threats, with total capital now at USD $65 million.

By Sean Mitchell • 3 min read • Wed, 23rd Oct 2024

Sales

Wolt celebrates 10 years with EUR €19 billion impact report

Wolt has released a report marking its 10th anniversary, revealing EUR €19 billion in economic activity generated across 1,000 cities over the decade.

By Kaleah Salmon • 3 min read • Wed, 16th Oct 2024

Advanced Persistent Threat Protection

CryptoLab & Niobium partner to enhance AI privacy & speed

CryptoLab and Niobium have formed a strategic partnership to enhance privacy and performance in AI applications, raising over USD$20 million in funding.

By Catherine Knowles • 2 min read • Fri, 11th Oct 2024

Investment

QuantumLight, Revolut CEO release guide for startup founders

QuantumLight, led by Revolut's CEO Nik Storonsky, releases a playbook for tech startup founders on building high-performance teams, based on Revolut's success.

By Melania Watson • 3 min read • Wed, 11th Sep 2024

Venture Capital

Charlie Ill named CEO of Investible, succeeding Rod Bristow

Charlie Ill has been named the new CEO of Investible, succeeding Rod Bristow. Ill's appointment is expected to drive the firm's next growth phase.

By Imee Dequito • 3 min read • Fri, 23rd Aug 2024

Marketing Technologies

Fresha secures $31 million from J.P. Morgan for expansion

Fresha secures a $31 million venture debt facility from J.P. Morgan to fuel expansion, enhance AI capabilities, and support new market entries.

By Shannon Williams • 4 min read • Fri, 23rd Aug 2024

Network Infrastructure

TanX hits USD $1 billion in quarterly trading volume

TanX has hit a quarterly trading volume of USD $1 billion, marking a 70% rise and underscoring the growing reliance on decentralized trading platforms.

By Imee Dequito • 4 min read • Fri, 26th Jul 2024

Financial results

Check Point welcomes new CEO as Q2 reports strong results

Check Point names Nadav Zafrir as new CEO amid strong Q2 2024 results, with revenues up 7% to USD $627 million. Founder Gil Shwed to become Executive Chairman.

By Melania Watson • 4 min read • Thu, 25th Jul 2024

Internet of Things

Green technology market to hit USD $122.69 billion by 2032

The green tech market is set to surge with a 22.4% CAGR from $16.25 billion in 2022 to $122.69 billion by 2032, driven by emerging regions and innovation.

By Shannon Williams • 4 min read • Tue, 23rd Jul 2024

Customer Experience

Unexpected advice for tech entrepreneurs

Contrarian advice for tech founders: avoid early capital raising, don't aim for unicorn status, embrace unscalable tasks, and ignore early awards.

By Mahesh Muralidhar • 6 min read • Mon, 22nd Jul 2024

Fintech

Haruko expands to Southeast Asia, secures USD $6 million funding

Digital asset platform Haruko secures USD $6 million for Southeast Asia expansion, led by White Star Capital and MMC Ventures, boosting its total funding to USD $16 million.

By Sean Mitchell • 3 min read • Thu, 18th Jul 2024

Artificial Intelligence

Evexus launches advanced event management software solution

Evexus has launched a cutting-edge event management software, set to revolutionise event planning globally with advanced AI and innovative features.

By Kaleah Salmon • 3 min read • Fri, 14th Jun 2024

Stories from Other Regions

Venture Capital stories

Mergers and Acquisitions

ScaleWise acquires Pug & Bear to boost UK startup growth

ScaleWise has acquired Pug & Bear to combat declining UK startup graduation rates from Seed to Series A funding, which dropped from 12.5% to 4.5%.

By Shannon Williams • 3 min read • Wed, 23rd Oct 2024

Robotics

Paladin appoints Nazo Moosa as UK Managing Director

Paladin Capital Group has appointed Nazo Moosa as Managing Director for its European operations to enhance investment and fundraising capabilities.

By Imee Dequito • 3 min read • Tue, 22nd Oct 2024

Fintech

Emerge secures $12m to revolutionise NZ banking

New Zealand's challenger bank Emerge has raised USD $12 million in Series A funding to enhance its digital banking services for local businesses.

By Sean Mitchell • 3 min read • Mon, 14th Oct 2024

Marketing Technologies

etaily appoints Lester Cuneta to lead Southeast Asia growth

etaily has appointed Lester Cuneta as Chief Growth Officer to lead its expansion into Singapore and Southeast Asia, backed by USD $17.8 million funding.

By Imee Dequito • 3 min read • Wed, 9th Oct 2024

Robotics

Capmont Technology launches €100m fund for B2B tech startups

Capmont Technology unveils a €100 million fund to invest in B2B tech startups, boosting its total funding to €300 million.

By Catherine Knowles • 3 min read • Wed, 2nd Oct 2024

Artificial Intelligence

Redalpine closes largest fund at USD $200m, opens London office

Redalpine closes its largest fund to date, the USD $200 million RAC VII, bringing total assets to over USD $1 billion and opens a new office in London.

By Kaleah Salmon • 3 min read • Thu, 29th Aug 2024

Health Technologies

Victoria awards Mandalay Venture Partners AUD $300,000 grant

Mandalay Venture Partners has secured an AUD $300k grant from the Victorian Government to enhance the state's agtech sector, part of a broader AUD $2.4m initiative.

By Imee Dequito • 2 min read • Fri, 9th Aug 2024

Health Technologies

Equity crowdfunding industry in Australia sees 16% growth

Australia's equity crowdfunding grows 16% in FY24, raising AUD $64.5 million from 35,000 investments, despite economic challenges. Birchal leads with AUD $46.5 million.

By Kaleah Salmon • 3 min read • Thu, 25th Jul 2024