Funding stories - Page 2

Prowler has raised USD $6.5 million in a seed-extension round, totalling USD $12.5 million, to enhance its open cloud security solutions amidst rising digital threats.

Motion Ventures has unveiled its largest maritime technology fund yet, pledging USD $100 million to foster innovation and sustainability in the maritime sector.

Markko Labs is inviting applications for its second cohort, targeting non-technical marketplace founders to foster innovation in eCommerce.

Melbourne-based healthcare AI firm Heidi has raised USD $16.6 million to enhance its services, aiming to reduce clinicians' administrative burden and improve patient care.

Instant, an eCommerce retention marketing platform, has secured $18 million in Series A funding, boosting its valuation to over $100 million.

Danish biotech firm Fuse Vectors has secured USD $5.2 million in pre-seed funding to advance its innovative cell-free gene therapy technology.

Future AGI has secured USD $1.6 million in pre-seed funding to enhance its AI lifecycle management platform, co-led by Powerhouse and Snow Leopard Ventures.

AI legal tech firm Ivo has successfully secured USD $16 million in Series A funding, aiming to expand its AI-powered contract review platform.

Puma Growth Partners has led a $4.3 million funding round for Semeris, enhancing its AI tools for financial institutions navigating complex legal documents.

Vertice has secured $50 million in Series C funding, boosting its total to over $100 million, aimed at enhancing global procurement processes.

Xero has awarded SG$630,000 to 28 winners of the 2024 Beautiful Business Fund, supporting small businesses across multiple countries.

DNAiTECH, based in Marlborough, has secured NZD $1 million in funding to develop innovative instant diagnostic tests for humans and animals.

AI startup Steerlab secures USD $1.9m pre-seed funding to enhance its platform automating RFP responses, aiming to attract top talent and scale sales in US and Europe.

StorMagic secures investment from Palatine Growth Credit Fund, aiming to boost growth with its new SvHCI product, offering a cost-effective alternative to VMware.

Xero has launched the second Xero Beautiful Business Fund to help small businesses and non-profits with their expansion plans.

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.

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

Dublin-based fintech, Accelerated Payments, has advanced £1.5bn in invoices, expanding its market share rapidly.

Xero announced submissions are now open and there are four categories Kiwi small businesses can put themselves forward for.

Databricks secures $1.6bn funding to accelerate innovation and adoption of the data lakehouse, reaching a $38bn valuation.