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Technology funding Stories

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Technology funding stories

Canada launches CAD $92M quantum tech defence initiative
Quantum Computing

Canada launches CAD $92M quantum tech defence initiative

Canada unveils new quantum tech scheme to bolster defence, keep top firms at home and turn early research gains into strategic clout.

By Jake MacAndrew • 4 min read • Tue, 16th Dec 2025
Canada announces CAD $11 million in carbon tech funding
Artificial Intelligence

Canada announces CAD $11 million in carbon tech funding

Canada commits CAD $11M to boost carbon storage and AI-driven energy innovations in Quebec and Newfoundland, aiming to meet climate goals.

By Jake MacAndrew • 3 min read • Thu, 30th Oct 2025
Ontario invests CAD $50 million to boost manufacturers' tech edge
Robotics

Ontario invests CAD $50 million to boost manufacturers' tech edge

Ontario commits CAD $50 million to support manufacturers adopting advanced technologies like AI, robotics, and 5G, boosting innovation and global competitiveness.

By Catherine Knowles • 4 min read • Fri, 12th Sep 2025
Ontario backs health technologies with CAD $12M fund boost
Health Technologies

Ontario backs health technologies with CAD $12M fund boost

Ontario launches Health Innovation Pathway to fast-track local health tech, improving patient care and boosting the province's life sciences sector.

By Jake MacAndrew • 3 min read • Sat, 6th Sep 2025
Canadian Space Agency funds groundbreaking QKD satellite test
Encryption

Canadian Space Agency funds groundbreaking QKD satellite test

The Canadian Space Agency has invested CAD $1.4 million in QEYnet to advance quantum key distribution technology, enhancing satellite data security.

By Sean Mitchell • 2 min read • Tue, 21st Jan 2025

Global Stories

Technology funding stories

Vijil raises USD $17 million to boost resilience of enterprise AI
Hyperscale

Vijil raises USD $17 million to boost resilience of enterprise AI

Vijil secured USD $17 million to enhance enterprise AI resilience, addressing security and governance challenges with a platform using continuous learning.

By Sean Mitchell • 3 min read • Tue, 2nd Dec 2025
UK Spending Review pledges GBP £86 billion for digital growth & NHS
Digital Transformation

UK Spending Review pledges GBP £86 billion for digital growth & NHS

The UK Spending Review pledges GBP £86 billion to boost digital growth, transform the NHS, and increase police funding to modernise public services nationwide.

By Sean Mitchell • 4 min read • Thu, 12th Jun 2025
RISA Labs raises USD $3.5m to automate cancer workflows
Digital Transformation

RISA Labs raises USD $3.5m to automate cancer workflows

RISA Labs has raised USD $3.5 million to advance its AI-driven platform, aiming to cut delays in cancer care by automating prior authorisations across 100 centres.

By Sean Mitchell • 4 min read • Fri, 18th Apr 2025
Prompt Security raises USD $18m for GenAI protection
Cloud Security

Prompt Security raises USD $18m for GenAI protection

Prompt Security has secured USD $18 million in a Series A funding round to enhance its platform aimed at safeguarding enterprises from generative AI threats.

By Sean Mitchell • 4 min read • Thu, 21st Nov 2024

Stories from Other Regions

Technology funding stories

UK retailers overconfident in cyber security as risks escalate
Data Protection

UK retailers overconfident in cyber security as risks escalate

Despite 84% confidence in cyber defences, 1 in 5 UK retailers admit they can't prevent attacks as risks rise, causing major operational disruptions.

By Shannon Williams • 3 min read • Thu, 20th Nov 2025
Liza Noonan named Chief Executive Officer at Cicada Innovations
Health Technologies

Liza Noonan named Chief Executive Officer at Cicada Innovations

Liza Noonan will become CEO of Cicada Innovations in November 2025, aiming to boost Australia's deep tech sector and grow its global presence.

By Melvin Hipolito • 4 min read • Tue, 21st Oct 2025
UK tech leaders see home market outshining US, Europe, Asia-Pacific
Artificial Intelligence

UK tech leaders see home market outshining US, Europe, Asia-Pacific

UK tech leaders now view the domestic market as more attractive for growth than the US, Europe, or Asia-Pacific, citing strong opportunities and talent.

By Catherine Knowles • 4 min read • Fri, 29th Aug 2025
ANS gains top Microsoft partner status to boost UK AI adoption
Digital Transformation

ANS gains top Microsoft partner status to boost UK AI adoption

ANS has earned top Microsoft partner statuses, enhancing UK firms' access to AI tools and expertise to accelerate digital transformation and AI adoption.

By Shannon Williams • 3 min read • Fri, 15th Aug 2025
Avalanche & Team1 launch USD $100,000 grant for Indian Web3
Blockchain

Avalanche & Team1 launch USD $100,000 grant for Indian Web3

Avalanche partners with Team1 to launch a USD $100,000 grant supporting India's young Web3 developers through funding and mentorship programmes.

By Kaleah Salmon • 4 min read • Fri, 25th Jul 2025
Sifflet raises USD $18 million to expand data observability reach
Data Analytics

Sifflet raises USD $18 million to expand data observability reach

New York-based Sifflet has raised USD $18 million to expand its data observability platform amid rising demand in Europe and North America.

By Catherine Knowles • 3 min read • Fri, 20th Jun 2025
UK tech sector optimistic on AI but calls for stronger support
Artificial Intelligence

UK tech sector optimistic on AI but calls for stronger support

Eighty-eight percent of UK tech firms use AI and remain optimistic, yet 78% call for stronger government support to bridge talent and funding gaps.

By Kaleah Salmon • 3 min read • Mon, 9th Jun 2025
Zero Networks raises USD $55 M to expand microsegmentation
Software-as-a-Service

Zero Networks raises USD $55 M to expand microsegmentation

Zero Networks has raised USD $55 million to expand its agentless microsegmentation technology, boosting cybersecurity and preventing ransomware lateral movement.

By Kaleah Salmon • 4 min read • Thu, 5th Jun 2025