IT Brief UK - Technology news for CIOs & IT decision-makers

Venture Capital stories - Page 21

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Future AGI secures USD $1.6m to boost AI accuracy tools

Wed, 12th Feb 2025
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robots
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data science
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ai
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.
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BRKZ secures USD $17 million to enhance Saudi expansion

Tue, 11th Feb 2025
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supply chain
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b2b
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property market
BRKZ has secured USD $17 million in Series A funding to enhance construction procurement in Saudi Arabia, raising total funds to USD $22.5 million.
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Databricks secures USD $10bn funding, USD $5.25bn credit

Thu, 23rd Jan 2025
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data analytics
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genai
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ai
Databricks has secured USD $10 billion in Series J funding and a USD $5.25 billion credit facility to enhance its AI capabilities and global reach.
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Government support gaps hinder UK tech innovation growth

Thu, 23rd Jan 2025
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grants
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venture capital
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sme
An expert panel has raised concerns about government support for UK tech innovation, highlighting gaps that threaten the growth of SMEs seeking R&D funding.
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SOUTHSTART event expected to drive innovation & connection

Tue, 14th Jan 2025
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uc
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agricultural technology
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collaboration
Australia's leading start-up festival, SOUTHSTART, has revealed its 2025 programme, taking place in Adelaide from March 4 to 6, to connect industry leaders.
Nitin jain co founder groyyo

Groyyo promotes Nitin Jain to Co-founder role

Fri, 27th Dec 2024
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supply chain
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exports
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venture capital
Groyyo has promoted Nitin Jain to Co-Founder, recognising his vital role in the company's rapid growth in international markets, particularly exports.
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TechWorks unveils strategy to boost UK semiconductor sector

Fri, 20th Dec 2024
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semiconductors
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digital transformation
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quantum computing
TechWorks has unveiled a strategic report aimed at revitalising the UK semiconductor industry, targeting USD $100 billion in value over ten years.
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Cybersecurity in 2025: Rise of non-human identities

Thu, 19th Dec 2024
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cloud security
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breach prevention
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cybersecurity
Entro Security and YL Ventures predict a 2025 cybersecurity landscape dominated by non-human identities, with their proliferation posing new security challenges.
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Bureau raises USD $30m Series B amid soaring fraud costs

Thu, 19th Dec 2024
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gaming
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fintech
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cx
Bureau has raised USD $30 million in a Series B funding round, aiming to tackle the global fraud crisis, which costs USD $486 billion each year.
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Safety tech sector sees $6.3 billion investment rise

Wed, 18th Dec 2024
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genai
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ai
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cybersecurity
Paladin Capital Group's latest report reveals global Safety Tech investment has surged to $6.3 billion, highlighting steady sector growth amid rising digital threats.
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LambdaTest raises $38 million to enhance QA platform

Wed, 11th Dec 2024
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devops
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digital transformation
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apm
LambdaTest has raised $38 million in funding, led by Avataar Ventures, to enhance its AI-driven QA solutions amid growing demand in software testing.
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Kyan Health raises USD $16.7m for AI-driven care

Wed, 27th Nov 2024
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data analytics
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healthtech
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venture capital
Kyan Health has secured USD $16.7 million to advance AI-driven preventative care, revolutionising workplace mental health strategies for businesses.
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Emma raises USD $17 million to expand cloud platform

Tue, 26th Nov 2024
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gaming
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fintech
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digital entertainment
Cloud management platform emma has raised USD $17 million in Series A funding, aiming to enhance its product development and expand into new markets.
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Tempest secures USD $3.2m to revolutionise developer tools

Tue, 26th Nov 2024
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software development
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apple
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funding
Tempest has emerged from stealth with USD $3.2 million in funding to tackle platform engineering challenges for technology businesses.
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Eden AI secures EUR €3 million seed funding for growth

Thu, 21st Nov 2024
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digital transformation
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hyperscale
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api
Eden AI has secured EUR €3 million in seed funding led by Galion.exe, aiming to enhance its platform and expand its engineering team.
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Emerald Technology invests €8.4m in Keto Software

Thu, 21st Nov 2024
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ai
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clean technologies
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sustainability
Emerald Technology Ventures has invested €8.4 million in Keto Software, enhancing its global reach for innovative Strategic Portfolio Management solutions.
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Anaplan founder launches new startup Kaleidoscope in UK

Tue, 19th Nov 2024
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ipo
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anaplan
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venture capital
Michael Gould, founder of Anaplan, has launched a new business planning software venture, Kaleidoscope, from his home in North Yorkshire.
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Nearly half find AI helpful for customer service: study

Fri, 1st Nov 2024
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digital transformation
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cx
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martech
Nearly half of consumers find AI chatbots helpful for customer service, with 48% noting improved experiences, a new study reveals.
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Silicon Valley Bank provides USD $50M to Bugcrowd

Fri, 1st Nov 2024
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crypto
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cloud security
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blockchain
Silicon Valley Bank has granted Bugcrowd USD $50 million to enhance its AI-driven cybersecurity solutions and accelerate growth in the global market.
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Ben Sekhon named regional VP for OutSystems UK & Ireland

Thu, 31st Oct 2024
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lcnc
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genai
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ai
Ben Sekhon has been appointed Regional Vice President for the UK and Ireland at OutSystems, focusing on AI-driven strategic growth in the region.