Funding stories - Page 5

Symbiotic Security has secured USD $3 million in pre-seed funding to launch a software that enhances security during the software development process.

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

OLOID has secured $6 million in Series A1 funding to enhance its identity management solutions for deskless workers and integrate with Workday.

Beamery secures significant funding from CIBC Innovation Banking to enhance its AI-driven talent management platform and accelerate growth plans.

Spot AI has unveiled its new Video AI Agents, revolutionising surveillance technology following a recent funding round that secured USD $31 million.

Silicon Valley Bank has granted Bugcrowd USD $50 million to enhance its AI-driven cybersecurity solutions and accelerate growth in the global market.

CybaVerse has secured over GBP £1.1 million in funding and expanded its leadership team, aiming to enhance cyber security for SMEs.

A new ADAPT survey reveals that 65% of Australian CISOs lack resources to manage rising cybersecurity risks as AI adoption accelerates.

Singapore's Supermom has raised SGD $18 million in a series B funding round led by Granite Asia, aiming to enhance AI capabilities and expand internationally.

Alimetry has secured $18 million in oversubscribed funding to advance its FDA-approved wearable device for gut health monitoring and diagnosis.

Concentric AI has raised USD $45 million in Series B funding, significantly boosting its position in the growing Data Security Posture Management market.

Nick Hoar joins Volution as Senior Partner, bringing over 30 years of asset management experience to bolster the firm's global expansion efforts.

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%.

Diamond Logistics has secured a GBP £1 million loan from Frontier Development Capital to enhance its national network and empower small businesses.

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

Simplismart has raised USD $7m in funding led by Accel to advance its AI deployment capabilities, unveiling a cutting-edge inference engine for enterprises.

Growth Lending and Aros Kapital have joined forces to provide GBP£1 billion in loans to UK SMEs over the next 5 to 6 years, targeting various sectors.

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

N4L has forged long-term partnerships with Palo Alto Networks and 2degrees to enhance Managed Network services for New Zealand schools, starting March 2025.

Blackpanda raises USD $6.7 million to boost its cyber emergency services across Asia, enhancing its IR-1 solution and scaling operations.