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Databricks raises funding round at USD $188 billion
Software-as-a-Service

Databricks raises funding round at USD $188 billion

Fresh capital will help Databricks expand its AI tools as enterprises look to control costs and deploy models more effectively.

By Mark Tarre • 3 min read • Yesterday
Aina raises USD $5.5 million seed to build AI interface
Generative AI

Aina raises USD $5.5 million seed to build AI interface

The start-up will use the cash to bring its flagship product to market as it seeks to replace keyboards and touchscreens with AI-driven controls.

By Sofiah Nichole Salivio • 4 min read • Yesterday
Emergent raises USD $130 million in AI app platform round
Software-as-a-Service

Emergent raises USD $130 million in AI app platform round

The funding values the platform at USD $1.5 billion as demand rises among small businesses building apps without coding skills.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago
Devolutions & Telegraph Ventures back Mizo in AI push
Software-as-a-Service

Devolutions & Telegraph Ventures back Mizo in AI push

The minority stake should help Mizo speed up AI ticket automation for managed service providers seeking to cut frontline support costs and delays.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago
Risk Ledger raises USD $32 million to expand in US
Software-as-a-Service

Risk Ledger raises USD $32 million to expand in US

The funding will help the London-based cyber risk platform deepen supplier checks, add artificial intelligence tools and enter the US market.

By Sean Mitchell • 4 min read • 3 days ago
Flex raises USD $70 million as it launches UK service
Software-as-a-Service

Flex raises USD $70 million as it launches UK service

The new capital will fund Flex's overseas expansion after annualised revenue tripled and its valuation more than doubled to USD $1.2 billion.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago
Warburg Pincus backs Oxylabs in USD $130 million deal
Data governance

Warburg Pincus backs Oxylabs in USD $130 million deal

The deal values the web data infrastructure group at USD $3.6 billion as investors back the systems helping AI agents gather online information.

By Karen Joy Bacudo • 4 min read • 3 days ago
inDrive appoints ex-Lyft finance chief Elaine Paul
IT Industry

inDrive appoints ex-Lyft finance chief Elaine Paul

Board oversight of inDrive's global expansion gets a boost as former Lyft Chief Financial Officer Elaine Paul joins as an independent director.

By Joseph Gabriel Lagonsin • 3 min read • 4 days ago

Stories from Other Regions

Venture Capital stories

Prolo raises GBP £4.2 million seed to automate procurement
Software-as-a-Service

Prolo raises GBP £4.2 million seed to automate procurement

Smaller UK contractors could cut delays and improve margins as Prolo's AI buying service tackles a manual procurement process.

By Joseph Gabriel Lagonsin • 4 min read • 2 days ago
AI Appreciation Day spotlights India's growth stakes
Data Protection

AI Appreciation Day spotlights India's growth stakes

Indian firms and schools face a widening AI skills gap as leaders warn of productivity gains, job disruption and ethical risks.

By Sean Mitchell • 4 min read • 2 days ago
Pinch Payments opens national hackathon with AUD $50K
Software-as-a-Service

Pinch Payments opens national hackathon with AUD $50K

Developers can win AUD $50,000 by building payment tools on the firm's API, with finalists pitching to fintech investors after a week-long sprint.

By Karen Joy Bacudo • 4 min read • 3 days ago
Australia's sportstech sector grows to AUD $7.11 billion
Health Technologies

Australia's sportstech sector grows to AUD $7.11 billion

The sector's 16% annual growth is being driven by a handful of larger operators, even as startups struggle to win early domestic customers.

By Karen Joy Bacudo • 4 min read • 3 days ago
Liquid Instruments launches AI tool for custom test gear
Partner Programmes

Liquid Instruments launches AI tool for custom test gear

Engineers using Moku hardware can now build bespoke test instruments from plain-English prompts, cutting months from development cycles.

By Sean Mitchell • 4 min read • 3 days ago
Valarian lands USD $50 million backing for sovereign AI
Data Protection

Valarian lands USD $50 million backing for sovereign AI

The investment will fund Valarian's expansion into government and defence users as demand grows for AI systems that keep sensitive data in-house.

By Sean Mitchell • 4 min read • 3 days ago
Velocity raises USD $38 million in Series A funding
Crypto

Velocity raises USD $38 million in Series A funding

The London-based startup will use the new capital to expand banking and payments links as firms test stablecoins for faster settlement.

By Karen Joy Bacudo • 4 min read • 3 days ago
TechWorks launches semiconductor to systems summit
Semiconductors

TechWorks launches semiconductor to systems summit

More than 500 delegates will gather as the UK deep-tech body seeks to join up chip design, manufacturing, systems and cyber security.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago
Beaten Zone passes AUD $20 million fundraising mark
Robotics

Beaten Zone passes AUD $20 million fundraising mark

Investor appetite for defence tech is rising as the Brisbane-based fund draws fresh capital amid regional tensions and supply chain concerns.

By Karen Joy Bacudo • 4 min read • 5 days ago