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HCLTech leads Sarvam's USD $150 million Series B close
Software-as-a-Service

HCLTech leads Sarvam's USD $150 million Series B close

The round values the sovereign AI start-up at USD $1.5 billion as it seeks funding for research and compute to expand across key sectors.

By Mark Tarre • 4 min read • Last week

Global Stories

Fundraising stories

ICEYE raises EUR 450 million in General Atlantic-led round
Nokia

ICEYE raises EUR 450 million in General Atlantic-led round

The deal values the Finnish satellite intelligence group at more than EUR 10 billion as governments step up demand for sovereign space systems.

By Mark Tarre • 3 min read • Last week
'Strong partnership': Canva, OpenAI team up for hackathon
Software-as-a-Service

'Strong partnership': Canva, OpenAI team up for hackathon

Hundreds of admin hours are draining staff time from lifesaving, research and STEM work at Australian nonprofits.

By David Shilovsky • 5 min read • Last week
Quobly raises EUR €115 million in Series A funding
Data centers

Quobly raises EUR €115 million in Series A funding

The French start-up will use the cash to industrialise silicon-based quantum hardware and prepare its first cloud product for 2026.

By Sofiah Nichole Salivio • 5 min read • This month
Perk secures USD $300m credit facility from lenders
Software-as-a-Service

Perk secures USD $300m credit facility from lenders

The travel and spend group gains room to invest in AI and product after replacing its 2024 borrowing deal on improved terms.

By Karen Joy Bacudo • 4 min read • This month
OpenAI finance chief says AI is reshaping finance jobs
Digital Transformation

OpenAI finance chief says AI is reshaping finance jobs

AI is freeing OpenAI's finance staff from routine work, shifting effort towards analysis, controls and judgement across tax and investor relations.

By Karen Joy Bacudo • 7 min read • This month

Stories from Other Regions

Fundraising stories

Gamma padel tournament raises GBP £1,430 for charities
Partner Programmes

Gamma padel tournament raises GBP £1,430 for charities

More than 70 teams took part across four UK cities as the annual event doubled as a networking drive and charity fundraiser.

By Sofiah Nichole Salivio • 3 min read • Today
Ovum raises AUD $4 million to expand women's health app
Data Protection

Ovum raises AUD $4 million to expand women's health app

Backers are betting on a bigger market for female health data as the Melbourne startup's user base and research dataset grow.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago
Zuuka raises capital for wearable insulin platform
Internet of Things

Zuuka raises capital for wearable insulin platform

Funding will back trials and regulatory work as the New Zealand start-up aims to bring a smaller, reusable insulin device to the US market.

By Mark Tarre • 4 min read • Last week
TechnologyOne named Queensland Corporate Philanthropist of the Year
Digital Transformation

TechnologyOne named Queensland Corporate Philanthropist of the Year

The award highlights a two-decade pattern of donations, software discounts and volunteering that has backed Queensland charities and frontline services.

By Mark Tarre • 3 min read • Last week
KOHO raises CAD $130 million in banking licence push
Crypto

KOHO raises CAD $130 million in banking licence push

Fresh capital gives the Vancouver fintech a runway for expansion as it seeks federal bank status in Canada's tightly held market.

By Karen Joy Bacudo • 3 min read • Last week
Scaleup launches AUD $25m fourth media-for-equity fund
Fintech

Scaleup launches AUD $25m fourth media-for-equity fund

Australian consumer startups can now tap fresh advertising stock instead of cash, as Scaleup Mediafund deploys its fourth AUD $25 million vehicle.

By Mark Tarre • 3 min read • This month
Multiverse opens Edinburgh hub with ex-Amazon AI chief
Fintech

Multiverse opens Edinburgh hub with ex-Amazon AI chief

The training firm plans 200 hires as it broadens UK engineering beyond London and pushes deeper into AI products after fresh funding.

By Sean Mitchell • 4 min read • This month
Record OS launches with USD $2 million pre-seed raise
Software-as-a-Service

Record OS launches with USD $2 million pre-seed raise

The UK tax overhaul is set to bring more self-employed workers and landlords online, creating demand for cheaper filing tools with human checks.

By Karen Joy Bacudo • 3 min read • This month
Constant AI promotes Lisa Cote to Chief Financial Officer
Fintech

Constant AI promotes Lisa Cote to Chief Financial Officer

The fintech's expansion into credit unions puts an experienced finance hand in place as it scales loan-operations software and AI tools.

By Sofiah Nichole Salivio • 3 min read • This month
Parloa opens London office as AI expansion gathers pace
Customer Relationship Management

Parloa opens London office as AI expansion gathers pace

London's rising AI investment is drawing Parloa into the capital as the company expands its European footprint and customer base.

By Sean Mitchell • 5 min read • This month
Taiwan market value tops USD $5 trillion on AI demand
Semiconductors

Taiwan market value tops USD $5 trillion on AI demand

Foreign investors are helping drive Taiwan's stock market to record size as chip and AI shares account for more than four-fifths of value.

By Sean Mitchell • 3 min read • This month