eCommerceNews Asia - Technology news for digital commerce decision-makers

Investment stories - Page 10

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FedEx fuels Asia-Pacific economy with USD $1.7 billion boost
Wed, 30th Oct 2024
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supply chain & logistics
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cleantech
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sustainability
FedEx's latest economic impact report reveals a USD $1.7 billion boost to the Asia-Pacific economy in FY 2024, enhancing regional commerce and connectivity.
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Is Crypto gambling? Let’s ‘roll the dice’ on this debate
Tue, 29th Oct 2024
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cryptocurrency
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blockchain
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risk & compliance
As cryptocurrencies polarise opinion, the debate rages: is crypto merely gambling, or a daring avenue for diversifying investments?.
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Zoho invests USD $10m in NVIDIA AI for language models
Fri, 25th Oct 2024
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saas
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data privacy
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llms
Zoho has announced a partnership with NVIDIA to enhance its AI capabilities, investing USD $10 million to improve large language models for its SaaS applications.
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Actica acquires Gemba Advantage to boost tech capabilities
Fri, 25th Oct 2024
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data analytics
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cybersecurity
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software development
Actica, supported by Sovereign Capital Partners, has acquired Gemba Advantage to strengthen its technology and cybersecurity capabilities for public sector clients.
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ANZ leads in observability investment & business value
Fri, 25th Oct 2024
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devops
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siem
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digital transformation
Splunk's latest report reveals that organisations in Australia and New Zealand lead global observability spending, investing AUD $3.4 million annually.
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UK tech sector faces challenges with potential CGT rise
Fri, 25th Oct 2024
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ai
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investment
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eis
Potential changes to Capital Gains Tax in the Autumn Budget could hinder UK's tech innovation, warns expert Adam Chick, driving entrepreneurs to sell prematurely.
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Australia's data centre investment to exceed $26bn by 2030
Fri, 25th Oct 2024
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hyperscale
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dc
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cleantech
Investment in Australian data centre capacity is projected to surpass AUD $26 billion by 2030, driven by soaring demand for digital services.
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Nick Hoar joins Volution as Senior Partner for APAC expansion
Fri, 25th Oct 2024
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saas
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fintech
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blockchain
Nick Hoar joins Volution as Senior Partner, bringing over 30 years of asset management experience to bolster the firm's global expansion efforts.
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UK firms delay investments amid pre-autumn budget fears
Wed, 23rd Oct 2024
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ai
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investment
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budget
A survey reveals that 70% of UK financial leaders are delaying investments due to uncertainties before the Autumn Budget, with technology spending prioritised.
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Scaleup Mediafund invests in Naked Life & Settle Easy
Wed, 23rd Oct 2024
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partner programmes
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ipo
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investment
Scaleup Mediafund has finalised investments in Naked Life and Settle Easy during its AUD $15 million funding round, focusing on media-for-equity support.
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GoCardless & Pipe partner to offer finance to UK SMEs
Wed, 23rd Oct 2024
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fintech
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investment
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gocardless
GoCardless has teamed up with US fintech Pipe to launch embedded finance solutions for SMEs in the UK, streamlining access to capital for small businesses.
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Socket secures USD $40m series B to combat supply threats
Wed, 23rd Oct 2024
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application security
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advanced persistent threat protection
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ai
Socket has completed a USD $40 million funding round, aiming to enhance security for open-source software amid rising supply chain attacks.
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Paladin appoints Nazo Moosa as UK Managing Director
Tue, 22nd Oct 2024
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robots
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ai
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cybersecurity
Paladin Capital Group has appointed Nazo Moosa as Managing Director for its European operations to enhance investment and fundraising capabilities.
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EDGNEX to build 40MW data centre in Madrid by 2026
Tue, 22nd Oct 2024
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datacentre infrastructure
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ai
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cleantech
EDGNEX Data Centers, part of DAMAC Group, is investing EUR 400 million in a new 40MW data centre in Madrid to meet rising global demand.
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Chipotle invests in AI supply chain firm Lumachain
Mon, 21st Oct 2024
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data analytics
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cleantech
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sustainability
Lumachain, an AI supply chain platform from Sydney, secures a minority investment from Chipotle's USD $100 million Cultivate Next fund to enhance food supply transparency.
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GaiaLens wins ESG innovation funding for anti-greenwashing
Tue, 15th Oct 2024
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dei
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ai
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cleantech
GaiaLens has been named a winner of FinTech Scotland's ESG innovation call, securing funding to enhance its Greenwashing Analytics Solution.
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Telecom firms lead the way in GenAI adoption & investment
Fri, 11th Oct 2024
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uc
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data analytics
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cx
A new study reveals that 70% of telecommunications firms are adopting generative AI, outpacing other sectors in investment and implementation.
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Kao Data begins £350m data centre project in Stockport
Thu, 10th Oct 2024
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edutech
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power / energy
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ai
Kao Data has begun construction on a GBP £350 million data centre in Stockport, set to enhance Greater Manchester’s digital infrastructure by 2026.
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New robotic palletising solution launched for Singapore SMEs
Thu, 10th Oct 2024
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robots
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it in manufacturing
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it automation
ProPal Robotics and OnRobot have unveiled Southeast Asia's first off-the-shelf palletising automation solution, targeting Singapore's SME manufacturers.
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UK ranks lowest in 5G connectivity among major countries
Thu, 10th Oct 2024
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uc
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5g & beyond
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telco
A report by the Social Market Foundation reveals the UK ranks last for 5G connectivity among 15 global markets, with coverage only 10% of the time.