eCommerceNews Asia - Technology news for digital commerce decision-makers

Investment stories - Page 6

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Quantum computing remains distant despite advancements
Tue, 7th Jan 2025
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paas
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encryption
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iaas
A Forrester report reveals that while quantum computing has made strides, practical applications remain a decade away due to persistent challenges.
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Seeing Machines secures GBP £26.2m from Mitsubishi Electric
Tue, 7th Jan 2025
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collaboration
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investment
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seeing machines
Seeing Machines has secured a £26.2 million investment from Mitsubishi Electric Mobility to enhance driver monitoring technologies and expand in the automotive sector.
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Mail Metrics acquires Adare SEC, boosts UK market presence
Tue, 7th Jan 2025
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public sector
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investment
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ey
Mail Metrics has acquired Adare SEC, its fourth purchase in four years, expanding its workforce and boosting UK revenue projections to GBP £175 million.
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Railway operators to invest $1.2 billion in 5G LTE by 2027
Sun, 5th Jan 2025
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uc
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telco
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digitalisation
Railway operators are set to invest $1.2 billion in 5G LTE technology by 2027, marking a significant shift towards modern communication infrastructures.
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SandboxAQ secures $300m to advance AI quantum tech
Thu, 26th Dec 2024
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llms
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ai
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cybersecurity
SandboxAQ has secured over $300 million in funding, bringing its pre-money valuation to $5.3 billion as it advances in AI and quantum technology.
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Keepit secures $50 million to boost global expansion
Fri, 20th Dec 2024
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saas
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data protection
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investment
Keepit has secured $50 million in funding to bolster global expansion and innovate its data protection services, raising total funds to $90 million.
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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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GenAI in action: Transforming APAC business functions to deliver superior customer experiences
Thu, 19th Dec 2024
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digital transformation
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cx
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martech
In APAC, the rise of generative AI is reshaping customer experience, with 30% of Indian firms planning major investments in the technology over the next 18 months.
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OfficeMax invests NZD $750,000 in wearable tech upgrade
Wed, 18th Dec 2024
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wearables
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network infrastructure
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supply chain & logistics
OfficeMax has invested NZD $750,000 in wearable glove scanning technology to enhance productivity by 20% at its Auckland Distribution Centre.
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Maori-led fund seeks $100 million with Ethereum focus
Wed, 18th Dec 2024
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cryptocurrency
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fintech
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blockchain
A Maori-led fintech initiative in New Zealand aims to raise over $100 million in investment with the launch of the Quay Cove Ethereum Growth Fund.
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Databricks raises USD $10 billion, valued at USD $62 billion now
Wed, 18th Dec 2024
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data analytics
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ai
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investment
Databricks secures USD $10 billion in Series J funding, valuing the data and AI firm at USD $62 billion, as it plans major global expansions.
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DigitalX raises USD $15.4m with placement & rights issue
Wed, 18th Dec 2024
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cryptocurrency
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blockchain
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bitcoin
DigitalX has raised USD $10.3 million and plans a rights issue to secure another USD $5.09 million, amid strong investor backing ahead of a key meeting.
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The future of CFOs: Five predictions for 2025 and beyond
Mon, 16th Dec 2024
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digital transformation
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risk & compliance
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ai
As 2025 approaches, the role of the CFO in Australia is transforming, with investors favouring financial expertise over CEO leadership amid rising economic challenges.
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Vapi secures USD $20 million for AI voice agent expansion
Fri, 13th Dec 2024
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customer service
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investment
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conversational ai
Voice AI platform Vapi secures USD $20 million in Series A funding, aiming to enhance its voice agent deployment across diverse industries.
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DTE appoints Auður Árnadóttir as new Chief Financial Officer
Thu, 12th Dec 2024
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cfo
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investment
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job moves
DTE welcomes Auður Árnadóttir as its new Chief Financial Officer, aiming to strengthen its financial strategies amid rapid expansion in the aluminium sector.
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Netacea secures GBP £4 million to combat bot attacks
Thu, 12th Dec 2024
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ai
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cybersecurity
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investment
Netacea has secured an additional GBP £4 million investment from Mercia Asset Management to enhance its fight against sophisticated bot attacks.
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Bitcoin reaches USD $100,000, joins top global assets list
Thu, 12th Dec 2024
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cryptocurrency
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blockchain
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bitcoin
Binance Australia's latest report reveals a 39.9% surge in crypto market capitalisation to USD $3.47 trillion, driven by investor optimism and Bitcoin hitting USD $100,000.
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Global data centres optimistic on AI growth despite power concerns
Wed, 11th Dec 2024
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ai
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cleantech
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sustainability
A DLA Piper survey reveals 70% of global data centre investors forecast increased funding over two years, driven by AI demand despite energy concerns.
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Cohesity becomes largest data protection provider globally
Wed, 11th Dec 2024
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data protection
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genai
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ai
Cohesity has completed its merger with Veritas' data protection division, becoming the largest global provider in the sector and valued at over USD $7 billion.
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Happydemics raises €13m to expand UK market presence
Mon, 9th Dec 2024
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warner bros
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investment
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digital advertising
Happydemics has raised €13 million (£10.8 million) in Series B funding to enhance its AI-driven advertising measurement solutions and UK expansion.