Venture Capital stories - Page 13

Nearly half of consumers find AI chatbots helpful for customer service, with 48% noting improved experiences, a new study reveals.

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

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

Socket has secured USD $40 million in Series B funding to reinforce its fight against software supply chain security threats, with total capital now at USD $65 million.

Wolt has released a report marking its 10th anniversary, revealing EUR €19 billion in economic activity generated across 1,000 cities over the decade.

CryptoLab and Niobium have formed a strategic partnership to enhance privacy and performance in AI applications, raising over USD$20 million in funding.

QuantumLight, led by Revolut's CEO Nik Storonsky, releases a playbook for tech startup founders on building high-performance teams, based on Revolut's success.

Charlie Ill has been named the new CEO of Investible, succeeding Rod Bristow. Ill's appointment is expected to drive the firm's next growth phase.

TanX has hit a quarterly trading volume of USD $1 billion, marking a 70% rise and underscoring the growing reliance on decentralized trading platforms.

Check Point names Nadav Zafrir as new CEO amid strong Q2 2024 results, with revenues up 7% to USD $627 million. Founder Gil Shwed to become Executive Chairman.

The green tech market is set to surge with a 22.4% CAGR from $16.25 billion in 2022 to $122.69 billion by 2032, driven by emerging regions and innovation.

Contrarian advice for tech founders: avoid early capital raising, don't aim for unicorn status, embrace unscalable tasks, and ignore early awards.

Digital asset platform Haruko secures USD $6 million for Southeast Asia expansion, led by White Star Capital and MMC Ventures, boosting its total funding to USD $16 million.

Evexus has launched a cutting-edge event management software, set to revolutionise event planning globally with advanced AI and innovative features.

Illumio, a Zero Trust Segmentation company, has earned a spot on the Cyber 66 report for the second year in a row, cementing its crucial role in transforming organisational security postures amid a rapidly changing cybersecurity landscape.

Buddy, a global marketplace aimed at digitising the $348B metal recycling industry, connects buyers and sellers directly, aiming to streamline the industry and greatly reduce carbon emissions.

R/GA EMEA and Founderland have launched PAM, an AI-powered platform, to help women of colour founders secure venture capital (VC) funding, addressing the stark disparity in the industry.

IWD 2024: Unconscious bias and stringent funding criteria hinder women tech founders, despite proven capability to disrupt industries and create million-dollar businesses.

Avarni, a leading decarbonisation firm, appoints David Payne as its Chief Commercial Officer and Daniel Jarosch as board Chairman, marking a new phase of global growth.

Amidst overall funding decreases, crowdsourced funding in Australia remained steady in 2023, securing $71m for local businesses.