Fundraising stories
VAST Data hits $30bn valuation after $1bn Series F round
Last week
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saas
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storage
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hyperscale
VAST Data's latest funding round highlights booming demand for AI infrastructure, with backers betting on its data platform and global expansion plans.
Pinewood lifts revenue as US dealership testing starts
Last week
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saas
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data analytics
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digital transformation
Pinewood boosts annual revenue and EBITDA as testing begins at Lithia's US dealerships, with cash rising and medium-term growth targets intact.
Wasabi secures USD $250 million credit facility from Bain
Last week
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saas
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storage
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hybrid cloud
Wasabi lands USD $250 million Bain-led credit line to fund cloud storage expansion, AI-ready infrastructure and overseas growth.
Newo appoints Jason Luo as Chief Executive Officer
Last week
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uc
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digital transformation
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cx
Newo names Jason Luo Chief Executive Officer after USD $25 million funding round as it targets small businesses missing inbound calls.
Slash raises USD $100 million at USD $1.4 billion valuation
This month
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saas
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gaming
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fintech
Slash lands USD $100 million Series C at USD $1.4 billion valuation as Ribbit backs its rapid expansion into broader business finance.
Lua raises USD $5.8 million seed round led by Norrsken22
This month
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digital transformation
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fintech
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partner programmes
London's Lua secures USD $5.8 million seed backing from Norrsken22 as it expands its platform for businesses to manage AI agents.
US AI megadeals drive global VC to USD $331 billion
This month
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semiconductors
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hyperscale
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dc
US AI megadeals push global venture capital to a record USD $330.9 billion as OpenAI, Anthropic and xAI dominate first-quarter funding.
Convelio secures Series C to expand New York storage
This month
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digital transformation
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cx
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martech
Convelio wins Series C backing and a Phillips mandate as the fine art logistics group prepares a New York warehouse and AI-driven growth.
Caruso wins $9.3M funding, scales AI fund services
This month
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crm
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digital transformation
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fintech
Caruso lands AUD $9.3 million from Icehouse Ventures and GD1 as Centuria joins 80-plus clients using its AI-native fund administration platform.
Vertigenius raises EUR 2.55 million for US expansion
This month
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wearables
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devops
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apm
Vertigenius secures GBP £2.2 million to accelerate US clinic rollout of its wearable vertigo sensor, with 20 sites already using the device.
Hapax launches AI platform to automate workplace tasks
This month
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crm
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data analytics
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digital transformation
Hapax expands beyond banks with AI platform that spots workplace bottlenecks and deploys task-specific workers, claiming 350 automations in beta.
OpenAI raises USD $122 billion in record AI funding
This month
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saas
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semiconductors
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digital transformation
OpenAI secures USD $122 billion in funding as Amazon, Nvidia and SoftBank back a rapid expansion in compute, enterprise tools and product plans.
Rosella raises AUD $3.7 million for AI insurance brokerage
This month
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saas
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digital transformation
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cx
Rosella bags AUD $3.7 million to automate commercial insurance broking as it targets the USD $215 billion US market.
OpenFX raises USD $94 million to speed cross-border payments
This month
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crypto
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fintech
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blockchain
OpenFX secures USD $94 million to scale real-time cross-border payments, after growing annual volumes to more than USD $45 billion and adding 100-plus clients.
SC Ventures backs Keyrock in USD $1.1 billion round
This month
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crypto
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fintech
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blockchain
Keyrock lands new Series C funding from SC Ventures as it expands trading, liquidity and tokenised finance services for institutions.
Worth raises USD $30m for small business onboarding
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fintech
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hcm
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rpa
Fintech Worth secures USD $30m Series A to accelerate AI-powered onboarding and underwriting for small and medium-sized businesses.
RobCo appoints Dennis Hauser as Chief Financial Officer
Last month
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saas
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robots
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digital transformation
RobCo taps Dennis Hauser as Chief Financial Officer to back US expansion after USD $100 million funding round and sharpen its RaaS push.
Zalos raises USD $3.6 million for finance AI agents
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data protection
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digital transformation
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fintech
Zalos secures USD $3.6 million seed funding to build AI agents that automate complex finance workflows across legacy enterprise systems.
Obin AI raises USD $7 million to power agentic finance
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fintech
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physical security
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rpa
Obin AI exits stealth with USD $7 million to build auditable AI agents for heavily regulated financial workflows and asset managers.
Robinhood fund buys into Stripe, AI start-up ElevenLabs
Last month
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fintech
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risk & compliance
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genai
Robinhood Ventures Fund I adds Stripe and ElevenLabs stakes to give retail investors listed access to late-stage private tech firms.