Investment

Finnish Impact investor Finnfund claims it has become the first development financier to deliver an investment portfolio that is carbon net-negative. Its 2019 data revealed that in its investment portfolio worth EUR 617 million, across forestry and agroforestry, they removed 134,679 more carbon dioxide tonnes (tCO2e) than they emitted. According

Sitecore today claimed the largest ever capital investment in martech, announcing a $US1.2 billion investment to accelerate growth. The huge boost, from a group of investors including current majority shareholder EQT, has the potential to elevate Sitecore alongside leading martech providers.  The company says the US$1.2 billion announced today will

Courier service Sendle today announced it has raised a further $19 million from a mix of new and returning investors. Popular with small businesses and offering carbon neutral delivery, Sendle says its now has half a million customers as ecommerce demand is “skyrocketing” during COVID-19. Sendle says its latest funding

An Australian startup backed by the CSIRO which makes plant-based “meat” today announced it has raised $35 million in series A funding. The startup, v2food, will use the capital for more research and development, and to build a new production facility in regional Australia. The company launched last month promising

venture capital investment

Australian robotics and AI sensor company, Advanced Navigation, has raised $20 million in a Series A round aiding the company’s global expansion and R&D for new robotics, navigation and sensor technologies.  The funding was led by Main Sequence Ventures’ CSIRO Innovation Fund, alongside US venture firms Brick and Mortar Ventures

Companies often prioritise investment in customer-facing systems over infrastructure projects, but it’s important to realise that both are critical to success, says Shailendra Kumar, Vice President and Chief Evangelist at SAP, “As the new customer-facing systems usually have a direct impact on customer experience, management finds it easy to approve

venture capital investment

Australian venture capital (VC) investment hit a new high of $1.29 billion in the 2018-2019 financial year, according to the KPMG quarterly global trends report. However this quarter saw a drop in VC investment in Q2 compared to Q1.  Between April and June this year the number of deals dropped

NAB Ventures has invested US$10 million in Silicon Valley-based cyber security start-up Digital Shadows. Through this investment, the company has plans for global expansion with Asia Pacific and product development.  Digital Shadows plans to exponentially scale the delivery of its SearchLight service.  The company focuses on digital risk protection for

Analytics platform SAS is planning to invest $1 billion in AI over the next three years through software innovation, education and expert services. The company already has a foundation in AI by means of advanced analytics, machine learning, deep learning, natural language processing (NLP) and computer vision. The investment will