Investment stories - Page 19

The King's Speech has sparked debate on cybersecurity and AI, with industry leaders urging a stronger focus on healthcare security and AI regulations.

BGF has invested GBP £5 million into Cardiff's PureCyber, a fast-growing cybersecurity firm, appointing Ben Marnham as Non-Executive Chair to spearhead further growth.

A report by Ivanti reveals a rise in cybersecurity budgets for 2024 as 71% of security experts navigate widening confidence gaps with non-IT leaders.

Nasuni secures majority investment led by Vista Equity Partners, valued at approximately USD $1.2 billion, to boost growth and innovation in the hybrid cloud market.

A report by Shopify reveals that 68% of Southeast Asian retailers are increasing social commerce spending as economic pressures reshape consumer behaviour.

Trust is paramount in the crypto world. Exchanges must earn it through robust security, user education, and transparency to ensure a safe investment environment.

Fortinet has been named a Challenger in the 2024 Gartner Magic Quadrant for Single-Vendor SASE, highlighting its efforts in simplifying operations and enhancing security.

The enterprise IoT market hit USD $269 billion in 2023, with 15% growth. Expected deceleration in 2024 due to economic concerns could shift investment focus to software.

Riverside appoints former Deliveroo CEO Ed McManus as Senior Operating Partner, aiming to leverage his extensive experience to drive growth in Australia and New Zealand.

Australian startup Fugu secures seed funding led by Investible to develop solid direct air capture technology aimed at large-scale CO2 removal.

Adobe's latest report reveals the Asia Pacific and Japan region leads in generative AI adoption, outpacing the US and Europe with a 65% implementation rate.

Canon triumphs at drupa 2024, surpassing sales targets despite fewer visitors. The Core exhibit captivates 6,000+ guests with immersive printing innovations.

Kōura's Wealth's bold USD $5 million Bitcoin investment in KiwiSaver has surged to a whopping USD $7.5 million.

Beroe has announced a strategic investment in AI firm Forestreet to enhance its procurement tools, aiming to provide greater market insights for CPOs.

Australian retailers lag in eCommerce maturity, with 16.8% of sales online. While COVID and cost-of-living affects investment, Gen Y and Gen Z may push online sales to 33% by 2033.

SAS and The Kids Cancer Project have extended their partnership for three years, aiming to advance childhood cancer research in Australia through enhanced analytics.

Samsara Eco, an Australian enviro-tech firm, has raised AUD $100M in Series A+ funding, led by Temasek and Main Sequence, to scale its plastic recycling capabilities.

Digital incidents have surged by 41% in Australia. PagerDuty's research reveals gaps in automation aggravate financial and operational pressures.

AI-powered automation is revolutionising Australia’s patient care, easing admin burdens, advancing research, and enabling efficient, personalised treatment.

Over 99% of UK businesses were fined for data breaches in the past year, with the average fine hitting GBP £257,982, reveals ISMS.online research.