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Perk secures USD $300m credit facility from lenders
Software-as-a-Service

Perk secures USD $300m credit facility from lenders

The travel and spend group gains room to invest in AI and product after replacing its 2024 borrowing deal on improved terms.

By Karen Joy Bacudo • 4 min read • Last week
OpenAI finance chief says AI is reshaping finance jobs
Digital Transformation

OpenAI finance chief says AI is reshaping finance jobs

AI is freeing OpenAI's finance staff from routine work, shifting effort towards analysis, controls and judgement across tax and investor relations.

By Karen Joy Bacudo • 7 min read • Last week
Parloa tops USD $50 million ARR after Series D boost
Customer Relationship Management

Parloa tops USD $50 million ARR after Series D boost

Enterprise adoption is moving from pilots to production, helping Parloa lift net revenue retention to 150% and pass USD $50 million ARR.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Bureau opens first London showroom & new booth range
Hybrid & Remote Work

Bureau opens first London showroom & new booth range

European buyers can now see Bureau's booths in person as the company expands beyond Australia and North America with a London base.

By Mark Tarre • 4 min read • Last month
Yaspa appoints Justin Fears as US Director of sales
Gaming

Yaspa appoints Justin Fears as US Director of sales

The appointment bolsters Yaspa's push into North American gaming, as it seeks to win more operators needing payment and compliance tools.

By Karen Joy Bacudo • 3 min read • Last month
REPS raises USD $23.6 million to turn roads into power
Smart Cities

REPS raises USD $23.6 million to turn roads into power

A live Port of Hamburg pilot has drawn investor backing as REPS says its system can harvest energy from braking trucks and heavy traffic.

By Sofiah Nichole Salivio • 5 min read • Last month
Cyber DueDil beats first-year targets with 20 deals
Ransomware

Cyber DueDil beats first-year targets with 20 deals

The Manchester firm is now weighing outside funding and headcount growth after repeat business pushed first-year revenue above GBP £250,000.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Firgun backs Quantum Motion in GBP £62 million round
Semiconductors

Firgun backs Quantum Motion in GBP £62 million round

The UK quantum computing sector gained a major boost as Quantum Motion secured one of Europe's largest financings, drawing fresh specialist backing.

By Sean Mitchell • 4 min read • Last month
Exaforce raises USD $125m in Series B for AI security
Data Protection

Exaforce raises USD $125m in Series B for AI security

The funding will help the cyber security start-up expand in Japan and Europe as it pushes AI tools to cut investigation times and false positives.

By Sean Mitchell • 4 min read • Last month

Stories from Other Regions

Fundraising stories

Record OS launches with USD $2 million pre-seed raise
Software-as-a-Service

Record OS launches with USD $2 million pre-seed raise

The UK tax overhaul is set to bring more self-employed workers and landlords online, creating demand for cheaper filing tools with human checks.

By Karen Joy Bacudo • 3 min read • Yesterday
Constant AI promotes Lisa Cote to Chief Financial Officer
Fintech

Constant AI promotes Lisa Cote to Chief Financial Officer

The fintech's expansion into credit unions puts an experienced finance hand in place as it scales loan-operations software and AI tools.

By Sofiah Nichole Salivio • 3 min read • Last week
Parloa opens London office as AI expansion gathers pace
Customer Relationship Management

Parloa opens London office as AI expansion gathers pace

London's rising AI investment is drawing Parloa into the capital as the company expands its European footprint and customer base.

By Sean Mitchell • 5 min read • Last week
Taiwan market value tops USD $5 trillion on AI demand
Semiconductors

Taiwan market value tops USD $5 trillion on AI demand

Foreign investors are helping drive Taiwan's stock market to record size as chip and AI shares account for more than four-fifths of value.

By Sean Mitchell • 3 min read • Last week
British Business Bank backs Longwall's GBP £50 million fund
Clean technologies

British Business Bank backs Longwall's GBP £50 million fund

The cornerstone commitment should help Longwall Ventures reach a GBP £100 million close and back more UK deep tech start-ups.

By Karen Joy Bacudo • 4 min read • Last month
Relay secures USD $50 million to fuel small business growth
Fintech

Relay secures USD $50 million to fuel small business growth

The funding will help Relay expand among US small firms as it passes USD $1.3 billion in managed deposits and 150,000 customers.

By Karen Joy Bacudo • 3 min read • Last month
Primer raises USD $100 million to boost AI & US growth
Fintech

Primer raises USD $100 million to boost AI & US growth

The payments infrastructure firm plans to hire up to 50 people in the US as it channels fresh capital into AI tools and expansion.

By Karen Joy Bacudo • 4 min read • Last month
Sift names co-founder CEO & opens San Francisco office
DevOps

Sift names co-founder CEO & opens San Francisco office

The hardware observability startup is expanding its leadership bench as it targets aerospace, defence and autonomy customers with software for physical systems.

By Joseph Gabriel Lagonsin • 3 min read • Last month