Capital raising stories

The US Department of Energy has granted a $584.5 million loan guarantee to support solar and battery projects in Puerto Rico, enhancing energy resilience.

Vertice has secured $50 million in Series C funding, boosting its total to over $100 million, aimed at enhancing global procurement processes.

Fiverr has unveiled its largest cohort yet for The Future Collective, a business accelerator supporting 15 underrepresented entrepreneurs across the US.

Young British entrepreneurs Charlie Gray and Ben O'Nion have launched Echo AI, an AI-driven note-taking assistant, with a GBP £2 million investment to boost productivity.

Aligned Data Centers has successfully raised over USD $5 billion in equity and USD $7 billion in debt to expand its AI infrastructure across the Americas.

JLL has expanded its Asia Pacific data centre capital markets platform, appointing Luke Jackson and Bob Tan as regional co-heads to enhance investor services.

Kaspersky has unveiled three new courses aimed at bolstering cybersecurity skills through its Automated Security Awareness Platform, addressing rising cyber threats.

Verkada has appointed Boudewijn Pesch as Vice President of Japan and Asia-Pacific Channel Sales, tasked with enhancing channel strategy in the region.

Patients Know Best has raised GBP £6 million in funding from Growth Lending to enhance its Personal Health Record platform, supporting NHS digitalisation efforts.

Confido Health has secured USD $3 million in seed funding to enhance its AI-driven digital workers addressing staffing issues in the US healthcare sector.

CISA has mandated federal agencies to implement SCuBA Secure Configuration Baselines for Microsoft 365 by mid-2025 to combat rising cyber threats.

Myriota has raised $50 million to boost its IoT capabilities and create up to 100 jobs at its Adelaide manufacturing base.

SandboxAQ has secured over $300 million in funding, bringing its pre-money valuation to $5.3 billion as it advances in AI and quantum technology.

Vultr secures its first equity financing at a valuation of $3.5 billion, aiming to expand its global AI infrastructure and cloud computing services.

Keepit has secured $50 million in funding to bolster global expansion and innovate its data protection services, raising total funds to $90 million.

A Maori-led fintech initiative in New Zealand aims to raise over $100 million in investment with the launch of the Quay Cove Ethereum Growth Fund.

DigitalX has raised USD $10.3 million and plans a rights issue to secure another USD $5.09 million, amid strong investor backing ahead of a key meeting.

RapidCanvas has secured USD $16 million in funding to enhance AI solutions, aimed at addressing the global shortage of data scientists and engineers.

LambdaTest has raised $38 million in funding, led by Avataar Ventures, to enhance its AI-driven QA solutions amid growing demand in software testing.

LambdaTest has secured USD $38 million in funding led by Avataar Ventures, bringing its total funding to USD $108 million to enhance AI-driven QA solutions.