Investment stories - Page 5

Western Digital is set to separate its Flash business by February 2025, as it focuses on enhancing its HDD technology amid rising data storage demands.

A new report reveals 60% of firms are revamping supply chains to tackle tariff uncertainty and market volatility, driving investments in automation and diversification.

Tusk Logistics has unveiled its innovative Tusk Operations Platform, backed by $2 million in funding, aiming to revolutionise shipping management for users.

Future AGI has secured USD $1.6 million in pre-seed funding to enhance its AI lifecycle management platform, co-led by Powerhouse and Snow Leopard Ventures.

Reconomy has announced the appointment of Jenny Dodsworth as its new Group Programme & Delivery Director and plans to invest over GBP £10 million in technology development.

BRKZ has secured USD $17 million in Series A funding to enhance construction procurement in Saudi Arabia, raising total funds to USD $22.5 million.

KOMI Group has announced a remarkable 45% rise in annual turnover, bolstered by a 77% surge in Q4 revenues, as the Manchester-based digital media firm plans US expansion.

AI legal tech firm Ivo has successfully secured USD $16 million in Series A funding, aiming to expand its AI-powered contract review platform.

Deel has secured nearly $300 million from new anchor investors, pushing its annual run-rate to $800 million, a 70% year-on-year growth.

Puma Growth Partners has led a $4.3 million funding round for Semeris, enhancing its AI tools for financial institutions navigating complex legal documents.

A new study by Celonis reveals that 89% of business leaders believe AI needs Process Intelligence for effectiveness, as 58% express concerns over process inefficiencies.

Yavrio, a fintech firm in London, has raised USD $2.4 million in seed funding to transform ERP systems by eliminating error-prone CSV file imports.

O.C. Tanner has launched Culture Intelligence, an AI-driven toolset designed to enhance employee recognition and improve retention rates across organisations.

Juniper Research has highlighted Sendbird, Front, and Sleekglow as top disruptors in the mobile messaging sector for 2025, aiming to challenge established players.

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

Abnormal Security has appointed Lisa Banks as Chief Financial Officer as it gears up for an initial public offering, aiming for over USD $1 billion in annual revenue.

Boba Mint Holdings plans to acquire a 50% stake in Toronto's Werd Studios for USD $2,550,000, aiming to enhance its blockchain gaming initiatives.

Canada's government has announced an investment of over CAD $7.3 million towards eight projects aimed at boosting local businesses in Quebec's Outaouais and Laurentides regions.

BPR Hub has secured USD $2.6 million in seed funding to tackle manufacturing compliance challenges, aiming to simplify regulatory processes for businesses worldwide.

Fivecast has clinched the National Australian Exporter Award for Advanced Technologies, marking a notable second win at the 62nd Australian Export Awards.