Investment stories - Page 9

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.

Burges Salmon has guided Tritax Big Box in a joint venture to enhance power delivery for a substantial new data centre at Heathrow, valued at GBP £5 billion.

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.

Stockport's Shopblocks has secured GBP £2 million in funding and rebranded itself as Symphony Commerce, targeting the global B2B market.

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.

iplicit, a cloud accounting platform for the UK mid-market, has secured GBP £25 million in funding from One Peak to fuel its growth and product development.

CISOs in the UK plan to boost investment in cloud security throughout 2025, with 84% prioritising Cloud-Native Application Protection Platform technologies.

Hypergrowth accounting platform iplicit has appointed Olivia McMillan as COO after securing a GBP £25 million investment from One Peak to boost expansion.

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.

A report by Menzies reveals 90% of UK tech firms face significant financial hurdles, with high operational costs and funding difficulties limiting growth.

Accounting software provider iplicit has secured a GBP £25 million investment from One Peak, aiming to enhance its cloud-based solutions for UK businesses.

CIBC Innovation Banking has extended a GBP £5 million corporate debt facility to Infinity, bolstering the call tracking firm's growth and product development efforts.