Digital payments firm, Wise, reports 55% increase in profit

The British digital payments firm, Wise, reported a 55% increase in profit for the first half of its 2025 fiscal year, reaching £217.3 million, up from £140.6 million a year…

NNR November 6, 2024

Wire

Smart Foods acquires Fenn Foods’ major assets amid liquidation

Australian alt-meat company Fenn Foods, which recently entered liquidation, has been acquired by local peer Smart Foods. The deal includes Fenn Foods' major assets such as the Veef and Love…

NNR October 22, 2024

Wire

Australia appoints VFS Global to deploy biometric collection for Sub-Saharan Africa

Government of Australia has appointed VFS Global to provide biometric collection services for Sub-Saharan Africa. VFS Global is the world's leading outsourcing and technology service specialist for governments and diplomatic…

NNR October 16, 2024

Wire

Techbio company Antiverse raises another £3.5 million seed funding

CARDIFF: Antiverse, a techbio company designing antibodies for challenging targets, today announced it has added £3.5M ($4.6M) to its seed funding. The investment will facilitate the Company’s growth, including appointments…

NNR October 15, 2024

Wire

KSA and UAE lead MENA startup funding with $328.3 million in September

DUBAI: In September 2024, Saudi Arabia and the UAE emerged as the giants of startup funding in the MENA region, according to research by Rasmal, a MENA-focused media agency. The…

NNR October 10, 2024

Wire

COVU Inc. raises $12.5 million in Series A funding round

SAN FRANCISCO: COVU Inc., a leader in AI-native services for insurance agencies, today announced the successful completion of $12.5 million in equity and debt financing, as part of the first…

NNR October 10, 2024

Wire

watchTowr announces $19 million Series A funding round led by Peak XV

SINGAPORE: WatchTowr, the cybersecurity startup redefining External Attack Surface Management, today announced a $19 million Series A funding round led by Peak XV, formerly known as Sequoia India & Southeast…

NNR October 10, 2024

Wire

Ripple launches bank-grade custody solution to crypto businesses

SAN FRANCISCO: Ripple, the leading provider of digital asset infrastructure, announced the launch of new features and functionality to Ripple Custody, bringing the benefits of its market-leading bank-grade custody technology…

NNR October 10, 2024

Wire

clock.bio raised $5.3 million in seed funding led by LocalGlobe

CAMBRIDGE: clock.bio, a healthspan biotech, raised $5.3 million in seed funding led by LocalGlobe, with participation from BlueYard Capital, Onsight Ventures, and Dr. Jonathan Milner, the Founder of Abcam. The company has…

NNR October 9, 2024

Wire

New Adobe app to help creators protect their work from AI use

Adobe announced on Tuesday that it will launch a free web-based app next year to help creators of images and videos receive credit for their work used in AI systems.…

NNR October 8, 2024

Wire

Fintech company Facet raises $35 million in a round led by Multiplier Capital

BALTIMORE: Facet, the fintech company that is building the future of financial planning, has raised an additional $35 million in new financing. The round was led by Multiplier Capital, a leading…

NNR October 8, 2024

Wire

CrashPlan has acquired Parablu Inc.

MINNEAPOLIS: CrashPlan has acquired Parablu Inc. a leading provider of data security and resiliency solutions known for its market-leading offerings protecting Microsoft 365 data. The acquisition positions CrashPlan to deliver the industry’s…

NNR October 8, 2024