Friday, October 3, 2025
  • Login
Techstory Australia
  • Home
  • News
  • AI
  • Social Media
  • Technology
  • Markets
No Result
View All Result
  • Home
  • News
  • AI
  • Social Media
  • Technology
  • Markets
No Result
View All Result
Techstory Australia
No Result
View All Result
Home Markets

Weekly Startup Funding News

Toronto-based enterprise AI company Cohere has raised an additional $100 million in funding, bringing its total valuation to $7 billion.

Sara Jones by Sara Jones
September 27, 2025
in Markets
0
Startup Funding Surge: Major Investments Propel Australian Innovators to New Heights
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Exclusive: Revel8 Raises €7M to Turn Employees into AI-Powered Human Firewalls Against Cyberattacks

In a major push to strengthen the human layer of cybersecurity, Dutch startup Revel8 has secured €7 million in seed funding to scale its AI-driven platform that transforms employees into proactive defenders against cyber threats.

You might also like

Nissan Confirms Xterra’s Return in 2028, Scraps U.S. EV Plans

2026 Hyundai Ioniq 5 Sees Price Cuts of Up to $9,800 as EV Market Shifts

Samsung Galaxy Ring Swells on User’s Finger, Leading to Missed Flight and Emergency Hospital Visit

The funding round was led by prominent European venture firm Peak Capital, with participation from Curiosity VC and several angel investors with deep roots in cybersecurity and enterprise software. This capital injection will support Revel8’s rapid expansion across Europe and North America, as well as further development of its adaptive learning platform.

Exclusive: revel8 raises €7M to turn employees into AI-powered human  firewalls against cyberattacks — TFN

Founded in 2023, Revel8 tackles one of cybersecurity’s most persistent vulnerabilities: human error. Rather than relying solely on traditional training modules, Revel8 leverages AI to deliver real-time, personalized coaching to employees—effectively turning them into “human firewalls.” The platform uses behavioral analytics and simulated threat environments to continuously assess and improve user resilience against phishing, social engineering, and insider threats.

“Companies invest heavily in firewalls and endpoint security, but forget the biggest risk is often sitting at a desk,” said co-founder and CEO Thomas van den Berg. “We’re closing the gap by empowering employees with smart tools that actually evolve with the threat landscape.”

With the cybersecurity skills gap widening and social engineering attacks growing more sophisticated, investors see strong potential in Revel8’s approach. The company claims that pilot customers have reported up to a 60% drop in successful phishing attempts within months of onboarding.

Revel8 plans to double its headcount by mid-2026 and integrate with major enterprise platforms such as Microsoft 365 and Slack. As cyber threats become more personalized, so too must the defenses—and Revel8 is betting that the next frontier of cybersecurity starts not at the server, but with the individual.

Cohere Raises $100M, Reaches $7B Valuation, and Expands AMD Partnership

Toronto-based enterprise AI company Cohere has raised an additional $100 million in funding, bringing its total valuation to $7 billion. The new capital comes just weeks after its previous $500 million round, signaling continued investor confidence in Cohere’s enterprise-first approach to artificial intelligence.

This latest funding round, described as an extension of the company’s August raise, includes participation from new and existing investors. The fresh funds will support Cohere’s ongoing global expansion, development of new AI capabilities, and scaling of its enterprise offerings.

Cohere Reaches $7B Valuation with $100M Raise and AMD Partnership - The  Technology Express

Alongside the funding, Cohere has announced a deeper strategic partnership with AMD. Cohere’s Command family of AI models—spanning text, translation, and vision capabilities—will now be optimized to run on AMD’s Instinct GPUs. AMD, already an investor in Cohere, will also begin using the company’s models internally, effectively becoming a customer as well.

Despite the strengthened AMD alliance, Cohere reaffirmed its commitment to remaining platform-agnostic, continuing to support GPU providers such as Nvidia. This flexibility is a key part of Cohere’s strategy to serve enterprise and government clients who demand more control over data, infrastructure, and deployment.

Since its founding in 2019, Cohere has focused on building customizable, secure AI solutions tailored to regulated industries and large-scale enterprises. The company emphasizes AI sovereignty and data privacy—critical concerns for many of its clients.

With estimated annualized revenue nearing $100 million and a growing roster of global customers, Cohere is positioning itself as a leader in enterprise AI. The enhanced AMD partnership not only strengthens its hardware integration capabilities but also differentiates it from competitors tied to a single infrastructure ecosystem. As demand for secure, flexible AI grows, Cohere appears well-placed to capture a significant share of the market.

Why Founders and Investors Can’t Miss Techarena 2026 in Stockholm — 60% Off Launch Tickets Now Available

Techarena 2026, taking place in Stockholm on February 11–12, is quickly emerging as one of Europe’s most important tech events for founders and investors. With a powerful theme of “New Era, Next Mindset,” this year’s edition promises more than just panels and networking—it offers direct access to the future of innovation, investment, and entrepreneurship.

For startup founders, Techarena presents an unmatched opportunity to connect with hundreds of active investors, pitch in front of global audiences, and learn from leaders shaping the tech landscape. The event features startup competitions, hands-on workshops, and curated matchmaking designed to open doors and accelerate growth.

Techarena 2026 - Scandinavia's Biggest Tech & Business Event

For investors, it’s a rich hunting ground for deal flow. Startups from across Europe and beyond will showcase cutting-edge ideas in AI, cleantech, fintech, medtech, and more. A dedicated Investor Day, VIP networking lounges, and direct access to company data make it easy to identify and engage with high-potential ventures.

Stockholm’s thriving startup ecosystem adds even more value. As a hotspot for unicorns and innovation, the city provides a fitting backdrop for global collaboration and new market entry. International delegations, corporates, and policymakers will also be present, creating a unique mix of perspectives and opportunities.

Right now, tickets are available at 60% off as part of the official launch offer—making this the perfect time to secure your spot. Whether you’re raising, investing, or scaling, Techarena 2026 is the place to be.

Founders, investors, and innovation leaders: don’t miss your chance to be part of one of the most impactful tech gatherings of the year.

Expert Talk: How Crisis Forges Europe’s First Truly Unified Venture Ecosystem

Amid economic headwinds and geopolitical uncertainty, Europe’s fragmented venture capital landscape is undergoing a quiet transformation — one that experts believe could lead to the continent’s first truly unified venture ecosystem.

At a recent panel of leading investors, founders, and policy experts, the consensus was clear: crisis is accelerating collaboration across borders, driving new alignment in regulation, capital flow, and strategic tech priorities.

“In times of uncertainty, old inefficiencies become impossible to ignore,” said one venture capital partner. “We’re finally seeing national silos break down in favor of a more integrated European approach to innovation.”

Key drivers include increased cross-border co-investments, EU-level funding initiatives, and a new generation of startups that are “born European,” targeting multiple markets from day one. Harmonization efforts around taxation, stock options, and digital infrastructure are also gaining traction, lowering the operational friction for scaling across countries.

$13.9B raised for health and AI in Europe in Q1 2025 – but will this  momentum continue? — TFN

The shift is not just market-driven. European policymakers, spurred by concerns over tech sovereignty and global competitiveness, are pushing coordinated investment into critical sectors such as AI, green tech, and cybersecurity.

Yet, challenges remain. Regulatory divergence, cultural fragmentation, and limited access to late-stage capital still hinder full unification. Despite this, momentum is building.

“This is not just a temporary adaptation,” said one panelist. “It’s the start of a structural change. Europe is learning to act like a single market — not just in trade, but in tech innovation and venture growth.”

With the right policy moves and continued investor collaboration, experts believe Europe could emerge from this crisis with a more resilient, scalable, and competitive venture ecosystem — not just across 27 member states, but as one strategic bloc ready to shape the future of global tech.

Startup in Spotlight: Light Scoops $30M to Disrupt Legacy Finance Systems with AI-Native Platform

Copenhagen-based startup Light has raised $30 million in a Series A round to accelerate its mission of replacing outdated finance systems with a fully AI-native platform. The funding round was led by top-tier venture firms and comes after a year of rapid growth, with the company reporting a 30× increase in usage and customer adoption.

Light is reimagining how finance teams operate by building a platform designed from the ground up around artificial intelligence. Unlike traditional enterprise resource planning (ERP) systems, which are often slow, manual, and fragmented, Light’s product automates core finance functions like accounting, payments, expense management, and real-time reporting. The platform claims to process hundreds of millions of records in under a second, offering instant balance sheets and up to 84% time savings on core finance tasks.

Startup in spotlight: Light scoops $30M to disrupt legacy finance systems  with AI-native platform — TFN

What sets Light apart is its appeal to fast-growing, global companies. Many of these businesses struggle with legacy finance systems that can’t scale efficiently across entities, currencies, or compliance environments. Light offers a unified, agile solution that adapts to complex needs without requiring heavy customizations or manual workarounds.

With the new funding, Light plans to triple its engineering team, expand globally with a new office in New York, and accelerate development of new tools to further automate financial operations. The company also aims to support enterprise customers with more advanced analytics and cross-border finance features.

While the challenge of displacing established ERP providers remains significant, Light’s momentum signals strong demand for modern, AI-powered financial infrastructure. If it succeeds, Light could become the default platform for finance teams navigating the complexities of today’s global, high-speed business environment.

Tags: and Expands AMD PartnershipCohere Raises $100Mcyberattackscyberattacks newscyberattacks updatesecosystemReaches $7B ValuationstartupStartup NewsStartup updatestech newstechstory
Share30Tweet19
Sara Jones

Sara Jones

Recommended For You

Nissan Confirms Xterra’s Return in 2028, Scraps U.S. EV Plans

by Sara Jones
October 3, 2025
0
Nissan Confirms Xterra’s Return in 2028, Scraps U.S. EV Plans

In a bold shift that underscores changing market dynamics, Nissan has confirmed the long-anticipated return of the Xterra SUV for the 2028 model year. Alongside this announcement, the...

Read more

2026 Hyundai Ioniq 5 Sees Price Cuts of Up to $9,800 as EV Market Shifts

by Sara Jones
October 2, 2025
0
BYD’s Grand Entrance into Korean Electric Vehicle Market Keeps Hyundai and Tesla on Edge

In a significant move aimed at maintaining competitiveness in the electric vehicle (EV) market, Hyundai has lowered the prices of its 2026 Ioniq 5 by as much as...

Read more

Samsung Galaxy Ring Swells on User’s Finger, Leading to Missed Flight and Emergency Hospital Visit

by Sara Jones
September 30, 2025
0
Samsung Galaxy Ring Swells on User’s Finger, Leading to Missed Flight and Emergency Hospital Visit

A routine trip turned into a harrowing ordeal for a tech enthusiast after his Samsung Galaxy Ring reportedly malfunctioned mid-travel, swelling on his finger and causing severe pain,...

Read more

Toyota and Mazda Join Forces to Co-Develop New Sports Cars

by Sara Jones
September 28, 2025
0
Toyota Ends Production of Japan’s $10,000 Corolla Amid Shifting Market Demands

In a move that has stirred excitement among automotive enthusiasts and industry watchers alike, Toyota Motor Corporation and Mazda Motor Corporation have announced a strategic partnership to co-develop...

Read more

Electronic Arts Reportedly Set for $50 Billion Private Buyout in Industry-Shaking Deal

by Sara Jones
September 28, 2025
0
Electronic Arts Reportedly Set for $50 Billion Private Buyout in Industry-Shaking Deal

Electronic Arts Inc. (EA), one of the most iconic video game publishers in the world, is reportedly on the brink of being taken private in a landmark deal...

Read more
Next Post
Weekly Technology News- Australia

Weekly Technology News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

UK Likely in Recession, Indicates Analysis

UK Likely in Recession, Indicates Analysis

November 6, 2023
Australia Tech Weekly: Innovations, Misinformation, Space and Telecommunications

Weekly Technology News – Australia

April 6, 2025
Cruise CEO Kyle Vogt Resigns Amidst Transformative Times for GM-Owned Robotaxi Unit

Cruise CEO Kyle Vogt Resigns Amidst Transformative Times for GM-Owned Robotaxi Unit

November 20, 2023

Browse by Category

  • AI
  • Archives
  • Business
  • Crypto
  • Finance
  • Investing
  • Markets
  • News
  • Social Media
  • Technology

Techstory.com.au

Tech, Crypto and Financial Market News from Australia and New Zealand

CATEGORIES

  • AI
  • Archives
  • Business
  • Crypto
  • Finance
  • Investing
  • Markets
  • News
  • Social Media
  • Technology

BROWSE BY TAG

amazon apple apple news apple updates Artificial intelligence Artificial Intelligence news Artificial Intelligence updates australia Australia news Australia updates china China news China updates Donald Trump Donald Trump news Donald Trump updates Elon musk elon musk news Elon Musk updates google google news Google updates meta meta news meta updates Microsoft microsoft news microsoft updates OpenAI OpenAI news OpenAI updates Social media tech news technology Technology news technology updates techstory tech story Tesla tesla news tesla updates TIKTOK TikTok news TikTok updates twitter

© 2023 Techstory Media. Editorial and Advertising Contact : hello@techstory.com.au

No Result
View All Result
  • Home
  • News
  • Technology
  • Markets
  • Business
  • AI
  • Investing
  • Social Media
  • Finance
  • Crypto

© 2023 Techstory Media. Editorial and Advertising Contact : hello@techstory.com.au

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?