IT Brief US - Technology news for CIOs & IT decision-makers

Capital raising stories

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CapitaLand Ascendas REIT lifts income as portfolio grows

Last week
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capital raising
CapitaLand Ascendas REIT posts higher income and an 8.6% rise in portfolio value to SGD $18.2 billion, despite lower payout per unit.
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Scalare cash flow turns positive as founder platform grows

Last week
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capital raising
Scalare turns operating cash flow positive as cash receipts surge 231% to AUD $4.58 million after acquisitions and founder platform rollout.
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UK tech leaders embrace risk, private equity & global growth

Last week
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capital raising
UK tech, IT and telecoms leaders grow bolder on risk, eye private equity backing and global expansion despite rising cost pressures.
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UK online shipments climb as pet care leads growth

Last week
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capital raising
UK online parcels jumped 17% in late 2025 as pet care and beauty surged, even as fashion and homewares shipments slid, Scurri data shows.
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Toyota & Cuvva launch app-based short-term car cover

Last week
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capital raising
Toyota teams with digital insurer Cuvva to launch app-based, short-term comprehensive car cover for Toyota and Lexus drivers across the UK.
Recare

Recare raises EUR €37m to expand hospital AI agent

Last month
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capital raising
Berlin-based Recare secures EUR €37m to scale its hospital AI agent, boosting discharge workflows in Germany and driving global expansion.
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Houlihan Lokey hires Mark Ward to boost IT services

Last month
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capital raising
Houlihan Lokey hires Mark Ward as Managing Director to expand European IT services coverage from its Manchester and London offices.
Bengaluru fintech hq dusk rupee coins global payments growth

Juspay secures USD $50m, hits USD $1.2bn valuation

Last month
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capital raising
Juspay raises USD $50m in follow-on funding led by WestBridge Capital, lifting the payments firm to a USD $1.2bn valuation.
Roryoconnor scurri logo

Scurri hits 180m shipments & EUR €19.2bn eCommerce GMV

Last month
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capital raising
Scurri processes 180m shipments in 2025 as eCommerce GMV hits EUR €19.2bn and its platform annualises at over 200m parcels into 2026.
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Preply raises USD $150m to scale AI-backed language app

Last month
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capital raising
Preply secures USD $150m Series D from WestCap at a USD $1.2b valuation to scale its human-led, AI-backed language learning platform.
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Prism Power plans USD $40m push into booming US data

Last month
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capital raising
Prism Power plans a USD $40m US acquisition and UK expansion to tackle critical power kit shortages amid a fast-growing data centre boom.
Uk high street shop owner meets business lender approved loan handshake

Bizcap lifts UK low-doc SME loan cap to GBP £300,000

Last month
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capital raising
Bizcap has lifted its UK low-doc SME loan cap to GBP £300,000, promising faster decisions and fewer paperwork hurdles for borrowers.
Osapiens founders matthias jungblut stefan wawrzinek alberto zamora  left to right  cropped

osapiens raises USD $100m to reach unicorn status

Last month
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capital raising
German sustainability software firm osapiens raises USD $100m Series C led by Decarbonization Partners, propelling it to unicorn status.
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GrowthPal raises USD $2.6m for AI M&A deal sourcing

Last month
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capital raising
GrowthPal raises USD $2.6m to scale its AI platform for off‑market M&A deal sourcing and global expansion from its Singapore base.
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adjoe & LINE partner on Playtime gaming rewards in Taiwan

Last month
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capital raising
adjoe partners with LINE in Taiwan to power Playtime gaming rewards, driving millions of LINE POINTS and tens of thousands of downloads.
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Digital Xtra grants boost young Scots’ digital skills

Last month
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capital raising
Digital Xtra awards nearly GBP £120,000 to 27 Scottish projects, helping over 2,000 young people build vital computing and digital skills.
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UK unveils GBP £210m cyber plan to bolster public services

Last month
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capital raising
UK launches GBP £210m Cyber Action Plan and central unit to shore up digital public services amid rising attacks and legacy risks.
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Airwallex raises USD $330m, sets dual HQ in San Francisco

Last month
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capital raising
Airwallex secures USD $330m at a USD $8b valuation and names San Francisco a dual global HQ as it ramps US expansion and AI investment.
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Airwallex names James Teodorini new ANZ head & record volume

Last month
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capital raising
Airwallex has named James Teodorini Head of ANZ to spearhead growth in Australia and New Zealand after hitting USD $235 billion in volume.
Alan chang   fuse energy ceo and co founder

Fuse Energy hits $5bn valuation, plans international expansion

Mon, 29th Dec 2025
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capital raising
London start-up Fuse Energy hits $5bn valuation after $70m raise to scale its vertically integrated clean power model abroad.