Ransomware attack on SoftBank-owned cloud operator affects almost 500 organizations
A ransomware attack on a SoftBank-owned cloud service operator affected almost 500 companies and local governments in Japan, including a rail operator and a police headquarters, The New York Times reported. The disruption was part...
Scimplify raises $25 million for specialty materials expansion
Indian startup Scimplify has raised $25 million in an all-equity strategic round led by Hitachi Ventures to expand specialty chemical and critical materials production. Customers Henkel and Teknor Apex joined as new investors, alo...
Qilimanjaro closes €19.6 million first tranche of Series A
Qilimanjaro Quantum Tech announced a €19.6 million first close of its Series A to expand quantum computer manufacturing and deployment. Indra Group invested €10 million through its IndraMind initiative, while Spain's public techno...
SAP says it has launched €100 million partner fund for AI adoption
SAP says it has launched a €100 million partner fund to accelerate customer adoption of AI assistants and agents. The fund supports its strategy of using partners to help customers integrate SAP with other business systems, develo...
Ambio raises €5.1 million to expand recycled plastics procurement platform
Helsinki startup Ambio has raised a €5.1 million seed round led by b2venture, with participation from Montis and existing investor Lifeline Ventures, EU-Startups reports. The company plans to use the funding to expand internationa...
Hartford completes Equitable employee benefits acquisition
The Hartford has completed its acquisition of Equitable Holdings' employee benefits business, adding approximately $500 million in premium and roughly 300 employees. The acquired portfolio serves small and midsize employers and in...