Latest news with #SquarePeg
RTÉ News
22-07-2025
- Business
- RTÉ News
Irish 17-year-old's startup raises €1.2m
An AI startup co-founded by Irish 17-year-old Liam Fuller has secured €1.2 million ($1.4m) in pre-seed funding. Mr Fuller's company, Source, is a platform that automates stock purchasing for retailers using agentic AI. The funding round was led by Australian VC Square Peg, alongside former Stripe CTO David Singleton and the Xtripe angel syndicate. Mr Fuller is the CEO and co-founder of Source and is Square Peg's youngest portfolio founder to date. He has now left school to build Source full-time. "I was shocked to find that most businesses, especially retailers, still rely on email and Excel to buy hundreds of thousands of dollars' worth of stock every week," Mr Fuller said. "Source provides a simple interface allowing retail buyers to understand what they should buy and when by integrating into Excel, email and ERPs (Enterprise Resource Planning)." "Source scans inventory and past sales data to generate forecasts and suggest purchase orders with AI that humans can edit and approve with a single click," he added. While visiting family in Australia last April, Mr Fuller secured a meeting with Square Peg co-founder Paul Bassat, and closed the funding round within weeks. "I've been impressed by many young entrepreneurs, but Liam combines technical sophistication with commercial instincts that are rare at any age," Mr Bassat said. "When someone demonstrates this level of execution and strategic thinking at seventeen, the growth trajectory becomes incredibly compelling," he added. The capital will be used to double engineering headcount, launch US pilot programmes this autumn and finance a Silicon Valley relocation later this year.
AU Financial Review
17-07-2025
- Business
- AU Financial Review
Jobless rate rises; Square Peg's hot AI stake; Trump slams MAGA
Want to get this in your inbox at lunchtime every weekday? Financial Review subscribers can sign up for The Brief newsletter here. Plus start your day with our Before the Bell newsletter and read a full wrap of the day's news in Market Wrap. In today's news, Australia's jobless rate rises to 4.3 per cent, Square Peg emerges with a stake in a hot AI start-up, and Donald Trump calls MAGA 'stupid people' as fury over Jeffrey Epstein grows.
AU Financial Review
07-07-2025
- Business
- AU Financial Review
Paul Bassat says Israelis are shocked by what's happening in Australia
Paul Bassat is at the office of his venture capital firm Square Peg in Tel Aviv, and says the issue everyone wants to talk to him about in Israel is rising antisemitism in Australia. 'Their sense of concern is palpable,' Bassat told The Australian Financial Review on Monday. 'The change that has occurred in Australia since the horrific attacks on October 7 is as shocking to Israelis as it is to Australian Jews.'
Business Times
01-07-2025
- Business
- Business Times
Vietnam-based AI company AI Hay raises US$10 million in Series-A funding
[SINGAPORE] Vietnam-based artificial intelligence (AI) company AI Hay has raised US$10 million in a Series-A funding round led by Argor Capital. Existing investors Square Peg, Northstar Ventures, AppWorks and Phoenix Holdings also took part in the round. AI Hay is a generative AI platform that answers users' questions with contextual answers drawn not just from large language models, but also curated local content and a community of peers and experts. AI Hay also provides personalised discovery feeds, themed communities and interactive social features. The app has been downloaded 15 million times since March 2024 and answers more than 100 million questions each month. Siddharth Pisharody, partner at Argor Capital, said: 'The company's ability to combine technical excellence with cultural relevance has unlocked standout user growth and engagement.' The funding will be used to support AI Hay's expansion beyond app-based experiences and product innovation in education and entertainment. AI companions will also be developed using this funding. Piruze Sabuncu, Partner at Square Peg, said: 'We're excited to see a home-grown champion emerging from this region and setting a powerful example for other founders – that building world-class innovation right here is not just possible, it's already happening.'
Yahoo
04-06-2025
- Business
- Yahoo
Square Peg Pizzeria Expands to South Florida with Grand Opening in Delray Beach - A beloved New England pizza brand brings its signature flavor, community-first spirit, and growth momentum to the Sunshine State
A beloved New England pizza brand brings its signature flavor, community-first spirit, and growth momentum to the Sunshine State. DELRAY BEACH, Fla., June 4, 2025 /PRNewswire/ -- Square Peg Pizzeria ( the largest and fastest-growing pizza brand in central Connecticut, is proud to announce the opening of its newest location in Delray Beach, Florida. This milestone marks a major step in Square Peg's mission to bring its innovative, community-driven dining experience to new markets across the country. Founded in 2019 in Glastonbury, Connecticut, Square Peg Pizzeria began with a bold yet simple vision: to bring families and food lovers together over high-quality, handcrafted pizza in a space that feels like home. Since then, the brand has grown into a regional favorite, with 8 thriving locations—and now, its first restaurant in South Florida. Located at 4957 West Atlantic Avenue, Delray Beach, Florida, the new Square Peg Pizzeria offers a vibrant, family-friendly atmosphere with both indoor and outdoor seating, a curated selection of craft pizzas and pastas, and beloved signature experiences like Limited Time Only chef-driven menus, live local entertainment, and the ever-popular Bottomless Sunday Brunch. Guests can also join the brand's exclusive "Frequent Pie-er" loyalty program, designed to reward regulars with perks and surprises. "Our guests are at the heart of everything we do," said Mr. Jay Maffe, CEO and founder of Square Peg Pizzeria. "We are thrilled to bring our unique blend of food, fun, and hospitality to Delray Beach and look forward to becoming part of this vibrant community." Square Peg is more than a restaurant — it is a neighbor. The company is deeply committed to giving back, sponsoring charitable events, hosting school nights and sports team dinners, raising funds for local fire and police departments, and supporting other small businesses and nonprofits. As a proud member of the Delray Beach Chamber of Commerce, Square Peg is already building the kinds of partnerships that will deepen its impact locally. This new opening also kicks off the beginning of a broader national expansion. Square Peg Pizzeria is actively planning additional openings in key markets, starting in South Florida, with a focused growth strategy to become a national brand. "As we grow, we remain grounded in the values that got us here—community, quality, and creating spaces where people love to gather," said Mr. Maffe. "Delray Beach is just the beginning of the next phase for Square Peg." Business / Media InquiriesEmail: hello@ Website: View original content to download multimedia: SOURCE Square Peg Ventures Sign in to access your portfolio
