AAA November 2016 – Page 6

Airbus fuels lift off for UK space fund

UK-based investment firm Seraphim Capital has launched the world’s first space technology-focused venture fund with a £50m ($62m) round featuring aerospace company Airbus, the Financial Times has reported. Airbus set up a corporate venturing unit, Airbus Group Ventures, in June 2015 with $150m of capital. The fund targets companies operating in areas related to Airbus’s fields… Continue reading Airbus fuels lift off for UK space fund

O’Reilly seeks out Particle in $10.4m round

Particle, the US-based creator of an internet-of-things (IoT) development platform, has raised $10.4m from investors including O’Reilly AlphaTech Ventures (OATV), the corporate venturing arm of publisher O’Reilly Media. The round was led by Root Ventures and included another venture capital firm, Rincon Venture Partners. Earlier this year Particle announced Particle Cloud, an enterprise platform that is… Continue reading O’Reilly seeks out Particle in $10.4m round