AAA December 2017 – Page 11

InMotion Ventures confirms 2017 investments

InMotion Ventures, the venture capital arm of car manufacturer Jaguar Land Rover, has invested in 11 mobility and transport-related businesses during 2017, it has revealed. The unit generally works with sectors such as mobility services, data analytics, travel and lifestyle, financial and insurance technology. Recipients of funding from InMotion in 2017 included US-based ride-hailing platform… Continue reading InMotion Ventures confirms 2017 investments

Idagio tunes up $9.4m series A

Germany-based classical music e-commerce portal Idagio has closed a series A round at €8m ($9.4m) with backing from Tengelmann Ventures, a corporate venturing subsidiary of retail group Tengelmann. The round also included the German city of Mülheim an der Ruhr as well as venture capital firm B-to-V Partners and undisclosed angel investors. Founded in 2015,… Continue reading Idagio tunes up $9.4m series A

Apple magics up $400m Shazam acquisition

Electronics producer Apple confirmed today it has acquired Shazam, a UK-based music identification app developer backed by a range of corporate investors. Although neither company disclosed how much Apple paid, an undisclosed source told TechCrunch on Friday the price would be about $400m, and it was confirmed to Recode by three people familiar with the… Continue reading Apple magics up $400m Shazam acquisition

Modsy enters funding mode to raise $23m

US-based 3D imaging home design service provider Modsy has raised $23m in a series B round led by Advance Venture Partners (AVP), the venture and growth capital affiliate of media company Advance Publications. The round included GV and BBG Ventures, respective vehicles for internet technology provider Alphabet and online media group Oath, as well as Comcast… Continue reading Modsy enters funding mode to raise $23m