The smartwatch developer will distribute the cash among promising projects that incorporate technology into watch straps.
Author: Candy Chan
Shuddle takes off with $9.6m
Comcast returned for the family-focused ride sharing company’s series A round, bringing its total funding to $12.2m as it prepares to expand from San Francisco.
Retty books $8.2m series C
Gree took part in the round, which boosted the online restaurant and business review service’s funding to almost $13m.
SoftBank commits another $5m to InMobi
The mobile advertising network has received another $5m from SoftBank, which invested $200m in the company in 2011.
Careem picks up $10m
Al Tayyar and Saudi Telecom were the investors in a series B round that will be used by the chauffeur service to support an expansion into new markets.
BGF judges McMillan Williams worthy of $7.6m
Bank-backed Business Growth Fund has invested $7.6m in the law firm, which plans to now expand using the funding.
Microsoft Ventures launches two Indian startup programmes
Microsoft’s corporate venturing arm has selected 11 startups that will advance through either the Accelerator Plus or the Scale Up initiative.
Johnson & Johnson reveals Jlabs lineup
The company has announced the first 10 companies that will be resident at its South San Francisco Jlabs campus.
Alation delights in $9m series A
Bloomberg was among the investors, as the data management company raised a series A round that will support hiring, product development, sales and marketing.
Jampp reaches series A
The advertising commerce platform has secured $7m from backers including research and technology transfer company Innova.
Comcast extends Catalyst Fund to San Francisco
The cable provider has hired Laurence ‘Lo’ Toney to run west coast activities for the fund, which invests in minority-led startups.
Citymaps finds Nokia for $6m series A
Nokia boosted the personalised mapping app developer’s funding to $11m since it was founded in 2010.
Insight Robotics fires its way to SmartCamp victory
The forest fire detection company overcame competition from hundreds of 2014 participants at IBM’s SmartCamp to win Entrepreneur of the Year.
Kaspersky Lab to experiment with accelerator
The cybersecurity company will provide $80,000 in prize money to the top three startups, with a total of 40 places being made available.