Lumus, which produces lens technology for use in augmented reality, is already backed by HTC, Quanta Computer, Crystal-Optech and Motorola Solutions.
Author: Sam Shaw
Iron Pillar to support Fosun in VC partnership
Chinese conglomerate Fosun is set to make a splash in India through an investment partnership with local venture capital fund Iron Pillar.
Mishcon de Reya to experiment with MDR Lab
The law firm has formed an accelerator called MDR Lab in partnership with early-stage investment firm L Marks for startups in the legal space.
Singapore Press Holdings halts accelerator
The media company has closed SPH Plug and Play, its accelerator joint venture, and will instead focus on direct investments through its SPH Media Fund.
HTC Vive goes for impact with $10m
The virtual reality headset provider will provide the cash to content developers through a scheme called VR for Impact.
Dwolla raises new dollars
The CME Group-backed payment transfer platform has raised $6.85m and will use the funding to increase headcount at its Iowa headquarters.
NetApp invests to reach Escape Velocity
Data storage technology provider NetApp has launched an accelerator called Escape Velocity that could reportedly be equipped with up to $150m in capital.
Alchemist converts corporate interest to gold
Johnson Controls, Ericsson and Analog Devices are among the limited partners for Alchemist Accelerator’s second fund, for which it has raised $2.5m.
SCB syncs with Nyca Partners fund
Siam Commercial Bank’s Digital Ventures subsidiary is set to commit an undisclosed sum to Nyca Partners’ Nyca Fund II, which will invest in early-stage fintech.
Iyzico eases its way to $13m
The Beenos-backed online payment services provider expanded from Turkey into Iran in 2016 and will use the series C funding to move into new markets.
Qadium senses $20m series A
US-based internet indexing company Qadium has closed a $20m series A round building on seed funding by Defense Advanced Research Projects Agency (Darpa), the Pentagon’s innovation and research arm. Venture capital firm New Enterprise Associates led the round, with angel investor Peter Thiel, through Founders Fund, and other existing, unnamed investors also taking part. Qadium’s… Continue reading Qadium senses $20m series A
Comfy relaxes with $12m series B
Microsoft Ventures adds a third company to its portfolio following the launch of its corporate venturing activities.
Amplitude turns up funding by $15m
US-based data analytics provider Amplitude, backed by internet company Tencent, closed a $15m series B round yesterday led by VC firm Battery Ventures, TechCrunch has reported. Benchmark, Data Collective, Merus Capital and Quest Venture Partners also took part in the round. Benchmark previously led a $9m series A round in August 2015 with participation from… Continue reading Amplitude turns up funding by $15m
Investors assist RetraceHealth in $6.5m round
The concierge care provider previously raised money from healthcare corporates to extend its reach in Minnesota and other regions.