US-based digital video advertising technology startup Fem has raised $3m in seed funding from entertainment and media conglomerate The Walt Disney Company, which invested through its Disney Accelerator, as well as Javelin Venture Partners and Mesa Ventures, the Wall Street Journal reported on Monday. Fem secured the capital at the same time as it launched Prizma, an online platform that enables companies to build personalised video playlists.
Publishing company Metroland Media Group invested $1.5m in Canada-based online wealth management platform Nest Wealth on Tuesday as part of a strategic partnership agreement. In addition to the funding, Nest Wealth hopes to use Metroland’s network of magazines, newspapers and websites to publicise its services.
India-based water purification technology provider Swajal has raised $1.2m in a series A round led by Abhishek Gupta that also included solar engineering and consultancy services provider Saurya EnerTech. Swajal plans to use the funding to scale its domestic operations and enter other emerging markets before the end of 2015.
Ireland-based wireless technology developer Benetel has secured €750,000 ($820,000) in funding from AIB Seed Capital Fund, the early-stage fund formed by financial services firm AIB and state-backed organisation Enterprise Ireland. Benetel will use the cash to grow its team from 20 to 35 as it looks to expand into the UK, the US, South America, Asia and Eastern Europe.
High-Tech Gruenderfonds, the German state-run venture capital fund backed by a host of domestic corporates, invested an undisclosed amount in Germany-based security system technology startup Coredinate together with BayernKapital and a consortium of angel investors on Tuesday. Coredinate will use the seed capital to further develop its business security platform and to expand its sales activities.
Italy-based online anti-fraud startup Kopjra has received €150,000 ($160,000) from TIM Ventures, the seed investment arm of telecommunications company Telecom Italia, as well as Club Italia Investimenti 2 and Custodi di Successo. Custodi di Successo previously invested an undisclosed sum in the company in March 2015 in return for a 10% stake.