UK-based idea crowdsourcing company Wazoku raises £2.3 million

Wazoku, a UK crowdsourcing company and provider of collaborative idea management software, has raised a total of £2.3 million. This includes new venture debt finance from Barclays totalling £680,000, along with equity financing from existing investors, including Cambridge Angels and Fig. This investment brings the total raised by Wazoku since it was founded to £3.6 million.

Israel’s Mobileye acquired by Intel for $15.3 billion

Israel’s Mobileye is being acquired by Intel for up to $15.3 billion at $63.54 per share in cash, making it the largest acquisition deal for an Israeli tech company. The acquisition of Mobileye, which makes vision-based collision detection and avoidance systems for cars, will be a key feature in Intel’s self-driving car strategy. The chipmaker […]

Printing platform Helloprint raises “multi-million” round from Bregal and Project A

Online print platform Helloprint has received a “multi-million” euro minority investment from Bregal Unternehmerkapital, the investment firm of the family business that owns Dutch retail chain C&A, and VC firm Project A. The company declined to disclose any figures. The new funding will support the Helloprint’s ongoing growth, said the Rotterdam-based startup. According to Hans […]

Valeo acquires 3D image processing startup Gestigon

German 3D image processing startup Gestigon has been acquired by French connected car component maker Valeo. No terms were disclosed. Gestigon develops body and gesture recognition technology for the inside of vehicles. Valeo’s acquisition of the startup will aid its design and production of connected automotive components, such as its Driver Monitoring system, which detects […]