Lille-based GIROPTIC, the startup that has the biggest crowdfunding campaign for a French company to its name ($1.4 million in 45 days on Kickstarter), has secured $4.5 million in a new funding round. The capital injection comes courtesy of Partech Ventures (which led the round), 360 Capital, former Apple executive Pascal Cagni (C4 Ventures), SOSV, […]
Vector Watch, the London-based wearable technology company that has made noise with its range of elegant (and long battery life-sporting) smart watches, has secured $5 million in funding. The British-Romanian startup has raised the fresh capital from a group of unnamed high-net-worth individuals, alongside Catalyst Romania and GECAD Group. The latter investment company, which was […]
This happened last week but seems to have been largely overlooked by non-French media: Parrot, the publicly-listed, Paris, France-based maker of drones and other consumer electronics, has increased its capital by just south of €300 million. Bpifrance, the French government-backed investment group, is injecting €33 million (PDF) into the company in exchange for a 5% […]
Paris-based consumer electronics maker Netatmo, which sells connected thermostats, weather stations and home security cameras, has secured €30 million in funding. The bulk of the cash comes from Legrand, a French industrial group that is a global leader in products and systems for electrical installations and information networks, with previous investors such as Iris Capital […]
Chinese drone maker DJI has acquired a ‘strategic minority stake’ in Hasselblad, the Gothenburg, Sweden-based maker of professional cameras and equipment. The deal is billed as a corporate partnership, with DJI joining Hasselblad’s board of directors as part of the agreement, but the size of the stake in question remains undisclosed. Perry Oosting, Hasselblad’s CEO, […]
Dronomy, a Tel Aviv-based drone tech startup, today announced that it has received $1.5 million in funding in a round led by investment firm Battery Ventures. Also chipping in: lool ventures, Oryzn Capital and big-shot angel investors such as former Skype CEO Josh Silverman, former head of engineering for Skype, Toivo Annus, and former Index […]
Spanish mobile device maker Geeksphone has confirmed that it is ceasing the development of smartphones, with its co-founders splitting up (mostly on to other manufacturing adventures).