French consumer electronics startup Netatmo raises €30 million to bolster its smart home products

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 […]

Wunderbar: Berlin startup relayr raises $11 million from Kleiner Perkins and others

Berlin IoT technology startup relayr, the company behind the nifty product prototyping and development tool Wunderbar, has raised $11 million in funding in a round led by renowned Silicon Valley investor Kleiner Perkins Caufield Byers, German business magazine WiWo reported this afternoon. Update: this has now been confirmed / announced by the company. Other investors […]

Dutch airline KLM, and airport Schiphol invest in network technology startup Undagrid

Dutch ‘Internet of Things’ startup Undagrid has raised an undisclosed amount of seed funding from KLM (Royal Dutch Airlines), Amsterdam airport Schiphol, Rabobank and the Delft University of Technology - who together manage an investment fund dubbed Mainport Innovation Fund (MIF). Undagrid basically offers a platform to connect devices with each other and the Internet. […]