Camera hardware startup LUUV raises seed round from angel investors

German hardware startup, LUUV, which makes mobile camera stabilisers, has announced that it has raised a seed round of funding from German business angels. The startup declined to name specific figures or who the investors are. According to LUUV, the three angel investors have invested in the company independently of each other with the new […]

Qualcomm buys The Netherlands’ NXP Semiconductor for $47 billion in cash

Qualcomm has agreed to acquire NXP Semiconductors, a Dutch global semiconductor manufacturer headquartered in Eindhoven, in an all-cash deal worth more than $47 billion. The former chipmaker aims to be less dependent on the pressured smartphone market and find ways to sell its modems and processors for other applications, such as cars and IoT devices, […]

Berlin hardware startup and Y Combinator alum Senic raises seed funding from Target Partners

Berlin, Germany-based Senic has raised seed funding from Target Partners after graduating from Silicon Valley-based accelerator Y Combinator. The company builds hardware and software that seeks to enable humans to more easily interact with their smart homes. The startup’s first product, Nuimo, is a smart home controller that enables interaction with in-home technology such as […]