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 […]

British wearable tech startup Vector Watch raises $5 million more for its stylish smart watches

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 […]

Banking on drones: France’s Parrot increases capital by €300m; Bpifrance takes 5% stake for €33m

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% […]

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 […]