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, 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 […]
It’s a little odd to be publishing European tech funding news on a Friday around midnight, but here goes: after Swedish wearable camera maker Narrative recently ran into financial trouble, forcing it into a process to ‘reorganise’ the company, the company has secured capital needed to continue its operations. The company says its reorganisation was […]
The 2016 edition of Mobile World Congress and 4YFN is over. In this article we look at some of the most interesting talks and panels that took place in sunny Barcelona throughout the week.
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% […]