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 […]

Drone giant DJI acquires minority stake in Sweden’s Hasselblad to gain pro camera technology

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, […]