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 […]

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, […]