Orange Digital Ventures, the early stage investment fund of French telco giant Orange, is launching a new €50 million Africa-focused investment program for startups. The investment division, which will be led by a team in Dakar to be set up in September, is dedicated to verticals like fintech, IoT, energy, and e-health. It will invest […]
French connected cosmetics startup, Feeligreen, has raised €3.5 million from undisclosed investors. The company had previously raised €1 million in 2014 from Innovacom and SEB Alliance.
The French workspace management startup Connected Space Management (CSM) has raised €2 million from Bpifrance and private investors.
French Actility, which provides Low Power Wide Area Networks (LPWAN) for the internet of Things (IoT), has completed a $75 million Series D funding round. Creadev, Bosch and Inmarsat are among the new investors in the round, with existing investors also participating including Idinvest, Bpifrance, Ginko Ventures, KPN, Orange Digital Ventures, Swisscom and Foxconn.
Munich-based KONUX, an industrial IoT startup, has raised a further $9 million led by New Enterprise Associates (NEA), bringing its Series A round to $16 million. Several other investors participated in the round including MIG, Upbeat Ventures, Andy Bechtolsheim, Michael Baum, UnternehmerTUM, Warren Weiss, and Lothar Stein. KONUX develops industrial IoT solutions using smart sensors […]
Ukraine-based family locator app GeoZilla has raised $1 million, according to Firrma. The investment comes from business angels including Dmitri Lipnitsky, founder of Gismart, and other investors whose names were not disclosed. Additionally, Nikolay Davydov of Gagarin Capital has been granted a share of the company and will be joining the company’s advisory board.
Cumulocity, a German IoT platform, has been acquired by Software AG. The terms of the deal have not been disclosed. The acquisition will boost Software AG’s position in the Internet of Things space, the firm said in a statement. Cumulocity develops a cloud-based IoT platform for managing devices and the data they collect. The two […]