The Financial Times acquires a controlling stake in The Next Web

The Financial Times, a major news organisation headquartered in London, has acquired a controlling stake in The Next Web (TNW), Amsterdam-based media and digital company with a range of products and services for the tech community. The financial details of the deal were not disclosed. “TNW continues to operate independently and its management and the […]

Axel Springer backs Magic Leap to bring AR to its content

German publisher Axel Springer, Europe’s largest publisher, has backed Magic Leap, the US augmented reality company that’s raised nearly $2 billion from Google and Alibaba. The investment was made through the publisher’s investment arm, Axel Springer Digital Ventures. No figures were disclosed. Magic Leap’s chief product, Magic Leap One, a headset that delivers 3D images […]

French digital video production platform Wildmoka raises $8 million

Wildmoka, a digital video production company, has raised $8 million in Series A funding led by Alven Capital with participation from previous investor Apicap. The cloud-based platform is used by broadcasters to gather, clip, and share highlights of video content online and across social channels. The Paris-based company’s clients include NBC, CANAL+, FOX, and Orange. […]

Central Eastern European startup site 150sec acquired by Colombian incubator

150sec, an online publication covering tech startups in Central and Eastern Europe has been acquired by Espacio, an incubator based in Colombia. No terms were disclosed. 150sec was founded in 2015 by Adrian Pica and Agata Kukwa. Both are global facilitators at Startup Weekend while Pica is a mentor for Startupbootcamp and product manager at […]

Scottish ad analytics firm TVSquared raises $6.5 million

Scottish adtech company TVSquared has raised an additional $6.5 million, following a $3 million round in August. The investment came from West Coast Capital, with matched funding from the Scottish Investment Bank (SIB), Scottish Enterprise’s investment arm, in addition to existing investors.