PointGrab Raises £3.4M in Funding
– PointGrab from London UK is a PropTech company that provides smart sensing solutions to the building automation and facilities management industry.
– The company raised £3.4M in funding.
– The round was led by EMV Capital.
– The new investment will be used to accelerate the rollout of its platform.
Deako Lighting Raises Additional $12.5M in Growth Funding
– Deako Lighting, a Seattle, WA-based provider of plug-n-play light switches, completed its Series-B financing round, raising an additional $12.5M.
– The company will use the new capital to add distribution partners, increase production capacity; and expand its array of plug-n-play light switch products.
– Led by founder and CEO Derek Richardson and COO Wes Nicol, Deako provides plug-n-play light switches that can be changed within seconds by anyone, without hiring an electrician.
Smart home startup Deako raises $12.5M, says its light switches are becoming ‘industry standard’
– Seattle startup Deako Lighting raised $12.5m in Series B funding.
– The round was led by Columbia Pacific Advisors and joined by Promus Ventures, Alumni Ventures Group, Partech, Innolinks Ventures, and angels.
– The company plans to double its 25-person headcount this year.
Crocus Labs Raises Euro 300K in Funding
– Crocus Labs from Berlin develops a technology to recreate sunlight with LEDs.
– The company raised €300k in funding.
– Backers included High-Tech Gründerfonds (HTGF).
