Funding
American wine app Drync lands $2.1M in funding
Boston, Massachusetts-based wine discovery mobile app Drync landed $2.1 million in a funding round from institutional and angel investors to build its wine shopping platform.
California-based semiconductor developer Ineda scores $17M in Series B round
Santa Clara, US-based low-power SoCs (system on a chip) developer Ineda Systems scored $17 million in a Series B funding round led by Walden-Riverwood Ventures to develop products that can be used in wearable devices and Internet of Things (IoT).
Canadian social reading community Wattpad pockets $48M in Series C funding
Ontario, Canada-based social reading community Wattpad pocketed $48 million in its Series C funding from its existing investors to expand its workforce and develop its product.
Irish home beer-brewing appliance Brewbot bags £82K from Invest NI
Belfast, Ireland-based home-brewing firm Cargo bagged £82,000 in funding from Invest North Ireland (NI) for the development and marketing of its smartphone-controlled beer-making robot Brewbot.