Posts Tagged ‘investment’

UK to put up £1BN for full fiber broadband and 5G, £400M extra for VC

The UK government has confirmed it will be borrowing to try to encourage investment in high speed fiber broadband networks and 5G technology with a plan to spend over 1BN by 2020-2021 to bolster the countrys digital infrastructure. Giving his Autumn Statement today, Chancellor Philip Hammond said:Our future transport, business and lifestyle needs will require world class digital infrastructure to underpin them.
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Sesame Street’s VC fund makes its first investment in tutoring app Yup

Aventure fund formed by Sesame Workshop and New York-based Collaborative Fund early this yearhas made its first investment in a tutoring platform called Yup. Specifically, Yup (formerly known as MathCrunch) has raised $4 million in a seed extension round led by Collab+Sesame, in which Sesame Ventures is a limited partner, bringing the companys total capital raised to date to $7.5 million.
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