Posts Tagged ‘venture’

Verizon Ventures and R/GA partner to launch a digital media ‘venture studio’

Verizon Ventures and R/GA are announcing a new program called the Verizon Media Tech Venture Studio. Stephen Plumlee, R/GAs global COO and managing partner of R/GA Ventures, explainedthat the interactiveagencysventure studios started out similar to other startup accelerator programs, but theyve expanded to provide access to financial capital, creative capital and client relationship capital.
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Indoor farming startup Bowery raises $7.5 million from investors including ‘Top Chef’ Tom Colicchio

As pollution, extreme weather, and over-population threaten the viability of large, outdoor farms, a startup called Bowery Farming Inc. has raised $7.5 million in total venture funding to grow food indoors, even in the middle of a city. The startups high-tech approach uses robotics, LED lighting, computer vision, sensors and data analytics to grow leafy greens with no pesticides and very little water indoors.
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Singtel’s digital ad division Amobee acquires Turn for $310M

Amobee just announced that it has agreed to acquire adtech companyTurnfor $310 million. Amobee used to bea mobile ad startup itself, beforea 2012 acquisitionby Singtel, where it remains a subsidiary.Since then, Singtel and Amobee have continued to make more acquisitions on the digital ad side, including Gradient X, Adconion and Kontera.
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