Media

The AI-based contextual insight service has closed a $33.6m round that included Stanford University, taking its total funding to almost $56m.

IP Group has backed AR technology developer WaveOptics, building on the position taken by Touchstone Innovations, which it now owns, in 2015 and 2017.

Previously backed by Stanford-StartX Fund, Firefly installs digital advertising screens on taxis to provide drivers with greater income and collect urban data for municipal authorities.

PalaeoPi, which began operations almost a year ago, is developing a photogrammetry-powered 3D scanner called MKIII TablePi for purposes including archaeology.

IP Group and its Venture Fund II have pumped more cash into Bristol's haptics technology developer Ultrahaptics to take the spinout’s total to $84.3m.

SetSquared member Duel has added UBEF II to investors including London Co-Investment Fund as it looks to drive adoption of its advocacy marketing platform.

Oxford spinout Covatic has now raised $2.1m in funding for a software platform that enables media broadcasters to tailor mobile content and marketing to the habits of specific users.

News streaming app developer Haystack TV raised $2m from investors including Stanford-StartX Fund and appliances manufacturer Vestel to prepare for an expansion into Europe.