Touchcast Raises $55M

Touchcast Raises $55M in Series A Funding

Virtual experience business Touchcast, Inc., situated in New York City, secured $55 million in series A funding. Accenture Ventures, Alexander Capital Ventures, Saatchi Invest, Ronald Lauder, and other investors supported the project. The money will be used by the business to expand its platform. Touchcast, led by founder and CEO Edo Segal, offers a platform…

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Draper Esprit Raises

Draper Esprit To Receive £50M Financing

Venture capital firm Draper Esprit plc received a £50 million senior secured term loan from Silicon Valley Bank, which is listed on AIM. The financing consists of a three-year £25 million revolving credit facility from Silicon Valley Bank, which also functioned as the facility agent and mandated lead arranger. The funding will boost the company’s…

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