Startup studio and seed investor Betaworks, backed by Intel, is reported to be raising $20m fresh finance.

Betaworks, a US-based technology startup studio, company builder and seed stage investor, is reported in Techcrunch to be raising $20m series C financing, comprising $10m in equity capital funding and $10m in debt funding.

So far, a reported $4.25m has been raised out of the planned equity capital raise, with the participation of new, angel investors.

Previously, Betaworks has raised approximately $28m from investors including Intel Capital, the corporate venturing and strategic investment unit of semiconductor chip maker Intel, and…