Appliance management app developer Fresco's $20m round was co-led by Vorwerk and Instant Brands while NBCUniversal and Hearst helped media measurement software provider TVScientific raise $20m.

Funding

Consumer product distributor Vorwerk and kitchen appliance manufacturer Instant Brands co-led a $20m financing round yesterday for Fresco, the Ireland-based creator of a mobile app which connects smart appliances. The round was co-led by a third appliance brand which will shortly be revealed alongside a strategic partnership with Fresco.

TVScientific, the US-based developer of an advertising measuring software platform for connected television content, secured $20m yesterday in a series A round featuring TV broadcaster NBCUniversal and Hearst Ventures, a…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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