Haptic glove developer HaptX hiked a NetEase and Verizon-backed series A round to $28m while several corporates contributed to home care network Welmo's $18.1m series C round.

Funding Asset management firm Crescent Cove Advisors has provided a $4m credit facility for HaptX, a US-based developer of haptic glove technology, to bring a corporate-backed series A round to $28m. HaptX had raised $12m from including internet technology provider NetEase, Dawn Patrol Ventures, Mason Avenue Investments, Taylor Frigon Capital Partners, Upheaval Investments, Votiv Capital,…

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