Sesame Ventures helped lazy eye treatment developer Luminopia raise $12m while UPS, Qualcomm and Mercado Libre exited courier marketplace Mandaê in a purchase by Nuvemshop.

Funding

Luminopia, the US-based creator of a virtual reality treatment for lazy eye, has secured about $12m in funding from investors including Sesame Ventures, the corporate venture capital arm of children’s television producer Sesame Workshop, TechCrunch reported on Friday. It was joined by angel investors including Robert Langer and Jeffrey Dunn, the latter formerly the president and chief executive of Sesame Workshop.

Japan-based audio speaker producer Soundfun received ¥610m ($5.5m) in funding on Friday from broadcaster Nippon TV, science park…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.