Access Technology Ventures has invested $100m to lead a $300m round for smartphone maker Essential Products that included Tencent and Amazon Alexa Fund.
Access Technology Ventures, the corporate venturing vehicle for industrial conglomerate Access Industries, has invested $100m in US-based smartphone producer Essential Products a part of a $300m funding round.
E-commerce and cloud computing firm Amazon also participated in the round, through its Alexa Fund, as did internet group Tencent, venture capital firm Redpoint Ventures and investment firms Altimeter Capital and Vy Capital.
The round was originally revealed through a Bloomberg report in June this year that identified the amount but…
