IN BRIEF: Tern investee FundamentalVR raises cash in funding round
Tern Plc - investor focused on the internet of things - Says FVRVS Ltd - also known as FundamentalVR - raises GBP7 million in new equity investments through a series B fundraising round. The money has been raised from existing investors, with a further GBP1.2 million of convertible loan notes being converted. Tern has converted GBP570,000 in loan notes. It says it will not invest more money in the FundamentalVR series B. Read More