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ORECon Limited a wave energy device developer recently announced the completion of its first institutional funding round led by Advent Venture Partners. A powerful syndicate of international VCs including Advent Ventures, Venrock, Wellington Partners and Northzone Ventures is investing a total of $24m. With the investment ORECon will build and [...] [ Clean Edge ] - Via Orglex

Wave energy, long harnessed by bleached blonde surfer dudes, is now being harnessed by the money men. Wave energy device developer ORECon has secured $24m of funding from an assortment of VC funds, led by Advent Venture Partners. ORECon has patented a wave energy device and it works like this: [...] [ Greenbang ] - Via Orglex

T-Mobile's venture arm has invested an undisclosed amount into the U.K.-based femtocell maker, Ubiquisys. Google, Accel Partners, Atlas Venture and Advent Venture Partners had previously invested in Ubiquisys. Cisco and Intel recently invested in femtocell company ip.access and Qualcomm has put money into Airvana. T-Mobile said it plans to test [...] [ FierceBroadbandWireless ] - Via Orglex

Not many venture capitalists have yet tried to catch the small but growing trend of funding wave-powered startups. Part of that is because the technology is still in the works, as became clear when publicly traded wave company Finavera saw its test buoy sink. But Venrock, Advent Venture Partners, Wellington [...] [ Earth2Tech ] - Via Orglex

Not many venture capitalists have yet tried to catch the small but growing trend of funding wave-powered startups. Part of that is because the technology is still in the works, as became clear when publicly traded wave company Finavera saw its test buoy sink. But Venrock, Advent Venture Partners, Wellington [...] [ GigaOMNET ] - Via Orglex

Vast amounts of power are locked away in the movements of the ocean, but because of technical challenges, the number of startups that have attempted to harness wave power thus far is relatively few when compared to wind or solar. OreCon is the latest, with plans for a sort of [...] [ VentureBeat ] - Via Orglex

Deutsche Telekom's VC arm T-Mobile Venture Fund has made an undisclosed strategic investment in British femtocell technology firm Ubiquisys. The firm creates technology that could potentially improve signal coverage, while at the same time lowering costs for both operators and consumers. Its product is the size of a "paperback book," [...] [ mocoNews.net ] - Via Orglex

It was all action in the venture stream this afternoon at Super Return. A particularly impressive line-up included Simon Cook of DFJ Esprit, Kate Bingham of SV Life Sciences, Helmut Schuhsler of TVM Capital, Patrick Lee of Advent Venture Partners - with Anne Glover of Amadeus moderating. What started out [...] [ Venture Capital Network ] - Via Orglex

It was all action in the venture stream this afternoon at Super Return. A particularly impressive line-up included Simon Cook of DFJ Esprit, Kate Bingham of SV Life Sciences, Helmut Schuhsler of TVM Capital, Patrick Lee of Advent Venture Partners - with Anne Glover of Amadeus moderating. What started out [...] [ PE HUB ] - Via Orglex

Wisair, an Israeli ultra-wideband firm, has raised a large round of funding and says it's gearing up to deliver more wireless USB products to the market, a technology that could cut down on the clutter of wires on the average computer user's desk. USB is the standard connection for most [...] [ VentureBeat ] - Via Orglex

Wisair, a Tel Aviv-based provider of ultra wideband and wireless ultra wideband solutions, has raised $24 million in Series D funding. Susquehanna Growth Equity led the round, and was joined by Advent Venture Partners, Bridge Capital Fund and Yasuda Ventures. Return backers included Apax Partners, Broadcom, Intel Capital, Vertex Management [...] [ PE Hub ] - Via Orglex

This is turning into an amazing event, today was just huge, met Andy Abramson first, then Alec Saunders who has the skinny here on the new Nokia handsets, the N96 is visually stunning. Loren has arrived and is shaking the city up, I cant wait until this guy gets loose [...] [ Roam4free ] - Via Orglex