Poynt Raises $100 Million Series C Funding Round

Poynt, the groundbreaking point of sale developer, has announced a Series C funding round of $100 million this week. Funding partners include strategic partners Elavon, the fifth-largest bank in the US, and National Australia Bank, Australia’s largest business bank.

Poynt has re-imagined the payment terminal into a connected, multi-purpose device that runs third-party apps. Since day one, Poynt has partnered with Bould Design to define the industrial design for their products including the original Smart Terminal and the Poynt 5 handheld payments solution. The Smart Terminal incorporates the latest payment and security technology in a singular, highly pragmatic form factor. The sleek, sculptural shape also encloses a thermal printer and paper roll for receipts. The Poynt5, which recently won a Red Dot Design Award, takes all the same technology and integrates it into a smaller handheld form factor, enabling truly mobile payments.

Read about it on:
Poynt Press Release
TechCrunch
Bloomberg
The Australian Financial Review

Light Raises $121 Million from SoftBank Vision Fund and Leica Camera

Light has announced a Series D funding round of $121 million, led by the SoftBank Vision Fund and with the renowned Leica Camera AG also participating. Light has partnered with Bould Design to define the industrial design of their futuristic products since the early development of their flagship L16 camera.

Light’s groundbreaking imaging platform enables machines to see like humans do, using sophisticated algorithms to combine images from multiple camera modules into a single high-quality image and enabling highly-accurate 3D depth extraction. The L16 camera, which recently won a Red Dot Design Award and CES Best of Innovation, brought this advanced technology to a pocket-sized camera. The new funding will allow Light to expand beyond consumer photography and into security, robotic, automotive, aerial and industrial imaging applications.