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Nikon is spending $159 million to update lens manufacturing Investments News 

Nikon is spending $159 million to update lens manufacturing

GaryPageau
Nikon Corp. has officially commenced the construction of two major new buildings at its Tochigi Nikon subsidiary, marked by a ground-breaking ceremony held on Jan. 7, 2026. Located in Otawara City, Tochigi Prefecture, this expansion represents a significant investment of approximately 25 billion yen and is designed to modernise and reinforce Nikon’s core production capabilities for high-precision optical technology, the... Read More
Kodak completes pension reversion process, freeing up $1 billion Investments News 

Kodak completes pension reversion process, freeing up $1 billion

GaryPageau
Eastman Kodak Co. announced it has completed the reversion process for the $1.023 billion in excess pension assets held in the company-funded Kodak Retirement Income Plan (“KRIP”), the final step in the previously disclosed KRIP transition. The move provides Kodak with a substantial liquidity boost and further stabilizes its long-term financial outlook.  Approximately $767 million of the excess assets were... Read More
Bloomberg: General Atlantic looking to provide $2 billion debt financing to Shutterfly Investments News 

Bloomberg: General Atlantic looking to provide $2 billion debt financing to Shutterfly

GaryPageau , ,
Bloomberg reports that debt-burdened photo personalization leader Shutterfly is in talks with private credit lenders led by General Atlantic are in talks to provide about $2 billion of debt, citing “people with knowledge of the matter.” Proceeds would refinance some of the company’s high-yield bonds and leveraged loans, the people said, asking not to be identified discussing a private transaction. The... Read More
Axios: Photography service Snappr launches in Europe after raising $28 million Investments 

Axios: Photography service Snappr launches in Europe after raising $28 million

GaryPageau ,
Axios reports Snappr, a service for connecuting customers to professional photographers, is expanding to Europe after raising a $28 million Series B round. CEO Matt Schiller told Axios: “We have brands that have done hundreds of thousands of shoots with us. They have particular needs and specs, we have an app that creators can use to access the brand... Read More
EssilorLuxottica can raise Nikon stake to 20% Investments News 

EssilorLuxottica can raise Nikon stake to 20%

GaryPageau ,
French-Italian eyewear maker EssilorLuxottica has secured permission to raise its stake in Nikon Inc. to as much as 20% under Japan’s Foreign Exchange and Foreign Trade Act, Nikon said in a press release. The maker of Ray-Ban sunglasses has also raised its holding in Nikon to 10.8% from 9.6% to become the largest shareholder. As previously announced, EssilorLuxottica has been... Read More
Camera Intelligence (formerly Alice Camera) closes $2 million seed funding for its LLM-powered camera Investments News 

Camera Intelligence (formerly Alice Camera) closes $2 million seed funding for its LLM-powered camera

GaryPageau ,
Camera Intelligence, formerly known as Alice Camera, the company building an AI-powered camera system for content creators and businesses, announced the closure of its $2 million seed funding round. The round, which included investment from venture capital firms Betaworks, F4 Fund, Next Wave via Flybridge, 7pc ventures, and Digital Catapult, will accelerate the development of its integrated AI-native camera and... Read More
Platinum Equity announces Kodak Alaris recapitalization Investments News 

Platinum Equity announces Kodak Alaris recapitalization

GaryPageau , ,
Beverly Hills, Calif.-based Platinum Equity led a recapitalization for Kodak Alaris, which operates Kodak Moments, a global provider of film and photo solutions, and Alaris, a provider of data capture and processing solutions to enterprises and consumers. Platinum Equity is a investment firm with approximately $50 billion of assets under management and a portfolio of approximately 60 operating companies, including Jostens.... Read More
European AI portrait startup BetterPic announces $2.5 million seed funding Investments 

European AI portrait startup BetterPic announces $2.5 million seed funding

GaryPageau
BetterPic, a European AI startup specializing in AI imaging, announced a USD $2.5 million seed funding round as it positions itself among Europe’s new wave of AI challengers. The round was led by MOC Capital and Shilling VC, with participation from several tech and fashion leaders, the company said in a press release. The company achieved significant traction before this... Read More
Xerox reports second-quarter results, ties in with Kyocera Document Solutions for cut-sheet inkjet press Earnings reports Investments News 

Xerox reports second-quarter results, ties in with Kyocera Document Solutions for cut-sheet inkjet press

GaryPageau ,
Xerox Holdings Corp. reported second-quarter revenue was flat, at $1.58 billion, while the GAAP net loss declined by declined by $124 million to $(106) million, or $(0.87) per shar. “Completing the Lexmark acquisition marks an important milestone in the company’s Reinvention, creating a vertically integrated market leader with a broader, differentiated set of workflow and technology solutions for our clients... Read More
PhotoDay lands investment to scale AI-driven photo platform from Serent Capital Investments 

PhotoDay lands investment to scale AI-driven photo platform from Serent Capital

GaryPageau ,
PhotoDay, a volume photography platform company, secured a significant growth investment from Serent Capital, a growth-focused private equity firm with a track record of supporting founder-led B2B software companies. The partnership will support PhotoDay’s mission to transform the volume photography industry through continued investment in innovation, customer experience, and product development, the company said in a press release. The amount... Read More
Insta360 goes public on Shanghai stock market Investments News 

Insta360 goes public on Shanghai stock market

GaryPageau ,
On June 11, 2025, Chinese camera maker Insta360 made a splashy debut on Shanghai’s STAR Market, with its stock surging 285% on opening day and its market capitalization briefly topping ¥70 billion (over $10 billion). Founder JK Liu rang the opening bell while wielding an Insta360 X5 panoramic camera, marking him as the first 1990s-born founder to lead a company to China’s... Read More
Landa Digital Printing to restructure, seeking investors Investments News 

Landa Digital Printing to restructure, seeking investors

GaryPageau
Israel-based printing vendor Landa Digital Printing (LDP) announced it is restructuring plan. According to Printing Impressions, the company reported positive growth during drupa in 2024, but that “customer caution due to geopolitical and economic uncertainties, the ongoing war in Israel,” among other challenges, has led to this decision. “Although Landa did not report how it intends to restructure, local publication Globes reports... Read More
Flam raises $14 million to scale AI infrastructure for brand and marketing industry globally Investments News 

Flam raises $14 million to scale AI infrastructure for brand and marketing industry globally

GaryPageau
Flam, the AI-powered mixed reality (MR) publishing platform, announced it has raised $14 million in Series A funding to scale its AI Infra, used by marketers to turn touchpoints into appless app-less digital and 3D experiences. Flam is best known in the imaging industry for its innovations in the volume photography industry, offering the UniClip video product and serving as the... Read More
AI video editing app Capsule announces $12 million Series A funding Investments News 

AI video editing app Capsule announces $12 million Series A funding

GaryPageau
AI-powered video-editing startup Capsule has announced it raised $12 million Series A funding, led by Innovation Endeavors, with participation from HubSpot Ventures and angel investors including Emery Wells (Founder & CEO, Frame.io), François Dufour (CMO, Augment & Twilio), Karim Atiyeh (Co-founder, Ramp), Gil Lara (Co-founder, Sprout Social), Robert Paige (Creative Director, Instacart), Laura Jones (CMO, Instacart), along with our existing backers at Swift.vc, Human Ventures, and Bloomberg Beta. Back in February 2023, the company announced it... Read More
B&H Photo buys Manhattan office property for $150 Million Investments News 

B&H Photo buys Manhattan office property for $150 Million

GaryPageau
B&H Photo has acquired a Manhattan office property for $150 million through an entity called SV333 Realty, records from the New York City Department of Finance show. According to a report from PincusCo, Brookfield Properties originally paid $255 million for the 10-story asset in 2018, representing a more than $100 million loss for the developer. While Manhattan particularly has seen a... Read More