Beringea in $12m Series D funding round for 3D virtual simulation company


3d-glassesThe US and London teams of growth capital investor Beringea have taken part in a $12m Series D funding round for 3D tech company InContext Solutions.

Midwest-focused US firms Plymouth Venture Partners and Hyde Park Venture Partners also took part in the funding round.

Chicago-based InContext Solutions produces 3D virtual simulation technology and plans to use the cash to  expand its virtual simulation and research presence worldwide.

Earlier this month, Beringea announced it had sold its investment in specialty ophthalmology company Altacor to Dutch life sciences investment firm Esperante after seven years of ownership.

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