The Alexa Fund backs connected home device Nucleus


New York-based Nucleus, which provides a connected home intercom that incorporates the Alexa Voice Service, announced it has raised $5.6 million in Series A funding. The Alexa Fund, a $100 million fund established last year by Amazon to invest in voice tech, led the round. It’s the first investment Alexa has led. Also participating in the Series A are BoxGroup, Greylock Partners, FF Angel (Founders Fund), Foxconn, Liquid 2 Ventures and SV Angel. Nucleus has now raised $10 million in funding since it was launched in 2014.

Source: Company press release