UK - Plastic Logic raises $100m in funding round led by Oak and Tudor

Plastic Logic, a Cambridge-based company whose previous backers include Amadeus Capital Partners, Intel Capital, Bank of America and Merifin Capital, has secured an additional $100m of equity financing led by Oak Investment Partners and Tudor Investment Corporation. The funding will be used to finance the building of its first factory to manufacture the flexible active-matrix display modules for 'take anywhere, read anywhere' electronic reader products on a commercial scale. The financing is one of the largest in the history of European venture capital.