Speedshape Raises $5 Million For Design Media

Birmingham, MI-based Speedshape, a provider of media services to the automotive industry, has raised $5 million from the European arm of Japanese investment bank Nomura. The company helps customers develop digital, 3D images of their wares, which can then be repurposed across different platforms, including digital and broadcast media. The funds come as it is preparing for a possible IPO on London’s AIM exchange. CEO Mike Jackson was previously Chief Marketing Officer for US brands at GM. Release (.pdf)

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