Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Combustion and electric vehicle technology producer BorgWarner paid an undisclosed amount for a 20% stake in US-based battery pack developer Romeo Power Technology on Tuesday. The investment, made alongside a joint venture agreement between the companies, comes after Romeo Power raised $30m in seed capital from its executives, undisclosed family offices and unnamed other investors.
Velano Vascular, the US-based creator of a needle-free blood collection system, received $10m in funding from investors including care provider Intermountain Healthcare on Wednesday. Kapor…
