Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Luca Science, a Japan-headquartered developer of mitochondria-based therapeutics, completed a $9.8m series A round on Tuesday that included medical research equipment provider CaHC. The round was led by venture capital firm Axil Capital Partners and also featured Remiges Ventures, Nippon Venture Capital and Fast Track Initiative. The capital will be used to strengthen the company’s research and development activities.
Diversified conglomerate Sumitomo joined Equinor Ventures and Wintershall Dea Technology Ventures, the corporate venturing subsidiaries of oil and gas suppliers Equinor…
