The vehicle charging technology spinout of MIT has secured a further $18m for a Mitsubishi-backed round.

University of Cologne’s virtual power plant operator Next Kraftwerke has agreed to an acquisition of undisclosed size by Shell.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

UCLouvain spinout Xylowatt has declared bankruptcy after failing to build a market for its technology to convert biomass into energy.

TU Darmstadt spinout Akasol had floated on the Frankfurt Stock Exchange in 2018 and has now agreed to an acquisition by BorgWarner.

The vehicle charging technology developer, spun out of UC Irvine, has now raised $191m in total.

The gas-to-hydrogen technology developer bagged $11.5m in funding to commercialise technology developer at UC Santa Barbara.

Fraunhofer Society has participated in a series B round for its solar wafer technology spinout, which also attracted Saudi Aramco.

The firm announced its second fund the same day as one of its portfolio companies, University of Wyoming-backed Momentus, successfully listed on Nasdaq.

Georgia Tech-linked battery technology producer Sila Nanotechnologies has more than tripled its valuation to $3.3bn in the series F round.