Amalyst, spun-out of University College London, has received funding from venture firm Midven and UCL Business for hydrogen fuel cell tech.

Ann Arbor-based venture capital firm Huron River Ventures closes $11m investment fund.

Founded in 2008 as a spin-out from the Technical University of Munich and led by Andreas Sichert, chief executive of Orcan Energy, the company provides ePack, a plug-and-play that allows waste heat to be exploited in the process of power generation.

Tel Aviv University announces $20m commercialisation fund with Tata Industries.

The challenges faced by all three have been more broadly reflected across the clean-tech industry but there could be light at the end of the tunnel, judging by a new report by Global Corporate Venturing in partnership with Baker Botts.

c2renew, a spin-out of North Dakota State University, completes the transfer of biocomposite creation technology from the university.