
IdeaRefinery will not invest directly in the startups but will provide support, office space and executive mentorship.
GE Ventures and Statoil Technology Invest both participated in an inaugural funding round for Ambyint, which uses AI to improve production at oil and gas wells.
Corporates Ginkgo Bioworks and Bayer have launched a plant microbiome technology startup that is equipped with $100m in series A funding.
Daimler Trucks has led StoreDot's latest funding round, which included Samsung Ventures, as part of a strategic partnership agreement.
The advanced battery developer has completed a series B round that included strategic investments by East Penn, Crown Battery, Leoch International and Power-Sonic.
Petroleum trading platform Zhaoyouwang has secured $31.8m in a series B round that included Huochebang and SIG Asia Investments.