The University of Bristol-led incubator now has more than 80 portfolio companies, which posted a combined turnover of $77m during 2019.

LG and ST Electronics are set to exit indoor positioning technology producer Devawave in an acquisition by Qorvo reportedly sized at $400m.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

The payment and shopping app developer has launched in Australia with the help of Commonwealth Bank of Australia, which raised its stake to 5.5%.

TDK Ventures revealed its investment in vertical take-off and landing company AutoFlightX on stage at the GCVI Summit 2020 today.

Crédit Agricole is set to acquire a majority stake in portfolio company Linxo as fellow corporates Maif and Crédit Mutuel Arkéa exit.

The children's digital content platform has raised funding in a round that involved M12 joining an investor base that already included Sandbox and Co.

The university formed 23 new spinouts in 2019, while a total of 33 companies raised a combined $292m – an amount only beaten by 2016’s record-holding $408m.

Robert Bosch's BSH subsidiary has joined Techstars to form a home technology accelerator that will welcome 10 startups into its first cohort.

Merck Group spinoff iOnctura will put the $18.7m it raised in the M Ventures-backed round into a clinical trial for its solid tumour therapy.