Boeing HorizonX Ventures returned to co-lead an $11m series B round for Accion, doubling the propulsion systems developer’s overall equity financing.

AgFunder-backed agricultural technology developer Solinftec has attracted $40m in a round led by private equity firm Unbox Capital.

CU Boulder spinout ALD NanoSolutions has merged with its peer Forge Nano, with new merged company securing $20m from a range of corporates.

Airbus Ventures is among the investors in the spacecraft developer, which has raised in excess of $100m in funding altogether.

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

Yale-founded P2 Science, which produces chemicals from clean feedstocks like vegetable oil, secured funding from investors including Elm Street Ventures to take its total to about $23.3m.

HG Ventures led a series C round that included Chanel and BASF Venture Capital, with the cash to go to expanding the renewable chemicals provider's production capacity.

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.

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

MIT and Harvard spinouts will be a focal point for investment from the secnd industrial tech-oriented vehicle launched by Anzu Partners.