The industry-focused VC vehicle is targeting $10m to make seed investments in companies including spinouts across technologies including robotics, internet-of-things and electronics.

Microsoft subsidiary M12, Siemens' Next47 fund and Porsche all invested in the industrial 3D printer producer's latest round, which lifted its overall funding to $139m.

Ahren Innovation Capital has been confirmed as an investor in a round that brought University of Bristol-linked machine intelligence technology developer Graphcore’s total to $310m.

Mac Panther Materials will operate as a subsidiary of manufacturing machinery supplier Mac Panther on the back of a spinout agreement with Saarland University.

The satellite-based internet network developer has now raised $3.4bn in total, with existing investors SoftBank, Grupo Salinas and Qualcomm all backing its latest round.

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

Parkwalk Advisors has sold on most of its stake in Oxford-founded drone designer Animal Dynamics, securing a 6.9 times return.

Sector focus: Industrial

JLL Spark's $100m Global Venture Fund has appointed Concrete VC to source real estate technology investment opportunities in the EMEA region.

Fraunhofer has invested in Enerthing, which is launching IoT products powered by solar foils invented in partnership with Fraunhofer ISE.