Sabic Ventures and Total Energy Ventures were among the existing investors in a Lake Bridge Capital-led round raised in advance of the release of MTPV's heat-to-energy technology.

Monsanto-backed Pivot Bio has now raised a total of almost $87m and will use the latest funding to develop its second crop nutrition product.

The MIT industrial modelling tool spinout received commitments from Innogy and Shell to drive further adoption of its products in the energy sector.

Toyota has backed Imperial's spatial robotics software spinout SlamCore's latest round, adding to seed funding raised from Imperial Innovations and others in May 2017.

Satellite launching rocket producer Gilmour Space Technologies has been backed by Main Sequence Ventures, managers of Csiro Innovation Fund, taking its total to $17.4m.

University of Rochester-affiliated VC fund Excell Partners has been selected to manage a state government-funded vehicle targeting local companies in sectors such as optics and life sciences.

The venture fund of Tel Aviv University has added 3D printing technology developer Castor and geolocation platform provider Hoopo to its portfolio.

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

QuayChain has been formed by Allied Minds to commercialise an IoT hub for industrial sites such as airports, warehouses and transport hubs.

Research institute DFKI has launched a spinout to deliver robotics and AI-based technologies originating from its Bremen-based Robotics Innovation Centre.