The MIT-affiliated Engine Fund has achieved a final close of more than $205m, above its initial target of $150m.

Lettus Grow, an irrigation system provider from University of Bristol and SetSquared's ecosystem, has been backed by the university's Enterprise Fund.

TUM-founded Twaice Technologies has won backing from UVC Partners to deliver battery management software targeting electric vehicles.

University of Central Lancashire spinout Alusid has raised capital from Frontier IP to help fund a new factory for its building material made from recycled glass and porcelain.

Despite raising a reported $118m in funding from investors including Intel, Alphabet, GE, Mitsubishi and Caterpillar, Airware has shut down.

Tire recycling technology provider Black Bear Carbon has received $12.8m in a round backed by both corporates.

VTC Innovation Fund is among the investors in agricultural management software developer Growers’ latest round.

3D finishing technology developer DyeMansion has been backed by UVC Partners, AM Ventures and BtoV Partners.

University of Melbourne and Lockheed Martin have contributed to an additional $94.8m tranche for the Csiro Innovation Fund, bringing its total to $167m.

Samsung, Philips, Applied Materials, SK Hynix, KBC, Belfius, BNP Paribas Fortis and KPN Ventures have all backed the Imec.xpand fund.