Infrared laser manufacturer Intraband was spun out in 2007 and is aiming to deliver products for purposes including medical diagnostics and environmental monitoring.

Oxford spinout Metaboards has the backing of Oxford Sciences Innovation as it targets revenue streams for its metamaterial-based wireless charging technology.

Polycera was spun out from Water Planet, itself a spinout of UCLA, and was established to commercialise polymer membranes for water filtration.

Cambridge Enterprise has returned to back Silicon Microgravity, which builds on collaborative research between the university and BP.

Lockheed Martin Ventures will now have double the amount of capital under management to invest in sectors such as autonomy and advanced manufacturing.

Freight brokerage GlobalTranz will be acquired by private equity firm Jordan Company after raising $50m from two rounds in 2014 and 2011.

Existing shareholder UMC Capital has returned to back a $13m series B round for NextInput.

MiAlgae was formed by a University of Edinburgh alumnus to commercialise microalgae-based animal feed supplements sourced from treated wastewater.