Corporate-backed fund Business Growth Fund has invested $15.7m in the remotely-operated vehicle maker, which plans to now expand in the Americas.

The engine and automotive technology company plans to step up its corporate venturing activity, Head of Corporate Venture Capital Kai Engelhardt revealed.

Fulcrum Engineering spins out of Oakland University to commercialise passenger safety in the event of a crash.

The seed technology developer went public after raising more than $100m in funding from investors including BASF.

Chemical analysis technology provider 908 has now raised more than $27m after securing $11.6m in a series C round featuring Saudi Aramco and Schlumberger.

Chemical analysis technology provider 908 has now raised more than $27m after securing $11.6m in a series C round featuring Saudi Aramco and Schlumberger.

The chemicals and materials company, which already operates four research and development centres in Japan, will look to fund startup innovation through the new office.

Sirrus will use a $6.5m General Motors-backed equity round, together with $5m of debt financing, to fund the commercialisation of its monomer technology.