Industrial

TXOne Nertworks has added $12.9m to its coffers, while C3 has pushed its series B round to $90m thanks to a $10m extension.

Over the past few years, roughly a fifth to a quarter of all corporate investors whose deals we track appear to be newcomers.

M12 backed three deals in recent days, including a $50m series D round for Split.io that also featured fellow corporates Atlassian and ServiceNow.

The UC Santa Barbara-launched food preservation technology developer’s latest round valued it at $2bn.

Agriculture analytics software producer Regrow has picked up series A funding from investors including Main Sequence Ventures.

Hong Kong X Technology Fund has backed a $15.4m funding round for robotics technology developer AgileX.

GCV Emerging Leader Michael Stewart has taken up a partner role at Microsoft’s M12 subsidiary after a six-year stint at another corporate venture capital unit, Applied Ventures.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

KAUST agricultural technology spinout Red Sea has added $6m to a pre-series A round featuring the university that now totals $16m.

The smart electronics producer, backed by Xiaomi, closed series C funding to accelerate research and development with a focus on 5G technologies.

Investors including AppHarvest have added $6m to the $10m the saltwater farming technology developer raised in a Wa'ed-backed close in June.