Industrial

The newly formed Pinnacle Ventures is equipped with $50m of capital and will concentrate on investments in reliability technology.

Kai Engelhardt, a GCV Powerlist award winner, said he had decided to return to ventures after two years as head of digitalisation at Mahle.

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

The CAS Star-backed round looks set to be the last for the satellite imaging technology producer before a planned initial public offering.

Poly Capital led a series A-plus round for the industrial IoT technology provider Jiangxing Intelligence, which was founded by a Simon Fraser University professor.

The iFlytek-backed round looks set to be the last for the satellite imaging technology producer before a planned initial public offering.

Georgia Tech’s heat regulation material developer Carbice picked up capital from Downing Ventures and Toyota AI Ventures that will support recruitment.

SoftBank and Corning-backed dynamic window provider View will go public through a reverse merger at a $1.6bn post-deal valuation.

Based on Ghent University, KU Leuven and VIB research, Aphea.Bio is now making provisions to launch its initial products.

Poly Capital led a series A-plus round for the industrial IoT technology provider Jiangxing Intelligence, which also counts Baidu Ventures as an investor.

Property engine developer Homesnap agreed to a $250m cash acquisition by Real estate data provider CoStar Group. This is a notable exit in the space in which corporates have been actively investing over the past five years but there have not been many exits.