Industrial

Tencent returned for the industrial supplies and services marketplace's latest round having led its $160m series D last year.

MIT has put $35m into The Engine's second fund – up from its $25m commitment to the first fund – and has been joined by Harvard as a new LP.

The bioremediation technology startup is the first company to be launched through MIT spinout Ginkgo Bioworks' $350m Ferment Consortium.

University of Buffalo's Innovation Hub has joined forces with a state government initiative to invest $10m in early-stage technologies.

Skye Henderson has taken an investment manager role at Cowles' corporate venturing arm, which has so far put $85m into local companies.

The bioremediation technology startup is the first company to be launched through Ginkgo Bioworks' $350m Ferment Consortium.

Alibaba´s financial subsidiary Ant has received approval from regulators which will allow a dual listing on the Shanghai and Hong Kong stock exchanges and enable it to raise up to $35bn at a reported valuation of $250bn.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

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

TUM-affiliated UVC Partners has raised a third fund from limited partners including Lanxess to invest in industrial technologies, business-to-business software and mobility.

Airbus Ventures’ first portfolio company raised the cash from Mirai Creation Fund II, a vehicle backed by Toyota and Sumitomo Mitsui Banking Corporation.