Industrial

The OSU spinout plans to scale up the distribution of its robotics system, which has human-like legs to navigate complex environments.

The machine health technology provider was reportedly valued at up to $300m in a series D round featuring Qualcomm Ventures and Munich Re Venture Capital.

The Corning and Microsemi-backed electronic switch manufacturer has closed its series B round three months after GE Ventures sold its stake.

Japan Asia Group, Kobashi Industries, NTT Docomo and SoftBank are among the LPs that have backed the drone-focused investment firm's third vehicle, which has a $95m target.

Corporate venturing vehicles Henkel Tech Ventures, GC Ventures America and Ireon Ventures all took part in the coating material producer's series A round.

The satellite clearance equipment developer has closed a round backed by Hulic, I-Net and Shimizu to take its total funding to $191m.

The multicorporate-backed corporate venturing vehicle for online food wholesaler Oisix Ra Daichi has secured chemicals producer Fuso as an LP.

Fruit peel recycler PeelPioneers lured Rabobank to an $11.8m round expected to facilitate the pan-European expansion of its manufacturing base.

The $10m investment fund formed by the electronic components manufacturer and its Taiyo America subsidiary will target developers of technologies and products related to its core business.

John Wei, a GCV Emerging Leaders award winner this year, is departing from Sabic Ventures after six years.

Eli Lilly is to exit the genetic sequencing system provider Readcoor in a cash-and-share acquisition by 10x Genomics. This is one of the relatively few exits we have seen in this space over the past decade.