Industrial

Tech Launch Arizona has crossed the milestone of 100 spinouts in its portfolio after achieving a new annual record in the 2019-2020 fiscal year.

Dassault Aviation put up $15.3m for the $739m close of Ace Aero Partenaires' aviation technology fund, which includes Airbus, Safran and Thales among its limited partners.

Stanford-StartX Fund has backed the electronics manufacturing management software developer, with the proceeds going to product development.

Italian tech transfer fund Eureka has attracted an initial $44.9m from LPs including ItaTech as well as Umbra and Saes to invest in spinouts from domestic institutions.

University of Utah spinout Vaporsens has been acquired by Gentex for $10.5m after the corporate had already supplied $3m in equity financing.

University of Utah spinout Vaporsens has been acquired by Gentex for $10.5m after the corporate had supplied $3m in equity financing.

The creative studio and 01Booster’s four-month joint venture will help grow the entrepreneurial ecosystem in the Japanese city of Fukushima and environs.

Earlier reports suggested Geltor was seeking as much as $100m, but the Archer Daniels Midland and Wilbur-Ellis-backed company has now seemingly secured $90m.

The online home insurer raised a series E round backed by a host of corporate venture investors.

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

Campbell Soup has divested its stake in the agriculture-focused investment vehicle, for which it was the sole limited partner, to StepStone Group.