Industrial

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

1868 Ventures will fund agriculture, lawncare and sustainable packaging technology developers, providing up to $2.5m for a first investment.

Up Optotech-backed laser-diode chip foundry Everbright Photonics secured $21.2m in a round led by brokerage Huatai Securities.

Chinese Academy of Sciences-backed laser-diode chip foundry Everbright Photonics has now raised $63.3m since it was founded in 2012.

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

Mastercard will buy financial data technology provider Finicity in a deal that could reach $985m, giving Experian an exit. This is yet another large exits in this space this year after the acquisitions of Plaid and Credit Karma earlier.

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

Industrial data repository Element has now received $40m in total, Evonik, Schneider Electric Ventures, Honeywell and ABB having backed its latest round.

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

Corporate venturing unit Lenovo Capital led a round that boosted smart forklift developer VisionNav’s funding total to more than $18m.

Smart forklift developer VisionNav has now collected more than $18m altogether to advance work from Chinese University of Hong Kong and University of Tokyo.