Industrial

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

OSI returned to back its inaugural investment Oxford Flow, which develops actuated pressure valves for industrial pipelines including oil and gas.

Sumitomo Corporation Europe and existing investor Tekfen Ventures helped provide $28.5m for the gene-edited crop developer's latest round.

Kobayashi and Daikin Industries are among the limited partners for the investment firm’s latest fund, which has a target of about $74m for its final close.

Clearpath Robotics' industrial robot spinoff has secured series C capital in a round the company said expanded its overall fundig to $83m.

The Legend Capital-backed industrial testing technology provider has filed to raise up to $98.8m when it floats on Shanghai’s Star Market.

Lactips, a milk-based bioplastics spinout of Jean Monnet University formed by Pulsalys, has raised $14.5m in a funding round led by Bpifrance.

The milk-based bioplastics developer received the funding from investors including Mitsubishi Chemical Holdings' Diamond Edge Ventures subsidiary.

Gene sequencing corporate spinoff MGI Tech closed a $1bn series B round backed by IDG Capital and CPE Capital. The company offers an array of products, some of which have been used for Covid-19 detection and forms part of the promising space of genetics tech.

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

Cavallo Ventures contributed to a series B round for the microbial animal feed producer that will fund product development and recruitment.