Industrial

AgFunder-backed agricultural technology developer Solinftec has attracted $40m in a round led by private equity firm Unbox Capital.

CU Boulder spinout ALD NanoSolutions has merged with its peer Forge Nano, with new merged company securing $20m from a range of corporates.

Airbus Ventures is among the investors in the spacecraft developer, which has raised in excess of $100m in funding altogether.

The University of Bristol-led incubator now has more than 80 portfolio companies, which posted a combined turnover of $77m during 2019.

Yale-founded P2 Science, which produces chemicals from clean feedstocks like vegetable oil, secured funding from investors including Elm Street Ventures to take its total to about $23.3m.

Just ahead of our third annual GCV Israel conference, we take a quick look at corporates’ interest in the rich venturing and innovation scene of Israel.

HG Ventures led a series C round that included Chanel and BASF Venture Capital, with the cash to go to expanding the renewable chemicals provider's production capacity.

Sue Siegel, who featured on GCV's Powerlist five times from 2014 to 2019, has won the Lifetime Achievement Award 2020 for service to the venture and innovation ecosystem.

The university formed 23 new spinouts in 2019, while a total of 33 companies raised a combined $292m – an amount only beaten by 2016’s record-holding $408m.

Ahead of our record-breaking GCV Innovation Summit in California this week, we are offering an excerpt from our latest World of Corporate Venturing 2020, analysing data from 2019 and the past decade, where we have combined data from GCV Analytics and data provider PitchBook.

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