Industrial

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

Low-orbit micro-satellite producer Satellogic raised $50m, 40% of which was provided by existing investors including Tencent.

UCD-founded wasterwater purification spinout OxyMem has been bought by DowDuPont, already one of its shareholders.

Grain-industry data management platform Bushel secured $19.5m from Continental Grain among others to take its total funding to $28m.

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

The chemical producer has formed a fund that will count Hubei Xingfa Chemicals as a limited partner, with new energy, materials and chemicals all on the agenda.

Lockheed Martin is looking to buy some of Vector’s assets after the Kanematsu-backed microsatellite launch services provider filed for bankruptcy.

Saudi Aramco has exited wastewater treatment system developer OxyMem, which has been bought by another corporate investor, DuPont.

VTC Innovation Fund took part in a $15m round for organic meat brand operator Shenandoah Valley Organic, bringing its total to $24.2m.

XCMG's industrial internet-of-things spinoff raised $42.9m from investors including Xinhua Daily Media Group, with Hillhouse Capital leading the round.

A2A has formed a corporate venturing arm with $78m in funding, including a commitment from Polytechnic University of Milan’s university venture fund Poli360.