Industrial

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

DMG Mori, an existing customer of MIT spinout Tulip, has contributed to a round that closed at $39.5m, alongside Vertex Ventures, NEA and Pitango.

Itochu, Mitsui and Qualcomm Ventures were among the investors that supplied series D funding to weather nanosatellite developer Spire Global.

DMG Mori, an existing customer of manufacturing app development platform Tulip, has contributed to a round that closed at $39.5m, alongside Vertex Ventures, NEA and Pitango.

Lenovo Capital and Incubator Group was among the investors as optics technology provider Yuguang nabbed series B-plus funding.

Siemens subsidiary Next47 led a series B round for the construction robotics technology developer that also featured Sumitomo's Presidio Ventures unit.

Returning investor Hilti Group was among the participants in a $33.5m round that brought the construction management software developer’s overall funding to more than $40m.

Summary of corporate-backed funding initiatives 2011-19

The cannabis and hemp testing laboratory received $22.6m from CanLab that will fund an expansion in its operations and the strengthening of its technology.

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

ItaTech has committed an initial $33m to the fund, which will invest in spinouts emerging out of 19 partner universities and research institutes across Italy.