Industrial

Fraunhofer has invested in Enerthing, which is launching IoT products powered by solar foils invented in partnership with Fraunhofer ISE.

Satt Sud-Est spinouts Click4Tag, C4Hydro and C4Biocontrol will merge to boost the commercialisation of microbe monitoring technologies built on research from six institutions.

University of Tokyo’s Utec has extended its foray into Indian VC investments by starting an accelerator in partnership with local venture fund Blume Ventures.

Kao Yuan University's Gintel has created water quality monitoring systems that can provide information on 50 parameters of toxicity and recommend remedies.

SoftBank Vision Fund invested $1.46bn to take Grab's series H round, already backed by Toyota, Hyundai, Kia, Booking Holdings, Central Group, Yamaha, Ping An, Microsoft, Tokyo Century and KBank, to $4.5bn.

Process management technology developer Iconpro was founded out of RWTH Aachen last year and is targeting its services at the manufacturing sector.

Last-mile consumer goods delivery service provider DoorDash raised $400m, from SoftBank´s Vision Fund at a valuation of $7.1bn

BASF Venture Capital has joined Alchemist Accelerator as a limited partner to develop digital technologies in the chemical industry.

University of Virginia spectroscopy spinout BrightSpec has added series B capital from investors including the university's seed fund to an earlier $1.5m sum raised in 2015.

The MIT-founded manufacturing app development spinout has now received more than $31m from investors including Vertex Ventures US, Pitango, NEA and C4 Ventures.