Industrial

Research from Chinese Academy of Sciences will benefit from a vehicle backed by the government of Guangzhou in areas including intelligent manufacturing and energy efficiency.

Autodesk has agreed to acquire the construction management software provider for $875m, providing an exit to investors including Box and Alphabet.

The Alexandria Real Estate Equities-backed plant breeder has filed to go public, having raised $189m in equity and debt financing.

Drone provider Autonomous Control Systems Laboratory plans to float on December 21, having raised at least $25m in VC funding from investors including Rakuten.

Utec-backed Chiba spinout Autonomous Control Systems Laboratory has filed for an initial public offering on the Tokyo Stock Exchange and plans to list on December 21.

The number of flotations of companies that have previously received corporate backing has been growing over the past couple years. More interestingly, it has been companies from the life sciences sector that beat other sectors in going public.

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

Altana and existing investor Evonik both contributed to a round for the printing technology developer that was co-led by ORT Technologies.

Kebotix has emerged from Harvard University with backing from investors including Baidu to commercialise an automated approach to discovering new materials and molecules.

The Thailand-based petroleum and chemicals producer will launch a joint venture with plastics trading platform operator in connection with a $19.4m investment.

Swisscom Ventures co-led the indoor drone developer's series B round, which also featured Dow Chemical and existing backers including MKS.