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Industrial

Theodorus unveils $23m fund

Université libre de Bruxelles has added a fourth Theodorus fund to its arsenal with an initial close of $23m and a target of up to $33.5m.


Oct 9, 2018

Adranos takes off with $800,000

The 2016 Purdue spinout has been backed by angel investor Archibald Cox and the Ustar Tap accelerator as it seeks US defence agency-adoption for its missile propellant.

Oct 8, 2018

Corporate venturing deal net: 1-5 October 2018

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

Oct 5, 2018

Rethink Robotics grinds to a halt

Industrial robot producer Rethink Robotics had raised $136m from backers including GE Ventures but has ceased trading after failing to close a planned acquisition deal.

Oct 5, 2018

Fusion pipes in $8m series C

University of Michigan's manufacturing coolant spinout Fusion Coolant Systems has been backed by the institution's Mints fund, taking its total to $9.9m.

Oct 5, 2018

Memetis meets KIT for funding

KIT-founded valve actuator manufacturer Memetis has received capital from the university and HTGF to help expand development and production.

Oct 4, 2018

MTPV powers into $16m series C round

Sabic Ventures and Total Energy Ventures were among the existing investors in a Lake Bridge Capital-led round raised in advance of the release of MTPV's heat-to-energy technology.

Oct 3, 2018

Pivot Bio reaps $70m in series B funding

Monsanto-backed Pivot Bio has now raised a total of almost $87m and will use the latest funding to develop its second crop nutrition product.

Oct 3, 2018

Akselos couples to $10m

The MIT industrial modelling tool spinout received commitments from Innogy and Shell to drive further adoption of its products in the energy sector.

Oct 2, 2018

SlamCore locates $5m

Toyota has backed Imperial's spatial robotics software spinout SlamCore's latest round, adding to seed funding raised from Imperial Innovations and others in May 2017.

Oct 1, 2018

Gilmour Space thrusts $13.7m into orbit

Satellite launching rocket producer Gilmour Space Technologies has been backed by Main Sequence Ventures, managers of Csiro Innovation Fund, taking its total to $17.4m.

Oct 1, 2018
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