Industrial

Nestlé is throwing its weight behind the Eureka Fund, a vehicle focused on spinouts from 27 research centres and universities across Italy.

Dell Technologies Capital has returned to back Exotec in a Goldman Sachs-led round that valued the automation robotics system developer at $2bn.

Cancer diagnostics tech developer Freenome cashed in an additional $290m from returning investor Roche, which will support it as it looks to expand its products to additional cancers.

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

SoftBank led 5G chip developer Eigencomm's $157m series C round while smart bank Seba Bank raised $120m in its own series C, which included Alameda Research.

The $43.7m ME Innovation Fund is part of a $100m corporate venturing initiative revealed by the electrical product provider in mid-2020 and will invest in digital and green energy companies.

Synthetic DNA producer DNA Script and personalised health plan provider Transcarent each closed $200m corporate-backed series C rounds.

SoftBank's Latin America Fund took part in the construction materials marketplace’s latest round at a reported valuation of $800m.

SoftBank’s Vision Fund 2 co-led the seafood farming technology provider's latest round, which also featured Go-Ventures, as Indonesia's aquaculture technology space begins to look outwards.

Country Garden Venture Capital returned to reinvest in Bluepha having led the the bioplastics developer’s series B2 round five months ago.

Raw materials provider Vital Thin Film secured $188m in a round co-led by BYD while drug developers CinCor and Vigil raised a total of $292m in their initial public offerings.