Industrial

Ingka Group-backed vertical farm operator Aerofarms is joining forces with a special purpose acquisition company at a $1.2bn post-transaction valuation.

Heidelberg Instruments Mikrotechnik has acquired the Fraunhofer spinout for an undisclosed sum.

The Lockheed Martin-backed satellite launch system developer has now raised at least $219m of funding ahead of its first official launch.

The SoftBank-backed automotive e-commerce platform developer ACV Auctions has gone public in an IPO. The company is part of the vehicle marketplace space which has seen much attention from corporate venture investors.

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

Hanwha and SoftBank could exit the advanced biomaterials developer in the offering, which will follow more than $870m in funding.

BioLife Solutions will issue more than 6.6 million shares to acquire Ohio University-affiliated Stirling Ultracold in an all-stock transaction.

The Petronas and TNSC-backed 3D printing tedchnology provider has agreed to list through a reverse takeover deal at a $1.6bn valuation.

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

ZGC Group was among the investors in a $38.4m round that brought the robotics technology producers' overall funding to roughly $80m.