Industrial

Cloud-based enterprise software producer Salesforce agreed to acquire Slack, the US-based publicly listed communication platform which previously counted telecoms firm SoftBank, internet conglomerate Alphabet and media group Comcast among its backers.

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

Robert Bosch Venture Capital and Conductive Ventures were among the investors in a round that will help the construction data technology developer enhance its product.

The Varner-Gruppen and Farmasiet-backed last-mile delivery service is now majority owned by investment firms Canica and Verdane Capital.

The newly formed Pinnacle Ventures is equipped with $50m of capital and will concentrate on investments in reliability technology.

Kai Engelhardt, a GCV Powerlist award winner, said he had decided to return to ventures after two years as head of digitalisation at Mahle.

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

The CAS Star-backed round looks set to be the last for the satellite imaging technology producer before a planned initial public offering.

Poly Capital led a series A-plus round for the industrial IoT technology provider Jiangxing Intelligence, which was founded by a Simon Fraser University professor.

The iFlytek-backed round looks set to be the last for the satellite imaging technology producer before a planned initial public offering.

Georgia Tech’s heat regulation material developer Carbice picked up capital from Downing Ventures and Toyota AI Ventures that will support recruitment.