Industrial

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

Désirée Heutschi will take over from Daniel Broger as head of corporate development, strategy and mergers and acquisitions at industrial group Orell Füssli at the end of this year.

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

University of Stuttgart has scored an exit with the acquisition of nFrames, a 3D mapping technology spinout also backed by Vector Informatik.

SoftBank emerged in the news last week with its sizeable bets in the equity derivative markets in the US. Despite some recent challenges, the telecoms conglomerate has been very active in large venturing deals this year as well.

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

BMW, Dell and Robert Bosch all returned for a $75m round that brought the manufacturing marketplace’s overall equity financing to $193m.

Stanford University is set to exit video telematics system developer SmartDrive, which has agreed to be purchased after raising at least $265m.

Fluke has added to $30m of series C capital raised by University of Michigan and Virginia-founded Everactive last year.

The steelmaker has formed a $4.3m early-stage investment vehicle that will be managed by its Postech Holdings subsidiary.

The SoftBank and Hanwha-backed innovative materials producer boosted its overall funding to more than $870m in a round led by Baillie Gifford.