Industrial

Amid the covid-19 pandemic, interest in life sciences is now perhaps at its highest. This is true in corporate venture capital and three of the multimillion-dollar stories we reported in mid-August corroborate this.

The composite manufcturing technology provider, which counts Asahi Glass and Sumitomo as investors, has now raised $60m altogether.

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

Sustainable fabric technology developer Natural Fiber Welding secured $13m in a round led by strategic partner Ralph Lauren.

Leaps by Bayer and Temasek have partnered to form a seed development startup that is focusing on the vertical farming market.

SAIC Capital has scored an exit less than two years after it invested in the now publicly-listed intelligent manufacturing technology provider.

Echo Capital has invested $14.4m in the Foxconn-backed industrial component marketplace to make up the provision for its latest round.

China Academy of Sciences-backed Yungongchang sells industrial equipment to clients including Alibaba and Airbnb.

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

The number of corporate-backed companies going public declined in 2019, despite some major IPOs like those of Uber, Lyft and Slack.

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