Industrial

Several corporate venturers have backed IoT company Terminus Technologies in a $283m series C1 round. This nine-figure round comes to confirm an upward trend in valuations of such enterprises we have been observing for years.

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

Motif FoodWorks has added $27.5m to a $90m round earlier this year that was raised as MIT spinout Ginkgo Bioworks set up the meat-free food ingredient supplier.

Meat-free food ingredient supplier Motif FoodWorks has added $27.5m to a $90m round featuring Louis Dreyfus and Fonterra earlier this year.

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

Limited partners in the $97.2m fund include corporates Ardex, Autodesk, Cemex, Ferguson, FMI, Glodon, Haskell, Hilti, Obayashi, Sidewalk Labs and United Rentals.

Asahi Kasei Ventures was among the investors in a round that boosted the food-freshness technology developer's funding to nearly $18m altogether.

Kanematsu-backed microsatellite launch company Vector has halted operations indefinitely after a major change in financing, less than a year after lining up $70m in series B capital.

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

Last year there was a peak in number of IPOs of corporate-backed emerging business, while the first half of 2019 hosted some much-awaited flotations like those of Uber, Lyft and Slack. We look at the broader picture for corporate-backed companies going public.

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