Industrial

Oncology therapeutics developer Fusion Pharmaceticals closed a $105 round, featuring several corporate investors. The deal forms part of the growing broad oncology space, which has seen much attention from corporate venturers in recent years.

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

The Global University Venturing Deal Net rounds up the week’s smaller deals and tracks the startups emerging from universities and raising funding.

The industry-academia partnership will start out with collaborations in the healthcare, robotics and human resources spaces, including a sports science tie-up with a Rakuten-owned baseball team and plans for software development hackathons.

UPS has reinvested in additive manufacturing service provider Fast Radius, which will use the cash for hiring and product development.

Hearst Ventures has come on board at 3D printing services platform 3D Hubs as part of a series C round that took its funding to almost $30m to date.

The SoftBank´s Vision Fund participated in a $300m round of robotics tech provider CloudMinds. This is a deal in the wider robotics and drones space, which has seen much growth in recent years

An industrial biotech initiative co-led by University of Strathclyde has received UK government funding to prepare an application to the UKRI’s competitive Strength in Places program.

The firm posted its half-year results for the period ending December 2018, registering an 83% year-on-year rise in turnover and a 43% gain in the fair value of its portfolio.

Severstal has launched an accelerator to develop metallurgical technology startups as part of a $25m open innovation investment drive.

Bouygues Construction and Suez Group have both contributed to an $11.3m round that will fund the construction waste removal service's European expansion.