Industrial

The two rivalling US-based ride hailing platforms Uber and Lyft, both counting many corporates among their backers, are preparing to float on public markets in the coming weeks, with the valuations of the two combined likely to stand well above $100bn

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

The industry-focused VC vehicle is targeting $10m to make seed investments in companies including spinouts across technologies including robotics, internet-of-things and electronics.

Microsoft subsidiary M12, Siemens' Next47 fund and Porsche all invested in the industrial 3D printer producer's latest round, which lifted its overall funding to $139m.

Ahren Innovation Capital has been confirmed as an investor in a round that brought University of Bristol-linked machine intelligence technology developer Graphcore’s total to $310m.

Mac Panther Materials will operate as a subsidiary of manufacturing machinery supplier Mac Panther on the back of a spinout agreement with Saarland University.

The satellite-based internet network developer has now raised $3.4bn in total, with existing investors SoftBank, Grupo Salinas and Qualcomm all backing its latest round.

Media group Vice, backed by various corporates, is looking to raise a $200m in equity and debt financing, after laying off 10% of its employees

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

Parkwalk Advisors has sold on most of its stake in Oxford-founded drone designer Animal Dynamics, securing a 6.9 times return.

Innovative Region: Israel