Industrial

Travel and accommodation booking service Booking Holdings committed $200m to ride hailing app Grab alongside a partnership deal

Idea Fund has provided seed capital for SciArt Software, a spinout of Wisconsin-Madison that has developed a weight reduction tool for engineering structures.

Mitsubishi Estate and Koei Tecmo have backed a $50m series D for space junk removal service Astroscale that almost doubled its total funding to $102m.

Leiden University has backed a series A round co-led by Evonik and VisVires New Protein.

After four years leading Driscoll's agtech corporate venturing investments, Nolan Paul will now oversee Yamaha Motor Ventures' agricultural robotics and data activities.

Dentsu Ventures participated as a new investor, as food safety technology developer Clear Labs closed a series B2 round that took its funding to $45m in total.

Van Herk Ventures is one of three limited partners that helped the agrifood-focused venture fund reach a $22.7m second close a year after it was formed.

Archer Daniels Midland and Wilbur-Ellis have both invested in an $18.2m round for sustainable protein developer Geltor through their ADM Ventures and Cavallo Ventures units.

The University of Applied Sciences Technikum Wien spinout has secured a six-figure sum from state-owned fund aws Gründerfonds and Segnalita Ventures.

Nomura Holdings, Daiwa Securities, Mitsubishi UFJ, Sumitomo Mitsui Financial and Mizuho Financial will aim to raise up to $1.78bn for the fund, in partnership with China Investment Corporation.

Brazil-based fintech companies have been on the news in recent times, showing the potential of the South American country’s ecosystem.