Industrial

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

University of Virginia Seed Fund returned to back industrial cybersecurity spinout Mission Secure in a round co-led by Chevron Technology Ventures and Energy Innovation Capital.

Canada’s Strategic Innovation Fund will provide $19.2m for accelerator Creative Destruction Lab over four years with the aim of supporting more than 1,300 science-focused companies.

The Autodesk-backed lunar spacecraft developer has now raised $47.5m in funding altogether, securing $2.5m in a bridge round and $10m of a $20m series B.

HUJ’s tech transfer arm still hopes to raise a further $3m for the fund to close it at $9m and has already invested in three technologies.

The Delft-affiliated fund has reached its first close on its way to a $120m target, having secured capital from a range of limited partners.

Shenzhen Huanuo Innovation was among the investors in a series B-plus round that will help the electronic components trading platform expand warehouse capacity.

Kaloyan Andonov of GCV spoke to Geert van de Wouw, vice-president at Shell Ventures, the venturing subsidiary of Anglo-Dutch oil and gas major Shell about the future of energy and how the rebranded venturing arm under his command tackles it.

This is our data snapshot based on last month’s investment activity. 
The charts and tables have been generated by our data platform GCV Analytics.

University and government venturing successes fail to attract significant corporate interest

A range of new materials and technologies could yield vastly improved batteries for purposes including electric vehicles and grid storage.