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Industrial

Rethink Robotics grinds to a halt

Industrial robot producer Rethink Robotics had raised $136m from backers including GE Ventures but has ceased trading after failing to close a planned acquisition deal.


Oct 5, 2018

Fusion pipes in $8m series C

University of Michigan's manufacturing coolant spinout Fusion Coolant Systems has been backed by the institution's Mints fund, taking its total to $9.9m.

Oct 5, 2018

Memetis meets KIT for funding

KIT-founded valve actuator manufacturer Memetis has received capital from the university and HTGF to help expand development and production.

Oct 4, 2018

MTPV powers into $16m series C round

Sabic Ventures and Total Energy Ventures were among the existing investors in a Lake Bridge Capital-led round raised in advance of the release of MTPV's heat-to-energy technology.

Oct 3, 2018

Pivot Bio reaps $70m in series B funding

Monsanto-backed Pivot Bio has now raised a total of almost $87m and will use the latest funding to develop its second crop nutrition product.

Oct 3, 2018

Akselos couples to $10m

The MIT industrial modelling tool spinout received commitments from Innogy and Shell to drive further adoption of its products in the energy sector.

Oct 2, 2018

SlamCore locates $5m

Toyota has backed Imperial's spatial robotics software spinout SlamCore's latest round, adding to seed funding raised from Imperial Innovations and others in May 2017.

Oct 1, 2018

Gilmour Space thrusts $13.7m into orbit

Satellite launching rocket producer Gilmour Space Technologies has been backed by Main Sequence Ventures, managers of Csiro Innovation Fund, taking its total to $17.4m.

Oct 1, 2018

Excell shines with $25m fund

University of Rochester-affiliated VC fund Excell Partners has been selected to manage a state government-funded vehicle targeting local companies in sectors such as optics and life sciences.

Oct 1, 2018

Tau Ventures takes two

The venture fund of Tel Aviv University has added 3D printing technology developer Castor and geolocation platform provider Hoopo to its portfolio.

Oct 1, 2018

Corporate venturing deal net: 24-28 September 2018

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

Sep 28, 2018

Allied Minds links with QuayChain

QuayChain has been formed by Allied Minds to commercialise an IoT hub for industrial sites such as airports, warehouses and transport hubs.

Sep 27, 2018
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