Industrial

The MIT spinout has raised $19.4m from unnamed backers, and the plant-based ingredient developer will use the cash to expand its production capacity.

Chemicals producer Altana and family office Skion have invested $300m in the nanographic printer developer, which has now raised $700m in total.

Financial firm Fidelity led the latest round raised by the rise-hailing company Lyft at a $15bn valuation

Leeds spinout Escubed has gone into administration having racked up payable debts worth $255,100 by the end of July 2017.

The agriculture-focused gene editing technology developer has secured capital from investors including Alexandria Venture Investments.

IST Cube has contributed to a seed round for Prewave, an artificial intelligence spinout from TU Wien that will use the money to boost sales and marketing activities.

The spinout will use a chemical processing machine invented at Flinders University to produce nanomaterials such as graphene and carbon nanotubes.

Safety control equipment maker TTTech has received an undisclosed amount from B&C in return for a 9% equity stake.

Open innovation adviser China Materialia has received $5.9m from Henkel Ventures for its second venture capital fund.

A total of 22 participants have each received $100,000 in funding as part of the UC Berkeley accelerator.