Industrial

Salunda has raised an undisclosed sum from the University of Oxford Innovation Fund IV and the Parkwalk Opportunities Fund, both managed by Parkwalk Advisors.

RGU expects its University Entrepreneurship Accelerator to back at least 25 projects each year in areas such as healthcare, digital and social enterprise.

Lyncean, based on research at Stanford University and its SLAC National Accelerator Laboratory, has raised $13.8m in a first close of its series B round from backers such as Intel.

Stanford-StartX Fund has contributed to a $15m series B round for Fictiv, which also attracted commitments from Intel Capital and Bill Gates.

The chemicals arm of oil and gas producer Petronas will use corporate venturing as one route to emerging technologies and markets.

The food and agtech accelerator has accepted an inaugural cohort of eight, with half of the intake focusing on the agtech space.

Industrial IoT platform SpaceTime Insight has been bought by Nokia for an undisclosed sum, providing exits to shareholders including Eon and NEC.

Nanoco, a nanomaterials spinout from University of Manchester, expects its new subsidiary can solve the problem of producing 2D materials at commercial scale.

Nanotech Industrial Solutions, which is exploiting research from Weizmann Institute of Science, received the funding in a round led by EcoMachines Ventures.

Yamaha Motor, Honeywell Ventures, Tekfen Ventures, ABB Technology Ventures and Taylor Farms Ventures have all backed the robotics spinout of Harvard.