Industrial

Unipart Rail has acquired Instrumentel, a spinout from University of Leeds that is developing telemetry systems for rail and automotive applications.

The universities of Sheffield and Leeds have launched a new spinout, Redbrick Molecular, that will market specialty chemicals.

The upper end continued to grow and corporates launched a raft of AI funds, as bike sharing, real estate, smart vehicles and urban farming drew capital.

Loughborough University spinout Sonobex has developed noise control technology and has a first product ready for market launch.

Cloud storage firm Kingsoft Cloud raised $300 in a series D round, one of the largest rounds in the cloud tech space in 2017

University of Minnesota spinout Calyxt has entered the public markets in a flotation that resulted in the share price climbing from $8 to $11.25 on the first day of trading.

Paragraf hopes to manufacture ultra-thin graphene by using thin film production and aiming to process the materials in their final form.

The Manchester spinout is trialling treatment systems to remove organic and microbial waste from water more efficiently.

Saint-Gobain and JLL were among the limited partners that put up the cash, which VC firm Navitas will use for real estate and construction technology deals.