Industrial

Andrew Kodis, the managing director of Sabic's corporate venturing unit, is leaving the company to take the reins as chief executive of Black Diamond Structures.

The $84m raised by Jimubox last week makes it the third China-based peer-to-peer lending platform to close a large funding round this month.

Osage University Partners, a venture capital firm that exclusively invests in university startups, has backed fluid data analytics company Seismos in its $4m series A round.

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

Western Australia University transfers the ownership of its LumiMEMS optical detection and cantilever sensing technology patent to Panorama Synergy, the company it had licensed the technology to.

Saudi Aramco Energy Ventures led the construction technology provider's series D round, which it will use to enter new markets.

Nanotube manufacturer Cnano Technology, a Tsinghua spin-out, has secured $15m for a series B round backed by returning investor IDG Capital Partners.

Nanotube manufacturer Cnano Technology has secured $15m for a series B round backed by returning investor IDG Capital Partners.

A Clarkson University partnership speeds up the commercialisation of innovations developed at the university.

GE Ventures led a $26.6m first tranche of a series D round for the robot maker that has now been closed at $40m.

Solantro, the developer of power conversion chips for renewable energy systems, has now raised a total of $25m in venture and grant funding.