Industrial

Satellite-powered data company Spire has secured $25m from a series A round supported by Mitsui and Qihoo 360.

The tyre producer has teamed with alternative asset manager to form the fund, which will make strategic investments.

Utah State University is commercialising a new device that will make tracking and evaluating of atmospheric mercury levels easier.

The solar cell developer has now secured over $200m since it was founded, as roofing material company GAF joins Sunpower and Spirox in backing the company.

Adapt Low Carbon Group and Tsukuba Technology Seed will be investing in agricultural innovation.

The biodegradable oil company, also backed by Monsanto, secured the funds from BP Ventures and new investor Evonik.

Business angels from the US and UK as well as the Technology Strategy Board invest in the spin-out.

The plastics recycler has raised $17m in a Waste Management-backed debt and equity round that increased its total funding to $79m.

Surrey NanoSystems develops material so black you cannot see it.

Corporate venturing units maintained a brisk deal-making pace in the summer with another busy month in June, although activity was down against the bumper spell of deal-making in May.