Industrial

Durham spin-out Kromek has secured several new contracts, including one worth $1.45m with the US Defense Threat Reduction Agency.

Nokia Growth Partners backed UCWeb in 2010 because it believed UCWeb was a strong company, yet this required the unit to invest in a company potentially competitive to a goal of its sponsor and sole limited partner.

The Florida Institute has finalised a funding agreement with Altavian.

The companies are collaborating on a US-based accelerator for home automation companies.

Ultrathin rechargeable battery developer Imprint Energy has secured the funding from the supply chain manufacturer along with Phoenix Venture Partners and AME Cloud Ventures.

Uber's $1.2bn series D round has demonstrated again the excitement surrounding the mobility sector at present, and the ride sharing market in particular.

Tel Aviv and Tsinghua universities are launching a $300m joint research project.

Uniseed as well as angel investors are part of the seed round.

There was a surge of deals in May as investment activity picked up from corporate venturing groups across many sectors.