Industrial

Automaker Porsche has led the SK Materials, Amperex, Showa Denko Cabot and BASF-backed EV battery technology provider’s fresh round to help advance the EV industry.

The Global Corporate Venturing deal net rounds up the smaller investments from across the corporate innovation ecosystem.

Meituan co-led the unmanned forklift producer’s series C-plus round, which came seven months after a first close that featured ByteDance and Lenovo.

Migdal and Menora Mivtachim helped renewable energy infrastructure developer Fu-Gen with fresh funding which will help expand its operations in the UK and Finland. This is a deal from the renewable energy space, which continues to see much momentum in the context of energy transition.

Content personalisation technology provider Movable Ink and carbon-negative concrete developer Brimstone each raised $55m, with Intel and Amazon respectively among the investors.

Call centre software producer Replicant closed a $78m series B round backed by Salesforce Ventures while Ashvattha Therapeutics raised $69m from investors including strategic partner Huadong Medicine.

Sector report: energy Q1 2022

Corporate-backed medical imaging technology producer Lunit is preparing to float in South Korea while cancer drug developer Pheast secured $76m from investors including Alexandria Venture Investments.

Yangtze River Pharmaceutical Group led Binhui Biopharm's $47m series B-plus round while Sigfox has been snapped up by UnaBiz for under $30m after raising over $300m.

The Global University Venturing deal net rounds up the smaller investments from across the university innovation ecosystem.

TDK Ventures, Itic and Amazon’s newly minted Industrial Innovation Fund all contributed to warehouse robot developer Agility's series B round.