The multi-university venture fund led a $566,000 round for smart helmet developer Forcite, which has now collected $2m in total.

Incubated at Indian Institute of Science, Simyog has been backed by Robert Bosch for software that helps automotive parts manufacturers test for electromagnetic interference.

Rob Lavine, News editor for Global Corporate Venturing, reviews the trends in venturing from 2018

Microsoft, Bridgestone and Qualcomm all contributed to a series D round for MIT spinout ClearMotion, which emerged from stealth earlier last year with $130m in funding.

Founded out of TUM, transmission gear manufacturer ZG-Zahnräder und Getriebe has been bought by Mahle to bolster its integrated drive system capacity.

Half a year after raising $500m in a TUS Holdings-backed series B round, the electric car developer is seeking another $500m before it floats.

Lidar technology developer Baraja has lured the support of Csiro's Innovation Fund as it pursues additional business for its autonomous vehicle perception system in the US and Asia.

Stanford-StartX Fund has returned to pump funding into electric skateboard manufacturer Boosted, helping to take the company’s total funding to $70m.

Ikove Venture Partners has launched a $10m venture capital vehicle to help spawn spinouts based on projects at Ohio universities.

Previously backed by Stanford-StartX Fund, Firefly installs digital advertising screens on taxis to provide drivers with greater income and collect urban data for municipal authorities.