Clean Technology

C-Capture catches $4.6m
IP Group returned to join corporates BP and Drax for the Leeds CO2 capture spinout’s latest round, taking its total investment in the company to $2.2m since 2009.
Encamp pitches up seed capital
Environmental compliance software startup Encamp has amassed $1.1m from investors including IU’s Philanthropic Venture Fund.
CIIE breathes funding into Oizom
IIM Ahmedabad's incubator supplied seed funding to help environmental monitoring startup Oizom Instruments pursue marketing, product enhancements and R&D.
Daphne fertilises $4.9m
EPFL-founded exhaust filtering system spinout Daphne Technology has been backed by investors including oil producer Saudi Aramco.
ETH Zurich ignites 27 spinouts in 2018
ETH Zurich spinouts lifted their total funding haul to $173.3m from $123.1m in 2017.
UChicago chimes with four new spinouts
University of Chicago’s Polsky Center for Entrepreneurship has formed microbiome-focused Avnovum Therapeutics, BiomeSense, Covira and Oxalo Therapeutics over the past year.
Colorifix applies itself to $3m series A
Cambridge textile dyeing spinout Colorifix has been backed by Cambridge Enterprise and retailer H&M in its first disclosed equity round.
Ikove kindles $10m Ohio tech fund
Ikove Venture Partners has launched a $10m venture capital vehicle to help spawn spinouts based on projects at Ohio universities.

Other News

UCL eyes $126m second fund
University College London hopes to generate as much as $126m for its second Technology Fund, with British Business Bank thought to be among potential limited partners.
Uniseed plants $485,000 in Wildlife Drones
ANU wildlife monitoring spinout Wildlife Drones previously turned to a Csiro-run accelerator to help get its drone-powered animal tracking system off the ground.
Forge procures $4m from Lockheed Martin
Alberta-founded renewable fuel producer Forge Hydrocarbons hopes its lipids-based fuels will provide a cleaner alternative to petrol.
CAS joins Guangzhou Finance for $144m fund
Research from Chinese Academy of Sciences will benefit from a vehicle backed by the government of Guangzhou in areas including intelligent manufacturing and energy efficiency.
Pure Battery stores $1.3m
Queensland spinout Pure Battery Technologies will use the cash to design and build production plants for its acid-leaching-based battery material manufacturing process.
Canada puts $25m into Toronto’s Creative Destruction
Canada’s Strategic Innovation Fund will provide $19.2m for accelerator Creative Destruction Lab over four years with the aim of supporting more than 1,300 science-focused companies.

Editor's Picks

Big deal: QuantumScape fuels up on VW cash
VW will invest $100m in QuantumScape and form a joint venture with the Stanford spinout to develop batteries for long-range electric vehicles.
Big deal: MIT revs $150m Engine
Massachusetts Institute of Technology has unveiled an incubator that will provide funding, space and expertise to boost commercialisation activities on and off-campus.
Tel Aviv partners with Tata
Tel Aviv University announces $20m commercialisation fund with Tata Industries.
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