Cleantech

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

The Engine has reinvested in Lilac Solutions, a lithium extraction technology developer building on research at Northwestern University.

Battery recycling service provider Battery Resourcers, a Worcester Polytechnic Institute spinout, has closed its latest round at $70m.

Congruent Ventures is among the backers of a $33m series B round for Omnidian, having already taken part in a series A round two years ago.

Erlangen-Nürnberg spinout Hydrogenious LOHC Technologies has added $59m to its coffers.

Stanford University has backed a round that will help the nickel-hydrogen battery developer finance construction of a Gigafactory.

Four of the incubator’s portfolio companies will pitch to investors at the GCV Digital Forum 3.0 following the success of similar competitions at our previous events.

Goldwind, Legal & General and Equinor have all taken part in a series D that achieved a $41m first close and boosted the Oxford spinout’s total equity and debt to more than $118m.

VW will invest $100m in QuantumScape and form a joint venture with the Stanford spinout to develop batteries for long-range electric vehicles.

NuMat Technologies, a spin-out from Northwestern University, won a $135,000 prize at the University of Texas.