Cleantech

VTT spinout Solar Foods, developer of a method of creating protein from air, has increased a series A round led by strategic partner Fazer Group to $20.7m.

Stanford spinout QuantumScape is set to merge with NYSE-listed Kensington Capital Acquisition in a $700m deal that will value the combined company at $3.3bn.

ETH Zurich-founded carbon capture system producer Climeworks has added $35m to its latest round to fund further business growth.

NetScientific and EMV Capital have completed their merger to assemble a portfolio of 15 companies in healthcare, energy and industrial tech.

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

The UK regional tech transfer alliance's Seed Investment Fund expects to close its first investments in coming months, targeting sectors including healthcare and data.

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.