Energy

Centrica gives Mixergy a whirl
The energy supplier's corporate venturing subsidiary has put an undisclosed sum into Oxford's smart water boiler spinout Mixergy.
Kaust accelerator unveils third roster
Kaust is preparing for the third phase of its Taqadam startup accelerator, which is supported by a host of Saudi Arabian academic institutions and claims to have achieved a 35% female participation rate.
Seismos extracts $10.5m
Osage University Partners has put up additional capital for oil and gas fluids monitor developer Seismos, which was founded by students from University of Texas.
Purdue prefers trio for $121,000 investment
Purdue’s Trask Innovation Fund has committed $50,000 each to short-term research projects into sodium-ion batteries and a handheld plant scanner, in addition to $21,000 for a data security project.
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.
Fraunhofer energises Mondas
Industrial analytics spinout Mondas is targeting energy applications and has already started testing at a local solar energy network.
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.
JNC connects Nanograf to $4.5m
Chemicals firm JNC has injected $4.5m into Northwestern battery spinout SiNode Systems, which has rebranded to Nanograf Technologies as a result.

Other News

Sunamp heats up with $2.8m
University of Edinburgh’s Old College Capital has returned to back energy storage developer Sunamp to take the company’s total to $8.8m.
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.
Hydrogen Energy Fund to yield $100m
Yield Capital, established by a Tsinghua University institute, has partnered Hyundai Motor to raise a total of $100m for a hydrogen-focused fund.
The challenge of battery tech investment
A range of new materials and technologies could yield vastly improved batteries for purposes including electric vehicles and grid storage. 
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.
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