Industrial

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.
Axelspace explores $23m series B round
UTokyo Innovation Platform has backed a $22.8m investment round for Axelspace that will fund the launch of the Tokyo spinout's latest satellite.
Robot++ reaches $2.9m summit
Baidu has provided Robot++ with pre-series A funding following an angel round backed by a Tsinghua incubator in April 2018.
Corporates experience Telexistence’s series A
Tokyo's experiential robot developer Telexistence has won funding from a investors including the university's Innovation Platform and a host of corporates.
Purdue prepares Next Offset Solutions
Next Offset Solutions will commercialise a 3D printing technology for energetic materials including rocket fuels and pyrotechnics.
Tsinghua mulls Japan-focused fund
Tsinghua’s Tus-Holdings is weighing up a venture capital fund as part of a $584m push into Japan’s artificial intelligence, fintech and robotics sectors.
Oxford excavates PalaeoPi
PalaeoPi, which began operations almost a year ago, is developing a photogrammetry-powered 3D scanner called MKIII TablePi for purposes including archaeology.

Other News

Spiber spins $44m into its web
Synthetic silk developer Spiber spun out of Keio University in 2007 and has now raised a total of more than $260m.
Goldwind carries LandSpace to new funding
Wind turbine producer Goldwind returned and 36Kr Fund also invested as Tsinghua's rocket technology developer LandSpace secured $43.2m in a series B-plus round.
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.
ACSL approaches flotation
Utec-backed Chiba spinout Autonomous Control Systems Laboratory has filed for an initial public offering on the Tokyo Stock Exchange and plans to list on December 21.
Kebotix collects $5m
Kebotix has emerged from Harvard University with backing from investors including Baidu to commercialise an automated approach to discovering new materials and molecules.
Origin layers $10m in series A funding
Previously backed by Stanford University, Origin has now raised a total of $12.3m to support its modular and interoperable approach to 3D printing.

Editor's Picks

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.
Robotics out of laboratories
Google's purchase of Boston Dynamics signals move from hobby to industry.
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