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Transport

Edge Case secures $7m
CMU's Edge Case Research has raised capital from Ansys, Lockheed Martin and Liberty Mutual to use AI for solving complex safety issues in autonomous technologies.
Sense Photonics grasps $26m series A
Lidar technology developer Sense Photonics has emerged from stealth with $26m in series A funding from investors co-led by the UC-backed Congruent Ventures.
Swiftly swipes $10m series A
Stanford-StartX Fund joined others including Total Energy Ventures, Samsung Next and RATP Dev to back public transit management software publisher Swiftly.
GV illuminates Firefly’s series A round
Stanford-StartX Fund-backed Firefly has raised $30m from investors including GV, with the capital earmarked for expansion in regional markets including New York City.
University of Indonesia aims to Grab talent
The university has signed up Grab Ventures Velocity, part of ride hailing service Grab, to its new UI Works startup accelerator.
Ford joins Solid Power's series A
CU Boulder battery tech spinout Solid Power and Ford will collaborate on delivering a solid-state cell for electric vehicles using the spinout's production facility.
Byton moves closer to $500m series C
FAW Group will reportedly provide $100m for TUS Holdings-backed Byton for a $500m round likely to value the electric SUV developer at more than $2.5bn.
Motus Ventures to spark $30m innovation fund
Motus, which backs spinouts from a range of universities and research institutes, has secured cash from unnamed investors for its Smart World Innovation Fund.

Other News

Mallinda takes temperature for $2m
Sabic has equipped Mallinda with funding as the CU Boulder-founded thermoset resins provider gears up for the launch of its first commercial product.
Delaware-backed program launches First Fund
University of Delaware-backed science incubator Delaware Innovation Space has started a VC vehicle called First Fund offering startups up to $75,000 in convertible notes.
Corporates champion $113m NordicNinja VC
Honda, Panasonic and Omron are among the limited partners of NordicNinja VC’s inaugural fund, which has identified several university ecosystems in northern Europe as offering opportunities.
Uniseed rides with Forcite
The multi-university venture fund led a $566,000 round for smart helmet developer Forcite, which has now collected $2m in total.
Bosch backs IISc-incubated Simyog Technologies
Incubated at Indian Institute of Science, Simyog has been backed by Robert Bosch for software that helps automotive parts manufacturers test for electromagnetic interference.
Venturing in 2018 – the trends
Rob Lavine, News editor for Global Corporate Venturing, reviews the trends in venturing from 2018

Editor's Picks

Stanford revs up SmartDrive
Stanford University is joined by Oak Investment Partners and New Enterprise Associates backing the driving intelligence company.
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