For my particular research group, there are industry partners on the project. In terms of funding amounts, that would go to the research group itself rather than to the grad students. It would go to the research group, and then our supervisor would kind of allocate those funds to the actual laboratory for equipment, or to grad students for funding. I know there are examples where these companies will pay a grad student, or pay one of their employees to then enter grad school, so they do get funding from that company as well as from grad studies.
On June 15th, 2023. See this statement in context.