The other co-lead and new investor was Almi Invest, which joined existing investors including T-bolaget, Wikow Ventures, SGP Group and Servisen.

BioMarCare is a portfolio company of Hadasit Bio-Holdings, a publicly traded holding company for businesses using intellectual property developed and owned by Israel's Hadassah University Hospital.

Loyola University Maryland partners with Wasabi Ventures on an accelerator, strenthening the ties between the firm and the university.

The Phillippines' Globe Telecom launches incubator Kickstart Ventures.

India-based seed fund Kae Capital, led by Sasha Mirchandani (pictured), formerly BlueRun Ventures' India head, reportedly raises $25m with venture firm and fund of funds backing.

The venture capital firm backed by the German government and many Germany-based corporations invests in the technology of a media monitoring spin-off from Humboldt University.

The venture capital firm backed by the German government and many Germany-based corporations invests in the technology of a media monitoring spin-off from Humboldt University.

Abingdon will use the money to buy 50.1% of Molecular Vision, another Imperial Innovations portfolio company, as well as for other projects, including those from its Bioscience Ventures joint venture with the University of Birmingham.

Finland-based phone maker Nokia, which uses software group Microsoft's mobile operating system, will both fund the $24m programme, AppCampus, over the next three years.