The Industrifonden-led tranche has helped the Stockholm spinout lift the round to $13.3m, which will be used to conduct a proof-of-concept run.

The Telefónica-backed digital mental health services provider has secured an extension to close its series A round at $36m.

Rising Stars Q&A – Banafsheh “B” Fathieh, head of investments for the Americas, Prosus Ventures

Stellantis, EDF, Mainova, RATP, Total, Duisport and Sansiri are among the investors committed to Eurazeo’s second smart city fund.

Innovative region: United Kingdom

TU Darmstadt spinout Akasol had floated on the Frankfurt Stock Exchange in 2018 and has now agreed to an acquisition by BorgWarner.

Citi and HSBC Ventures contributed to a $19.2m round that will support the data lineage software developer's international growth.

Illumina has also gathered £20m ($25m) to every graduate from its UK-based accelerator.

Break maker's Batch Ventures will announce our second investment later this month.

Propel was formed by Jay Reinemann and David Mort from spinning out BBVA’s corporate venturing unit.