Compagnia di San Paolo, Saes Group and Umbra Group have stepped up for the tech transfer fund, which has now raised $49m so far.

Magnax raised the cash from investors including automotive parts firm Hirschvogel Automotive with a view of broadening R&D and entering new markets with its EV motor technology.

OSI has reinvested in the Oxford fusion energy spinout now set to expand its R&D capacity and headcount.

OP Corporate Bank will exit with the cloud implementation services provider in a purchase by IBM following more than $26m in debt and equity financing.

Amgen has participated in an $8.4m round for the antibody therapeutics developer, which aims to tackle chronic kidney disease.

The Sberbank and 500 Startups-driven programme is extending its geographic remit beyond Russia as it prepares to receive applications for its third cohort.

The hydrogen energy provider has raised $34.3m, more than two thirds coming in the form of convertible debt financing from AP Moller Holdings.

Prosus Ventures contributed to a round that more than doubled the total raised by the peer-to-peer learning platform to about $150m.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.