SanomaVentures will exit the Netherlands-based cash rewards platform developer, which has been purchased for an undisclosed sum by its peer, Bonusway.

AES and Siemens' joint energy storage venture is valued at a little over $1bn in the Qatar Investment Authority-funded transaction.

Today’s deal net round ups the smaller investments from across the university innovation ecosystem that have occurred over the holiday period.

The intelligent chipmaker, which traces its roots back to University of Bristol, has secured series E funding at a $2.77bn valuation.

Tokyo Gas is paying $200m for a 9.7% stake in the clean energy utility while existing backer Origin energy is kicking in another $50m.

Hirschvogel Automotive invested in a $19.5m round for the the electric vehicle motor manufacturer in conjunction with a partnership agreement.

Sage has agreed a partnership with the business management software developer which will involve it leading a $33.5m round.

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

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.