TUM’s tech transfer office will begin training 12 impact-focused startups from June 2020 in an accelerator allied to BMW Foundation Herbert Quandt.

Azafaros, a metabolic disorder drug developer leveraging Leiden University and Amsterdam UMC inventions, has secured $28m in series A capital.

Deutsche Telekom Capital Partners and Rocket Internet contributed to a $13.3m round that will help the deals-focused e-commerce company grow in the US.

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

Patrizia has paid an undisclosed amount to buy the real estate investment platform, whose investors included Aareal Bank and Berlin Hyp.

Chalmers University of Technology-founded baby ventilation monitor developer Monivent will join the Spotlight Stock Market in an IPO where 60% of shares have advance subscriptions in place.

The University of Bristol-led incubator now has more than 80 portfolio companies, which posted a combined turnover of $77m during 2019.

LG and ST Electronics are set to exit indoor positioning technology producer Devawave in an acquisition by Qorvo reportedly sized at $400m.

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

The payment and shopping app developer has launched in Australia with the help of Commonwealth Bank of Australia, which raised its stake to 5.5%.