IP Group supplied less funding to its portfolio companies but witnessed a three-fold increase in cash realisations during the first half of 2019.

Ex-GCV Rising Star Christian Noske will head up the Renault-Nissan-Mitsubishi unit, less than two years after joining from BMW i Ventures.

Spinouts such as Oxford’s Moa Technology and Cambridge’s Paragraf were a focal point for Parkwalk Advisors’ largest EIS-assisted venture fund during the 2018-19 tax year.

The Intel and Daimler-backed air taxi developer secured $55.2m in a tranche led by Geely Holding and intends to reach a final close later this year.

John Eggleston has departed from his position as head of the tech sector for BGF in order to take up the chief technology officer role at Pantheon Ventures.

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

Gyroscope Therapeutics, a dry AMD treatment developer exploiting University of Cambridge research, has secured $61.2m from cornerstone investors Cambridge Innovation Capital and Syncona.

Existing investor DMG Ventures has returned to back a $30.4m round for automotive e-commerce platform Cazoo, its second in nine months.

SBI Group and Santander InnoVentures backed a series B round that boosted cryptocurrency security tool developer Elliptic's funding to $30m altogether.

Leveraging University of Glasgow and University of Southern Denmark research, Caldan is targeting a free fatty acid receptor associated with fatty liver disease and type 2 diabetes.