UCL and Francis Crick-founded Achilles has raised series B funding at a reported $228m valuation and will now look to advance lung cancer and melanoma treatments.

Loebermann has left his position as head of corporate venturing for chemicals provider Altana for a managing director role at DP Polar.

Antibiotics developer MGB Biopharma's lead candidate exploits University of Strathclyde research, and it has just raised an undislcosed amount of new capital.

Grant Allen and Varun Jain - both previously recognised by GCV - have been snapped up by Schneider Electric's $565m corporate venturing fund.

Swisscom, Zürcher Kantonalbank and Constantia all took part in an $18.5m round for 3D-printed satellite component producer Swissto12.

Müller Medien-backed Inkitt has secured series A capital that will support technology development and the addition of 10 languages to its crowdsourced publishing platform.

Baywa RE Energy Ventures and Inven Capital co-led a series B round for the solar system supplier that included existing backer Statkraft Ventures.

Qualcomm Ventures has exited software development testing service Bitbar Technologies in an acquisition by SmartBear Software.

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