Creditshelf is buying business financing tool developer Valendo, which has raised an undisclosed amount from investors such as ProSiebenSat.1 Accelerator.

University of Cambridge-founded autoimmune disease developer PredictImmune has expanded its IP base with first refusal rights on prognostics for systemic lupus erythematosus.

Alicia Greated, Heriot-Watt University’s director of research and enterprise has been named chief executive of Innovate UK’s Knowledge Transfer Network.

The Lundbeck and Upsher-Smith-backed drug development technology provider reportedly raised the funding at half the $2bn valuation of its last round in 2018.

ItaTech has committed an initial $33m to the fund, which will invest in spinouts emerging out of 19 partner universities and research institutes across Italy.

Goldman Sachs has led a $147m funding round for cybersecurity developer Acronis, pushing the company’s valuation beyond the $1bn mark.

The Visegrad Fund has been pumping money into driving innovation and entrepreneurship across Czech Republic, Hungary, Poland and Slovakia.

Edenred, Samsung, Swiss Post and Swisscom all returned in a $45m series B round for Beekeeper, which is targeting accelerated adoption of its workforce communications platform.

Cambridge Innovation Capital has returned a second time to back a $240m series C for CMR Surgical, helping bring the surgical robotics company's total funding to $386m.

Corporates Ping An and Raisin have invested in Joonko, a financial services comparison portal launched by Ping An portfolio company Finleap.