Psyomics has added an undisclosed seed sum to capital previously raised from Parkwalk Advisors-managed vehicles Opportunities Fund and University of Cambridge Enterprise Fund.

The funding, provided by investors including Qbic, will allow VUB and VIB spinout Confo Therapeutics to accelerate its drug discovery efforts and move towards clinical trials.

Promethera Biosciences has increased its series D round to $44.4m with a $33.1m Mitsui and Medipal-backed extension, adding to Itochu’s initial investment earlier this year.

University of Zurich spinout Vay Sports has launched having raised an undisclosed amount from investors including Swisscom and WelcomeAI.

A consortium involving public-private partnership HTGF has supplied funding to University of Bremen spinout Mirdetect to help a molecular diagnostics blood draw for testicular cancer.

University of Twente-founded cartilage repair injection developer Hy2Care is currently targeting orthopaedic knee applications in veterinary and human healthcare settings.

Regenerative implant producer OssDsign, based on research at Karolinska University Hospital and Uppsala University, hopes to list on the Nasdaq First North and raise $15.8m.

Saint-Gobain has appointed a former investment director of performance materials at M Ventures, Sven Harmsen, as director of external ventures for its Nova subsidiary.

FreightHub increased its overall funding to more than $53m with a series B round co-led by Maersk Growth that will fund the online freight platform's expansion in Asia.

The app-based electric bicycle rental service will use the proceeds from the round, which was led by Denso New Mobility Group, to expand in the US.