The vehicle is the fifth fund to be established by Salesforce under the Trailblazer banner and follows entities focusing on Canada, Japan and Australia.

Existing backer Virgin Group returned to reinvest in intimate gig promoter Sofar Sounds, which just celebrated its 10th birthday.

The Mitsui and Virgin-backed money transfer service more than doubled its valuation to $3.5bn in a round that involved existing backers selling shares.

Medtronic, LivaNova and Baxter Healthcare have helped commit $53.5m for the third medical device-based fund to be raised under the MD Start moniker.

Jacqueline LeSage Krause of Munich Re Ventures and David Gilmour of BP Ventures are co-chairs of this year’s GCV Symposium, which is looking at how to navigate market turbulence.

Free-roam VR experience technology company Holodeck VR has been backed by ProSiebenSat.1 Media, raising the prospect of business development collaborations with the corporate's television networks.

Andrew Williamson has become managing partner of Cambridge Innovation Capital after more than two years as investment director.

Seraphim Capital’s Space Camp Accelerator, which counts a number of corporates among its investors, has picked out its third cohort of space technology innovators.

Members of science incubator Unit DX have obtained $25.5m of capital altogether since launch in 2017, with many of its residents hailing from University of Bristol.

Cambridge open source hardware spinout LowRisc has been backed by Alphabet's Google, which has sent two representatives to its board of directors.