Robert Bahns has stepped down as technology partner at IP Group to become chief financial officer at one of the firm’s portfolio businesses, WaveOptics.

Sofinnova Partners and New Enterprise Associates have co-led an oversubscribed series A round for Polyneuron Pharmaceuticals, spun out of University of Basel.

Goethe University Frankfurt has spun out Vivlion to commercialise a library of the human genome that could drive the development of more Crispr therapies.

IT Inkubator at University of Saarland will open its program to researchers across Germany, who will however have to join the existing facilities in Saarbrücken.

An industrial biotech initiative co-led by University of Strathclyde has received UK government funding to prepare an application to the UKRI’s competitive Strength in Places program.

OUI’s first social enterprise spinout, Sophia Oxford, will implement a multidimensional poverty index and standards intended to help corporates respond to the needs of workforces.

Cosmian has secured backing from the PSL Innovation Fund to advance products based on inventions from multiple French research institutes including PSL-hosted Inria.

The firm posted its half-year results for the period ending December 2018, registering an 83% year-on-year rise in turnover and a 43% gain in the fair value of its portfolio.

Hearst Ventures was among the participants in a round that will fund the roll-out of Plum Guide's high-end holiday accommodation rental platform to 12 more cities.

Twelve teams will be given the opportunity to participate in the ten-week accelerator, which is also backed by corporates Vodafone Ireland and Ericsson.