The firm’s portfolio fell to a $61.8m net loss during 2018 amid difficult market conditions for listed small-cap businesses and the consolidation of its former peer Touchstone Innovations.

Existing investor Tencent has returned for a $100m series C round that valued the cross-border financial remittance service at more than $1bn.

TU Berlin spinout IPlytics has collected several million dollars from investors including High-Tech Gründerfonds to expand into the US, South Korea and Japan.

Severstal has launched an accelerator to develop metallurgical technology startups as part of a $25m open innovation investment drive.

Bouygues Construction and Suez Group have both contributed to an $11.3m round that will fund the construction waste removal service's European expansion.

Meyer Burger picked up an 18% share in solar film manufacturing spinout Oxford PV, following a recent $41m first series D close for the spinout.

Gregg Bayes-Brown, OUI’s communications manager, shares his thoughts on the drivers and strategies surrounding the communication of university innovation.

Brainlab has purchased the surgical robotics technology provider for an undisclosed amount, two years after investing in the company.

Ghent University-founded texture streaming technology creator Graphine has been picked up by Unity Technologies, providing an exit to research institute Imec’s iStart accelerator.

KU Leuven has generated 60 spinouts since 2000, the most of any Flemish region university, while digital-focused research centre IMinds topped the bill for Flemish strategic institutes.