Innovative region: Germany

Engie New Ventures alumnus Giovanni Ravina, became chief innovation officer for another Engie subsidiary, Engie EPS, in January this year.

ICL will restore internal tech transfer activities from its Imperial White City Incubator, in the process ending its arrangement with commercialisation firm IP Group.

Statkraft Ventures is set to exit distributed energy software provider Limejump in an acquisition by Shell that will follow some $10m of funding for the company.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Sanger Institute-founded PetMedix is working on antibodies for dogs and cats based on an immune system discovery model that will adapt and extend earlier human health research.

EU-owned institutions including the EIF are pouring capital and assistance into an early-stage tech transfer vehicle for the Fraunhofer network of applied research institutes.

Fintech developer Nivaura has closed its seed round at $20m after closing a third tranche, with the capital coming from investors including London Stock Exchange, Transamerica, Santander, Linklaters and Orrick.

Karolinska Institute’s oncology spinout Aprea Therapeutics has received a $5.7m series C extension adding to an initial $56.8m close in November 2018 that featured Karolinska Development.

Praktikertjänst-backed oncology company Aprea has received a $5.7m series C extension adding to an initial $56.8m close in November 2018 that featured Karolinska Development.