Siemens Technology Accelerator venture director Nico Straub has taken a partner position at Bioventure Consulting after nearly six years at the unit.

The conglomerate has paid approximately $256m for a 20% stake in smart energy distributor and technology provider Ovo Energy.

The Irish private equity investor is reportedly approaching AIG, Goldpoint and Cigna, all of which backed the firm's debut vehicle in 2013, for commitments to its Fund II.

Spun out of Inesc Tec under a strategic agreement with Frontier IP, Insignals hopes to commercialise a surgical guidance device for brain implants to treat conditions including Parkinson's.

Alibaba has participated in a $13m extension that adds to the $20m the AI-based rail infrastructure sensor provider collected last April.

The chemicals producer now has a total of more than $280m under management for its corporate venturing activities, having launched its first fund six years ago.

The Nykredit-backed personal banking app has raised $14.7m in a Seed Capital-led round that included Greyhound Capital and Socii .

The corporate venturing units of Semapa and KPN have contributed to Armilar's TechTransfer Fund, which has raised almost $51m on its way to a target of about $68m.

The flexible electronics maker once known as Pragmatic Printing has retained the interest of CIC, Avery Dennison and Arm to take its total funding to nearly $47m.

The flexible electronics maker once known as Pragmatic Printing has retained the interest of Avery Dennison, Arm and CIC in a $16.7m round that took its total funding to $46.8m.