Magnitude Biosciences started operations in September 2018 to commercialise a Durham University ageing research technology centred on the C.elegans nematode worm.

Shell, BNP Paribas and PTT Group have all made commitments to the third fund to be raised by energy-focused VC firm Set Ventures, which is targeting an $85.5m close.

The seven-digit investment by BE Beteiligungen Fonds will help Salzburg e-commerce search spinout Findologic accelerate its international expansion and introduce new product features.

Partly based on Polytechnic University of Valencia research, Kerionics hopes to commercialise a ceramic membrane-based system for producing industrial quantities of oxygen from waste gases.

Chalmers Ventures has invested more funding in human resources app developer Winningtemp, which is preparing its employee wellbeing software for international expansion.

Led by two former Caixa Capital team members, Indico Capital Partners has raised $47m for the first close of a fund that will target Portuguese and Spanish startups.

Nanomaterials provider Nanogap, a spinout of University of Santiago de Compostela, received $2.1m from Repsol's Corporate Venture vehicle.

Meniga has bought Wrapp, the retail rewards platform that had raised at least $34m from investors including Qualcomm, H&M, Klarna and American Express, in an all-share deal.

Nanomaterials provider Nanogap, a spinout of University of Santiago de Compostela, received $2.1m from Repsol's Corporate Venture vehicle.

The employee communication software provider will use SGE's investment to expand its operations internationally.