Hard Yaka has supplied $30m in funding for Yoyo Wallet, a portfolio company of Telefónica and Metro Group, as part of a strategic partnership.

Hard Yaka has supplied $30m in funding to IP Group’s portfolio company Yoyo Wallet as part of a strategic partnership.

Azur has won the support of co-founders AIG and Ascot as well as fellow insurer Hyperion to develop products targeting the high-net-worth insurance segment.

Basel Inkubator, created by University of Basel and University of Applied Sciences and Arts Northwestern Switzerland, is winding down as the universities rethink their spinout support.

HTGF has participated in a seed round for Kumovis, a spinout of Technical University of Munich that is working on 3D printers for medical technology.

ZF Friedrichshafen has paid an undisclosed sum for a stake in engineering services provider ASAP Holding sized at over 35%.

Fortinet has acquired Edinburgh Napier spinout ZoneFox for an undisclosed sum and will integrate the company’s machine learning technology into its own cybersecurity offering.

Seventure Partners has injected $5.2m into the Sanger Institute spinout, which has now raised $15.2m from investors also including IP Group and Cambridge Innovation Capital.

Cass Entrepreneurship Fund has returned to back a $3.9m funding round for Raremark, which is working on delivering precision medicine for patients suffering from rare diseases.

The banking firm will tap fintech entrepreneurship specialist Anthemis Group’s expertise to foster startups aligned with its innovation goals.