TUM-founded Twaice Technologies has won backing from UVC Partners to deliver battery management software targeting electric vehicles.

University of Central Lancashire spinout Alusid has raised capital from Frontier IP to help fund a new factory for its building material made from recycled glass and porcelain.

Salesforce Ventures is set to exit CRM services provider Fluido three years after backing a $3.5m round, in an acquisition by Infosys.

Oxford VR is developing VR mental health applications with the help of funding from investors including the university and its OSI venture fund.

Dave Rosenberg has left a managing director position at GE Ventures to head Merck Group unit M Ventures' New Business Fund.

Breed Reply has launched an eighth call for internet-of-things startups to take part in its Best in Breed scheme.

Porsche, Hyundai, JVCKenwood and Alibaba have backed a series C round that valued augmented reality technology developer WayRay at $500m.

Corporate venturing unit Trumpf Venture invested $4.5m to help the diabetes monitor developer close the round at $12.1m.

The MMI-backed Anthemis Exponential Ventures was among the investors in a $14.3m seed round as Unmortgage prepares for a 2019 launch.

Barclays has selected the 10 participants that will take place in the 2018 cohort of its New York accelerator.