Vesalius has provided $4.7m to Forendo Pharma, whose existing shareholders also include Karolinska Development, Novartis, Novo and Merck Group.

Tengelmann Ventures and HV Holtzbrinck Ventures have sold their entire shareholding in kitchenware retailer Springlane to its founder.

The mobile bank operator will use the funds from the PayPal and International Airlines Group-backed round for hiring and international expansion.

Softgarden, a spinout of Saarland University, has been acquired for Investcorp Technology Partners for an undisclosed sum.

Online estate agent Yopa has closed a $26m funding round backed by return investors Daily Mail and General Trust and Savills.

Biomolecule classification technology developer Arago Bioscience emerged out of Oxford in April this year and has now been backed by two of the university's funds.