VTT Ventures has exited textile fibre developer Spinnova, spun out from the research centre in 2014.

Miele Venture Capital supplied an undisclosed amount of funding for KptnCook, developer of a blended recipe and grocery shopping app.

Allianz-backed venture capital firm AV8 launches in the UK and the US.

Biontech, an immunotherapy spinout of Johannes Gutenberg University Mainz, has received an undisclosed amount of equity funding as part of a collaboration deal that could reach $425m.

Blueberry Therapeutics will use the proceeds from the $12.8m China Medical System-backed round to advance its skin and nail infection treatments.

Immunotherapy developer Biontech has received an undisclosed amount of equity funding as part of a collaboration deal that could reach $425m.

Anti-food waste platform developer Karma has secured Electrolux as a strategic partner as well as an investor in a Kinnevik-led round.

University of Aberdeen and entrepreneurial training firm Elevator have concluded the latest edition of their Accelerator Aberdeen program.

Digital prescription platform Healthera has been backed by Cambridge Enterprise, its Seed Funds vehicle and UCEF.