Total funding to $15m, including SFr1.35m in December 2013.

Swisscom had been a customer of Exoscale and Stefan Kuentz, investment director at Swisscom Ventures, said: "To support the company's international expansion journey, we are glad to have found A1 Digital as the new majority owner and partner that has the reach to unlock multiple new markets"

Swisscom has committed about $50m with the Digital Transformation Fund sourcing the rest from institutional investors.

The blood pump developer raised $16.3m from public investment bank BPIfrance, following a Novo Seeds-backed round two years ago.

Vorwerk Direct Selling Ventures has sold its stake in e-commerce platform DaWanda, four years after investing.

Chip developer Tusk IC has been spun out from KU Leuven with capital provided by the Gemma Frisius Fund.