Phorest, a developer of salon and spa management software, has received $23.2m from Susquehanna Growth Equity that will fund global expansion.

The research organisation has provided $13.5m for the fund, which also features Reitan Kapital, Orkla and SpareBank1 SMN Invest as limited partners.

Wind power digitalisation technology supplier Fos4X previously secured support from Unternehmertum Venture Capital Partners in 2013 and 2015.

Stealth-stage SpinLaunch, which is developing a kinetic energy-based space launch system, raised the cash from investors including Airbus and Alphabet.

Rocket Internet remains the largest investor in the home products marketplace, which has floated in a $174m initial public offering.

Venture V, whose limited partners include the European Investment Fund, will invest in spinouts from Sintef and NTNU.

Trinity College Dublin spinout Volograms has secured the University Bridge Fund as an investor for its VR and AR hologram creation engine.

ETH Zurich and University of Zurich spinout InSphero has now raised $35m and will commercialise its organ-on-a-chip technology.