Karolinska Development has sold its remaining stake in BioArctic, which is based on research at Uppsala University and floated on Nasdaq Stockholm last year.

The drug developer, which is targeting chronic inflammation-related diseases, has raised series A cash two years after it spun out of Selvita.

Dementia Discovery Fund, backed by more than half a dozen corporates, reached its final close after AARP supplied $60m.

Irish institutions have spun out fewer businesses and awarded fewer licences, options and assignments than in previous years.

Launched in September 2017, Spin-Off Austria supports academics looking to establish spinouts and has selected the first eight projects.

ING Ventures led a round for the blockchain trading technology developer that included fellow corporates BNP Paribas and Tech Mahindra.

Safety control equipment maker TTTech has received an undisclosed amount from B&C in return for a 9% equity stake.

B&C has acquired a 9% stake in TTTech for an undisclosed sum, guaranteeing that the TU Wien spinout will continue to be majority-owned by Austrian shareholders.

The corporate-backed Space Camp Accelerator has welcomed its first six startups.