The Austria-based bank has formed a $29.5m venture capital subsidiary called Elevator Ventures, adding to an existing accelerator initiative.

HMD Global, which has licensed the rights to produce Nokia-developed phones, secured funding in a round featuring two Foxconn subsidiaries.

Fitness activity access service GymLib has received $11.8m in a Sodexo-backed round that is its second in less than a year.

The incubator has created a program dedicated to scale-up companies thanks to a $6.7m commitment from the Connecting Capability Fund.

The unit will provide up to $150,000 in funding for gaming or eSports projects in Eastern Europe.

Blockchain Valley Ventures has launched an incubator and VC investment vehicle with support from Lykke Corporation.

Rocket Internet-backed e-commerce platform Home24 is seeking between $178 and $235m as it prepares to float on the Frankfurt Stock Exchange.