Atlantic Bridge Ventures led the indoor positioning chip producer's latest round, its past investors including LG and ST Electronics.

The Birmingham spinout is entering the final stages of testing for its semiconductor technology.

Hamburg Innovation and the municipal government have launched a range of initiatives to bolster the local ecosystem, with a total of $3.7m being made available.

Alison Campbell, director at Knowledge Transfer Ireland, has become the first representative from outside North America to chair Association of University Technology Managers.

Deutsche Telekom Capital Partners joined B37 and Purple Arch Ventures to invest $30m in the industrial IoT data software provider.

Molendotech was spun out from Plymouth half a year ago and has now secured a three-tranche commitment of $700,000 from investors.

The internet company will pour $1.2m into the Technical University of Munich Foundation and another $310,000 into TUM's AppliedAI initiative.

The mobile wallet developer received $16.1m in a CNP Assurances-led round that also featured Oddo BHF to expand in Europe.