UBI Global has announced the winners of its global incubator benchmark, with SetSquared retaining number one but this time sharing the position with DMZ.

The data software provider has added $6.6m to close a series A round that included Mitsui Fudosan's 31 Ventures unit.

George Gogolev, director of corporate innovation and technology transfer for Russian Venture Company, has joined Severstal as head of disruptive innovation.

Cambridge Innovation Capital has led a $12m series A close for GeoSpock, which had already secured an initial $5.4m tranche in 2015.

The artificial vision technology developer has closed the first tranche of a series B round backed by Intel, Renault and Robert Bosch.

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.