University of Geneva spinout Amal Therapeutics has added $9.6m to its coffers following a series B round backed by Boehringer Ingelheim and Helsinn.

Daimler and Deutsche Bahn have celebrated an exit as Madsack Mediengruppe acquired CleverShuttle.

The PFR NCBR CVC Fund of Funds will put a total of $225m into corporate venturing units set up by domestic and overseas companies to stimulate the ecosystem.

Cambridge Innovation Capital has led a series A round for Prowler.io, which uses artificial intelligence to predict complex interactions in dynamic systems.

Technical University of Munich spinout Lilium Aviation has closed a $90m series B round that included Tencent to support the development of its five-seat jet.