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.

Takkt has led the series A round for e-commerce platform Crowdfox, converting a $2.4m note in the process.

SEB, which previously led a $5m funding round in 2012, has returned to contribute to a $12m follow-on round.

The University of Oxford spinout has filed for an $86.25m initial public offering in the US just three years after being founded.

The commercialisation firm has secured the approval of more than 90% of shareholders required to force a hostile takeover of Touchstone Innovations.

Oxford Sciences Innovation has received an investment of undisclosed size from Legal & General.

Imperial College London and Imperial Innovations have introduced Founders Choice, a program that offers academics the option to retain 95% of equity.