Microsoft Ventures has hired Itxaso del Palacio from merchant bank Lefe Partners as an investment partner, and she will oversee European investments from the unit's London office.

The university has spun out Mac Panther Materials, its first spinout using an external team of co-founders.

The two universities have signed a partnership agreement that aims to increase research collaboration, boost commercialisation activities and develop a joint PhD program.

DAH, a holding vehicle for Service Innovation Group, has supplied $11m in financing for mobile customer data analytics company Flytxt.

Cardiff spinout Nanotether Discovery Science has been acquired for $340,000.

Cambridge spinout Definigen has boosted its intellectual property portfolio by licensing additional research from the university.

The corporates, both members of the Telecom Infra Project initiative, are collaborating on an accelerator program for network infrastructure technology startups.

The internet company's newly formed Games Investment Division will invest up to $100m in game developers and publishers in the form of equity, acquisitions and royalty deals.