France-based venture firm Elaia Partners has reached the first close of its fourth fund, with EDF, Nexity, ADP and Mgen all contributing capital.

The Paris-Saclay Seed Fund has participated in a funding round for Damae Medical, which has developed technology to detect skin cancer without the need for biopsies.

Future Planet Capital was among the investors that added an undisclosed sum to the $10m in series B funding Congenica raised in February.

BGI Genomics and Healthlink were among the investors that added an undisclosed sum to the $10m in series B funding Congenica raised in February.

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.