After an extensive search, the university has appointed Luke Hakes to the role of independent chairman in its technology transfer office.

Energy transmission operator Tennet has joined a list of limited partners for Set Ventures' second fund that already includes Shell, Essent and PZEM.

The corporate-backed music platform is reportedly mulling a public market listing that would not raise money but which would allow investors to divest their shares.

Fosun has invested $13.3m in Naga Group, the developer of a social trading platform, and will help the company expand into Asia.

Amadeus Capital Partners has added $2m to the $13m raised by the Beenos-backed online payment technology provider in January, taking its total funding to $24m.

SpyBiotech has been spun out of University of Oxford with $5m in seed capital led by Oxford Sciences Innovation and participation from GV.

Novartis is set to exit heart valve replacement maker Symetis after Boston Scientific agreed a cash purchase less than two weeks after the company filed to go public.