Michael Anstey, formerly a principal at Boston Consulting Group, has joined university venturing fund Cambridge Innovation Capital to focus on the healthcare sector.

R/GA Ventures has announced the 10 startups that will participate in its R/GA IoT Venture Studio UK.

The e-commerce technology developer has raised $7m in seed funding at a $27m post-money valuation from backers including banks Sparkasse and NRW.

Streetlife, which had received funding from investors including Archant's corporate venturing unit, has been acquired by US counterpart Nextdoor for less than $12.5m.

Gastrofix, the developer of a cloud-based point-of-sale system for the hospitality sector, has raised series B funding from brewery Radeberger.

Westminster Higher Education Forum held a conference on Thursday inviting researchers, executives, legal experts and members of parliament to discuss the future of innovation in the UK.

Commercial vehicle producer Scania will back startups developing sustainable transport technologies through a dedicated fund called Scania Growth Capital.

LVMH Luxury Ventures will invest up to $5.4m a time in luxury fashion, cosmetics and accessories startups.

Touchstone Innovations has co-led the series A round for Apcintex, a spinout of Cambridge University that is working on a treatment for haemophilia.