Corporate joint venture Mainport has contributed to a funding round for Eye on Air, a startup developing technology to detect explosives residue at airports.

Apollo Therapeutics, the commercialisation fund backed by Imperial College London, UCL and Cambridge University, has approved its first four drug discovery projects.

Automotive parts manufacturer Faurecia has invested in TactoTek, a VTT spinout that manufactures injection-moulded electronics used in vehicles and home appliances.

Automotive parts manufacturer Faurecia has invested in TactoTek, a company that makes injection-moulded electronics used in vehicles and home appliances.

The financial services firm plans to initially complete up to 20 deals through the fund, which will support fintech and several other technologies.

Oxford spinout Wrapidity has been acquired by Meltwater for an undisclosed sum.

BASF hired Markus Solibieda, formerly a partner at private equity firm Mandarin Capital Partners, as managing director at BASF Venture Capital in November, initially to work alongside Nachtigal.