Indigo Diabetes, a spinout of Ghent University and Imec, has raised the capital from a consortium of investors that included university venturing fund Qbic.

L'Oreal has committed an undisclosed amount of money to the latest fund to be raised by venture firm Partech Ventures, which closed a $107m fund last month.

Wealth management service Nutmeg has added $14.8m from Fubon Financial Holdings to a $37.2m series D round that reached its first close in November.

Alstom has agreed to buy connected railway technology provider Nomad Digital, providing an exit to corporate venturing unit Deutsche Telekom Strategic Investments.

Jaguar Land Rover's InMotion unit has hired Sebastian Peck from medical treatment platform Health Bridge as its managing director.

BP has exited ventilation system producer Breathing Buildings in an acquisition by ventilation product maker Volution Group.

Bailie Gifford and an undisclosed second investor supplied the capital at a flat valuation, taking the Rocket Internet-backed company's total funding to about $365m.