The financial services firm has changed the name of its Orix Ventures unit to Orix Growth Ventures to emphasise its later-stage nature.

Rocket Internet-backed food delivery service Take Eat Easy has shut down following unsuccessful attempts at raising a series C round.

Daimler-owned MyTaxi is joining forces with KDDI-backed Hailo to form what they hope will be Europe's market leader in app-based taxi ordering.

Channel 4's ad for equity unit, Commercial Growth Fund, was among the round's participants, joining existing backers DN Capital and Octopus Ventures.

Global Fashion Group's latest funding makes it one of several Rocket entities to have raised cash this year, but they will need to stem losses before the money tap turns off.

Staidson Biopharmaceuticals has supported a $34m series C round for InflaRx, which is working on treatments for acute and chronic inflammatory conditions.