The Tengelmann and Access Industries-backed Global Fashion Group has raised the money from Rocket Internet, its RICP fund and Kinnevik in a down round at a $1.1bn valuation.

Nokia Growth Partners joined existing backer Bauer Media to contribute to a series B round which will help the health tracking app developer expand in the US.

Oxford spinout Immago Biosystems, which is working on increasing the efficiency of antibody-based cancer therapies, has been acquired by Hansa Medical.

Hovione Scientia and Consort Medical both contributed capital as Precision Cocular extended a series A round that will fund its pipeline of retinal disease treatments.

The government of Luxembourg has launched a seed fund with the support of the private sector to support domestic startups in the digital economy.

ABB has contributed to a series A round for Cambridge Medical Robotics, a startup working on robot-assisted keyhole surgery.

Sistema has led a $6.2m series C round that will help contractor recruitment platform YouDo expand into the US, Europe and Asia.

Santander has doubled the amount of capital allocated to the UK-based fintech corporate venturing unit it launched two years ago.

VIB-affiliated V-Bio Ventures has joined a series A round for the retinal treatment developer that already included Imperial Innovations.

The Edinburgh spinout, which uses LED light to wirelessly transmit data, has attracted series B capital from a consortium led by Temasek, the investment arm of Singapore's government.