The two universities have joined forces with Atlantic Bridge and attracted the European Investment Fund, Enterprise Ireland, AIB and Bank of Ireland as investors.

Robert Bosch's corporate venturing unit recently launched a $170m third fund, and China and agribusiness startups are on the menu, according to managing director Ingo Ramesohl.

Air Liquide's corporate venturing unit has invested in Carmat, Poly-Shape and Solidia Technologies so far in 2016, as well as Inpria.

Woodford Investment Management increases its stake in Imperial innovations to 21% with a $16m investment.

Existing shareholder Zalando increased its stake in the fashion e-commerce network, contributing an undisclosed amount to its latest funding round.

Marshall Group is set to exit gas sensor technology producer CMOS after the agreement of an acquisition by AMS.

Finance for Business North East invests $173,000 in Hexislab, a company using machine learning to identify compounds for skincare.

Phomera Technologies unlocks an industrial process to replicate the colour-changing properties of butterfly wings.

Music streaming service SoundCloud secured the funding as part of a $100m series E round it is raising at a $700m valuation.