Laurent Audoly, managing partner of the pharmaceutical company's new open innovation scheme, spoke to Global Corporate Venturing about its collaboration and investment strategy.

An Edinburgh University spinout transmitting data with light has raised $2m as it prepared the launch its USB dongle at the Mobile World Congress.

Google has revealed it has committed the first part of its $168m DNI Innovation Fund to a total of 128 organisations across 23 European countries.

The e-commerce holding group has raised funding from MTN, Rocket Internet and Goldman Sachs to add to cash provided by AXA last month.

Media company Mediaset's ad-for-equity unit was among the investors in a round that will boost marketing, product development and recruitment for the jobs platform.

Business Growth Fund has provided follow-on funding for the drinks chains operator, returning for a second time and boosting its total commitment to more than $12m.