The $22.5m Berliner Volksbank Ventures unit will target Europe-based startups operating in the financial technology sector on behalf of the bank.

Allianz was joined by investors including insurance group Aegon for a round that will support the insurance analytics company's global expansion.

The football media platform took its overall funding to approximately $39m in a round led by ProSiebenSat.1 which will help the startup expand in Germany.

KLM and Schiphol have backed a second Mainport Innovation Fund, alongside Delft University of Technology, Port of Amsterdam and NS Dutch Railways.

Reply has selected EnModus, Gymcraft and Inova Design for its incubator and committed a total of $3.6m in funding to the startups.

Cambridge spinout GeoSpock secures $5.4m to become the Google of big data.

The biotechnology company will look to make impact investments through the Diva non-profit incubator in partnership with corporates.

Manchester spinout C3 Biotechnologies looks for corporates to help it develop bio-propane technologies.