The corporate venturing unit has acquired a majority stake in a UK-based data mining company and funded two internal KPMG initiatives.

Intel Capital has returned to co-lead the mobile payments company's latest round, which will fund the launch of a merchant lending service.

Delft University of Technology one of consortium backing IoT startup Undagrid.

Virtual reality game developer Resolution obtained the cash from investors including Google Ventures, which made its first investment in a Sweden-based company.

Novo, Novartis, Johnson & Johnson and Pfizer have taken part in a series C round for Merus, which was previously reported to be gearing up for an IPO in the US.

Jens Umehag will act as the corporate venturing unit's chief financial officer in addition to serving as head of finance for BP's Group Technology division.

Stockholm spinout OrganoClick reports 44% sales increase following its Nasdaq float earlier in the year.