Quethera has secured an undisclosed amount of funding from the University of Cambridge Enterprise Fund III.

Claus Schmidt spent more than seven years as managing director of Robert Bosch's corporate venturing unit and has been replaced by Ingo Ramesohl.

Amusement park attraction designer Simworx will use part of Business Growth Fund's investment to acquire strategic partner RoboCoaster.

The online peer-to-peer lending company raised the capital from backers including Rocket Internet, Access Industries and the VC firm spun out of HV Holtzbrinck.

Samsung led a $20m round for the laser producer in 2012, part of the $105m it raised before being bought by Coherent for less than $9m.