Siemens Novel Businesses has acquired the stake in automated robotics developer Magazino held by High-Tech Gruenderfonds.

Peter Read has left corporate venturing unit Google Ventures a year after helping to launch its $100m European investment arm.

The GlaxoSmithKline spin-out, which is working on treatments for hearing disorders, has raised additional funds to extend the Pfizer-backed round to $36.6m.

The agribusiness venture fund, backed by partners including Tereos, AG2R-La Mondiale and Groupama, has funded eight companies since its April 2014 formation.

Advisory service Go4 Venture Advisers and investment bank Centerboard Partners will offer advice to fundraising companies and investors under the name Silverpeak.

Naspers is among the prospective investors in a proposed equity round for the Russia-based e-commerce company that would be raised at a $1.5bn valuation later this year.

The company will invest the cash in 'internet of everything' startups as part of the $1bn investment it plans to make in the next three-to-five years.

A full roundup of our GUV: Fusion event, taken from the June-July magazine.