Sinvent-backed smartphone camera lens developer PoLight has secured $19m as it looks forward to an initial public offering.

Rocket Internet has taken a 30% share in Delivery Hero and a majority stake in HelloFresh, while consolidating all its food delivery platforms into a single entity.

Frontier IP, a subsidiary of commercialisation firm IP Group, gears portfolio firm Alusid up for commercialisation.

Renren-backed SoFi has now raised almost $360m from its last three equity rounds, and will look to expand its loans service throughout the US.

Offshore wind turbine developer 2-B has raised a $30m venture round backed by Shell, Rabobank and a host of government-backed participants.

Bern spin-out Synthena drives promising clinical trials into duchenne muscular dystrophy.