Norway-based Ultimovacs raised the funding through a share placement to investors including corporates Canica and Sundt.

The cash, which included a $42m equity portion co-led by Swire Pacific, will be used to repurpose a US manufacturing facility to produce Green Biologics' renewable chemicals.

Corporate-backed audio recognition specialist Shazam has closed a series F round that was raised at a billion-dollar valuation.

The fitness equipment company has co-launched an accelerator that will target health and wellness technology startups.

Tartu University puts Estonia on the 3D printer map with fresh spin-out EDM Machinery.