Forendo, which is developing treatments for endometriosis and low testosterone, has closed its second round of funding.

The corporate-backed company, which is developing treatments for peanut and milk allergies, secured $92.6m after raising approximately $50m in venture funding.

Kaunas University of Technology and Practica Capital have signed a co-operation agreement.

Commerzbank's newly formed fintech fund will invest from series A to C stage in Europe and the US, and could partner with the bank's existing incubator.

Edtech Iversity raises money from investors including Deutesch Telekom.

Bonn spin-out secures investment in its series A round.

Google Ventures has increased the size of its European start-up fund from $100m to $125.

Imperial Innovations has a full pot of cash following its IPO successes of Circassia and Abzena.