Edinburgh Napier manages the centre which is supported by 11 Scottish universities in total.

Nokia, which invested at a $30-35m valuation, was among the exiting backers as the adtech company was bought by digital media company RNTS.

CleveXel Pharma is licensing two patents relating to diagnosis and treatment of myelodysplasia and leukaemia.

Destina Genomics secures investment from the Scottish Investment Bank.

Dresden and Ulm universities spin-out Heliatek closed its series C round.

British Growth Fund has made its first investment in a publicly listed company, investing $16.2m in carpet and floor covering company Victoria, which will enable the company to acquire Abingdon Flooring.

The Germany-based bank, which already runs an incubator, has launched a dedicated corporate venturing unit to fund European financial technology start-ups.

Pan-European project Flexibilis wants to solve issues of OLED commercialisation.

Anna Westerberg has moved from Volvo Penta, Volvo's engine manufacturing division, to its corporate venturing unit, where she has been appointed president.