Chinese search expert Baidu led the series A round.

The memory and brain game developer has announced a $1.3m seed round raised in March from investors including the founders of Zalando, Fyber and Wimdu.

Oxford is spinning out Enhanced Medical to exploit new ultrasound imaging technology.

Energy company Fortum has purchased a minority stake in wave energy start-up Wello Oy for an undisclosed fee.

The exit is likely to have made a strong return for T-Venture, Deutsche Telekom's corporate venturing unit, which dubbed the company "a star performer" and the deal a "successful exit".

Software company Beqom has raised an undisclosed amount from Swisscom's corporate venturing unit and investment group Renaissance PME Foundation.