Covagen, which is developing treatments for cancer and inflammatory diseases, has been acquired for an undisclosed sum, granting exits to Novartis and Seroba Kernel.

Cambridge spin-out Reduse has figured out how to remove ink from paper.

China Investment Corporation makes an undisclosed investment to secure 5.2 million shares.

Recently floated spin-out Pixium Vision is also involved in the project.

Incubator and venture firm Rocket Internet is set to reveal its plans for an initial public offering at the same time as one of its portfolio companies, Zalando.

The acquisition of UK-based Albion by its parent company is set to enable KBS+ Ventures to begin investing in European companies.