The small Baltic nation is rapidly innovating under threat from Russia, but more sophisticated investors and an easier procurement system are needed to take its defence sector further.

Ulrich Quay and Sander Verbrugge join the team as partners, while founding team partner Kelly Chen announces her departure.

The Federated Telecoms Hubs brings together telecoms research from universities across the UK in a one-stop-shop for investors.

The German company attracted SE Ventures and Hitachi Ventures for a series B round that will be used to expand its product data management platform.

Geert van de Wouw joined Just Climate at the start of July after over a decade at the helm of Shell Ventures.

University group TenU is looking at ways that industry could be more involved in assessing and identifying what academic research should receive government proof-of-concept funding in the UK.

Tulum Energy, spun out of industrial group Techint, has developed a technology that creates emissions-free hydrogen at similar costs to hydrogen based on fossil fuels.

A shift in focus to premium drinks brands and profitability, along with new strategic direction from the c-suite, may have played a role in Diageo's exit from Distill Ventures.

VC firm Crane Venture Partners will oversee the insurer's $450m Europe and APAC funds and manage existing and new investments.

Startups are coming up with innovative technologies to make polyester production more sustainable, but the problem lies in scaling them.