ISAI, a French early stage and small cap private equity fund backed by a growing list of European - largely French entrepreneurs and high ranking senior executives - has re-invested in French travel agency-linked business, Evaneos. Fellow corporate venturing outfit, XAnge Private Equity, also participated in the $6m series B round. The company has raised $7m since it was established in 2009.

Heureka II growth equity fund, managed by Acton Capital Partners, and backed by Hubert Burda Media raises $110m at first close.

Intelligent Energy, a spin-out of Loughborough University, signs multi-million dollar agreement to power Indian telecom towers with hydrogen fuel cells.

Education technology firm Sanoma Learning partners with Eindhoven spin-out Sowiso on the development of e-learning technology for mathematics.

Germany-based Delivery Hero has raised $88m in a series E round to consolidate its global position in the online and mobile food ordering sector. Insight Ventures led the deal. Existing backers include Kite Ventures, Team Europe, ruNet, Tengelmann Ventures, Holtzbrinck Ventures, Point Nine Capital and Phenomen Ventures. Its total funding to date is about $200m.

EIF and corporate-sponsor-backed Aster Capital has backed a $10m series A round of funding for UK IT cooling specialist, Iceotope.