The 30 partners in the European Lead Factory plans to contribute at least 300,000 compounds and develop about 200,000 more compounds.

Cloud-based application testing tool provider, strategically supported by Salesforce.com, closes series C funding round.

Moscow State University reveals new startups to investors.

Solar panel developer Sol Voltaics, a spin-out of Lund University, receives $6m from Swedish Energy Agency.

Defence contractor Raytheon develops IED detection devices with Loughborough spin off.

Rocket Internet lays claim to being the world's largest internet incubator after raising $500m since May 2012 from partners Investment AB Kinnevik and Access Industries.