Direct Line and Sistema are exiting Five, a developer of self-driving software testing technology, in a deal intended to give Robert Bosch an end-to-end autonomous driving technology offering.

Decentralised finance technology developer BloXroute raised $70m in a round led by SoftBank Vision Fund 2 while Ackermans & van Haaren helped digital health technology developer Medikabazaar score a $700m valuation.

The Global University Venturing deal net rounds up the smaller investments from across the university innovation ecosystem.

Carsten Coesfeld will run the media group's corporate venture capital activities as CEO of Bertelsmann Investments from the start of June.

Recombinant protein technology provider Healthgen netted over $87m while shared living space provider Hmlet is buying corporate-backed peer Habyt and Uniswap Labs is launching an investment vehicle.

A roundup of exits, including IPOs and acquisitions, across the tech transfer ecosystem.

The Global University Venturing deal net rounds up the smaller investments from across the university innovation ecosystem.

The metaverse technology developer has now pushed its overall funding past $750m since emerging out of Cambridge’s Department of Computer Science and Technology.

Burda Principal Investments was among the participants that backed the virtual private network provider at a $1.6bn valuation.

Creo Capital and Legend Capital helped energy storage system developer MS Energy raise an eight-digit sum while Truora and Medfin each received $15m in corporate-backed rounds.