Based on current activity, we continue to be of the view that the European venture market is holding up.

Difficulties in a partnership vacuum.

The enterprise cloud company backed by Salesforce and SAP's corporate venturing unit expands to Europe.

The Saudia Arabia-based petrochemical manufacturer and the Netherlands-based university work together to commercialise the university's technology which prevents over-heating of solar collectors.

The biopharmaceutical company which is a spin-out from the University of Bath relocates to the North-East of England.

The series C round was led by SEB Venture Capital, and joined by venture firms Industrifonden, ALMI Invest, and KTH Chalmers Capital.

Bob Woods, the former chairman of Switzerland-based crops company Syngenta, becomes executive chairman, while Bill Kirk and Troy Fukumoto have joined the board.

The second round of funding for the UK-based infrared technology company,
deal was led by Robert Bosch Venture Capital, a corporate venturing unit of industrial group Bosch.