Ventizz retains 61% of Vitronet, which it acquired last year when the target was known as Conlinet Group, after selling 15% to RWE.

BiancaMed will become a part of ResMed's Ventures and Initiatives unit set up in May.

Tengelmann joins media group Bertelsmann backing the fast-growing e-commerce company.

The Reed Elsevier-backed digital media network has acquired its British counterpart, TDP, with which it has been working in partnership since December.

TWC L'Amy becomes the latest fashion company to be part-acquired by the corporate venturing unit of LVMH.

The US-based technology platform for drug development backed by GloxoSmithKline's SR One has used extension financing to bump up its latest funding round to $19m.

Fidelity's Moonray Investors and Arm have backed the smart grid company, with Moonray buying out previous seed investors.

Schmitt worked at Sofinnova for nearly a decade and was promoted to the top rank in 2005 but late last month said on his LinkedIn page he had set up JoltTech Capital as a private equity investment firm targeting technology companies in Europe.