The ProSiebenSat.1 and Access Industries-backed music streaming service is considering another equity round or an initial public offering to raise more cash.

Concept Life Sciences Group has acquired Dundee spinout CXR Biosciences.

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

The Samsung-backed flash storage company was valued at $3bn as of its last funding round, a $225m series F round closed last year.

Follett and Pearson exited the classroom communication app, which has been acquired by Branch Metrics for an undisclosed amount.

Samsung led a $20m round for the laser producer in 2012, part of the $105m it raised before being bought by Coherent for less than $9m.

Biotechnology company FortuneRock is set to float on the National Equities Exchange and Quotations in China, giving Jinhua Pharmaceuticals an exit.

La Poste will sell the 90% stake in Xange Private Equity it owns through its La Banque Postale division to Siparex, buying back a 20% share.