The UK-based maker of therapies for the central nervous system which spun off from UK university King's College London could deliver as much as a 57 times return for IP Group if performance targets are met. The deal also secures an exit for Denmark-listed drugs developer H Lundbeck.

Autodesk buys Vela Systems, a 3D design software company it backed in a corporate venturing deal in 2010.

An online high school network backed by Korea-based telecommunications company SK Telecom sells to United Online.

UK-based supermarket group Tesco buys the UK-based personalised internet radio service which was backed by Qualcomm Ventures last year.

The US-based real-time location technology developer backed Intel and Cisco reportedly secures an exit.

The US-based industrial holding company owned by businessman Len Blavatnik helps GetTaxi raise funds, as Access Industries' portfolio company QuickOffice sells to search engine Google.

Time Warner Investments-backed social networking company Meebo sells to Google, at a reported $100m valuation.

Entrepreneur Kevin Rose follows up exit of Milk to Google by joining Google Ventures.