New York and Tel Aviv-listed TE Connectivity helps power PowerbyProxi to the tune of $5m.

Tom Baird, chief executive of Unified Nexsys, said: "Having a strategic partner such as Aerojet is unusual for a company of our size."

Compositence raised its prior, seed round in June 2011.

Alongside SAEV in backing AnTech is Calculus Capital, a private equity firm.

Advanced Underwater Surveys, a St Andrews and Dundee universities spin-out, sells 50% interest to DeepOcean UK to form ADUS DeepOcean.

SFS will now be able to make both US dollar offshore and RMB onshore corporate venturing deals having first set up an office in China's capital, Beijing, in 2006.

Tel Aviv University announces $20m commercialisation fund with Tata Industries.

Pork integrator Arohan Foods has raised an undisclosed amount, reported to be about R4 crore in series A funding from venture capital firm Omnivore Partners.