M12, the corporate venture capital unit formerly known as Microsoft Ventures, has contributed to a $1m round for Hazy, a UCL spinout previously known as Anon AI.

The unit, restructured as a full corporate venturing unit in 2016, has rebranded to M12 while its accelerator counterpart will be known as Microsoft ScaleUp.

University of the West of Scotland's first spinout will deliver ultrasound sensors with the help of a seed round featuring the devolved government-owned Scottish Investment Bank.

Cambridge spinout Paragraf has been backed by the university's commercialisation arm Cambridge Enterprise in its bid to deliver a commercial graphene production process.

TU Munich spinout Artisense has developed artificial intelligence-based computer vision aimed at a range of applications, including autonomous driving.

The Trinity College Dublin spinout is targeting a form of prostate gland enlargement with a device that could be installed in under 15 minutes.

The car sharing initiative received the funding from investors including Legend Capital across two rounds that will soon be joined by a third.