Authentication technology developer raises series A funding led by Debiopharm Investment and Swisscom Ventures.

Biopharmaceutical company ObsEva signs deal with Merck Serono to develop its compounds for treating preterm labour, funded by $34.4m series A financing from Sofinnova Partners, Sofinnova Ventures and Novo A/S.

Vodafone Ventures Egypt has taken a 22.22% stake in online pharmacy Agzakhana.com.

Saudi Aramco Energy Ventures invests in Norwegian technology company InflowControl.

CMU spin-out Safaba raises undisclosed amount in private equity backing for machine translation technology.

English grammar website NoRedInk raises $2m from investors including Google Ventures.

Mobile video advertising platform raised $6.5m series A funding led by Crosslink Capital and including participation of Google Venture and AOL Ventures.