An Oklahoma Medical Research Foundation project to research a treatment for Glioblastoma, a type of brain tumour, has secured $1m in funding, with support from not for profit corporation i2E.

The Sweden based chip intellectual property company exits to the Taiwan based company, after being being backed by SEB Venture Capital in 2010.

Vorwerk Direct Selling Ventures helps the US-based robot household chore company reach $35m raised in its eight year history.

The University of California, Santa Barbara cloud spin out raises the funds backed by BV Capital, the former corporate venturing unit of Germany-based media company Bertelsmann.

Reed Elsevier is joined by Allen & Co and Pentech Ventures backing the UK-based advertising company.

The Business Growth Fund invests in its fifth deal in three months, backing Mexican street food chain Barburrito.

The venture firm of Google chairman Eric Schmidt is joined by First Round Capital, Greycroft and others backing the joke website.

Google Ventures' Krishna Yeshwant said the investment in the pharmaceutical research and discovery software company comes at a time the pharmaceutical industry "is going through one of the most dramatic transformations in its history".

The China-based private equity firm will reportedly work with the three corporates, including Cathay Financial Group, to invest in app design companies.

InnoSpring, a US-China incubator backed by China-based property company Shui On Group, launches its seed fund with venture capital backing from firms including Kleiner Perkins Caufield & Byers and Northern Light Venture Capital.