Largest series A round in France for five years sets up Merck Serono spin out Poxel for diabetes drug development.

Independent venture capital firms avoid Consert's series A round with strategic investors providing $17.7m.

Disney's corporate venturing division Steamboat Ventures backs $33m series A extension for social gaming company.

Incline therapeutics acquires Ionsys assets to tempt Cadence into minority shareholding and option deal worth up to $290m.

AlienVault closes $4m series A round with strategic investment from Teldat and Neotec.

Diego Berdakin and Josh Berman gain $5m venture funding for Beachmint after leaving News Corporation's incubator, Slingshot.

Reliance Anil Dhirubhai Ambani Group's corporate venturing unit hits third deal in three months by backing Gradatim IT Ventures.

Kainos spins out speech software unit with venture capital firm Crescent Capital help but retaining a stake.

CRP Sante funds Complix and helps the biotech company set up centre in Luxembourg.

SK Telecom Ventures uses Asian knowledge to back Giiv.com start-up.