Jetstack, OpenCredo and Cygnacom are the first three recipients of cash from the cybersecurity technology producer's Machine Identity Protection Development Fund.

Convenience store management software provider XianLife has raised an eight-figure sum from investors including Megvii and SBI Investment.

Parkwalk Advisors has invested an undisclosed sum in Cardiff ultrasound simulation technology developer MedaPhor through its Opportunities Fund.

ETH Zurich-founded cybersecurity business Xorlab focuses on thwarting email attacks through a combination of machine learning and advanced dynamic analysis.

ICL vascular implant spinout Veryan Medical has been bought by medical device firm Otsuka after raising $56m from investors including IP Group.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

TU Dresden spinout DenovoMatrix hopes to commercialise a method for effectively cultivating stem cell production.

Vertical Venture Partners has joined university venture fund Highlander Venture Fund as an investor in UC Riverside-founded mosquito repellent developer Sensorygen.

The tea product supplier has become the fourth business backed by University of Maryland Momentum Fund.

IP Group has poured more funding into Istesso, whose treatment for rheumatoid arthritis traces its roots to an Aberdeen spinout, to drive immuno-metabolism therapies for autoimmune diseases.