Moonscape, headed by the connected internet company's CEO, will invest $120m in internet of things start-up companies.

Virginia University spin-out PhosImmune has raised investment from the Centre for Innovative Technology.

The corporates contributed to a series C round raised by mobile payments company SumUp, which is also backed by Tengelmann and American Express.

Naspers-backed media and education company Abril Educacao has sold a 18.5% stake to the Singaporean sovereign wealth fund GIC for about $265m.

All-in-one online rental platform OpenRent has received a multi-million pound investment as part of a 'media for equity' deal from Northern and Shell Ventures.

Online entertainment producer Breaker has formed a strategic partnership with Gumi, following a significant investment from its corporate venturing unit, Gumi Ventures.